•  
• Tweet
•  
•  
•        Print
•  
•        Email
•  
•         Track Keywords

• New York

• Chicago

• Boston

• Dallas

• Connecticut’s Stamford/Greenwich/Westport

Of these hedge fund centers New York funds are the most active in seeking and hiring experienced talent. Second to New York in size and hiring activity is the triumvirate of Stamford, Greenwich and Westport (the three cities as stand alone entries all tied for fifth place).

As part of its Roundtable series Opalesque has traveled to these cities over the past year (and many others including less well known US hedge fund centers in Denver, Florida and the West Coast as well as global fund centers such as Singapore, South Africa and Geneva).

HFObserver noted which are the top funds within each city according to those that are currently looking to fill positions. New York, which leads the charge in hedge fund hiring, is also home to slightly less than half of global hedge fund assets. A quick check with financial recruiting firm Glocap, which has multiple offices on both US coasts, reveals the bulk of current hedge fund and fund of funds positions that are listed on the firm’s boards are New York-based.

According to the media outlet’s study, in Connecticut the hiring is largely attributed to Bridgewater, the second largest hedge fund in the world, which is based in Westport. In Chicago, Citadel is actively hiring and in Dallas Highland Capital led the charge with posted positions across areas such as investor relations, analysts and recruiting.

The list noted that although the West Coast city of San Francisco did not make the cut, adding in surrounding areas where hedge funds are active (Palo Alto, Redwood City and Berkeley) would have pushed it onto the list. And Minneapolis, a city that not many would pick out on the map, is a noted up and comer. Opalesque knows of at least one fund in Minneapolis preparing to make a formal launch announcement during this year, and HFObserver noted that Pine River Capital, Waterstone Capital and Whitebox Advisors are established firms in that city that are all actively hiring in 2011.

kb