Hedge Fund Company Statistics - As of December, 2013

These statistics are based solely on all user submissions to the WSO Company Database for employment through December, 2013. Each company is given an adjusted score using Bayesian estimates, which takes into account the number of reviews for a particular company. For more details, please see the Methodology FAQ below.
Hardest Interviews (1)
What fund has the hardest interview?
Firm
YoY Δ
Percentile
Blackstone Group
97.1%
D.E. Shaw
94.1%
Bridgewater Associates
91.2%
Citadel Investment Group
88.2%
Putnam Investments
85.3%
Moore Capital Management
82.4%
Two Sigma Investments
79.4%
Brandes Investment Partners
76.5%
QVT Financial LP
73.5%
HBK Capital Management
70.6%

Includes funds that have at least two interview submissions (34 hedge funds)

Best Interview Experience (1)
What fund has the best interview experience?
Firm
YoY Δ
Percentile
Citadel Investment Group
97.1%
Blackstone Group
94.1%
Putnam Investments
91.2%
Canyon Capital Advisors
88.2%
Silver Point Capital
85.3%
Grosvenor Capital Management
82.4%
Two Sigma Investments
79.4%
Brandes Investment Partners
76.5%
AllianceBernstein
73.5%
GSO Capital Partners
70.6%

Includes funds that have at least two interview submissions (34 hedge funds)

Prepare for Your Hedge Fund Interview

Professional Growth and Career Opportunities - 49 Hedge Funds

Overall Employee Satisfaction (1)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Two Sigma Investments
95.9%
D.E. Shaw
93.9%
Moore Capital Management
91.8%
The Tudor Group
89.8%
Bridgewater Associates
87.8%
Carlson Capital
85.7%
Highland Capital Management
83.7%
Ellington Management Group
81.6%
Grosvenor Capital Management
79.6%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Professional Growth Opportunities (1)
Your opportunities for professional growth?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Highland Capital Management
95.9%
Two Sigma Investments
93.9%
D.E. Shaw
91.8%
Bridgewater Associates
89.8%
AllianceBernstein
87.8%
Carlson Capital
85.7%
The Tudor Group
83.7%
Moore Capital Management
81.6%
Citadel Investment Group
79.6%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Career Advancement Opportunities (1)
Your opportunities for career advancement?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
95.9%
Highland Capital Management
93.9%
Two Sigma Investments
91.8%
Carlson Capital
89.8%
Bridgewater Associates
87.8%
Magnitude Capital, LLC
85.7%
The Tudor Group
83.7%
Ellington Management Group
81.6%
Citadel Investment Group
79.6%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Intern Offer Rates (1)
Average percentage of interns receiving full time offers
Firm
YoY Δ
Percentile
Blackstone Group
75.0%
Balyasny Asset Management
70.0%
Bridgewater Associates
20.0%
Ares Management Corporation
10.0%
Moore Capital Management
10.0%
Putnam Investments
10.0%

Includes funds that have at least one intern offer rate submission (6 hedge funds)

Company Specific Salary and Bonus Data Available

Promotions and Fairness - 49 Hedge Funds

Feedback (1)
Feedback <sup>(1)</sup>
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
AllianceBernstein
95.9%
Bridgewater Associates
93.9%
Grosvenor Capital Management
91.8%
Two Sigma Investments
89.8%
Carlson Capital
87.8%
D.E. Shaw
85.7%
Moore Capital Management
83.7%
Ellington Management Group
81.6%
Highland Capital Management
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Best Recognition (1)
Recognition and praise you receive when you do a good job?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
AllianceBernstein
95.9%
Grosvenor Capital Management
93.9%
The Tudor Group
91.8%
D.E. Shaw
89.8%
Highland Capital Management
87.8%
Carlson Capital
85.7%
Ellington Management Group
83.7%
Magnitude Capital, LLC
81.6%
Moore Capital Management
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Most Fair (1)
Fairness in how promotions are given and people are treated?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Bridgewater Associates
95.9%
D.E. Shaw
93.9%
Highland Capital Management
91.8%
Two Sigma Investments
89.8%
Carlson Capital
87.8%
Ellington Management Group
85.7%
The Tudor Group
83.7%
Moore Capital Management
81.6%
Magnitude Capital, LLC
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Compensation - 49 Hedge Funds

Best Pay (1)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Two Sigma Investments
95.9%
Moore Capital Management
93.9%
D.E. Shaw
91.8%
Bridgewater Associates
89.8%
Grosvenor Capital Management
87.8%
Magnitude Capital, LLC
85.7%
The Tudor Group
83.7%
Citadel Investment Group
81.6%
Highland Capital Management
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Senior Management - 49 Hedge Funds

Best Communication (1)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
95.9%
Two Sigma Investments
93.9%
Grosvenor Capital Management
91.8%
AllianceBernstein
89.8%
Magnitude Capital, LLC
87.8%
Highland Capital Management
85.7%
The Tudor Group
83.7%
Bridgewater Associates
81.6%
Ellington Management Group
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Best Teamwork (1)
Information and knowledge sharing withing company?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Highland Capital Management
95.9%
Grosvenor Capital Management
93.9%
D.E. Shaw
91.8%
The Tudor Group
89.8%
AllianceBernstein
87.8%
Magnitude Capital, LLC
85.7%
Point72
83.7%
Moore Capital Management
81.6%
Two Sigma Investments
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Best Leadership (1)
Leadership abilities of senior management?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
95.9%
Grosvenor Capital Management
93.9%
The Tudor Group
91.8%
Two Sigma Investments
89.8%
Moore Capital Management
87.8%
Bridgewater Associates
85.7%
Carlson Capital
83.7%
Ellington Management Group
81.6%
Highland Capital Management
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Competence (1)
Competence of senior management?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
95.9%
Moore Capital Management
93.9%
Carlson Capital
91.8%
Grosvenor Capital Management
89.8%
The Tudor Group
87.8%
Highland Capital Management
85.7%
AllianceBernstein
83.7%
Bridgewater Associates
81.6%
Two Sigma Investments
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Reputation - 49 Hedge Funds

