HEDGE FUND ANALYST
RELATIVE VALUE – MEDIA & INTERNET
Carlson Capital, L.P. is a multi-strategy, alternative asset management firm based in Dallas, Texas with office locations in New York, Greenwhich, Houston and London. We manage six hedge fund groups with over $6 billion in assets under management. The firm was founded in October of 1993 by Clint Carlson. We have 150 employees. Our primary investment strategies include risk arbitrage, relative value arbitrage (long/short equity pairs) and distressed/credit arbitrage. Carlson Capital is an intense and dynamic business environment that provides an individual with the opportunity to think creatively and act upon their ideas.
We are currently seeking an Analyst for a position in our New York office in the Relative Value strategy covering the Media and Internet industries. The individual will be required to:
1. Build a specific industry research effort, focusing on original research and direct contact with company management and industry sources.
2. Monitor portfolio positions, assist in development of consensus opinion regarding those positions, and monitor changes in investor sentiment.
3. Develop relationships with sell side analysts to stay current on consensus view.
4. Effectively communicate opinions, new information and market developments to other portfolio managers and analysts.
5. Build and maintain relevant valuation models, spreadsheets and databases, and or make changes to those models as appropriate.
This person will report directly to the Portfolio Manager of CME (Communications, Media & Entertainment).
The candidate must have strong analytical and Excel modeling skills. A long held passion for investing and the ability to communicate ideas and information effectively is critical. Specifically we require that the ideal candidate has:
1. A minimum of four years of relevant work experience. Such experience may include investment banking, sell-side research, and/or buy-side experience in public equities at leading firms.
2. Experience following the Media and/or Internet industries would be helpful, but not a requirement.
3. Preferably, the candidate would be ranked in the top of his or her peer group at current and former employers.