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Long-Only Hedge Funds: A Cozy Career, or a Complete Contradiction?

Mergers and Inquisitions

And if you are interested in this strategy, should you even target hedge funds, or would a long-only asset management firm be better? And if you are interested in long-only investing, should you target asset management firms instead? This second trade would be much less likely at a long-only asset management firm.

Funds 52
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Multi-Manager Hedge Funds: A Meritocratic Paradise or a Revolving Door of Burnout?

Mergers and Inquisitions

So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. Do Multi-Manager Hedge Funds Deliver? Multi-manager hedge funds have been in the news because they’ve performed better and grown more quickly than the larger hedge fund universe.

Funds 104
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Wealth Management vs. Investment Banking: Career Deathmatch

Mergers and Inquisitions

You will very rarely get exposed to the type of financial modeling that bankers complete: 3-statement models , DCF models , M&A models , LBO models , and so on. ” Interviews are broader than IB interviews and require knowledge of asset allocation, economics, and and financial markets, but far less specific technical knowledge.

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Sovereign Wealth Funds: The Full Guide to the Industry, Recruiting, Careers, and Exits

Mergers and Inquisitions

Some SWFs operate like long-only asset managers (i.e., mutual funds ) that allocate their assets top-down and then pick specific indices, companies, and securities that meet their criteria. So, your best option in most cases is to gain traditional investment banking or private equity experience and use that to move in.

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Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

For example, in IB interviews, youll have to know about accounting, valuation/DCF analysis, merger models, and LBO models plus the usual fit/behavioral questions , your resume walkthrough , and a few recent deals. public markets roles ( hedge funds , asset management , etc.), Investment Banking: Which Ones Right for You?

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Biotech Hedge Funds: A Match Made in Heaven

Mergers and Inquisitions

Its more of an industry focus at the intersection of several other strategies , such as long/short equity , event-driven investing , and even merger arbitrage. You could come up with dozens of other potential trades if you also consider call and put options, biotech indices/ETFs, and merger arbitrage ideas.

Funds 64