A question I often get asked when candidates are applying to various buy side positions (including hedge fund jobs) is whether it is better to come from a generalist background, whether that be product group from an investment bank (i.e. leveraged finance) or from a specific industry group, whether that be on the banking or research side.  In my opinion it really depends on what kind of hedge fund you want to join / be a part of. A lot of the smaller funds rely on generalists to cover a lot of industries.  These people will have a very good …

I often get asked, “Hunter – what are typical hedge fund interview questions for XYZ fund.” Now, unfortunately (or fortunately depending on whose vantage point you are coming at it from), I have not interviewed at all funds out there. And I know each fund has a different set of interview questions for different candidates. For example, I know of one fund that literally asked probability questions throughout the entire interview process for one candidate, and then barely asked any for another candidate friend of mine. Alas, I do not have a silver bullet. But when I am in the …

First of all, thank you to all readers who have sent me emails over the past few months. We are lucky to have such a strong readership. Secondly, I wanted to announce that I have begun development on a new layout / format for the site which will combine hedge fund and buy-side interview, resume and career tips, as well as a number of articles myself and a few colleagues have penned over the past few months. If you would like to contribute, please contact me at hunter@ distressed-debt-investing.com. Finally, we are looking for one or two advertisers to partner …

…you should probably also know how to set one up as well as a hedge fund’s basic structure. The world wide web yet again comes up strong in a INCREDIBLE document from www.howardrice.com which I have embedded below. On any hedge fund interview, you may want to have these things in the back of your mind so you know what you are getting yourself into. Enjoy! Some Considerations in Setting Up a Hedge Fund — Client Introductory Article (1) http://d1.scribdassets.com/ScribdViewer.swf

Hey guys – wanted to give you all a heads up that we have set up a new merger/risk arbitrage investing blog: You can visit the blog here: Merger Arbitrage Investing. Enjoy!