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

Mergers and Inquisitions

Almost all conversations about buy-side roles eventually turn to multi-manager hedge funds , also known as “pod shops.” There are only a few dozen large funds in this category worldwide, but they’ve greatly impacted the markets and finance careers. These funds are usually multi-strategy as well. you lose 10% from your peak AUM).

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05-21-2023 Newsletter: Thinking if Private Equity is for you?

OfficeHours

They are typically closest to the financial modeling, analytical work, and diligence that private equity firms perform. Depending on the practices of the fund, associates may be expected to present part or all of the investment committee memo. Each associate is typically tasked with monitoring a handful of portfolio companies.

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Project Finance vs. Corporate Finance: Careers, Recruiting, Financial Modeling, and More

Mergers and Inquisitions

In other words, if you lend $500 million to fund a new offshore wind development, what are your chances of losing money? You may still consider the entire portfolio when making decisions, but there’s less of a direct connection than in corporate finance roles. What if there’s a budget overrun or construction delay?

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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. In other words, they’re the public face and brand of their fund, and all investment decisions flow through them. 10 – 15 positions rather than 100+).

Funds 59
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How to Land a Private Equity Internship: Tips and Strategies

OfficeHours

Through a private equity internship, you will be exposed to high-stakes, complex financial transactions and gain valuable experience in investment analysis, deal structuring, and portfolio management. Securing an internship in private equity can be challenging due to the competitive nature of the industry.

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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Mergers and Inquisitions

“Event-driven hedge funds” is one of the more confusing labels in finance. But the other problem is that all hedge funds are “event-driven” because they invest based on catalysts , or specific events that could change a security’s price. If this fund is right, the company’s price may increase by 50%.

Funds 64
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Is Private Equity Right for You?

OfficeHours

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). As further discussed below, private equity firms raise funds from institutional investors and use these funds to acquire ownership stakes in businesses.