Non-compete for hedgefund

So friends,
Let's say I made a dumb decision and join a "(in)famous" hedge fund with 2 year non-compete written in my contract. Of course, at the time, the hiring manager told me that the length of the non-compete thing is a function of how much I know. And now 6 months later, I regret my decision... I am still on training (yup - despite all the experience I accumulated over the years). I have no experience with this kind of non-compete in my previous job? Do you guys have any experience to share on how you/hfs deal with it?

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 (14)

Feb 27, 2019 - 12:23am

Hey ntgn81, the following topics might be helpful:

I hope those threads give you a bit more insight.

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
Mar 20, 2019 - 10:22am

are you saying that you want to leave this firm now? or are you wondering about leaving some years down the road, and this is just a curiosity?

just google're welcome
May 13, 2019 - 8:03pm

Do most people who sign a two year non-compete quit without having anything lined up, and then interview a year or more into their non-compete? Or are there jobs willing to wait two years for someone to show up?

  • Research Analyst in HF - EquityHedge
Mar 15, 2021 - 11:32pm

I have interviewed people on 2 year NCs. If they are frustrated, they just quit their job , do something else (startup, mba, tech etc) and then 6 month to 1 year into their NCs expiring start hunting with hedge funds again. 

May 18, 2019 - 6:25pm

Esse fugiat cum voluptatem ipsum temporibus aliquid quidem molestiae. Sit cum minima eius cumque non recusandae voluptas. Nobis libero voluptatem recusandae expedita in totam. Aut blanditiis autem et quia perspiciatis non sunt.

Start Discussion

Total Avg Compensation

October 2021 Hedge Fund

  • Vice President (19) $498
  • Director/MD (10) $359
  • NA (5) $306
  • Portfolio Manager (7) $297
  • Manager (4) $282
  • 3rd+ Year Associate (19) $272
  • 2nd Year Associate (28) $241
  • Engineer/Quant (51) $237
  • 1st Year Associate (64) $187
  • Analysts (190) $167
  • Intern/Summer Associate (16) $122
  • Junior Trader (5) $102
  • Intern/Summer Analyst (213) $82