![]() ![]() While some of the larger hedge funds (e.g. This provides hedge funds with quality candidates. Headhunters do all the vetting for a firm: checking over resumes, interviewing candidates, etc. ![]() A headhunter is simply an informal name for an employment recruiter (sometimes referred to as executive search or executive placement). Most multi-manager hedge funds use headhunters, and some single Profit & Loss (P& L) funds do as well. Headhunters: Headhunters are very active in recruiting for hedge funds. The investment professionals at the fund might prefer to choose applicants from a pool of known candidates rather than sift through hundreds or thousands of resumes trying to determine which candidates are likely to cut the mustard. As a result, many of these applicants will never get a serious look. In addition, because hedge funds typically lack a human resources arm, they often do not have the internal resources to process all the incoming resumes from applicants. The problem is that job boards and the web have made it so easy to apply to jobs that hedge funds have become inundated with applicants and it is very difficult to stand out. Submitting a resume on a job board or site can be a black hole-a lot of information goes in and very little comes out. These are typically the easiest ways to apply, but they are also one of the hardest ways to actually land an interview. Job Boards and Hedge Fund Web Sites: Traditional methods include applying to positions through job boards and hedge fund web sites. There are two paths to hedge fund job hunting: ![]()
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