Even More Hedge Funds Jobs You Won’t Find on Job Boards

Once again, HedgeFundJobList.com brings you more hedge fund jobs you just might not find on any job board. Every day, our research team updates important information on the hedge funds in our database.  By visiting firms’ websites, our team uncover s literally hundreds of open positions – everything from Junior Hedge Fund Analyst to Senior Accountant and Trader.  And from time to time we like to share a few of these opportunities with our readers looking for a hedge fund or private equity job.

Hedge Fund / PE Jobs You Might Not Find on Any Job Site:

Cannon Trading Company  Hedge Fund (CTA)

Open Position: Hedge Fund Trading Broker, Beverly Hills, CA

Mapleridge Capital Corporation – Hedge Fund

Open Position: Hedge Fund Research Analyst, Toronto, Ontario

Arrowstreet Capital – Hedge Fund

Open Position: Hedge Fund Research Associate, Boston, MA

Carlson Capital – Hedge Fund

Open Position: Associate Analyst, Dallas, TX; Hedge Fund Intern, Dallas, TX,  Admin, New York, NY

DE Shaw & Co. – Hedge Fund

Open Position: Quant Analyst, New York, NY

DE Shaw also conducts on campus recruiting at 20 top schools.

DRA Advisors  – Asset Management/Real Estate

Open Position: Asset Manager, New York, NY

Bain Capital – Private Equity

Open Position: Investment Associate, Boston, MA

What’s the best way to find dozens if not hundreds more hedge fund jobs like the ones above? Get a list of hedge funds and private equity firms in your area from www.HedgeFundJobList.com. Each of our Hedge Fund / PE lists come with full contact information, website URL, emails, and much more! And all for a fraction of the price of anywhere else – Guaranteed.  Get on your way to discovering opportunties your fellow job searchers have no idea exist.

Create some distance from the hundreds of applicants competing for virtually every hedge fund job that makes its way to career sites like Craigslist, Vault, or CareerBuilder.  HedgeFundJobList.com’s Hedge Fund / Private Equity Contact Lists are a terrific foundation for researching and applying to the thousands of firms you won’t find on any job site.

Popular Hedge Fund Lists:

California Hedge Fund / PE List

Connecticut Hedge Fund / PE List

Florida Hedge Fund / PE List

Illinois Hedge Fund / PE List

Massachusetts Hedge Fund / PE List

New York Hedge Fund / PE List

Texas Hedge Fund / PE List

Are Hedge Funds Still Hiring?

The economy seems to have leveled off in recent months, or at least halted its precipitous decline, and many finance professionals are asking whether hedge funds and other alternative asset managers are finally hiring again.  The answer is not a clear cut yes, but there are certainly signals of significant improvement. In addition to increased postings on job sites, there continue to be hundreds of hedge fund jobs posted on company websites. Many of these job opportunities can’t be found on any job board.

Here is a brief sample of some of the jobs available on company websites.

Susquehanna International Group (SIG), is hiring for a number of positions, including Assistant Trader Intern, Buy-Side Analyst, and Credit Analyst. SIG is a leading market maker in derivatives and commodities and also runs a couple private equity funds.   They also have a full campus recruiting calendar with visits to dozens of top universities, typically in the fall.

Capitol Partners, a $200 million private equity company in Washington DC is hiring Analysts, Associates and Interns.

Cardinal Point Capital, a San Francisco based hedge fund is seeking a full-time Credit Analyst.

Courage Capital Management is a billion dollar event-driven/arbitrage hedge fund in Nashville, TN. They are seeking to hire an Analyst.

Drury Capital, a commodities/futures hedge fund in New Jersey is seeking a Programmer to perform technical trading system research.

Kamylon, a billion dollar private equity firm in Boston is seeking to hire a Portfolio Management Associate. Kamylon draws upon state-of-the-art strategic planning and consulting methodologies, marketing and sales tools, and financial modeling and analytic resources.

Maxim Group, a respected alternative asset manager and investment bank in New York,  is hiring for various positions including Research Analysts, and I-Banking Analysts.

Oaktree, a giant alternative asset manager (hedge funds and private equity) specializing in fixed income, convertibles, and distressed assets, is has multiple job openings including Fund Accountant in their Los Angeles office.

Parametric, an alternative asset manager in Seattle, WA, is seeking to hire a Business Analyst.

Wall Street Access, an NYC-based asset manager is hiring a Sales Trader, Derivatives Analyst, and Financial Advisor.

Smith Breeden Associates, a global asset manager with offices in Durham, NC and Boulder, CO is hiring a Data Analyst as well as several Marketing Associates.

