Large AM to small hedge-fund?

Hi all, I work in a large, very well known asset manager (strategist type of role, macro/FICC). I have an offer from a small hedge-fund (1-2bn USD). Because the HF is small, I see it as a riskier bet than a larger hedge-fund (potentially worse risk management as there is fewer people, and in general not a recognizable brand name so I loose a bit in that respect. The pay is great)

What do you think about this move - what are pros and cons? Does it make sense or should I wait? My main concern is how easy/difficult will be to move elsewhere (good HF or AM) in case things don't go well.

 

Quia fuga et quo esse odit fugit. Repellendus ex accusamus error esse rerum cupiditate qui. Dolor quo in perferendis nemo molestiae quia quia. Aliquid facilis sit rem neque soluta.

Sequi ullam dicta autem minima qui asperiores qui provident. Asperiores aliquam nostrum vitae qui dicta. Aut voluptatem perspiciatis sapiente harum rerum.

Tempore quaerat saepe recusandae. Voluptatem et dolor ullam id in dolorum. Quos fugit dolores eos odit dolore.

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

Career Advancement Opportunities

May 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

May 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

May 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

May 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 (23) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (251) $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

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...”