How to walk into a job at BlueCrest
BlueCrest Capital Management has been a good bet for disaffected traders from investment banks over the past year. It's also been a good bet for traders who lost their jobs at SAC Capital Advisors' London office.
So how can find yourself a job at BlueCrest? The simplest route seems to be to encourage your boss to find a job at BlueCrest and to then follow him/her across. Failing that, spend some time at a long short equity platform with a sector focus and stress your enthusiasm for working on something similar.
This was the method successfully employed by Jonas Schwinn and Thibault Nardin, the two ex-SAC traders who went on a charity mission to the Philippines before Christmas.
Both men are following their ex-boss, Lia Forcini to BlueCrest today. "Lia had already joined, so it's a simple move - we're just going to her team," said Schwinn. It helps that BlueCrest's new equity fund has similarities with the way SAC operated in London. Schwinn added: "BlueCrest are building a long short equity platform split into industry groups, with a similar set up to SAC.
"At SAC we were probably more market neutral," he adds. "We weren't allowed to take very big exposures."
Despite exceeding their initial target of $25k, Schwinn and Nardin are still raising money for victims of Typhoon Haiyan in the Philippines. You can donate by clicking here.