New Heidrick & Struggles Report Reveals Significant Uptick in Hedge Fund Hiring and Provides Salary Numbers

Despite a troubled economy, demand for hedge fund professionals has bounced back.  According to a recent report published by Heidrick & Struggles International Inc. (HSII) titled “Hedge Fund Industry Trends,” hedge fund firms dramatically increased their hiring efforts in late August and September 2009 as they sought to rebuild assets under management after the industry’s worst year on record.  Much of that demand centered on hiring sales and marketing executives who can help hedge funds attract new investors.  This article summarizes the most salient findings from the report and focuses largely on the findings as they relate to hedge funds’ increased hiring and marketing efforts.  In particular, our coverage includes details from the HSII report on the “market” for salaries for specific hedge fund positions.

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