For all the experienced hedge fund analysts out there, what was your experience like regarding moving from one hedge fund to another in terms of the interview process? Haven't seen much content on WSO regarding the topic.
As some background I did 1 year in ibanking and have 2 years of HF experience as a sector analyst (covering multiple sectors) and spend a lot of my time on idea generation and have what I think is a solid track record given my experience/age. Not actively looking for a new fund but staying opportunistic and want to be prepared if a great opportunity came along.
The only hedge fund interview I've had was when I was in investment banking interviewing for my current hedge fund and other funds. However, I'm guessing the questions you'll get as an experienced analyst are completely different versus when you are trying to break in to the hedge fund world.
Specifically, what questions did you all get as an experienced HF analyst? Does the PM focus on walking through your investment rationale and ideas you've contributed as an analyst? Did you get a modeling test (or is that not relevant for an experienced analyst)? Case study? Were you expected to pitch ideas outside your coverage universe/current fund holdings?
I imagine that you are spending most of the interview discussing how you think as an investor and the ideas you've contributed to your current/past funds - is that a fair assumption?
I greatly appreciate any commentary/help!
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