Hedge Fund Company Statistics - As of December, 2016

These statistics are based solely on all user submissions to the WSO Company Database for employment through December, 2016. 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
98.3%
D.E. Shaw
96.6%
Bridgewater Associates
94.8%
AQR Capital Management
93.1%
Citadel Investment Group
91.4%
PDT Partners
89.7%
Oaktree Capital Management
87.9%
Ruane Cunniff & Goldfarb
86.2%
Putnam Investments
84.5%
Point72
82.8%

Includes funds that have at least two interview submissions (58 hedge funds)

Best Interview Experience (1)
What fund has the best interview experience?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.3%
GSO Capital Partners
96.6%
Putnam Investments
94.8%
Grosvenor Capital Management
93.1%
Point72
91.4%
Ruane Cunniff & Goldfarb
89.7%
AQR Capital Management
87.9%
Blackstone Group
86.2%
Canyon Capital Advisors
84.5%
Silver Point Capital
82.8%

Includes funds that have at least two interview submissions (58 hedge funds)

Prepare for Your Hedge Fund Interview

Professional Growth and Career Opportunities - 56 Hedge Funds

Overall Employee Satisfaction (1)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
D.E. Shaw
96.4%
Two Sigma Investments
94.6%
Citadel Investment Group
92.9%
Moore Capital Management
91.1%
Marathon Asset Management
89.3%
Bridgewater Associates
87.5%
Worldquant
85.7%
The Tudor Group
83.9%
AQR Capital Management
82.1%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Professional Growth Opportunities (1)
Your opportunities for professional growth?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
Citadel Investment Group
96.4%
D.E. Shaw
94.6%
Bridgewater Associates
92.9%
Marathon Asset Management
91.1%
Two Sigma Investments
89.3%
Highland Capital Management
87.5%
Moore Capital Management
85.7%
AQR Capital Management
83.9%
Ellington Management Group
82.1%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Career Advancement Opportunities (1)
Your opportunities for career advancement?
Firm
YoY Δ
Percentile
D.E. Shaw
98.2%
Blackstone Group
96.4%
Citadel Investment Group
94.6%
Marathon Asset Management
92.9%
Two Sigma Investments
91.1%
Bridgewater Associates
89.3%
Highland Capital Management
87.5%
Worldquant
85.7%
AQR Capital Management
83.9%
Ellington Management Group
82.1%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (56 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%
Vega Asset Management
50.0%
Grosvenor Capital Management
50.0%
Bridgewater Associates
30.0%
Ares Management Corporation
10.0%
Moore Capital Management
10.0%
Putnam Investments
10.0%
Magnitude Capital, LLC
10.0%
The Tudor Group
10.0%

Includes funds that have at least one intern offer rate submission (10 hedge funds)

Company Specific Salary and Bonus Data Available

Promotions and Fairness - 56 Hedge Funds

Feedback (1)
Feedback <sup>(1)</sup>
Firm
YoY Δ
Percentile
Bridgewater Associates
98.2%
Citadel Investment Group
96.4%
Blackstone Group
94.6%
AllianceBernstein
92.9%
D.E. Shaw
91.1%
Two Sigma Investments
89.3%
Ellington Management Group
87.5%
Grosvenor Capital Management
85.7%
Marathon Asset Management
83.9%
AQR Capital Management
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 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
98.2%
AllianceBernstein
96.4%
Citadel Investment Group
94.6%
D.E. Shaw
92.9%
Marathon Asset Management
91.1%
Grosvenor Capital Management
89.3%
Worldquant
87.5%
Ellington Management Group
85.7%
Pacific Alternative Asset Management Company
83.9%
The Tudor Group
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 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
D.E. Shaw
98.2%
Blackstone Group
96.4%
Citadel Investment Group
94.6%
Bridgewater Associates
92.9%
Ellington Management Group
91.1%
Moore Capital Management
89.3%
Highland Capital Management
87.5%
Two Sigma Investments
85.7%
Marathon Asset Management
83.9%
Worldquant
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Compensation - 56 Hedge Funds

Best Pay (1)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.2%
Blackstone Group
96.4%
D.E. Shaw
94.6%
Bridgewater Associates
92.9%
Moore Capital Management
91.1%
AQR Capital Management
89.3%
Two Sigma Investments
87.5%
Grosvenor Capital Management
85.7%
Magnitude Capital, LLC
83.9%
Balyasny Asset Management
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Senior Management - 56 Hedge Funds

