So I recently went through the recruiting grind (currently 1st year) and ended up getting an offer at a large, multi-manager platform (think Millennium, Point72, BAM, etc.)
Although I am tempted to take it and end the process, I've always considered myself a long-term, value guy. Since it'd be incredibly risky to turn it down (don't have anything else in pipeline), I was wondering if anyone had experience with the process of transitioning to a single-PM/long-term value shop from a multi-manager fund?
I have a feeling I won't be able to stand the short-term focus of the MM shops, and know if I accept it I will try transitioning to a long-term value fund down the road. Any input would be appreciated!
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.