大二指南

Hey everyone I'm a sophomore at a target public (UVA/Michigan Ross/Berkeley), and my goal is to try to intern at a Point72 typeHFjunior summer - and yes I know this is enormously difficult to say the least.

What would be a good sophomore internship for this? I interned at a small L/Shedge fund last summer, but I was thinking about maybe looking to do aPE/IBinternship this summerto get some more modeling experience. I know there's no "right path" but does this seem like a good way to go? If so should I focus on trying to land an internship at the most "prestigious" firm, or would aMMPEfirm/MMIBinternship be fine?

如果这似乎不是一个好方法,我是否应该尝试在另一个小型对冲基金会上找到另一个实习?

Thanks in advance!

Comments (6)

  • Analyst 2inHF - RelVal
6mo

My advice - don't start at a pod shop like P72 out of college. The risk/reward for these pod shops' development programs just isn't there IMO.

如果你想做HFinvesting, I think you should take one of two routes:

1)努力弄清楚HFinternship sophomore summer or soph/junior winter. This is hard but can be done (and at some legit firms too if you are ready for investing).

Then, grind out sophomore spring/summer recruiting to get a top bank /MFPEfor junior summer. This is a great path into theHFindustry, but you will then also have a potential shot at joining whateverHFyou interned at full time as well as the opportunity to hold off until you find the rightHFseat. Or,

2) Still try to get anHF作为大二学生的实习,尽力到达一个好地方并在那里做得很好。然后,在大三的夏天,招募了一些HFSknown for taking talented undergrads (not the MMs). These spots are very hard to get but amazing opportunities if you do. Also recruit for banking /PEat the same time as insurance.

This is just my opinion, but I don't really see the appeal of the multi-manager programs like p72. Skipping toHF值得,但仅在某些情况下。例如,在P72,您失去了IB/PEjust to take the risk of going internship -> academy -> good pod in which you will learn/succeed (all while getting underpaid). It's not that hard to get to a pod shop later anyway.

And FYI - you probably won't get legit modeling experience as an intern in banking.

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  • ProspectinHF - EquityHedge
6mo

任何合法公司的清单MM还是从UG招募的Tiger Cub?

  • InterninAM - Equities
6mo

Stop spreading misinformation. There is a huge advantage doing the P72 academy-65% of graduates since the inception of the program in 2014 are still with the firm. P72 does everything they can to retain them. Also, P72 academy comp is 125k base + 70% bonus + signing. It is in line withEBcomp。

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  • Analyst 2inHF - RelVal
6mo

Sorry to offend you, intern. However not sure it's misinformation if everything is prefaced with "in my opinion"

仅仅因为毕业生留在公司,并不意味着您拥有完整的图片。高级MM平台与SM对冲基金有很大的不同,大学生很难理解这种差异以及最适合他们的差异(对两者都有利弊)。我说我不会在Point72开始职业生涯IB/PEis based on what I have seen in the industry. And "underpaid" is relative to the对冲基金行业, not a boutique bank.
Keep calling fake news if you'd like.

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6mo
HF_MONKEY, what's your opinion? Comment below:

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