Best Communication (1)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
D.E. Shaw
96.4%
Citadel Investment Group
94.6%
Two Sigma Investments
92.9%
Bridgewater Associates
91.1%
Worldquant
89.3%
Marathon Asset Management
87.5%
Pacific Alternative Asset Management Company
85.7%
Grosvenor Capital Management
83.9%
AllianceBernstein
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Best Teamwork (1)
Information and knowledge sharing withing company?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
Worldquant
96.4%
D.E. Shaw
94.6%
Citadel Investment Group
92.9%
Pacific Alternative Asset Management Company
91.1%
Grosvenor Capital Management
89.3%
Highland Capital Management
87.5%
Two Sigma Investments
85.7%
Moore Capital Management
83.9%
The Tudor Group
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Best Leadership (1)
Leadership abilities of senior management?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
D.E. Shaw
96.4%
Citadel Investment Group
94.6%
Two Sigma Investments
92.9%
Marathon Asset Management
91.1%
Moore Capital Management
89.3%
The Tudor Group
87.5%
Pacific Alternative Asset Management Company
85.7%
Grosvenor Capital Management
83.9%
Bridgewater Associates
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Competence (1)
Competence of senior management?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.2%
Blackstone Group
96.4%
D.E. Shaw
94.6%
Moore Capital Management
92.9%
Bridgewater Associates
91.1%
Marathon Asset Management
89.3%
Two Sigma Investments
87.5%
Carlson Capital
85.7%
Highland Capital Management
83.9%
The Tudor Group
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Reputation - 56 Hedge Funds

Proudest Employees (1)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Blackstone Group
98.2%
Citadel Investment Group
96.4%
D.E. Shaw
94.6%
Bridgewater Associates
92.9%
Two Sigma Investments
91.1%
Marathon Asset Management
89.3%
Moore Capital Management
87.5%
AQR Capital Management
85.7%
Worldquant
83.9%
Pacific Alternative Asset Management Company
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Life Style - 56 Hedge Funds

Time Off (1)
Management support for needed time off?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.2%
Bridgewater Associates
96.4%
AllianceBernstein
94.6%
D.E. Shaw
92.9%
Worldquant
91.1%
Two Sigma Investments
89.3%
Moore Capital Management
87.5%
Ellington Management Group
85.7%
Blackstone Group
83.9%
Point72
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 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
98.2%
Blackstone Group
96.4%
Worldquant
94.6%
Two Sigma Investments
92.9%
D.E. Shaw
91.1%
Moore Capital Management
89.3%
Ellington Management Group
87.5%
Citadel Investment Group
85.7%
Grosvenor Capital Management
83.9%
Point72
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 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
98.2%
Barnegat Fund Management
96.4%
Third Point LLC
94.6%
QVT Financial LP
92.9%
Columbia Partners Investment Management
91.1%
Ares Management Corporation
89.3%
Striker Capital Management
87.5%
Putnam Investments
85.7%
Great Bay Energy
83.9%
INVESCO Asset Management
82.1%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (56 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
Man Group
82.5
Cohen & Steers Capital Management
77.5
Renaissance Capital
75.7
Blackstone Group
74.8
BP Capital Management
72.5
Kayne Anderson Capital Advisors
72.5
HPS Investment Partners
70.0
Taconic Capital
68.3
Angelo Gordon & Co
65.0
Coatue Management
65.0
Pictet Funds (Europe) S.A.
65.0
B. Riley & Co.
65.0
Loeb Capital Management
65.0
Kynikos Associates
65.0
Oaktree Capital Management
64.3
Canyon Capital Advisors
63.3
Citadel Investment Group
63.1
Highland Capital Management
63.0
Soros Fund Management
63.0
Putnam Investments
63.0
GoldenTree Asset Management
62.5
Ares Management Corporation
61.7
Blue Mountain Capital
61.7
The Tudor Group
61.3
Point72
61.3
Och-Ziff Capital Management Group
61.3
Bridgewater Associates
60.9
BlueCrest Capital Management
60.0
3-Sigma Value Investment Management
60.0
Worldquant
60.0

Includes funds that have at least three or more submissions (67 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.