Mergers and Inquisitions

NOVEMBER 15, 2023

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started.

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CFA Investment Banking Bank Banking 59

Mergers and Inquisitions

OCTOBER 30, 2024

Corporate finance jobs at normal companies are bad … …if you’re using them to break into a deal-based field, such as investment banking , private equity , or venture capital , or as a “Plan B” if you interview around but do not get into one of these. What Are Corporate Finance Jobs? not banks or investment firms).

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Corporate Finance Finance Finance Corporation 105

Mergers and Inquisitions

DECEMBER 6, 2023

The multi-manager hedge fund model is simple: Raise $10-20 billion, borrow at the fund level to take this to $50-$100 billion, and then allocate this capital to dozens of internal teams. Many funds, such as Point72, now recruit undergraduates directly via programs like the “Point72 Academy.”

Funds 104

Funds Management Recruitment Portfolio 104

Mergers and Inquisitions

JANUARY 31, 2024

This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. Tiger Global is another example of this issue: It started as a hedge fund but later expanded into private equity and venture capital , with different teams for each one.

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Funds Management S&P Recruitment 59

Mergers and Inquisitions

FEBRUARY 28, 2024

But a few other reasons also explain why fixed income often gets overlooked: the unstructured recruiting process, fewer job openings, and the “cushiness” of senior-level roles. An Example Fixed Income Research Report Recruiting: Who Gets into Fixed Income Research? power & utilities , FIG , or industrials ).

Equities 59

Equities Asset Management Debt Funds 59