A slow time for hedge fund launches.
Citadel (Chicago) aims to launch a new global macro fund.
The Debt Market Opportunity Fund, investing in Australian mortgages, is run by Macquarie Funds Management.
The Global Opportunity Strategy Fund is from Advent Capital Management (London and New York).
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Base salary for this position in New York City is $110k and anticipated bonus is in the $55k to $100k range. It offers a good entry into the hedge fund industry from a brokerage background, with the possibility of a strong career progression from there. Find this and other hedge fund jobs and hedge fund recruiters.
Margin / Treasury Manager
New York, NY
Top hedge fund / private equity firm seeks Margin / Treasury Manager. Looking for 3-10 years of relevant experience in the hedge fund, prime broker or broker / dealer space, with an understanding of valuation activity related to liquidity, leverage and the validation of margin calls. Ability to look at all TRS structures and identify the points that can trigger defaults and generate better rates on borrow / debit balances and collateral management through the prime broker.
Provides excellent exposure and growth opportunities leading to a management role, greater involvement with compliance, and possible move to the risk management side.
The range of functional roles at a hedge fund is variable across the lifespan of that fund, and also variable for different funds in the industry. Just as a new fund must often start small in terms of assets under management, typically there are few people on the initial team as well, with every partner or employee wearing multiple hats. Some funds keep it that way for their entire life span; organization at a small fund tends to be informal.
One manager of a small fund remarked to us, “I give titles because people in the outside world need them. But titles create a certain hierarchy, and while there is always one person who makes the final decision, if you treat people like we’re all equal, people appreciate it and have a vested interest. Everybody knows they have a vested interest here; that’s why they’re loyal.”
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