Life after hedge funds?

recognizing that HFs quickly become about your track record and performance - where do those with a poor track record or who want out ultimately end up?  fund of funds? Investor relations at a company? something else? curious what people have seen

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Comments (11)

  • Quant in HF - EquityHedge
May 13, 2021 - 6:23am

And how do potential employers learn about your track record and why would you be truthful if they are bad? It may matter if you are a PM, especially if you blew up too spectacularly, words might get around. But those who market themselves well, often do get a second and third chances. 

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  • Quant in HF - EquityHedge
May 13, 2021 - 10:38pm

And why would the candidate be honest about it? Not like the interviewer has the means to verify things. Unless it's a Bill Hwang level blow-up, chances are people have no idea what really happened. Some of the worst performers at my previous funds had no problem moving on, so long as they knew how to pitch themselves. Industry is full of bullshitters if you don't already know. 

May 13, 2021 - 9:36pm

i've seen traders who blow up at a fund go back to the sellside...goto fintech...go into brokering /sales...lots of PWM....a few got into direct to consumer businesses...healthy foods

just google it...you're welcome
  • Analyst 1 in AM - Equities
May 13, 2021 - 10:27pm

AM, IR, ER are the most common. If they are a killer salesman then PWM, but this rarely makes since considering the initial comp downgrade & that a very slim % of people in PWM make close to HF comp. 

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