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You want a mid-ranking job in a hedge fund? Good luck

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why?

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THE BRIEF:

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why? The newer the hedge fund firm, the less likely it will be looking to hire mid-career-stage professionals, as typically the co-founders bring over senior-ranking former colleagues and then prioritize junior hires.

On the buy side, senior-level people who can attract clients and generate revenue are always in demand. While big, established hedge funds do hire mid-ranking professionals, recently launched firms typically recruit highly experienced and early-career-stage professionals but not much in between.

Who do buy-side firms most want to hire? Experienced professionals with a proven ability to generate revenue and take entrepreneurial risks, according to Alexis DuFresne, director of asset management at Whitney Partners.

Press

You want a mid-ranking job in a hedge fund? Good luck

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why?

FEATURING

Moderated by Alexis DuFresne

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why? The newer the hedge fund firm, the less likely it will be looking to hire mid-career-stage professionals, as typically the co-founders bring over senior-ranking former colleagues and then prioritize junior hires.

On the buy side, senior-level people who can attract clients and generate revenue are always in demand. While big, established hedge funds do hire mid-ranking professionals, recently launched firms typically recruit highly experienced and early-career-stage professionals but not much in between.

Who do buy-side firms most want to hire? Experienced professionals with a proven ability to generate revenue and take entrepreneurial risks, according to Alexis DuFresne, director of asset management at Whitney Partners.

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Press

You want a mid-ranking job in a hedge fund? Good luck

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why?

Are you neither senior nor junior but somewhere in between? Some bold-faced names such as Greg Coffey and Jon Corzine are launching new hedge funds, but they're unlikely to want to hire you. Why? The newer the hedge fund firm, the less likely it will be looking to hire mid-career-stage professionals, as typically the co-founders bring over senior-ranking former colleagues and then prioritize junior hires.

On the buy side, senior-level people who can attract clients and generate revenue are always in demand. While big, established hedge funds do hire mid-ranking professionals, recently launched firms typically recruit highly experienced and early-career-stage professionals but not much in between.

Who do buy-side firms most want to hire? Experienced professionals with a proven ability to generate revenue and take entrepreneurial risks, according to Alexis DuFresne, director of asset management at Whitney Partners.

Alexis DuFresne
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