Multi-Billion Dollar Hedge Fund Teams - Skillsets

There has been a lot of talk about Peter Goodwin’s $15B unit at Balyasny and the PMs/sector heads he’s hired. But what I find more intriguing is the exact skillset of all his other hires that make the investment process successful.

There is a clear pattern across all major PM teams or hedge funds when you look at the types expertise they hire for (outside of the obvious ones).

Even if you look at Tiger Cubs like Viking, which on paper are quite distinct propositions to the large multi-managers, you will see similar functions and expertise, even compared to a unit like Goodwin’s, that make the entire investment process work. Remember that in our conversation with a large Tiger Cub analyst, we learned that Tiger Cubs now resemble pods more than ever.

Today, we dive deeper into the people behind the top-performing multi-billion dollar teams and investment firms to give you a concise guide of what skills are required to scale and successfully run a long/short portfolio.

It takes way more than the traditional PM–analyst stock-picking structure to perform well in today’s market.