Copy linkEmailFacebookWhatsAppXLinkedInBlueskyThreadsImpact Link
SaveSaved
This story is available exclusively to Business Insider
subscribers. Become an Insider
and start reading now.Have an account? .
Wikimedia Commons
If you work on Wall Street, you might realize that life might be just a little better on the buy-side versus the sell-side.
2014-04-19
Folks who work for hedge funds tend to get bigger salaries and better hours compared to investment bankers. Not to mention, they also have a more relaxed dress code (loafers, slacks, and a fleece vest).
What's more is some hedge funds have some really sweet perks for their employees. These range anywhere from making sure the employees are well-fed to team vacations in the Bahamas.
We spoke to some hedge fund sources who spilled about which funds have these awesome perks. We also did our own research on the Web to dig up other perks.
If we're missing any bigs ones, feel free to send an email to jlaroche@jkmperu.com.
Marc Lasry's Avenue Capital has free ordered-in breakfast. Not a bad way to start the day.
Bill Ackman's Pershing Square has a state-of-the-art gym at its 888 Seventh Avenue headquarters. We hear that there's also a personal trainer who comes in.
Scott Barbour/Getty Images
Blackstone, a private equity/investment banking/hedge fund firm, has an in-house shoe shine person.
Perry Capital employees also get a discount at Barneys. Richard Perry is the chairman of Barneys and his fund owns a controlling interest in the retailer.
You don't always have to work in the Connecticut or NYC office. One mystery hedge fund set up Bloomberg terminals at the Hamptons home of a fund manager identified only as "Mr. C."
Daniel Loeb, the founder of Third Point LLC, leads a team of his analysts and traders in half Ironman triathlons. Talk about real teamwork and bonding.
Paul Tudor Jones orders his traders fried chicken on Fridays when they've had a good week. If they had a down week, they get sushi. Apparently PTJ loves Kentucky Fried Chicken.
At a lot of funds, when you move into a senior position you get an assistant or potentially two assistants. Louis Bacon, who runs Moore Capital, has his assistants frequently serve him sushi and a green juice.
Julia is formerly a senior reporter covering finance. She wrote for Business Insider from 2011 to 2016. She studied broadcast journalism at the University of North Carolina at Chapel Hill.While at UNC, she contributed to the award-winning student-run newscast "Carolina Week" as a reporter. She was a member of the university’s equestrian team competing in the Intercollegiate Horse Show Association. She is a member of the New York Junior League. She volunteers with Project Sunshine and is a mentor to an area high-school student via Futures & Options.Julia is a Half Ironman finisher and a New York City Marathon finisher. She was Miss New York United States 2014.
