Micro-Cap/Small-Cap HF exits?

Hola all.

What would be some potential exits from a HF focused on micro-cap/small-cap equities?

Background: Investment Analyst with 2-3 years of experience at my current fund, and 4-5 years in total buy-side experience (worked at a family office prior). In addition, also completing a part-time/executive MBA in Finance from a top 10-15 school with graduation this year. Fund is sub-institutional, and want to explore greener pastures given that I'm graduating.

Because a lot of the companies we look at are cash flow negative, DCFs aren't a core part of what we do, but I can throw together one/do comparables, etc. Have a good grasp on corporate finance/valuation and will be brushing up as well throughout the year.

Initial exits for me seem like VC (same kinds of companies), but I'd ideally like to stay on the buy-side at an event-driven/special sits hedge fund. Would also be open to distressed credit. I know my current fund's strategy is unique, which is why any insights/thoughts/comments/anecdotes appreciated. Thanks in advance guys and gals.

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Comments (7)

Jan 22, 2019 - 4:22pm

Hi HFunder, any of these threads helpful:

  • Exit Op for credit research analyst at Multistrategy Hedge Fund Exit Ops for a fundamental research analyst working with a Credit Hedge Fund Hi Folks, I am ... working as a fundamental research analyst with a multi-strategy hedge fund (more focussed on credit). ... firm's asset management division and has >$2 bn AUM. However, I want to move to a NY-based hedge fund ...
  • Q&A COMMODITY TRADING: Commodity Hedge Fund from Physical Commodity Trading// Exit Ops//Compensation 1- how do you break into a Commodity Hedge Fund from a Physical Commodity Trader (e.g Vitol) after ... having been trained in Mid Office (Deals Desk/Traffic) as a junior? 2- what are generally the exit opps ...
  • HF/PE manager analyst exit ops What are the exit opportunities for a hedge fund and/or private equity manager analyst at ... a FoHF/Institutional Investor/RIA? Can you ever go to the equity buy side of a hedge fund? Or are you stuck in the ... alternative asset manager evaluation space? Hedge Fund of Funds ...
  • BB Alternative Investments vs BB S&T for HF exit ops these offers? Which offer would give me better exit ops to HF, career/salary progression, entry to ... post, so I'm sorry if I posted this on the wrong subforum. hedge fund BB sales and trading bb asset ...
  • Credit Investing- Exit Ops? firm. My prior internships are with a hedge fund and a PE fund. Let's say I get a full-time offer ... to a credit focused hedge fund? Also if I want to recruit again in the fall of my senior year what ... interesting to me. Thanks! credit advice hedge fund ...
  • First Finance Job or Experienced Exit Op? finance before. Is that normal? I thought hedge funds were generally exit ops from banking analyst ... Hey, so I accepted an internship offer at a medium-large hedge fund, but I haven't worked in ... freshmen/sophomores. Is it possible to skip banking entirely and go straight into hedge funds, then? freshman Banking ...
  • PIMCO Portfolio Analyst Exit Ops wondering if there are good exit opportunities/hedge fund opportunities further down the road for this, or ...
  • PE Fund-of-funds......exit ops? question/concern is: what kind of long-term career prospects can I expect and what are the exit ops? Would I be ... direct PE industry, though I would like to keep my options open and possibly go into Hedge Funds or ... alternate career paths. I currently have an offer at a PE Fund-of-funds. The position involves investing in ...
  • More suggestions...

If those topics were completely useless, don't blame me, blame my programmers...

Jan 25, 2019 - 3:07pm


Great question. My MBA posts career opportunities on their website, and will be meeting with a career consultant at the school tomorrow to discuss potential opportunities. Unfortunately, OCR is typically geared towards full-timers, and not so much part-timers.

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