LinkedIn Secrecy - Hedge Funds

John Tuld's picture
Rank: Senior Baboon | 193

Hi all

I have perused many profiles who don't list an actual employer - rather they enter "New York based Hedge Fund" for example. Why is this? Do some funds not allow employees to advertise that they work there and if so, why? I would hazard a guess it would be concerns of poaching?

Thanks

Comments (77)

Jan 21, 2019

Bump

Jan 21, 2019

I don't have an answer to your question. Just here to say great user name.

"I'm here for one reason and one reason alone. I'm here to guess what the music might do a week, a month, a year from now. That's it. Nothing more." -John Tuld

"Now you's can't leave." -Sonny LoSpecchio

    • 2
Jan 22, 2019

Just have me Eric Dale here by 6:30.

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Jan 21, 2019

I was wondering this too

Jan 22, 2019

yeah some funds just like to keep a very very low profile. it can be for a variety of reasons. poaching is probably one of them. for quant funds ive heard people keep it secret so that other places dont figure out what kind of strategies they're running. If people know they hired so and so person from xyz field then that might give them ideas

    • 5
Jan 22, 2019

Very true, if the quant was in upper academia, chances are their MA or PhD research was published in a journal, showcased at a symposium or at least on their academia.edu profile.

Aug 12, 2019

The best quant academics are smart enough to not publish their best ideas.

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Aug 13, 2019

True! And if you notice, a few of these HF do not even have a website.. or if they do, is just a static page (basic HTML or PHP) with little or nothing displayed

Jan 22, 2019

Just being a 1st year analyst in a HF and I have been told not to put a description of my job on LinkedIn. I can only put that I work in "equities" in "company XYZ" even if the strategies I cover are very vanilla. So I guess some fund even ask you not to say that you work for them...
I've asked my PM and he does not want to be linked to any specific strategy through me. Some PMs might be even more paranoid...

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Jan 22, 2019

are you at exoduspoint? lol

Jan 22, 2019

his PM's gonna tell him to delete his WSO account now lol

Jan 22, 2019

Of course no. I am not that stupid.

Sep 1, 2019

That was a last bit! You are fired!

    • 1
Jan 22, 2019

friend of mine works for Soros...was told not to even HAVE a linkedin...and not to have any online confirmation that he works for Soros (don't list employer on facebook, etc...).

just google it...you're welcome

Jan 22, 2019

I feel like that might be more specific to Soros though, with the amount of anti-Semitic vitriol that has been crafted online towards him. Honestly, it's probably in the employees' best interests to have that policy.

Jan 24, 2019

Antisemitic? Even Israel hates Soros.

The dudes a bond villain to the public eye, whether it's warranted or not. Claims of anti semitism because of distrust of him are largely unfounded except for fringe groups

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Jan 22, 2019

If the reason is secrecy -- whether it's competitive/trade reasons; to discourage poaching; or personal safety -- I don't understand what the point of even maintaining a LinkedIn profile is at all. So it always just looks silly to me.

Jan 23, 2019

I would think that a lot of people use LinkedIn as an online rolodex because when you meet people and want to stay connected, it's so much easier to just add on LinkedIn than having your assistant input their info from their business card and then confirming the info on an ongoing basis. One of my partner still has his assistant call and confirm every single contact he has on a yearly basis to ensure they don't go stale and it drives the entire office crazy!!! My profile hardly has any info on it and I can't say that I really care, but I really value the direct connection LinkedIn gives me to practically everyone I have done business with over the last 10+ years.

    • 4
Aug 12, 2019

I think it's most useful for someone actively looking for a job or recruiting. Definitely a great point about keeping up with people in business.

Jan 23, 2019

I know for Elliott, they do that for security reasons, like if all the third world countries they vultured and litigated want reconciliation.

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Jan 24, 2019

I do know 1-2 Elliott guys that do the NY based hf thing on linkedin

Jan 24, 2019
John Tuld:

Hi all

I have perused many profiles who don't list an actual employer - rather they enter "New York based Hedge Fund" for example. Why is this? Do some funds not allow employees to advertise that they work there and if so, why? I would hazard a guess it would be concerns of poaching?

Thanks

I'll take my time and write a long answer for this later on today or tomorrow.
As a short answer: it has all to do with privacy.

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Jan 24, 2019

As other above have said, Elliott does this.

Jan 25, 2019

Often it's because the fund itself is wary of tipping off competitors to whatever strategy and / or asset class they're targeting.

I have a friend who works for a fund in London and who focuses on a particular niche of energy markets. On her LI, rather than stating in any sense what she actually deals with, her HR enforces a policy of, "no titles, no asset class." All her LI says is, "Trader, Energy Derivatives."

Jan 25, 2019

Came here expecting to hear about hedge fund employee profiles on linkedIn.....ended up reading a debate on gun control.

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Apr 11, 2019
Comment
Aug 23, 2019