Hedge Fund Company Statistics - As of December, 2012

These statistics are based solely on all user submissions to the WSO Company Database for employment through December, 2012. Each company is given an adjusted score using Bayesian estimates, which takes into account the number of reviews for a particular company. For more details, please see the Methodology FAQ below.
Hardest Interviews (1)
What fund has the hardest interview?
Firm
YoY Δ
Percentile
Blackstone Group
95.2%
D.E. Shaw
90.5%
Bridgewater Associates
85.7%
Citadel Investment Group
81.0%
Putnam Investments
76.2%
Two Sigma Investments
71.4%
Brandes Investment Partners
66.7%
Orbis Investment Management Limited
61.9%
QVT Financial LP
57.1%
HBK Capital Management
52.4%

Includes funds that have at least two interview submissions (21 hedge funds)

Best Interview Experience (1)
What fund has the best interview experience?
Firm
YoY Δ
Percentile
Blackstone Group
95.2%
Citadel Investment Group
90.5%
Two Sigma Investments
85.7%
Brandes Investment Partners
81.0%
HBK Capital Management
76.2%
GSO Capital Partners
71.4%
AllianceBernstein
66.7%
QVT Financial LP
61.9%
Orbis Investment Management Limited
57.1%
Bridgewater Associates
52.4%

Includes funds that have at least two interview submissions (21 hedge funds)

Prepare for Your Hedge Fund Interview

Professional Growth and Career Opportunities - 38 Hedge Funds

Overall Employee Satisfaction (1)
Overall how satisfied are you working for this company?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
Moore Capital Management
92.1%
Carlson Capital
89.5%
Ellington Management Group
86.8%
Two Sigma Investments
84.2%
AllianceBernstein
81.6%
Och-Ziff Capital Management Group
78.9%
Ruane Cunniff & Goldfarb
76.3%
Worldquant
73.7%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Professional Growth Opportunities (1)
Your opportunities for professional growth?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
Carlson Capital
92.1%
AllianceBernstein
89.5%
Citadel Investment Group
86.8%
Ellington Management Group
84.2%
Moore Capital Management
81.6%
Two Sigma Investments
78.9%
Vega Asset Management
76.3%
Brandes Investment Partners
73.7%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Career Advancement Opportunities (1)
Your opportunities for career advancement?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Carlson Capital
94.7%
Bridgewater Associates
92.1%
Ellington Management Group
89.5%
Citadel Investment Group
86.8%
AllianceBernstein
84.2%
Highland Capital Management
81.6%
Two Sigma Investments
78.9%
Moore Capital Management
76.3%
Eclipse Capital Management
73.7%

Percentile calculated based off of adjusted score only for hedge fund firms that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Intern Offer Rates (1)
Average percentage of interns receiving full time offers
Firm
YoY Δ
Percentile
Balyasny Asset Management
70.0%
Ares Management Corporation
10.0%

Includes funds that have at least one intern offer rate submission (2 hedge funds)

Company Specific Salary and Bonus Data Available

Promotions and Fairness - 38 Hedge Funds

Feedback (1)
Feedback <sup>(1)</sup>
Firm
YoY Δ
Percentile
Bridgewater Associates
97.4%
AllianceBernstein
94.7%
Blackstone Group
92.1%
Carlson Capital
89.5%
Moore Capital Management
86.8%
Ellington Management Group
84.2%
Two Sigma Investments
81.6%
Soros Fund Management
78.9%
Och-Ziff Capital Management Group
76.3%
Sectoral Asset Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Best Recognition (1)
Recognition and praise you receive when you do a good job?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
AllianceBernstein
94.7%
Moore Capital Management
92.1%
Carlson Capital
89.5%
Ellington Management Group
86.8%
Bridgewater Associates
84.2%
Sectoral Asset Management
81.6%
Soros Fund Management
78.9%
Och-Ziff Capital Management Group
76.3%
Angelo Gordon & Co
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Most Fair (1)
Fairness in how promotions are given and people are treated?
Firm
YoY Δ
Percentile
Bridgewater Associates
97.4%
Blackstone Group
94.7%
Carlson Capital
92.1%
Moore Capital Management
89.5%
Ellington Management Group
86.8%
AllianceBernstein
84.2%
Vega Asset Management
81.6%
Citadel Investment Group
78.9%
Eclipse Capital Management
76.3%
Highland Capital Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Compensation - 38 Hedge Funds

Best Pay (1)
Your compensation compared with similar jobs elsewhere?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
Citadel Investment Group
92.1%
Carlson Capital
89.5%
Moore Capital Management
86.8%
Two Sigma Investments
84.2%
Magnitude Capital, LLC
81.6%
Ruane Cunniff & Goldfarb
78.9%
Angelo Gordon & Co
76.3%
Balyasny Asset Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Senior Management - 38 Hedge Funds

Best Communication (1)
Communications from management about important issues and changes?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
AllianceBernstein
92.1%
Ellington Management Group
89.5%
Two Sigma Investments
86.8%
Carlson Capital
84.2%
Eclipse Capital Management
81.6%
West Side Advisors
78.9%
Brandes Investment Partners
76.3%
Worldquant
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Best Teamwork (1)
Information and knowledge sharing withing company?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Moore Capital Management
94.7%
AllianceBernstein
92.1%
Highland Capital Management
89.5%
Striker Capital Management
86.8%
Kayne Anderson Capital Advisors
84.2%
Worldquant
81.6%
Ruane Cunniff & Goldfarb
78.9%
Soros Fund Management
76.3%
Brandes Investment Partners
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Best Leadership (1)
Leadership abilities of senior management?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
Moore Capital Management
92.1%
Ellington Management Group
89.5%
Carlson Capital
86.8%
AllianceBernstein
84.2%
788 Asset Management Ltd
81.6%
Ruane Cunniff & Goldfarb
78.9%
Soros Fund Management
76.3%
Vega Asset Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Competence (1)
Competence of senior management?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Carlson Capital
94.7%
Bridgewater Associates
92.1%
Moore Capital Management
89.5%
Citadel Investment Group
86.8%
Ellington Management Group
84.2%
AllianceBernstein
81.6%
Highland Capital Management
78.9%
788 Asset Management Ltd
76.3%
Point72
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Reputation - 38 Hedge Funds

