Hedge Funds
Once it was Goldman Sachs. Then it was hedge funds built around talented individual managers like Paul Marshall, the British hedge fund manager angling to become a media mogul. Now it's the big multistrategy hedge funds. In 2023, the multistrategy funds are the most prestigious and often the most lucrative places to work in finance. They're expanding fast: as we reported in April, some of the biggest funds (in order of size) - Millennium, Citadel, Point72, and Balyasny - now employ a combined 11,595 people.