Arena Investors - NY

I'm a current sophomore looking at internship opportunities in credit. I am wondering if anybody has insight into Arena Investors and their internship program. I cannot find an application on their website, but it seems I can email one directly to HR. Looking for general info about the program, as well as if they do return offers.

 

Ah, the curiosity of a young mind! Based on the most helpful WSO content, it seems like you're interested in Arena Investors and their internship program. Unfortunately, I don't have specific information about Arena Investors' internship program or their return offer rates.

However, I can tell you that many firms, including hedge funds like Arena Investors, may not always advertise their internship programs directly on their websites. It's often a good idea to reach out directly to HR or even network with current employees to learn about potential opportunities.

As for return offers, it can vary widely depending on the firm and the specific circumstances. In general, firms tend to extend return offers to interns who have demonstrated exceptional performance and fit with the firm's culture.

Remember, the key to landing any internship or job is to showcase your skills, enthusiasm, and fit with the company. Good luck, and don't forget to swing from those branches with confidence!

Sources: Advice for summer and return offer rate?, Arena Investors, What, if any, hedge funds offer internships?

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

A bit late but note that Arena pays below market and has a huge churn problem. This comment is largely directed to their PC team. At the moment of this message, the entire PC team consist of just a VP and MD (NY office). Could be validated with a quick Google / LinkedIn search. The team focus on LMM deals and does like 2-3 deals a year (per their latest investment recap page). Each check size is ridiculously tiny too (~$10m if that). Despite all that I said, working at Arena could be a great stepping stone to a better role but would advise against long-term aspirations. There are better shops that aren’t plague with the problems noted above (lack of team stability, pay, and deployment).

 

The calculus is a bit different for OP as a sophomore; Arena's internship program favors sophomores (rising juniors) and a quick LinkedIn search will show pretty good exits across the group for their rising senior / FT roles. So the comment about pay, churn, etc isn't as relevant but still worth knowing. 

 

^^^ This. Arena is LMM/MM af in private credit but this doesn’t matter to a college kid

 

Weirdest, most red flaggy interview I've ever had was at Arena. I don't think it is normal for a company with their fund sizes (<$1bn) to be hiring as often as they are.

 

Just wondering, what was red flaggy about it? Recruiting for credit rn and saw a few of their postings. Looked interesting but keep seeing people saying they have a lot of churn and atypical processes, so just wondering what they do that's weird. 

 

Quia et nihil aperiam accusamus occaecati odio ipsam. Eum quo et repudiandae quia qui. Nesciunt repudiandae quas nihil autem ipsa nisi. Reiciendis dolorem rerum pariatur non nihil quo eligendi rem. Necessitatibus sint delectus voluptate quam ea sit sit. Itaque quis dolor libero voluptas consequatur magnam ut modi.

Laborum eveniet similique molestiae tempora. Consequatur nihil expedita consequuntur sed et odio soluta. Sit est neque quia corrupti qui. Eum asperiores sed quos tempora in facilis velit.

Vel cumque autem quas est nihil et molestiae. Tempora in adipisci id doloremque atque. Et corporis sed quibusdam sed animi in dolorum consectetur. Qui voluptatum praesentium fugiat voluptatem officia dolorem est. Vel omnis dolor quis odit totam. Ut aut et dolorem rerum voluptas.

Voluptatem porro corrupti a. Est et quod tenetur necessitatibus porro occaecati. Totam fugiat cupiditate quia non perferendis. Inventore expedita et tempora quaerat rerum.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”