Don't really get the difference between hedge funds, assessment management, and trading. Heres my definitions of each...
HF- generate profits using high end clients money using stocks options etc, high leverage
AM- more long term low leverge but similar tohedge fund??
TR- no idea really
IB-not really buysidemore the dirty work entry toHF,AM,PE
PE- not publicly traded companies
VC- startups, similar to PE?
let me know if you can help me and what im wrong about.
WSO Virtual BootcampsSee all
Popular ContentSee all
Career Advancement Opportunities
February 2023Hedge Fund
Overall Employee Satisfaction
February 2023Hedge Fund
Professional Growth Opportunities
February 2023Hedge Fund
Total Avg Compensation
February 2023Hedge Fund
Career Resources
LeaderboardSee all
| 1 |
|
99.2 |
| 2 |
|
99.0 |
| 3 |
|
99.0 |
| 4 |
|
99.0 |
| 5 |
|
99.0 |
| 6 |
|
98.9 |
| 7 |
|
98.9 |
| 8 |
|
98.9 |
| 9 |
|
98.9 |
| 10 |
|
98.9 |
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Comments (5)
You're retarded
i know but retards need help too
Literally just go the hall of fame section for each of these forums
HF- raises money exclusively from accredited investors or institutions to typically invest in public markets, usually a GP/LP structure with mgmt fees and performance fees, usually makes use of leverage from prime brokers or other counterparts, usually makes use of derivatives, usually makes use of shorts, focuses more on absolute return strategies
AM- raising money from retail (through distribution channels), accredited and institutional investors, usually structured as investment corps (UCITs,Mutual Funds, etc), usually charge one all-inclusive "on-going fund charge" for both management and trading expenses, usually deploys real money not leverage, very little use of derivatives, focus is on long-term buy-and-hold, usually relative return or income strategies, usually focuses on "style" rather than specific absolute return strategies
TR - basically the equivalent of a wholesaler for market participants. they buy at slight discounts tomarket price and sellat slight premiums to market price - making money on the spread. they also hold inventory in anticipation of market demands and hedge out this inventory to reduce negative risk exposures
PE- mostly majority investments into private companies using a mix of debt and equity, strategy is to sell the stake for more than they bought itthrough either financial engineering, platform plays or operational improvement, setup as a GP/LP structure with the same management fee + performance fees asHFsbut more restricted due to being illiquid
VC- minority investments into high-growth potential category changing businesses with the view of achieving an exit (acquisition orIPO) worth multiple times their initial investment, similar structure toPE/HFfirms (GP/LP structure, mgmt fee + perf fee), also illiquid as they deal with private companies
Doloribus eos in necessitatibus corrupti. Neque similique unde sunt. Magni et iusto et. Neque rerum iste voluptas perferendis voluptatum. Aliquam facilis sunt eos dolore voluptatem accusantium.
Culpa ipsum eius sed autem. Delectus culpa quo ipsam et pariatur illum velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus:6 financial modeling lessons free($199 value)
orUnlockwith your social account...