Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
April 30, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
No one, really?
They are a large fund (around 8bn under management), around 200 employees including back office. I had an interview there, they seem like decent people, focus on fixed income
Thanks
King Street Capital reconnaissance (Originally Posted: 03/02/2014)
After thoroughly searching WSO I've found over the last 7 years that a half a dozen people have asked about King Street Capital and have received basically no response.
Does anyone have any experience with them or know anyone who has? Any insight you can share on these guys? I mean literally anything--deals they've done, interviews, office space interior, personalities, etc. Are they well respected on the Street?
lol, you basically said you want information on King St but you are not willing to give any... not a good bargain for anybody on the other side.
The public information I found is that they have $19.16 billion in AUM as reported to the SEC on 09/30/2013, which is up from $7.6 billion in 2006. They operate primarily in distressed equity and debt. As publicly reported, equity returns were 40-50% in 2012 and 2013 each. In 2013 their credit fund returned 11.5%.
If you are really that concerned about privacy this whole post is probably a bad idea and I would advise taking it down.
Good point. I'll edit the post.
According to this the flagship fund was started 12/31/96, has $11.4bn in assets, was up 11.14% in 2013, 12.52% in 2012, -1.62% in 2011, and has done 11.11% annualized since inception with a standard deviation of 4.07%. The 4% std is probably what gives an institutions a hard-on and explains all of the assets for 11% return.
http://www.zerohedge.com/news/2013-12-31/best-and-worst-hedge-funds-2013
SEC filing says it has 157 employees of which 55 perform investment adivsory functions. Glassdoor.com reports that 2 research analysts averaged $133,500 of base comp + bonus.
SEC filings indicate that in 2013 King Street made substantial investments in Bank of America, Citigroup, and AIG. Of 8,000 hedge funds it is top 20 in size.
Organization is known for its secrecy.
Interested if anyone has interviewed with the organization or knows anyone who has worked there. Wondering what the culture is like, if it is well respected firm other than being large.
King Street Interview (Originally Posted: 04/28/2010)
All,
Anyone ever been through first round interviews at the hedge fund King Street Capital? Any information on the structure of the interviews (I know 2 30 minute sessions) and questions to be asked would be much appreciated. Thanks in advance.
Anybody out there ever been through the process? Thanks
What position are you interviewing for?
I had an interview for a trading position a year or so ago. 1st round was with HR going through your resume. 2nd round was very informal.
They are a fixed income focused hedge fund with a couple hundred employees. They also rescheduled the interview a bunch of times and took a very long time to get back to me - culture doesn't seem that great.
King Street Capital - Hours / Culture (Originally Posted: 10/01/2017)
Hey Boutique Banking, I'm the WSO Monkey Bot and I'm here since nobody responded to your topic! Bummer...could just be unlucky but one of these topics will help shed some light:
More suggestions...
You're welcome.
Veniam ullam nisi voluptates in sed ipsum quidem. Sapiente fuga eveniet vitae impedit. Deserunt aut assumenda sit incidunt est. Id totam ut temporibus. Facere fugit nihil suscipit.
Tenetur inventore rem eum voluptate. Dolorem sed suscipit minima distinctio aliquid iste. Blanditiis consequatur deleniti at. Modi omnis eos numquam commodi voluptatem quisquam impedit error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...