Hi, Im a hedge fund attorney in my early 30s. I was a finance major in college (and a good one) so I understand the business side a little bit better than most attorneys. Unfortunately, I went to undergrad during the financial crisis and didnt get a finance job because I had no idea what I was …

I spent ~5 yrs on the sell side getting my own coverage in a financial services niche. Moved over to the buyside over 5 years ago to help build out an equity platform in a primarily credit shop (with a nuts and bolts operating business). The idea being to leverage our operational and business exp…

Like many posters before me, I learned a lot by reading the AMAs when I was younger (and continue to find them helpful to this day). Id like to pay it forward so happy to answer any questions I can. Quick background about myself: * Non-target school * BB coverage in NYC * Entering my thir…

AMA – 3rd Year HF Analyst at Special Situations / Event-Driven Fund

Immad Akhund (Mercury) The biggest risk in not capturing the upside

WSO Webinar: Resume prep for Private Equity interviews — 9pm ET, 10/7/19

The Wall Street Oasis Hedge Fund Hall of Fame provides a comprehensive collection of some of WSOs best discussions on the hedge fund industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&As & Interviews please navigate here. If …

If you were an analyst working at a small fund under one PM at a typical L/S equity hedge fund, you were paid pretty good/hours were good and have the potential to get equity in the fund as You progress contingent on performance , but your boss was erratic and goes through cycles of mood swings beca…

Hey monkeys, So Im wrapping up my finally year in university and have been proposed with two very interesting opportunities. Start my own fund or take a $250k all-in comp ball-park range. A little primer. Ive been very blessed to work with some very high net worth individuals and have been…

Hi All, Am looking to connect with the main recruiters for HF / PE opportunities in Asia, specifically HK / SG (which I appreciate may be different). Can anyone currently working in the region help me with the names of the firms who are most active on hiring for these roles. Appreciate the help…

Folks, Have a case study coming up with a SS credit hedge fund – can anyone share their experience on this? Any info on what to expect, how this is different from a lev fin case study, any recommended preparation materials, etc would be great. Also, when speaking about lev fin most people assume …

I am a senior in college and have at three places – a ~3 bn long short shop, mega LO shop, and sell-side equity research. To protect anonymity, cant really disclose more details on the HF, but the LO is a household name, and the ER shop has very good II presence. I am considering mostly the HF v…

Anyone have heard back from Abrams Bison Analyst program? Had the first round about 2 weeks ago.Anyone had info?…

There appears to be some demand for an HF AMA, so here goes… I believe this will be a communal effort with several people contributing, including myself. Briefly about me: I have been in the mkt for almost 15 years, always specializing in global rates. Currently, a PM in a reasonably large ma…

Lets assume that she wins in 2020. Is the plan for us all to just not show up to work anymore after election night? …

Anyone know anything about the Select Equity Group in NYC? All I can find is that they are a hedge fund sponsor, but their website is actually just one page with logo and address. Anything would be helpful….

Hello Everyone, Im a current undergrad considering an offer from a small (…

How good is Blackrock Systematic Active Equities team when compared to quant hedge funds, especially when it comes to compensation and career progression?…

Hi, Im a long/short analyst in a mid size hedge fund in London, around 5billion AUM. Using fundamental analysis for equity, mainly covering Asian stock. I previously interned in GS London, and worked in Hedge Fund directly after graduation. Also, if anyone is doing fund of fund or family office, …

Like many posters before me, I learned a lot by reading the AMAs when I was younger (and continue to find them helpful to this day). Id like to pay it forward so happy to answer any questions I can. Quick background about myself: * Non-target school * BB coverage in NYC * Entering my third y…

The USISC today imposed restrictions on individuals working in the U.S. under the NAFTA TN Visas Economist category. This change disallows people working in Financial Analyst and Market Research Analyst roles from obtaining the TN visa. My question to all those working in investment analysis roles …

Hey guys and gals. Ive been away from WSO for a while, but will never forget how much this site has helped me through my career and figured now was a good time to give back. As mentioned above, I am currently a Research Analyst at a>

$5bn Hedge Fund working on Credit and Equities. I started my c…

does anyone know anything about king street capital? type of distressed investing that they do? nature of the work there? i have an interview in the coming weeks…

