hedge funds

Hear them mentioned a decent number of times on the forum as a top SM, but don't know much about them. Culture/investment process, how does it compare relative to Tiger cubs or a soroban type place?

22 Dec 2022

Does anyone have a list or can name some LOs in NYC, would be hugely appreciated. Thanks!

30 Nov 2022

Obviously they are not as attractive seats vs. 2019/2020 with a high water mark, but are tiger/lone pine/D1/maverick still some great seats in the HF industry? Excluding Viking/coatue here because those two have not gotten hit nearly as hard. Downside is the reputational hit this year, but the...

22 Nov 2022

Hi all, I'm a second year college student and want to learn more about hedge funds and finance (maybe ib, trading, pe). Are you aware of any places or resources where I can learn in detail from professionals who've had experiences at some of the top funds? Reaching out to alums hasn't be that...

11 Nov 2022

Hi all, I have experience in short term trading (Casual trading) and have always been interested in the market and how daily trends effect them. However, I have no academic or professional experience in Finance (I have a BSc in Computer Science from a leading European college and currently work at...

01 Nov 2022

I've realized that the tech lifestyle is a little too slow for me, so I'm looking to make a switch to IB. Studied STEM in school so I don't have formal training in finance, but I learnt how to make DCFs and read SEC filings after going through Point72 Academy's interview process (dinged after case...

18 Sep 2022

I'm currently a student at a Canadian non-target doing an undergrad business degree. As it's pretty hard to get a good offer for NYC/Toronto/LA from my university, I was hoping to use my native fluency in Ukrainian and Russian (Polish is workable as well) and my Canadian education and citizenship to...

08 Sep 2022

As the title mentions - does anyone know and could please explain the different kind of jobs / functions and their background in hedge funds? The PMs is the most simple one to understand.

29 Jun 2022

I am a sophomore that just signed a 2023 Summer Analyst offer at a BB with high retention in the division that I wanted. I was (still technically am) double majoring in math/econ but now that I have my offer I'm tempted to go down to just one major. Ultimately I hope to spend some years Trading at...

26 Apr 2022

Hello Everyone, I'm just finishing my Master in Finance at ESSEC and I have experience as a Buy-Side Equity Analyst in an L/S Equity Fund pretty prestigious in Paris that got me interviews for the same positions at Rothschild/Lazard (in their equity funds) and in IB in ECM at Credit Suisse...

25 Apr 2022

A U.S.-based global insurance company (Company X) hired a new CEO who was serving as CEO of Company Y which he co-founded with Hedge Fund Z as a hedge fund reinsurer in his tax heaven hometown. According to public disclosures he no longer had any personal interest in Y when he joined X. But the same...

20 Apr 2022

I have the opportunity to meet with a variety of guys working at a hedge fund (analysts, investors, etc). What are some questions that I can ask to impress them while learning about their thought process and knowledge. These questions can be about specific stocks, technology, inflations, and...

19 Apr 2022

Currently a research+trading systems infrastructure engineer at a liquid long/short crypto fund. This question is for other new or emerging crypto fund managers (discretionary or systematic) who do not yet have an engineering team or tech talent on board to build out the research + trading system...

25 Mar 2022

I know the view is that the top tiger cubs are all buy and hold investors (who have shorts to offset) with 2-5 year views, but looking at 13Fs and in meetings you notice there is still a decent amount of focus on quarters and earnings. What is the view from your experiences with them? Or are some...

10 Mar 2022

To get the typical q's out of the way: Fund type - blue chip MM/MS Group - macro/commodities (commodities focused, won't be more specific for anonymity) YOE/TC - in 3rd year, comp was ~ analyst 3 BB ish year 1, associate 3 BB ish year two. Base + 150, 300% roughly. First really big base bump this...

30 Jan 2022

Two roads diverged in a wood, and I- I took the one less traveled by, And that has made all the difference. Robert Frost Title summarizes the road I've traveled… consultant → intelligence community/SEAL Teams/Special Operations → director of research at a well known hedge fund → tech...

