This chapter explores hedge fund boot camps designed to cultivate star traders through a structured training program involving mentoring, classroom teaching, and hands-on experience, tailored to different roles within the fund. It emphasizes the success of one hedge fund's training program in developing talent, contributing to long trader tenures and rapid career progression.
As the $4.3 trillion hedge fund industry has boomed and competition for talent has intensified, firms are turning to a new strategy to get ahead: in-house boot camps. The goal is to mold promising new hires into future superstar traders.
Today on the show, Bloomberg’s Nishant Kumar joins host Sarah Holder to discuss what goes on inside these training programs — and what their rise means for the future of the industry.
Read more: Hedge Fund Talent Schools Are Looking for the Perfect Trader
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