In his 5 part video series Anton Kreil seems to do a pretty convincing take-down of IB as a long term career, arguing for HF as a better track. Part 1: He then pivots into what seems to me to be BS territory. I havent worked for a HF so thought Id jus…

Have been on-and-off WSO for a while now, thought it was time to give back. Feel free to ask away Background: previously in a top RX group (PJT, Laz, HL) that joined a>

$5bn multi-strat credit fund that invests across the capital structure (1L, 2L, mezz, prefs, etc.). Went to a semi-target (whateve…

Hello everyone, My current background is in applied mathematics and physics. I have several top publications as the first author in some domain of theoretical physics. I have a weak programming background, dont know optimization methods, little knowledge of artificial intelligence methods (machine…

Is anyone familiar with SF-based Woodline Partners? Any thoughts on team, strategy, investment style would be appreciated! Thanks!…

Hi, Im a hedge fund attorney in my early 30s. I was a finance major in college (and a good one) so I understand the business side a little bit better than most attorneys. Unfortunately, I went to undergrad during the financial crisis and didnt get a finance job because I had no idea what I was doi…

Does anyone have experience interviewing with this firm? Got one coming up soon would love any insights….

Hello all, I am in the process of completing a doctorate degree in pharmacy (PharmD) as I plan how best to leverage my non-conventional background in the hedge fund industry. As an active trader with a fairly diverse portfolio, I have always had a keen interest in the markets. Given my healthcare …

Breaking Into a Hedge Fund with a Background in Pharmaceuticals

Black Creek Global Advisors – Interview – Generalist

Blackstone Group – Salary & Bonus – Generalist

Executive Director in Investment Banking – Treasury

Hi all, I have been in a cross asset / special situation financing, commodity and fixed income / equity derivative role for 8 years focussing on special situations including start-ups, liquidity stressed scenarios, uncovered / under the rader opportunities (could be geo, network or otherwise), and a…

I just finished undergrad this spring and have been working at a large distressed debt/credit HF for about a month. I would consider my role to be a middle office/ trade support role: I book and amend trades, run PnL, reach out to sales guys of the counter parties, and do reconciliations. I can see …

I have an upcoming interview with D.E. Shaw on their Renewables Investment team (DESRI). I really cant find anything about the group though – does anyone know anything that may be helpful?…

D.E. Shaw Renewables Investments (DESRI) – Any info?

JP Morgan Securities – Salary & Bonus – Generalist

Flow Traders – Interview – Quantitative Research

Besides having no where else to work or looking for a stepping stone. I dont know much about the actual work done at a FoF. Got a random interview with one from a recruiter and decided to go for it for practice, at least. I enjoy doing fundamental work, and I feel like working at a FoF would just …

I am recruiting for P72 out of private equity, trying to get a sense of the process. So far I have had a a few fit interviews and now doing a case study for a particular PM, also took modeling assessment and wonderlic. How does the process unfold after that? Am I expected to do more interviews with …

I have been interviewing for HF roles for roughly 6 months out of PE but havent had any luck. I thought post labor day things would pick up. How are people feeling about the hiring market? Has anyone recently transitioned from private to public?…

3-Sigma Value Investment Management – Review – Financial Sponsors

3-Sigma Value Investment Management – Salary & Bonus – Financial Sponsors

SunTrust Banks Inc – Review – Investment Banking

SunTrust Banks Inc – Salary & Bonus – Investment Banking

Story here: Ive never been on the buy side or am econ PhD, but I did do my PhD in another field and have been on the sell side for a decade. Id have to say I broadly agree: YMMV, but for me finance has offered…

Hi all, I recently received an offer for Summer 2020 for a prop trading internship at DE Shaw. I have interviews at other firms (Jane Street, Bridgewater, Akuna, Citadel, etc.) but am fairly certain about accepting DE Shaws offer. Im wondering how the DE Shaw internship experience/exit opps com…

Hi all I am currently in the process for an analyst role at a large ($10B+) L/S equity HF based in NY. I have done the first couple of rounds and met with most of the juniors and the head of the team. I had the final round case study 2 weeks ago (which I thought went quite well) but havent heard b…

Does anyone have insight they can share on the interview / hiring process for Point72s Experienced Academy program? Appreciate the help in advance….

