Laz Partners
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This range is provided by Laz Partners. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$150,000.00/yr - $200,000.00/yr Direct message the job poster from Laz Partners Overview
Role overview: We have partnered with a leading multi-strategy hedge fund ($10bn+ AUM) looking to make multiple Equity Long/Short Portfolio Manager hires for their Equity Long/Short platform in New York. The fund is well-capitalised, growing, and committed to backing experienced risk-takers with meaningful resources, autonomy, and competitive payouts. The investment platform rewards long-term performance, with strong infrastructure, risk management, collaboration, and knowledge sharing. The fund seeks PMs with deep sector expertise in one or more of the following areas: financials, industrials, healthcare, materials, and energy. Open to both Senior PMs and Associate PMs, with preference for US Equities-dominant strategies; broader developed market equity exposure is also welcome. Preference is given to market-neutral strategies, but more directional approaches may be considered if there is a clear and disciplined risk framework. Key Responsibilities
Manage a discretionary Equity Long/Short portfolio, focusing on US equities within core sectors: financials, industrials, healthcare, materials, or energy. Deploy a bottom-up, fundamental investment approach within a defined universe and risk budget. Generate and execute investment ideas on both the long and short sides within a defined risk management framework. Collaborate with internal teams including risk, operations, and compliance to ensure execution aligns with platform guidelines. Contribute to a culture of transparency, collaboration, and performance-driven decision-making. Requirements & Qualifications
For Associate PMs:
1.5–2+ years of full-cycle portfolio management with $100M–$150M+ AUM and average PnL of $15M–$20M+ annually. For Senior PMs:
3–5+ years managing $250M–$300M+ with multi-year average PnL of $20M–$40M+. Experience in Equity Long/Short strategies with a strong tilt toward US equities; broader developed market equity exposure is also of interest. Preference for market-neutral approaches, though more directional strategies will be considered when risk is tightly controlled. Strong preference for sector specialists in financials, industrials, healthcare, materials, and energy. Performance Metrics
Career Sharpe ratio of 1.5+ preferred. Demonstrated resilience during tougher market environments (e.g., 2022). Cultural Fit
Entrepreneurial mindset and ability to thrive in a high-performance, collaborative environment. Discipline, independence, and accountability in investment decision-making. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance Industries: Financial Services, Investment Management, and Investment Banking We are not including extraneous postings or site notices beyond what is necessary for context. This description retains the core responsibilities and qualifications for the Portfolio Manager role at Laz Partners.
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$150,000.00/yr - $200,000.00/yr Direct message the job poster from Laz Partners Overview
Role overview: We have partnered with a leading multi-strategy hedge fund ($10bn+ AUM) looking to make multiple Equity Long/Short Portfolio Manager hires for their Equity Long/Short platform in New York. The fund is well-capitalised, growing, and committed to backing experienced risk-takers with meaningful resources, autonomy, and competitive payouts. The investment platform rewards long-term performance, with strong infrastructure, risk management, collaboration, and knowledge sharing. The fund seeks PMs with deep sector expertise in one or more of the following areas: financials, industrials, healthcare, materials, and energy. Open to both Senior PMs and Associate PMs, with preference for US Equities-dominant strategies; broader developed market equity exposure is also welcome. Preference is given to market-neutral strategies, but more directional approaches may be considered if there is a clear and disciplined risk framework. Key Responsibilities
Manage a discretionary Equity Long/Short portfolio, focusing on US equities within core sectors: financials, industrials, healthcare, materials, or energy. Deploy a bottom-up, fundamental investment approach within a defined universe and risk budget. Generate and execute investment ideas on both the long and short sides within a defined risk management framework. Collaborate with internal teams including risk, operations, and compliance to ensure execution aligns with platform guidelines. Contribute to a culture of transparency, collaboration, and performance-driven decision-making. Requirements & Qualifications
For Associate PMs:
1.5–2+ years of full-cycle portfolio management with $100M–$150M+ AUM and average PnL of $15M–$20M+ annually. For Senior PMs:
3–5+ years managing $250M–$300M+ with multi-year average PnL of $20M–$40M+. Experience in Equity Long/Short strategies with a strong tilt toward US equities; broader developed market equity exposure is also of interest. Preference for market-neutral approaches, though more directional strategies will be considered when risk is tightly controlled. Strong preference for sector specialists in financials, industrials, healthcare, materials, and energy. Performance Metrics
Career Sharpe ratio of 1.5+ preferred. Demonstrated resilience during tougher market environments (e.g., 2022). Cultural Fit
Entrepreneurial mindset and ability to thrive in a high-performance, collaborative environment. Discipline, independence, and accountability in investment decision-making. Additional Details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance Industries: Financial Services, Investment Management, and Investment Banking We are not including extraneous postings or site notices beyond what is necessary for context. This description retains the core responsibilities and qualifications for the Portfolio Manager role at Laz Partners.
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