Proudest Employees (1)
Company as a place you are proud to work?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
Two Sigma Investments
92.1%
Carlson Capital
89.5%
AllianceBernstein
86.8%
Moore Capital Management
84.2%
Permal Asset Management
81.6%
Ellington Management Group
78.9%
Och-Ziff Capital Management Group
76.3%
Eclipse Capital Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Company Specific Salary and Bonus Data Available

Life Style - 38 Hedge Funds

Time Off (1)
Management support for needed time off?
Firm
YoY Δ
Percentile
Bridgewater Associates
97.4%
Ellington Management Group
94.7%
Blackstone Group
92.1%
Permal Asset Management
89.5%
AllianceBernstein
86.8%
Carlson Capital
84.2%
Moore Capital Management
81.6%
Och-Ziff Capital Management Group
78.9%
West Side Advisors
76.3%
Artio Global Investors
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Best Work/Life Balance (1)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
Blackstone Group
97.4%
Bridgewater Associates
94.7%
AllianceBernstein
92.1%
Ellington Management Group
89.5%
Moore Capital Management
86.8%
Two Sigma Investments
84.2%
Och-Ziff Capital Management Group
81.6%
Carlson Capital
78.9%
Brandes Investment Partners
76.3%
Ruane Cunniff & Goldfarb
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Worst Work/Life Balance (1)
Employer support in balancing between work life and personal life?
Firm
YoY Δ
Percentile
Renaissance Capital
97.4%
Columbia Partners Investment Management
94.7%
QVT Financial LP
92.1%
Third Point LLC
89.5%
Investcorp Investment Advisers
86.8%
Barnegat Fund Management
84.2%
Ares Management Corporation
81.6%
INVESCO Asset Management
78.9%
TPG-Axon Capital Management
76.3%
Soros Fund Management
73.7%

Percentile calculated based off of adjusted score only for hedge funds that received at least one vote (38 total firms). See Methodology FAQ below for more information.

Most Average Hours Worked (1)
How many hours do you work an average?
Firm
YoY Δ
Percentile
Blackstone Group
77.3
Renaissance Capital
75.7
BP Capital Management
72.5
Kayne Anderson Capital Advisors
72.5
The Tudor Group
69.0
Millennium Partners
68.3
Highland Capital Management
68.3
Ellington Management Group
67.5
Citadel Investment Group
65.6
Ares Management Corporation
65.0
B. Riley & Co.
65.0
HBK Capital Management
65.0
Pictet Funds (Europe) S.A.
65.0
Arden Asset Management
65.0
Bridgewater Associates
64.1
Soros Fund Management
63.0
Putnam Investments
62.5
GSO Capital Partners
60.0
UBP Asset Management
60.0
Broadreach Group
58.3
Oaktree Capital Management
58.3
Strategic Value Partners
58.3
Scottwood Capital Management
57.5
Och-Ziff Capital Management Group
57.0
Highbridge Capital Management
56.4
GoldenTree Asset Management
55.0
Brandes Investment Partners
55.0
Two Sigma Investments
55.0
3-Sigma Value Investment Management
55.0
AllianceBernstein
52.8

Includes funds that have at least three or more submissions (38 hedge funds)

Company Specific Salary and Bonus Data Available

Methodology FAQ

How often is this data updated?
The rankings are constantly changing and evolving based on additional data we collect every day. The graphs and tables use the data from YTD and the prior 2 years. See tabs located above on this page to access previous year rankings.
Why do the average compensation numbers look so low?
Remember that the compensation you are accustomed to hearing for top performers in the top groups in New York is well above the average for cities around the world. The compensation average graphs are a global average which includes regional cities and groups that bring the average down. If you would like company and group specific compensation data, please visit the WSO Company Database.
Where does this data come from?
The compensation, review and interview data comes from WSO member submissions to the WSO Company Database. With over 50,000 submissions to date across thousands of companies, the database is solely a representation of what our members were paid and how they rank companies on various metrics. Please see below for a detailed breakdown of the member statistics for those that have contributed to the database.
What are the percentile rankings based on?
The percentile rankings of companies listed here are based on the current YTD and the prior two years of data for companies that received at least one vote. The simple average scores are converted into an Adjusted Score before the companies are ranked to take into account companies with a smaller sample size. This method uses Bayesian Statistics.
Why do you use Bayesian Statistics to adjust scores?
This methodology is used in order to account for standard deviation in rankings. As a company gets more rankings and data, we have more confidence that the average ranking is a true reflection of reality, so this is reflected in the adjusted scores and Percentile rankings. Learn more about Bayesian Statistics here.
Why don't I see company XYZ?
Some great smaller firms may not be represented in the rankings for the simple reason that we have not collected enough data to represent them accurately or for us to have enough data to display them at all.
What is the geographical representation of the submissions?
The WSO user base is very US-centric with approximately 70% of all submissions coming within the United States of America. Please see the detailed breakdown of the member statistics for those that have contributed to the database. For more company and city specific compensation, please visit the WSO Company Database.