-
-
Trending Content
| +52 | Do you regret going into public markets investing? | 29 | 1h | |
| +46 | Alta Fox - How did Connor Haley do it? | 24 | 1d | |
| +37 | RIP Jim Simons | 28 | 8h | |
| +23 | Is Quasi-MNPI The Ultimate Alpha Generator For Public Equities? | 8 | 1d | |
| +23 | Advice ahead of a pair trade presentation - HF interview | 7 | 12h | |
| +22 | Point 72 let go of seven long-short managers !! | 26 | 15h | |
| +18 | UPenn SEAS vs Cornell Engineering | 8 | 4d | |
| +17 | SM Career Trajectory | 5 | 6d | |
| +16 | PMs: move across platforms, latest terms | 15 | 5d | |
| +13 | Why are so many people here interested in Biotech? | 18 | 12s |
Career Resources
Barking up the wrong tree. Prestige is a red herring in HF world
whichever one with highest alpha
If your quality of question is at this level, the answer doesn't concern you.
Here we go again
Prestige in the HF world is different than IB or PE. The fund that is making money and generating alpha is the most prestigious. Tiger (-56%), Lone Pine (-36%), D1 (-31%) are all considered "prestigious" on wso but were all down significantly last year. There's plenty of HFs that are tiger cub and non-tiger cub that are equally as desirable to work as the big names, but are more low-key and you'll never hear about them on this site.
HF is also different than PE in the prestige arena because PE prestige are largely based on how many people you send to top MBAs and how much money you can raise whereas prestige in the HF world is strictly based on performance. Most people in the HF world don't desire to leave for an MBA and it's actually more difficult to generate returns the more AUM grows at a HF.
Point Seventy Two, the prestigious hedge fund founded by Ken Ackman
this is messed up on so many levels
Thanks detective
WSO bros creaming their pants seeing so many prestigious buzzwords in the same sentence
I don't get this joke, can someone please explain?
Point72 is not a SM HF, Ken Griffin is the founder of Citadel (another MMHF), and Bill Ackman is the founder of Pershing Square (non-tiger cub, activist/non-L/S equity)
Didn't know Bill Ackman had a brother.
Darsana
Cubs
TCI
Pershing
My fund, Holden Crystal Capital. You can be my bike boy.
No such thing. You either make money and get paid for it, or you don’t. There’s an overcrowded graveyard full of “prestigious” hedge funds.
What matters is:
Performance
AUM
AUM per Head
Path to get your own risk in the book
Nothing else matters. You go to an Ivy League school and to GS or Evercore banking for the prestige — not a hedge fund.
which funds would you say rank high on these metrics?
Monkey go do research, surely an assoc 3 like yourself can figure that out
You still don’t get it do you. If you join a fund - it’s to make money.
This isn’t SS my guy. No one gives af if you’re at GS or Lincoln Financial. You are here to make money. Tiger cubs aren’t that great PnL wise. I’d rather be Ken Griffen.
If you aren’t here to make money and want to masturbate prestige stay on the SS forever.
What about MF PE like Apollo and KKR?
Aut ut beatae illum et. Quia esse consectetur sit cum nostrum vero. Placeat est assumenda consequuntur nulla delectus incidunt repellat.
Velit quisquam maiores aut omnis deleniti amet autem. Ducimus molestias qui mollitia omnis fugit esse. Qui saepe tempora aut enim ut. Consequatur voluptate repudiandae sapiente sunt.
Repudiandae voluptates ut ut fuga error. Quia ipsam aut excepturi consectetur maiores quod. Magnam vitae reprehenderit repellat deserunt tempore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Iure eligendi perspiciatis repellendus accusamus eum libero. Qui et ea explicabo eos qui. Porro accusamus molestiae nulla culpa sint quis minima. Sed tenetur aspernatur sed doloribus ut. Excepturi ullam quo minima qui molestias sed voluptatem qui.
Et alias et harum fugiat earum doloribus. Occaecati cum rerum doloremque alias veritatis voluptas. Odio sit sed in. Fuga voluptatem nulla pariatur voluptas voluptatem et sint. Accusantium sed rerum quis autem enim.