List of HFs that recruit from undergrad (FT and interns)

Not gonna include the big MMs, this is strictly SMs. A few I've seen from linkedin/recruiting posts for FT and intern offers:

Baupost, Skye Global, Maverick, Cat Rock, Matrix, Eminence, Samlyn, Light Street, Silver Point, Scopia, Whale Rock, Abdiel

Not saying any of these have structured internship programs, but they have at least taken a few interns in the past. Anyone know of any others (for FT or internship)? Preferably keep it to L/S, event driven/distressed, and like $2bn+ pls. Much appreciated!!

46 Comments
 

Ah also Force Capital Management and maybe Stone House Capital Management too. I think there is another HF that a friend of mine worked out after UG. Blanking on name right now but was like a Tiger Grand Cub. Also potentially the hedge fund Bloom Tree

Apollo’s hedge funds of credit may also

 

How many people has Baupost hired out of undergrad in the past decade?

 

I talked to one of their recruiters last year who told me they don’t hire undergrads in investing roles. That’s not to say it hasn’t happened - it’s probably happened in the past once or twice - but most people who start FT there are working in BO/MO functions.

IF they HAVE hired anyone in investing roles out of undergrad, it’s likely been less than 3 over the past decade. And with that, they would’ve probably been absolutely stellar outliers. 
 

For reference so someone doesn’t say “YoU pRObAbLY JuSt dIdN’T FiT thE BiLl”, I’ve got a 3.8+ GPA, good test scores, at a target, and my internships have been solid enough to keep me in the running at most places. They just genuinely don’t hire many people (if anyone) in FO roles out of UG.

 

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