Best cities for value-oriented hedge fund jobs

Hi, I am an undergraduate student majoring in finance at a semi-target school in the Midwest. I have become interested in value investing and hope to someday work at a hedge fund or in Asset Management doing this. What are the best cities for someone who wants to work in the hedge fund industry, specifically on the value side?
Also, I would love some input on what it is like to work at a fund on the west coast. I know the hours can be brutal due to the three-hour market difference between NYC, but would the hours be as bad at a value-investing firm due to fewer day-to-day transactions?
Thanks

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