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

Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

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. 

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • 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'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. 

Start Discussion

Total Avg Compensation

June 2021 Hedge Fund

  • Vice President (18) $520
  • Director/MD (10) $359
  • NA (4) $325
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (18) $269
  • 2nd Year Associate (26) $251
  • Engineer/Quant (51) $237
  • 1st Year Associate (63) $188
  • Analysts (183) $168
  • Intern/Summer Associate (15) $125
  • Junior Trader (5) $102
  • Intern/Summer Analyst (204) $82