Hedge Fund Company Statistics - As of December, 2018

These statistics are based solely on all user submissions to the WSO Company Database for employment through December, 2018. 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
98.4%
Oaktree Capital Management
96.8%
D.E. Shaw
95.2%
Bridgewater Associates
93.7%
AQR Capital Management
92.1%
Citadel Investment Group
90.5%
Scopia Capital Management LLC
88.9%
Squarepoint Capital
87.3%
Two Sigma Investments
85.7%
Ruane Cunniff & Goldfarb
84.1%

Includes funds that have at least two interview submissions (63 hedge funds)

Best Interview Experience (1)
What fund has the best interview experience?
Firm
YoY Δ
Percentile
Point72
98.4%
Ruane Cunniff & Goldfarb
96.8%
D.E. Shaw
95.2%
GSO Capital Partners
93.7%
Two Sigma Investments
92.1%
AQR Capital Management
90.5%
Putnam Investments
88.9%
Grosvenor Capital Management
87.3%
Citadel Investment Group
85.7%
Blackstone Group
84.1%

Includes funds that have at least two interview submissions (63 hedge funds)

Prepare for Your Hedge Fund Interview

Professional Growth and Career Opportunities - 83 Hedge Funds

Overall Employee Satisfaction (1)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Two Sigma Investments
98.8%
D.E. Shaw
97.6%
Blackstone Group
96.4%
Point72
95.2%
Citadel Investment Group
94.0%
AQR Capital Management
92.8%
Farallon Capital Management
91.6%
Moore Capital Management
90.4%
Bridgewater Associates
89.2%
Balyasny Asset Management
88.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Professional Growth Opportunities (1)
Your opportunities for professional growth?
Firm
YoY Δ
Percentile
Point72
98.8%
Two Sigma Investments
97.6%
AQR Capital Management
96.4%
D.E. Shaw
95.2%
Citadel Investment Group
94.0%
Blackstone Group
92.8%
Bridgewater Associates
91.6%
Balyasny Asset Management
90.4%
Highland Capital Management
89.2%
Farallon Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Career Advancement Opportunities (1)
Your opportunities for career advancement?
Firm
YoY Δ
Percentile
Point72
98.8%
Two Sigma Investments
97.6%
D.E. Shaw
96.4%
Citadel Investment Group
95.2%
AQR Capital Management
94.0%
Bridgewater Associates
92.8%
Blackstone Group
91.6%
Balyasny Asset Management
90.4%
Marathon Asset Management
89.2%
Farallon Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (83 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
Man Group
100.0%
Blackstone Group
75.0%
Balyasny Asset Management
70.0%
AQR Capital Management
66.7%
Morgan Stanley Fund Services
60.0%
Point72
58.3%
Citadel Investment Group
56.7%
Vega Asset Management
50.0%
Grosvenor Capital Management
50.0%
Crestline Investors, Inc.
50.0%
D.E. Shaw
40.0%
Bridgewater Associates
38.0%
Putnam Investments
10.0%
Magnitude Capital, LLC
10.0%
The Tudor Group
10.0%
Moore Capital Management
10.0%
xlp capital
10.0%
Ares Management Corporation
10.0%
Highland Capital Management
6.7%

Includes funds that have at least one intern offer rate submission (19 hedge funds)

Company Specific Salary and Bonus Data Available

Promotions and Fairness - 83 Hedge Funds

Feedback (1)
Feedback <sup>(1)</sup>
Firm
YoY Δ
Percentile
Bridgewater Associates
98.8%
Point72
97.6%
AQR Capital Management
96.4%
Two Sigma Investments
95.2%
Citadel Investment Group
94.0%
Blackstone Group
92.8%
Farallon Capital Management
91.6%
D.E. Shaw
90.4%
Balyasny Asset Management
89.2%
AllianceBernstein
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 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
98.8%
Point72
97.6%
Two Sigma Investments
96.4%
Citadel Investment Group
95.2%
Farallon Capital Management
94.0%
AQR Capital Management
92.8%
D.E. Shaw
91.6%
Balyasny Asset Management
90.4%
AllianceBernstein
89.2%
Bridgewater Associates
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 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
Two Sigma Investments
98.8%
Point72
97.6%
D.E. Shaw
96.4%
Citadel Investment Group
95.2%
Blackstone Group
94.0%
Farallon Capital Management
92.8%
Bridgewater Associates
91.6%
AQR Capital Management
90.4%
Balyasny Asset Management
89.2%
Moore Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Compensation - 83 Hedge Funds

