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
97.2%
D.E. Shaw
94.4%
Bridgewater Associates
91.7%
Citadel Investment Group
88.9%
Putnam Investments
86.1%
Moore Capital Management
83.3%
Two Sigma Investments
80.6%
Brandes Investment Partners
77.8%
QVT Financial LP
75.0%
HBK Capital Management
72.2%

Includes funds that have at least two interview submissions (36 hedge funds)

Best Interview Experience (1)
What fund has the best interview experience?
Firm
YoY Δ
Percentile
Citadel Investment Group
97.2%
Blackstone Group
94.4%
Putnam Investments
91.7%
Canyon Capital Advisors
88.9%
Silver Point Capital
86.1%
Grosvenor Capital Management
83.3%
Two Sigma Investments
80.6%
Brandes Investment Partners
77.8%
AllianceBernstein
75.0%
GSO Capital Partners
72.2%

Includes funds that have at least two interview submissions (36 hedge funds)

Prepare for Your Hedge Fund Interview

Professional Growth and Career Opportunities - 50 Hedge Funds

Overall Employee Satisfaction (1)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
96.0%
Moore Capital Management
94.0%
The Tudor Group
92.0%
Bridgewater Associates
90.0%
Two Sigma Investments
88.0%
Carlson Capital
86.0%
Highland Capital Management
84.0%
Ellington Management Group
82.0%
Grosvenor Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (50 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
96.0%
Bridgewater Associates
94.0%
D.E. Shaw
92.0%
AllianceBernstein
90.0%
Carlson Capital
88.0%
The Tudor Group
86.0%
Two Sigma Investments
84.0%
Moore Capital Management
82.0%
Citadel Investment Group
80.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (50 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
96.0%
Highland Capital Management
94.0%
Carlson Capital
92.0%
Bridgewater Associates
90.0%
Citadel Investment Group
88.0%
Magnitude Capital, LLC
86.0%
Ellington Management Group
84.0%
The Tudor Group
82.0%
Moore Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (50 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 - 50 Hedge Funds

Feedback (1)
Feedback <sup>(1)</sup>
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
AllianceBernstein
96.0%
Bridgewater Associates
94.0%
Grosvenor Capital Management
92.0%
Carlson Capital
90.0%
D.E. Shaw
88.0%
Two Sigma Investments
86.0%
Moore Capital Management
84.0%
Ellington Management Group
82.0%
Highland Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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
96.0%
Grosvenor Capital Management
94.0%
The Tudor Group
92.0%
D.E. Shaw
90.0%
Highland Capital Management
88.0%
Ellington Management Group
86.0%
Carlson Capital
84.0%
Magnitude Capital, LLC
82.0%
Moore Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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%
D.E. Shaw
96.0%
Bridgewater Associates
94.0%
Highland Capital Management
92.0%
Ellington Management Group
90.0%
Carlson Capital
88.0%
The Tudor Group
86.0%
Moore Capital Management
84.0%
Two Sigma Investments
82.0%
Magnitude Capital, LLC
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Compensation - 50 Hedge Funds

Best Pay (1)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
96.0%
Moore Capital Management
94.0%
Bridgewater Associates
92.0%
Grosvenor Capital Management
90.0%
Magnitude Capital, LLC
88.0%
Carlson Capital
86.0%
Citadel Investment Group
84.0%
Highland Capital Management
82.0%
The Tudor Group
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Senior Management - 50 Hedge Funds

Best Communication (1)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Blackstone Group
98.0%
D.E. Shaw
96.0%
Grosvenor Capital Management
94.0%
AllianceBernstein
92.0%
The Tudor Group
90.0%
Magnitude Capital, LLC
88.0%
Highland Capital Management
86.0%
Bridgewater Associates
84.0%
Two Sigma Investments
82.0%
Ellington Management Group
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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%
Grosvenor Capital Management
96.0%
Highland Capital Management
94.0%
D.E. Shaw
92.0%
The Tudor Group
90.0%
AllianceBernstein
88.0%
Magnitude Capital, LLC
86.0%
Point72
84.0%
Moore Capital Management
82.0%
Kayne Anderson Capital Advisors
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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
96.0%
The Tudor Group
94.0%
Grosvenor Capital Management
92.0%
Moore Capital Management
90.0%
Bridgewater Associates
88.0%
Highland Capital Management
86.0%
Carlson Capital
84.0%
Ellington Management Group
82.0%
Two Sigma Investments
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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
96.0%
Moore Capital Management
94.0%
Carlson Capital
92.0%
Grosvenor Capital Management
90.0%
The Tudor Group
88.0%
Highland Capital Management
86.0%
AllianceBernstein
84.0%
Bridgewater Associates
82.0%
Citadel Investment Group
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Reputation - 50 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
96.0%
D.E. Shaw
94.0%
Moore Capital Management
92.0%
Bridgewater Associates
90.0%
Highland Capital Management
88.0%
The Tudor Group
86.0%
Grosvenor Capital Management
84.0%
AllianceBernstein
82.0%
Magnitude Capital, LLC
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Life Style - 50 Hedge Funds

Time Off (1)
Management support for needed time off?
Firm
YoY Δ
Percentile
AllianceBernstein
98.0%
Bridgewater Associates
96.0%
Blackstone Group
94.0%
Moore Capital Management
92.0%
D.E. Shaw
90.0%
Magnitude Capital, LLC
88.0%
Ellington Management Group
86.0%
Point72
84.0%
Grosvenor Capital Management
82.0%
The Tudor Group
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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
96.0%
Moore Capital Management
94.0%
Two Sigma Investments
92.0%
D.E. Shaw
90.0%
Bridgewater Associates
88.0%
Ellington Management Group
86.0%
Grosvenor Capital Management
84.0%
Point72
82.0%
Highland Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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%
QVT Financial LP
96.0%
Barnegat Fund Management
94.0%
Third Point LLC
92.0%
Investcorp Investment Advisers
90.0%
Columbia Partners Investment Management
88.0%
Ares Management Corporation
86.0%
West Side Advisors
84.0%
INVESCO Asset Management
82.0%
Striker Capital Management
80.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (50 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
Millennium Partners
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
UBP Asset Management
60.0
GSO Capital Partners
60.0
Oaktree Capital Management
60.0
HBK Capital Management
60.0
Ellington Management Group
60.0
Strategic Value Partners
58.3
Och-Ziff Capital Management Group
58.3
GoldenTree Asset Management
58.3
Point72
57.5
Scottwood Capital Management
57.5
Highbridge Capital Management
56.4
AllianceBernstein
55.0
Brandes Investment Partners
55.0

Includes funds that have at least three or more submissions (45 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.