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bsaacks@businessinsider.com (Bradley Saacks), Business Insider
Fri, 10/25/2024 - 2:49am

Getty Images; Chelsea Jia Feng/BIJob titles in the $4.3 trillion hedge-fund industry vary greatly from firm to firm.The lack of uniformity allows both firms and employees to present themselves in the best light.A prominent example involves Greenlight and a former employee who claimed to be the head of macro.The well-publicized battle between David Einhorn's Greenlight Capital and its former employee James Fishback can seem, to industry outsiders especially, a bit trivial.While Fishback's most recent legal filing claims age discrimination and asks for at least $5 million from his old firm, the genesis of the messy dispute involves Fishback's title during the two-plus years he spent at Greenlight.He said he was the firm's head of macro.

Topics: images chelsea jia feng/bijob david einhorn james fishback fishback morgan stanley goldman sachs an md bi griffin beeson miami-based sjoerd gehring google's paul darrah jose gamez four seasons palm beach citadel london-based chris rokos jain global paul enright wells viking global pm these pms millennium tiger global marshall wace d.e shaw two sigma talent-development wild west don steinbrugge ceo agecroft partners greenlight linkedin business insider md securities pm pm pm title employees industry's lack advantage hedge funds firm firms person people officer chief hedge-fund head manager investment senior internal years roles close large executives means top individual portfolio multistrategy analyst managers familiar recruiter structure working banks match operating private teams hiring headhunters dozen spent fundamental equities specific chairman chef trillion cases investing equity understand legal uniformity external running work founder alike experience vague institutional team members non-investment involves uncommon sides matter

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What's in a title? How hedge funds and their employees use the industry's lack of consistency to their advantage
Hedge fund titles have become a part of the industry's talent war. "It's extremely tough to know who's real and who isn't," one recruiter said.
10/24/2024 - 10:50 pm | View Link
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