Proudest Employees (1)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
Two Sigma Investments
95.9%
D.E. Shaw
93.9%
Bridgewater Associates
91.8%
Moore Capital Management
89.8%
Highland Capital Management
87.8%
Grosvenor Capital Management
85.7%
The Tudor Group
83.7%
AllianceBernstein
81.6%
Carlson Capital
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Life Style - 49 Hedge Funds

Time Off (1)
Management support for needed time off?
Firm
YoY Δ
Percentile
AllianceBernstein
98.0%
Bridgewater Associates
95.9%
Blackstone Group
93.9%
Two Sigma Investments
91.8%
D.E. Shaw
89.8%
Moore Capital Management
87.8%
Ellington Management Group
85.7%
Grosvenor Capital Management
83.7%
Magnitude Capital, LLC
81.6%
Point72
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Best Work/Life Balance (1)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
AllianceBernstein
98.0%
Blackstone Group
95.9%
Two Sigma Investments
93.9%
Moore Capital Management
91.8%
Bridgewater Associates
89.8%
D.E. Shaw
87.8%
Grosvenor Capital Management
85.7%
Ellington Management Group
83.7%
Point72
81.6%
Magnitude Capital, LLC
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Worst Work/Life Balance (1)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
Renaissance Capital
98.0%
Third Point LLC
95.9%
Columbia Partners Investment Management
93.9%
QVT Financial LP
91.8%
Barnegat Fund Management
89.8%
Ares Management Corporation
87.8%
Striker Capital Management
85.7%
Putnam Investments
83.7%
Millstein and Co
81.6%
Soros Fund Management
79.6%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (49 total firms). See Methodology FAQ below for more information.

Most Average Hours Worked (1)
How many hours do you work an average?
Firm
YoY Δ
Percentile
Blackstone Group
77.0
Renaissance Capital
75.7
Kayne Anderson Capital Advisors
72.5
BP Capital Management
72.5
Citadel Investment Group
66.1
Loeb Capital Management
65.0
Ares Management Corporation
65.0
B. Riley & Co.
65.0
Pictet Funds (Europe) S.A.
65.0
Arden Asset Management
65.0
Highland Capital Management
65.0
Soros Fund Management
63.0
Putnam Investments
63.0
Bridgewater Associates
62.5
The Tudor Group
62.1
AQR Capital Management
61.7
Ellington Management Group
60.0
UBP Asset Management
60.0
GSO Capital Partners
60.0
Oaktree Capital Management
60.0
HBK Capital Management
60.0
Och-Ziff Capital Management Group
58.3
GoldenTree Asset Management
58.3
Strategic Value Partners
57.5
Point72
57.5
Scottwood Capital Management
57.5
Highbridge Capital Management
56.4
AllianceBernstein
55.0
Brandes Investment Partners
55.0
3-Sigma Value Investment Management
55.0

Includes funds that have at least three or more submissions (44 hedge funds)

Company Specific Salary and Bonus Data Available

Methodology FAQ

How often is this data updated?
The rankings are constantly changing and evolving based on additional data we collect every day. The graphs and tables use the data from YTD and the prior 2 years. See tabs located above on this page to access previous year rankings.
Why do the average compensation numbers look so low?
Remember that the compensation you are accustomed to hearing for top performers in the top groups in New York is well above the average for cities around the world. The compensation average graphs are a global average which includes regional cities and groups that bring the average down. If you would like company and group specific compensation data, please visit the WSO Company Database.
Where does this data come from?
The compensation, review and interview data comes from WSO member submissions to the WSO Company Database. With over 50,000 submissions to date across thousands of companies, the database is solely a representation of what our members were paid and how they rank companies on various metrics. Please see below for a detailed breakdown of the member statistics for those that have contributed to the database.
What are the percentile rankings based on?
The percentile rankings of companies listed here are based on the current YTD and the prior two years of data for companies that received at least one vote. The simple average scores are converted into an Adjusted Score before the companies are ranked to take into account companies with a smaller sample size. This method uses Bayesian Statistics.
Why do you use Bayesian Statistics to adjust scores?
This methodology is used in order to account for standard deviation in rankings. As a company gets more rankings and data, we have more confidence that the average ranking is a true reflection of reality, so this is reflected in the adjusted scores and Percentile rankings. Learn more about Bayesian Statistics here.
Why don't I see company XYZ?
Some great smaller firms may not be represented in the rankings for the simple reason that we have not collected enough data to represent them accurately or for us to have enough data to display them at all.
What is the geographical representation of the submissions?
The WSO user base is very US-centric with approximately 70% of all submissions coming within the United States of America. Please see the detailed breakdown of the member statistics for those that have contributed to the database. For more company and city specific compensation, please visit the WSO Company Database.