Resume Review: Equity Research to Hedge Fund

I've been a research associate for quite some time, like 3 years in a hot sector. I am ready to move to the buy side but I wanted to know how and what I should be emphasizing on my resume. Without sounding like I'm a showoff, I will say that I have been recognized internally as a top performer and it is widely known among the salesforce and the management of my department. The question I have here is, how do I make that clear on my resume while highlighting the fact that I am also pretty good at everything else without having more than six bullets in my research experience section.

So, to some HFers, is it interesting/good to have accolades like "ranked top 3 in entire department" or would you rather just see my core modeling skills since the HF will be focused on those rather than my ability to compete with my peers at the firm I'm at? Any advice of this would be great...

 
Best Response

The fact that this thread is not attracting much interest is shocking to me because to me Equity Research gives people some serious optionality to breaking into a hedge fund in a couple of ways: 1) it is public market driven (most IBD deals work off of non-public information, making the modeling and information interpretation process completely different); 2) you have a strong understanding in a specific sector which most funds will place you... so say you are TMT, you will be placed in a TMT sector role to trade the equities or converts in... you have a leg up advantage; 3) you can CHOOSE if you want to be an aggressive financial modeler or not... take courses at night, build LBOs for fun, build models from scratch, etc... and finally 4) you are directly engaging with people that will be your future employers.... That last one is a big one and in most IBD analyst/associate roles you dont get most of that other than the modeling (maybe) and maybe a coverage group... So overall, im surprised that ER to HF is not talked about more often or pursued as a career path.

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If those are your clients and you work a "hot" sector you should take them out for drinks and "soft" hit them up for a job if you are as good as you say you are. All of the pod shops are hiring right now, recruiters are bombing linkedin messages like crazy, shouldn't be that hard. You shouldn't be worrying about your resume because if you're a great associate, you should already know your clients. Its time to lean on your network. Thats the whole point of starting on the sell side.

If you aren't ready to move just yet, take your clients out to drinks yourself and make a personal connection outside of them calling you or your analyst. Think of yourself as an intelligent equity sales person, it will help you make more connections.

 

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