The above is just a small sampling of the hundreds of hedge fund and private equity jobs available on company websites.  HedgeFundJobList.com’s high quality hedge fund / PE lists are a great way to locate local alternative asset managers and find similar employment opportunities in your area. Many other funds don’t post jobs on their website, but do have career-specific email addresses where they accept resumes/cover letters. Our Hedge Fund / PE lists include hundreds of these career-specific emails.

Hedge Fund Jobs You Won’t Find Anywhere Else

Many hedge fund and private equity jobs can be found in the usual places: on job boards and with financial recruiters and head-hunters.  Yet there are literally hundreds of hedge funds jobs, everything from internships to senior-level positions, that you won’t find in any of those places.  These job openings face far less competition because they are not broadcast to thousands of potential applicants. So where can you find these hidden hedge fund jobs? Answer: on the funds’ websites themselves.

Hundreds of funds refuse to use recruiters and employment sites. Instead they rely on highly determined candidates to reach out to the firm through their website and career page.  These open positions do not receive nearly the quantity of applicants received for jobs posted on giant job sites.

While updating and improving our hedge fund and private equity contact lists, our research team often comes across jobs posted on a fund’s website.  Today, we have decided to show you a handful of hedge fund and private equity jobs we have come across just in the last few days. Many of these type of hedge fund jobs can only be found by going directly to the company’s website. Our high quality Hedge Fund / Private Equity Lists provide contact information (including  website info) for thousands of potential employers most of your job competition doesn’t even know exist.

Hedge Fund / PE Jobs You Might Not Find on Any Job Site:

Click on the job title to view more about the position

AEW – Real Estate Private Equity

Open Position(s): Securities Accountant, Boston

Altegris Investments – Hedge Fund

Position(s): Hedge Fund Sales, La Jolla; Senior Research Associate, La Jolla

Analytic Investors – Hedge Fund

Open Position(s): Head of Operations, Los Angeles;  Associate, Los Angeles

Bain Capital – Private Equity / Hedge Fund

Open Position(s): Finance Associate, Boston

Balyasny Asset Management  – Hedge Fund

Open Position(s): Event Analyst, Chicago;  Summer Intern, Chicago;  Tech Analyst, NY

Fortis Investments – Hedge Fund

Open Position(s): Summer Intern, US and International

HedgeFundJobList.com’s detailed state-by-state Hedge Fund / Private Equity Lists include website URLs for 98% of the firms. The above links to job postings constitute a tiny fraction of the hundreds of firm posted jobs you can find using our lists (and a few hours of your time of course).  Many of the jobs  you will find are not posted anywhere except for on the fund’s website!

Not all firms post jobs directly on their websites, but many have specific e-mail addresses for submitting resumes. Only HedgeFundJobList.com’s detais several hundred of these employment specific e-mails, along with contact information for the Human Resource Director or Hiring Manager. Others, like Bracebridge Capital, don’t post jobs on their site, but do have online applications.

Are you a University student? You can also find dozens of funds conducting campus recruiting by visiting their web sites. For example, mega hedge fund Bridgewater Associates conducts campus recruiting events at top schools for both undergrad and graduate students. Likewise, AQR Capital Management, a Connecticut based hedge fund, visits a handful of college campuses each fall.

Create some distance from the hundreds of applicants competing for virtually every hedge fund job that makes its way to career sites like Craigslist, Vault, or CareerBuilder.  HedgeFundJobList.com’s Hedge Fund / Private Equity Contact Lists are a terrific foundation for researching and applying to the thousands of firms you won’t find on any job site.

4 Keys to Getting a Hedge Fund or Private Equity Job

1.      Determine Your Passion and Pick a Specialty

Don’t be afraid to specialize. Being a generalist is fine for many jobs, but in the hedge fund industry you will be squeezed into one of a handful of roles – research, trading, programming, sales etc. Make it easy for the hiring manager to determine which role you fit into by building your resume around a distinct skill set. Similarly, private equity firms are looking for those who bring a specific skill set that corresponds with their investment focus.

Writing Hedge Fund Cover Letters that Get Interviews

Your cover letter is as important as your resume and it deserves equal consideration. The cover letter is the first item seen by the hedge fund manager or partner reviewing your application. A poorly written or overly verbose letter will not be considered, and your resume will not be reviewed either. Therefore, it is essential that your first paragraph (you may only need one) appeal to the reader.

Before you begin writing, it is critical that you consider who will be reading your letter, what they are used to seeing, and what they expect to see.

Who is reading your letter?

