Multi-Manager Hedge Funds: A Meritocratic Paradise or a Revolving Door of Burnout?
Mergers and Inquisitions
DECEMBER 6, 2023
It’s 100% possible to do asset management internships (or hedge fund internships ), take the CFA , and recruit for one of these large funds – assuming it’s open to undergrads. As the FT notes , this means that the LPs tend to pay significantly higher fees in most cases – the equivalent of 3-10% in management fees rather than 2%.
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