Associate - Deep value long/short equity fund. London
Company:
Walker Hamill
Location:
UK-London
Compensation:
Excellent
Position Type:
Employee
Employment type:
Full time
Updated:
01 Dec 2008
eFC Ref no:
457075
We are recruiting an Associate for the London team of a New York based deep value long/short equity hedge fund seeking to achieve superior risk-adjusted returns, which are uncorrelated with the market. This is a well-established operation managing US$2bn, which has recently expanded into Europe.
This business applies a private equity lens to public markets using a bottom-up, fundamental research process. The strategy is to identify investment opportunities with large valuation gaps. The portfolio is concentrated with approximately 30 longs and 30 shorts. The team have developed a systematic idea generation process involving monitoring of extreme sentiment in the market place, tracking companies in change and proprietary screening tools. Their research process is due diligence heavy and typically involves meetings with management, discussions with competitors, industry comparisons and detailed financial models.
The successful individual will join a small, highly entrepreneurial team and will be involved in all elements of the investment process. To apply you should ideally have solid experience gained within the M&A division of a leading global investment bank. We would also consider those who are currently working in a high quality private equity fund or leading hedge fund with a related strategy.