06 Jan 2022

I know it's rare for an undergraduate to go straight to working at a hedge fund, but I'm super-motivated and already have hedge fund internship experience, certifications, and more. What I keep reading about are referrals. Are these absolutely required to win a full-time offer at a smaller/medium...

22 Jan 2022

Was wondering apart from threads on this site, are there any good online sources or books for better preparing to work in a market neutral LS pod shop? Like anything on how analysts identify long short pairs etc.

12 Jan 2022

Hello everyone I have a background in clinical research (I analyze clinical trials). I recently started my own biotech consulting company that has a small network of SMEs. I want to analyze pivotal clinical trials of publicly traded companies and sell the reports to hedge funds. The reports would...

04 Jan 2022

Hey guys, Looking for some advice here I go to a public target (UVA/Berkeley/Michigan/UTAustin) & I've secured a FT role from an upper mid-market bank in NYC (Jefferies/RBC/William Blair) doing IB. My goal is eventually jump into a L/S fundamental HF after my 1-2 year analyst stint and I've seen...

03 Jan 2022

As we have entered 2022, there is a mounting risk from the new Omicron variant. The pandemic can end in one of the two ways, either we achieve "zero Covid-19" or the disease becomes an ongoing part of the infectious diseases coterie. We believe societies will have to adapt to living alongside...

01 Jan 2022

Based on opinions expressed by people in this forum (and supported by what I have seen myself), the actively managed Long / Short Equity HF industry-as well as other HF sectors-is in a secular decline. (Fees are compressing as money is being pulled out, regulation/compliance keeps increasing, comp...

07 Nov 2021

Hello Fellow Monkeys, For some background, I've been a member of the WSO community for years. Wasn't always the most active poster but, like for many others, WSO served as an immensely helpful source of information for me throughout undergrad. Especially coming from a non-target school, with a...

29 Sep 2021

Hey guys, I've accepted the offer to work as a Credit Risk Analyst for Goldman Sachs in Warsaw after I graduate. I love investing and stocks and my direction is to work in asset management, perhaps work for a hedge fund and start my own investment fund as I accrue skills and knowledge. I can't see...

02 Oct 2021

Hi folks - I'm looking for an effective path to get into an L/S HF in LDN.As a background:living in Europenon-target MSc in Financeworked 1.5yrs as an analyst on a growth long-only fundworked 1.5yrs as an analyst on a small L/S growth HF (current)I'm considering moving to LDN and wondering what I...

27 Sep 2021

Recently been approached by Bluefin for a quant trader role and struggling to find much about them - seems like they have some good people there from what little I can find out so not sure whether they're strong but just secretive Anyone got any familiarity/insight into them and where they stand...

21 Sep 2021

Finance is so complicated, you gotta know stuff like Discount-Cash-Flow, EBITA, Mergers & Acquisitions, Buy-Side Sell-Side, Algorithms, graduate from Harvard, work 100 hours a week and etc/etc. Why dont ALL Investment Banks, Hedge Funds and Private Equity Firms just put ALL their money into Apple...

10 Sep 2021

Want to get everyone's thoughts on the pros and cons for working in a large MM (Millenium/Citadel/Balyasny) vs a much smaller MM hedge fund? Interested on the learning capability/comp/career progressions here

10 Sep 2021

What would be correct way to think of price and volume for a SaaS revenue build? The company I'm looking at is Tenable (TENB), a cybersecurity company. It doesn't report ASP, just revenue by product type, overall billings (doesn't segment into billing by product type), and only the average contract...

06 Sep 2021

Lets say an Investor gave $10 million to a hedge fund to trade stocks. After 9 months, those funds are now worth $15 million. The taxes owed are short-term capital gains taxes. But what I am confused about is; who pays these taxes? Is it the original investor because the funds are his? Is it the...

30 Aug 2021

What are some of the hardest technical questions that you've been asked in a hedge fund interview?

24 Aug 2021

I've heard this used in the following context: "How much is X company going to comp year over year?" What does this mean?

23 Aug 2021

A hedge refers to a position taken by an investor to reduce risk related to the price movements of an asset. An investor hedges against risk by taking an offsetting position in the market for related securities. Since it is impossible to eliminate the risk completely associated with security,...

