Hedge fund headhunters are making a fortune

Posted by PSR_AXP 29 days ago

If you're a headhunter placing the sorts of portfolio managers that major hedge funds are competing to hire, you can make good money. Very good money. If you actually get paid.

As we reported not so long ago, Eisler Capital, the self-styled "intellectually honest" hedge fund, is in a dispute with Monroe Partners, a London-based headhunting firm that's been helping it find intellectuals to manage its AUM.

CityAm has new details on what the dispute involves. The claim filed in the High Court by Monroe reportedly states that the headhunting firm was retained on a non-exclusive basis by Eisler to find some portfolio managers. Every time Monroe found a portfolio manager who stayed/survived at Eisler for a year, Monroe was supposed to be paid $600k (£477k). Of this, $400k was to be paid up front and $200k was to be paid upon the completion of a year of employment.

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