Prop Shop turned Hedge Fund? - Anonymous employee Quad Capital Employee Review

Flat organization. Entrepreneurial / High energy environment. Smart people and plenty of resources

None. Great place to find opportunity

-Nice office. -That's about it. I think multi-strat hedge fund means, "mess of a trading firm". -Good chef? -Notice how none of these pros are related to the fund or work or management

-forced to churn positions sometimes at high fees that go to management. -management are clearly just out to line their own pockets... they aren't star traders or insightful market guys. Just guys looking to make themselves a dollar -no guidance or coherent strategy. No training. -not much info sharing among the few who make good money. Lots of position gambling. -the analysts there give good ideas, but then we can't really hold them for more than a day? It makes no sense. The analysts are probably there to give the illusion of a high quality firm. -terrible platform. Not meant for any kind of trading. Crashes often. -filled with ex traders from other firms -I sincerely think it's one of those old-school churn shops that allow you to run your strategy but charge you insanely high fees to do so. -racially and politically insensitive comments in the office. -Management lies about backing the company entirely with their own funds. They probably have investors i.e. the incentives at the firm are perverse and the management are not star traders. -The firm is essentially First New York but with higher fees and only the fired traders.