Protege Partners - Anyone have info on the firm?

Fund of funds in NY. Anyone have a take on them? I did a search and a few topics came up, but they were a little old and I wondered if anyone knew something more up to date.

11 Comments
 

Another fund-of-funds that buys stakes in management cos. is Skybridge-pretty interesting concept.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 
Best Response
tds2006What kind of technicals (or other stuff) should I expect in an interview?
Before I answer that, I want to make sure you understand that working at a hedge FOF is not going to be the same as working at a hedge fund. There is one huge difference, which has an effect on the day to day work of an analyst/associate: Analysts at hedge funds analyze companies and invest in those they deem most attractive while analysts at hedge FOFs analyze other hedge funds and invest in those they deem most attractive.

In terms of technicals, I would be prepared to answer anything you might see in an IB interview: Walk me through the statements and their connections, pitch me a stock, explain DCF, If I change inventory how does that flow through to the statements.... If they expect you be able to evaluate other HFs, you should be able to understand what these PMs are telling you when they explain their books.

In addition to that, I would be prepared to discuss things in the context of the portfolio as a whole. Talk about things such as managing risk through hedging, the total exposure of the portfolio (net/gross), etc

Not sure what your background is, so rather than continuing to lecture you on something you may already know about... you can PM me if there's anything else you want to know.

 

Brush up on how investment managers are evaluated-Sharpe ratio, max drawdown, correlation, etc.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

I think these guys may be a hedge fund seeding organization so I am not sure what type of role a firm like this might offer. If my description is correct, you may help them with identifying talented people to seed or assist with portfolio monitoring and oversight (risk management). It would definitely offer an entre into hedge funds but I still believe that IB training is among the best available for a recent college grad. You will always have a chance to go back to a hedge fund following your analyst program.

 

hf_guy had it right, Protege is a FoHF. as for how it compares vs IBD career-wise I have no idea. probably depends on what you would be doing there

 

Adipisci aliquam ex porro et illo cupiditate velit in. Ut consequatur eius laboriosam qui ut. Ipsum quam officia atque beatae id vel possimus.

Molestias iusto consectetur quis nihil. Fugiat voluptatem rem enim eaque consequatur et. Quis praesentium est quis labore. Autem ut nesciunt quidem nisi. Sit odio et accusantium id ducimus exercitationem corrupti.

Et ipsum quo quia et culpa distinctio. Dolor qui officia atque consectetur commodi quis. Reiciendis aspernatur a ducimus ea laboriosam iure. Magnam ducimus officiis molestiae quaerat perferendis fugiat.

Cumque sunt earum dolor et culpa aut. Similique omnis aut ut similique quis. Et dolorum accusamus aut consequatur aut excepturi possimus.

Career Advancement Opportunities

June 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.1%
  • Citadel Investment Group 97.1%
  • AQR Capital Management 96.2%
  • Magnetar Capital 95.2%

Overall Employee Satisfaction

June 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • Millennium Partners 98.1%
  • D.E. Shaw 97.1%
  • Blackstone Group 96.1%
  • Citadel Investment Group 95.1%

Professional Growth Opportunities

June 2026 Hedge Fund

  • AQR Capital Management 99.1%
  • Point72 98.1%
  • D.E. Shaw 97.2%
  • Citadel Investment Group 96.2%
  • Magnetar Capital 95.3%

Total Avg Compensation

June 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (12) $423
  • NA (9) $320
  • Engineer/Quant (86) $288
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $192
  • Analysts (240) $181
  • Intern/Summer Associate (28) $146
  • Junior Trader (5) $102
  • Intern/Summer Analyst (282) $96
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”