Small firms (< $250M in AUM) are unlikely to have a dedicated human resources professional. Initial correspondence should be directed to the CEO, a partner, or managing director. Large firms (> $1B) will likely have an HR department that handles initial inquiries, though hiring decisions will be made by a team of senior partners. If you are addressing your letter to the CEO, it is well worth your time to do a little research. Maybe you are alumni of the same school? Maybe you had an internship with a firm he worked with for 10 years or you volunteer for an organization for which the CEO is on the board. If you can find some common perspective it will help your letter stand out. Just make sure not to address anything too personal (kids, spouses, politics etc).

What are hiring managers used to seeing in cover letters?

The letters hiring managers see all too often have a few distinguishing characteristics: they are lengthy, lack a call to action, are impersonal, and resemble a form letter. Avoid these mistakes at all costs.

Remember that the goal is to get your resume reviewed. If they aren’t interested enough to finish reading your letter, do you think they will have any interest in your background and qualifications? Brevity is your friend. Avoid any temptation to embellish your letter with large words or complex literary contraptions.

It is also very important to try to address the specific person in charge of hiring. For some firms you will be able to do your own research and find bios of the key people on the internet or from a business library. Our frequently updated hedge fund contact lists also supply an easy way to contact 3500+ hedge fund and private equity firms and provide specific contact info for key hiring managers (including address, phone, fax and email). Whatever your method, there is no surer way of getting your cover letter and resume tossed in the trash than to address it “Dear Sir” or “To Whom it May Concern”.

Have a call to action or take responsibility for that action yourself. Your cover letter should conclude by thanking the reader for reviewing your qualifications and ask for an interview. Many people, not wanting to be seen as pushy, don’t take the critical step of asking for the initial interview. The entire purpose of your letter and resume are to obtain an interview. You must ask for it. You might say something like this:

“Thank you for reviewing my qualifications. I will call you next week to discuss setting up a time to meet personally.”

Of course, if you take responsibility for initiating the conversation you must follow up as indicated.

For more detailed information on writing effective hedge fund or private equity cover letters, download our free e-book, Guide to Getting a Hedge Fund Job.

How to Write a Resume Targeted to Hedge Funds

As you prepare to write or rework your resume, keep in mind that hedge funds and private equity firms do not hire like other businesses. In fact they don’t even hire like other financial firms. More than 90% of hedge funds and private equity firms do not have a single dedicated human resource officer. Your communications will likely go to the managing director or CEO of the firm directly (our detailed contact lists provide four methods of contacting them).

The person making the initial decision on whether your resume deserves further review, or a quick trip to the recycle bin, is a highly compensated entrepreneur who considers his/her time very valuable. Do not waste their time with financial mumbo-jumbo, vaguely worded accomplishments, or other unnecessary hyperbole.

An effective hedge fund resume stays on target and is easy to read and decipher.

Here are a few other basic tips:

Be Concise: Your resume for a hedge fund position will most likely be reviewed by a partner or director who considers their time very valuable. Waste it and your resume will end up in the waste basket, regardless of your qualifications.

Be Specific: Your resume must be specific in two senses: specific information on your achievements and specific information on how you can help the firm.

Your hedge fund or private equity resume should be no longer than one page and note only your most relevant and important accomplishments. Highlight a couple of these and describe what exactly you did, how you were able to succeed, and the implications of your work. These accomplishments should emphasize skills that are relevant to the prospective employer and specific position for which you are aiming. Do not expect the person reviewing your resume to be so immediately impressed with your qualifications that they spend the time to figure out what role you would be best in. Tell them directly.

If you have less than five years of financial experience, you are likely to be considered for a job as a junior analyst or associate. Research what these roles entail and emphasize the skills that are most relevant to these specific positions. Analytical and strategic thinking skills are a typically a requirement for these positions, not a bonus. Don’t mention the overused terms, “strategic” and “analytic”. It is far better to show them you have these skills by citing past experience.

If you are an entry-level candidate for a hedge fund job, your resume should note your ability to be supportive in a team environment. The fund manager will not be hiring you because they think you will be successful at managing large sums of money. They will be hiring you because they think you can help them be more successful by providing them relevant research, handling routine administrative tasks, and working well with your teammates. Your accomplishments should illustrate your ability to be proactive and accomplish more than was asked of you.

Finally, don’t rely on your cover letter to convey why you’re the fund needs to hire you. It’s possible the manager will go directly to scanning your resume. For more detailed tips on writing a standout hedge fund resume, as well as sample hedge fund interview questions and hedge fund cover letter writing tips, download our free e-book, Guide to Getting a Hedge Fund Job.