13 Aug 2021

I dont want to pay thousands of dollars for a CFA designation. Nor paying hundreds-thousands of dollars for a IB/HF specific online learning course to earn a PASS badge. I am trying to use my Linkedin profile to connect myself with Investment Banks and Hedge Funds. Are there any well known "FREE"...

20 Jul 2021

Hey guys, I recently joined a tech focused HF as an analyst, everything is going smooth except one thing, this dummy senior analyst in the team. We were doing the very preliminary work on an investment case that's very tech focused where the underlying technology was not easy to understand, me being...

21 Jun 2021

I've just been taken off the Princeton undergrad waitlist, I've already committed to UChicago but it is not too late to switch. Out of Princeton and UChicago, which school is stronger for HF out of undergrad? Considering many things such as education, network, alumni connection, job placement, and...

01 Jun 2021

I am deleting my intro thread because I got a response that was not really what I was looking for. I don't think I joined the right forum. It was actually scary to read that many folks on this thread are hardcore racists (KKK types). No wonder you get negative responses. I really wish I could simply...

31 May 2021

I am an undergrad at a lower Ivy. The pool of competition over the years has gotten fiercer and the opportunities for HF have gotten smaller. With the pool getting that much bigger, how much would a CFA® stand out for HF?

24 May 2021

I've been accepted to the above schools. Some of the discussions have a consensus that Yale through connection opportunities outweigh the other schools for HF/VC opportunities out of undergrad even though UChicago and Dartmouth have a large finance placement. Brown has a large consulting placement...

20 May 2021

I'm a nontraditional student newly out of active duty military. I've been admitted to a few good schools. Though, my school choice will ultimately depend on the job opportunities post-undergrad. My school choices are Yale, UChicago, and Dartmouth. Dartmouth and UChicago have a large focus on the...

17 May 2021

Hey monkeys. This is my first post on here, would like to get some genuine advice, maybe from older people in the industry. I'm doing my junior summer in S&T at a GS/MS/JPM. I like the people at the firm, I like the S&T lifestyle, and I know I find the content of the job interesting. However, I'm...

30 Apr 2021

I am formulating a list of top recruiters in the Middle-East (especially UAE) for executive positions in the Finance Sector, particularly Hedge Funds. Any recommendations and suggestions would be greatly appreciated. Many thanks in advance!

26 Mar 2021

Figured many people are on the same boat, so wanted to start a thread. Has anyone received the HireVue yet?

17 Mar 2021

How long does GPA matter in finance, asset management, or in the HF world? Does uni GPA still matter after your first job? After your second job out of school? At one point does it not matter at all if ever?

15 Mar 2021

Had a few questions for an upcoming case study which I think are broad enough to be helpful for others: For a timed case study that only lasts a few hours, does it make sense to model in specific operating cases? If you are building a quarterly projection period, what is typically a good projection...

01 Mar 2021

Why is this the case? In other words, I've heard that a rise in a low beta stock is equivalent to a larger rise in a high beta stock. Is this because more of the volatility of a high beta stock is attributed to the market?

22 Feb 2021

If you are asked on how you come up with an idea for shop that focused on bottoms-up investing, can you start by saying you try and understand recent history and current state of an industry? I'm somewhat confused how a bottoms-up screening process works because it seems understanding the industry...

21 Feb 2021

Could someone who has experience working at a L/S fund clearly explain how hedge funds observe the following risk limits: - What is the difference between market-neutral, beta-neutral, and having some X% of "net exposure"? - What is the difference between being factor-neutral and factor-aware? - Why...

20 Feb 2021

See other thread, accidentally posted late last night as decided to repost this morning. Need more characters to hit the word limit.

16 Jan 2021

Hey Everyone, Recently read a great article on Morning Brew about Goal Setting. It sparked an idea to crowd source this forum not specifically for goal setting frameworks but for the best in class day-to-day organizational framework. I'm sure everyone who has done IB, PE, VC, HF, etc. has had days...

14 Jan 2021