Best Pay (1)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.8%
D.E. Shaw
97.6%
Point72
96.4%
Blackstone Group
95.2%
Bridgewater Associates
94.0%
Two Sigma Investments
92.8%
Millennium Partners
91.6%
Moore Capital Management
90.4%
Balyasny Asset Management
89.2%
AQR Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Senior Management - 83 Hedge Funds

Best Communication (1)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Two Sigma Investments
98.8%
D.E. Shaw
97.6%
Blackstone Group
96.4%
Bridgewater Associates
95.2%
Point72
94.0%
Farallon Capital Management
92.8%
AQR Capital Management
91.6%
Citadel Investment Group
90.4%
AllianceBernstein
89.2%
Highland Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Best Teamwork (1)
Information and knowledge sharing withing company?
Firm
YoY Δ
Percentile
Blackstone Group
98.8%
Point72
97.6%
AQR Capital Management
96.4%
Two Sigma Investments
95.2%
Farallon Capital Management
94.0%
D.E. Shaw
92.8%
Balyasny Asset Management
91.6%
Citadel Investment Group
90.4%
Bridgewater Associates
89.2%
Highland Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Best Leadership (1)
Leadership abilities of senior management?
Firm
YoY Δ
Percentile
Two Sigma Investments
98.8%
Blackstone Group
97.6%
D.E. Shaw
96.4%
Citadel Investment Group
95.2%
Point72
94.0%
Farallon Capital Management
92.8%
AQR Capital Management
91.6%
Bridgewater Associates
90.4%
Balyasny Asset Management
89.2%
Millennium Partners
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Competence (1)
Competence of senior management?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.8%
D.E. Shaw
97.6%
Point72
96.4%
Blackstone Group
95.2%
Two Sigma Investments
94.0%
Bridgewater Associates
92.8%
AQR Capital Management
91.6%
Moore Capital Management
90.4%
Balyasny Asset Management
89.2%
Farallon Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Reputation - 83 Hedge Funds

Proudest Employees (1)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Two Sigma Investments
98.8%
Citadel Investment Group
97.6%
Blackstone Group
96.4%
D.E. Shaw
95.2%
Point72
94.0%
Bridgewater Associates
92.8%
AQR Capital Management
91.6%
Moore Capital Management
90.4%
Balyasny Asset Management
89.2%
Farallon Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Life Style - 83 Hedge Funds

Time Off (1)
Management support for needed time off?
Firm
YoY Δ
Percentile
Citadel Investment Group
98.8%
AQR Capital Management
97.6%
Two Sigma Investments
96.4%
Point72
95.2%
Bridgewater Associates
94.0%
D.E. Shaw
92.8%
Worldquant
91.6%
AllianceBernstein
90.4%
Ellington Management Group
89.2%
Farallon Capital Management
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 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
Two Sigma Investments
98.8%
Point72
97.6%
D.E. Shaw
96.4%
AQR Capital Management
95.2%
Blackstone Group
94.0%
AllianceBernstein
92.8%
Balyasny Asset Management
91.6%
Farallon Capital Management
90.4%
Moore Capital Management
89.2%
Bridgewater Associates
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 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
98.8%
Arena Investors LP
97.6%
Bridgewater Associates LP
96.4%
Yakira Capital Management
95.2%
Columbia Partners Investment Management
94.0%
Investcorp Investment Advisers
92.8%
QVT Financial LP
91.6%
Barnegat Fund Management
90.4%
Third Point LLC
89.2%
Ares Management Corporation
88.0%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (83 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
1209 Capital Partners
87.5
Cohen & Steers Capital Management
77.5
Renaissance Capital
75.7
Element Capital Management
75.0
Oak Hill Advisors
75.0
Blackstone Group
73.4
Kayne Anderson Capital Advisors
72.5
BP Capital Management
72.5
Third Point LLC
71.7
HPS Investment Partners
70.0
Steel Partners Holdings
70.0
Taconic Capital
68.3
Pictet Funds (Europe) S.A.
65.0
Loeb Capital Management
65.0
Angelo Gordon & Co
65.0
Coatue Management
65.0
Elliott Management Corporation
65.0
B. Riley & Co.
65.0
Criterion Capital Management
65.0
Kynikos Associates
65.0
King Street Capital Management
65.0
Putnam Investments
63.0
Highland Capital Management
62.8
Oaktree Capital Management
62.7
Citadel Investment Group
61.9
Man Group
61.9
Point72
61.8
Millennium Partners
61.5
The Tudor Group
61.3
Ares Management Corporation
60.0

Includes funds that have at least three or more submissions (91 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.