NEW YORK (HedgeWorld.com)–Dynamic Associates, a company specializing in placement of information technology and financial services executives, is growing its hedge fund recruiting business.
The hedge fund part of the firm’s business has grown in the last two years as the number of hedge fund startups have continued to increase, said Keith Mann, manager alternative investments.
Josh Grauer recently joined the firm to help grow the firm’s business in Connecticut assisting startup hedge funds build staff. He joins Mr. Mann and Leslie Venokur, who make up the hedge fund team. In the next six months to one year, Dynamic plans to open a recruiting office in Westchester, N.Y., to be closer to clientele.
Hedge fund recruitment is becoming more focused on candidates who have experience in certain stock market sectors and who have degrees from Ivy League schools. Individuals with good buy-side experience and accounting skills are in demand, even as salaries for a number of the positions are lower than they were when the hedge fund boom began, according to Mr. Mann.