Compare IB Special Sit Group and hedge funds

fishfillet · March 12th, 2008, 12:00 pm

how would you compare the special situations group in a large investment bank and a well-known hedge fund/private equity firm ?say they are both doing similar type of investment (e.g. take over, distressed...etc.) what are the parameters that you would consider going to one but not the other ?Thanks!

StatTrader · March 12th, 2008, 12:07 pm

Often a special sits group at an IB will be structured as an internal hedge fund anyway so it won't matter a whole lot. If not, then the regular IB v HF pros and cons apply.

fishfillet · March 12th, 2008, 12:56 pm

Thanks for the reply. so in terms of actual investment activities/capacity, would you say there are a lot more restrictions within an IB SS group than in a HF?