MM HF dinner budget

This shouldn't be a secret given the size of these funds, but what's the dinner budget for places like Citadel, P72, Millenium? I understand that they provide lunch in cafeterias for employees but wondering what's for dinner :)

EDIT: Ok it looks like I'm getting a lot of flack for just asking a question and being curious. I'm literally just curious that's all. I'm not using this info to inform any decision making on my part. I do not and will never have an offer at a pod shop.

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 (24)

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
Most Helpful
  • Investment Manager in HF - Other
Oct 19, 2021 - 4:29pm

They aren't paying you to have Masa delivered just because your comp is high. You want 3 Michelin stars? Go out to eat. It isn't like that's the perk that people are looking at. "Here is your $2mm bonus" analyst: "I'll take $1mm if you can up my dinner budget to $50, I'm really tired of having to use my CC when ordering" 

  • Investment Analyst in AM - FI
Oct 19, 2021 - 4:58pm

(London based) Have a few friends who I meet up with for lunch and we go out to eat in the square mile, at Millenium, Bridgewater etc. None eat in their cafes. They are always out at the local restaurants eating, and most don't like the food served up in the cafe anyways. Dude you're earning 6figs+, why are you crying about free food? 

  • Analyst 3+ in HF - RelVal
Oct 19, 2021 - 10:31pm

I work at one of those. I don't have a dinner budget because I'm generally out between 5:30-6 o clock. I do get in early (7-7:30) and get lunch comped up to $25. As others have said, I'm happy to buy my own dinner in exchange for 1. being off work at that time and 2. getting a larger bonus.

  • Research Analyst in HF - Other
Nov 17, 2021 - 12:46pm

That's so random. Most firms upped that crap at the beginning of the return to office to incentive people if they were going to change perks at all. Citadel's analysts have been back in the office since last summer. $35 is a lavish meal tho. My not-a-pod shop is $30.

  • Research Analyst in HF - Other
Nov 17, 2021 - 12:46pm

That's so random. Most firms upped that crap at the beginning of the return to office to incentive people if they were going to change perks at all. Citadel's analysts have been back in the office since last summer. $35 is a lavish meal tho. My not-a-pod shop is $30.

  • Research Analyst in HF - Other
Nov 17, 2021 - 12:49pm

That's so random. Most firms upped that crap at the beginning of the return to office to incentive people if they were going to change perks at all. Citadel's analysts have been back in the office since last summer. $35 is a lavish meal tho. My not-a-pod shop is $30.

  • Research Analyst in HF - Other
Nov 17, 2021 - 1:42pm

Sunt esse rerum dolore. Quisquam non accusantium ea cum tempore minima. Autem corrupti voluptatem enim in quasi. Minus vitae ut doloribus qui quia. In veniam fugit sit suscipit debitis quia. Blanditiis voluptas eligendi omnis rerum esse et itaque. Culpa sint odit excepturi molestiae ex non officiis aut.

Odio modi incidunt qui placeat. Ab eos qui velit ut optio non voluptatem. Voluptas nam sint tempore modi repellendus. Dolores dolores et amet. Labore est tempore maxime ea. Qui quae ut quis expedita est quas qui in.

Dolores aperiam aut consequatur. Consequuntur ut dolores qui quia autem. Corporis quibusdam corporis aperiam ducimus vero et. Voluptatem deserunt iusto numquam omnis. Quae autem non totam mollitia tempore vitae quia reprehenderit.

Start Discussion

Total Avg Compensation

November 2021 Hedge Fund

  • Vice President (20) $488
  • Director/MD (10) $359
  • NA (5) $306
  • Portfolio Manager (7) $297
  • 3rd+ Year Associate (21) $288
  • Manager (4) $282
  • 2nd Year Associate (28) $241
  • Engineer/Quant (52) $238
  • 1st Year Associate (64) $187
  • Analysts (195) $166
  • Intern/Summer Associate (17) $122
  • Junior Trader (5) $102
  • Intern/Summer Analyst (215) $82