My understanding of multimanager fund strategies (Citadel, Millennium) is they have sector specific pods (consumer, industrials, healthcare, etc) that are entirely market neutral, so 100% long 100% short. This enables each pod to have very low correlation to the market; these uncorrelated pods are…

Hey guys, I was wondering if anyone have some insights into D.E. Shaw Groups Fundamental Research program. How difficult is it to break into straight from undergrad? Is anyone familiar with the role? The posting on their website says: Research analysts are vital to the firms fundamental investin…

Ive been told by a couple of people (growth side, not value) that buyside analysts wont bother with DCFs anymore–instead theyll project revenue and earnings growth based on a variety of factors in a proprietary model. Is this commonplace?…

Just out of curiosity how common it is to get asshole questions like the below in the industry when you have at least 2-3 years of hedge fund experience and you are looking for a new job in the industry? An asshole question is any question that reveals the interview is probably an asshole. – **…

Im a few months away from getting my MBA and was hoping to obtain the CAIA in the following year. Is this worth it or should I go for CFA? …

I spent ~5 yrs on the sell side getting my own coverage in a financial services niche. Moved over to the buyside over 5 years ago to help build out an equity platform in a primarily credit shop (with a nuts and bolts operating business). The idea being to leverage our operational and business expert…

I recently joined a multi-strat credit fund with significant EU/Asia coverage and notice that some of the names in the ad hoc group are quite unfamiliar for me. What are the best local distressed credit funds outside of the US, in terms of both return and prestige? Below is my observation: In EU…

How long does citadel global equities give you to decide on an offer? Is it typically an exploding offer or do they give you a week or two to decide? …

How long does citadel global equities give you to decide on an offer?

Highland Capital Management – Salary & Bonus – N/A

Vice President in Sales & Trading – Fixed Income

as the title says…i have a dium frequency…trading futures, rules based, minutes to hours intraday holding period…its not fully automated tho…manual execution because of tweet/news/headline risk. Some days takes 5-8 trades…some days nothing. what kind of track record do i nee…

traders / PMs…how does a strategist who comes up with an intraday trading strategy get a trading seat at a fund?

Citadel – Interview – Information Technology (IT)

Option 1: Offer for a MO role at a well known HF (they are also offering relocation to NYC, London otherwise). The MO role is not difficult technically, so Im sure I can impress quickly, and have time for side projects for them (ideally more quant type work) once I get my head around the business. …

Been working in ER at a BB for a bit over two years now. I am considering sending in my resume to a Hedge Fund that recently posted an opening. Found out that a former colleague (much more senior and from another country/office so we never interacted – my boss was his colleague technically) has a pr…

Anyone worked with Mercury Partners before? Im considering retaining them for a search but I dont know much about them. Has anyone worked with them before either as a candidate or a client?…

Me and my PM have been doing very well this year at a hedge fund, but my PM unexpectedly got fired for non-performance reasons. Now its just me, but leadership is not willing to let me manage the money. They want to put me on a different team. Is there any way I can somehow get the bonus for t…

WSO was a great source for me at the beginning of my career. Figured it is time to give back. My Background: * Graduated from a non-target school with a 3.5 GPA * Spent 3 years at a BB bank in Leveraged Finance * Currently, at a value oriented credit hedge fund, investing in leveraged loan…

I want to start a quantitative fund where decisions are made through data science and operations research methods. What I really want to know are about things that only the ones in the industry (or have been) would know – clients, legal requirements, managing personnel, etc… Some Context: I don…

What should I know before starting a Hedge Fund?

Citadel Investment Group – Salary & Bonus – N/A

Graham Capital Management – Salary & Bonus – Trading

Hello all. Im an incoming analyst at a strong BB group. Very interested in joining an activist hedge fund. Theres very limited info on this site, and I just wanted to learn more. – Whats comp look like? – How are the hours? – Who are the top headhunters? – Is it possible to go straight from IB t…

Activist hedge funds: comp, hours, recruiting

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2nd year tech coverage analyst at BB in SF (AMA)