▲ 38 r/quant
Initial Capital for a PM at pod shop
Hi. Does anyone know how much initial unlevered capital (or levered GMV) is allocated to a new Portfolio Manager at a pod shop (eg. Millennium, Balyassny, Cubist, Verition etc)? I know that it can depend on your negotiation, but wanted to know a general range. How does it scale later on as one progresses in the role?
u/1darkshade — 1 day ago