Hedge Fund Jobs in Texas

Texas Hedge Fund Jobs

Looking for a hedge fund job in Texas? Below is a partial list of hedge funds in Texas that are currently or have recently been hiring employees. The list below includes 10 of the 27 known hedge funds that are currently hiring in Texas. Or get a complete list of hedge funds in Texas, including which funds are hiring.

Company Name	City	State	Website
Baker Avenue Alternative Asset Management	Irving	TX	www.bakerave.com
Bares Capital Management	Austin	TX	www.barescapital.com
Blue Lion Capital	Dallas	TX	www.bluelioncap.com
Corriente Advisors	Fort Worth	TX	www.corrientecapital.com
Dimensional Fund Advisors	Austin	TX	www.dfaus.com
Fortress Investment Group	Irving	TX	www.fortress.com
Frontier Investment Management	Dallas	TX	www.frontierinvest.com
GSO Capital Partners	Houston	TX	www.gsocap.com
Hayman Capital Management	Dallas	TX	www.haymancapitalmanagement.com
Hodges Capital Management	Dallas	TX	www.hodgescapital.com

The above list shows 10 of the 27 hedge funds currently seeking employees in Texas. Get the complete list at www.hedgefundjoblist.com. They are an invaluable resource for finding hedge fund jobs.

Also be sure to check out this discount code.

Hedge Funds in Texas

From The Economist
FOR a state more closely associated with cattle and cowboys, Texas is home to a surprisingly big herd of hedge funds. They manage around $40 billion, making Texas the fifth-largest US state for hedge-fund assets (after New York, Connecticut, Massachusetts and California), according to the Blue Heron Group, a research firm. Some of the industry’s biggest names, like Lee Ainslie of Maverick Capital and Eddie Lampert of ESL Investments, have ties to the state or Texan investors.
Many Texans like to trace the industry’s vibrancy to the state’s risk-taking traditions. A century ago “wildcatters” put everything they had on the line to drill oil wells, hoping to discover a gusher. Some made millions; others lost everything.

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List of Fund of Hedge Funds in Texas

Fund of Hedge Funds (FoF) in Texas:
Below is a partial list of fund of funds in the state of Texas:

Firm Name	City	State	Website	Type
Crestline Management	Fort Worth	TX	www.crestlineinvestors.com	Fund of Funds
Double Eagle Capital Management	Irving	TX	www.doubleeaglecapital.com	Fund of Funds
Fischer-Seitz Capital	Houston	TX	www.fischer-seitz.com	Fund of Funds
International Capital Management Corporation	Dallas	TX	www.icmc.com	Fund of Funds
Kenmont Capital	Houston	TX	www.kenmontcap.com	Fund of Funds
LCM Global	Dallas	TX	www.lcmglobal.com	Fund of Funds
Salient Advisors	Houston	TX	www.salientpartners.com	Fund of Funds
Third Coast Capital Management	Austin	TX	www.thirdcoastcap.com	Fund of Funds

Source: HedgeFundJobList.com

Hedge Funds are Hoarding cash

More Hedge Fund Assets are in Cash
As financial market conditions become more volatile and as the banking crisis appears far from over, many hedge funds are socking away a larger portion of their assets in cash. Edward A.H. Siedle, president of Benchmark Financial Services Inc., an Ocean Ridge, Fla.-based pension consulting firm says "The risk-reward scenario is not favorable right now, and a half-percent return versus another Lehman Brothers-like loss is not worth it."

Horizon Cash Management manages billions in cash for hedge funds. Senior Portfolio Manager, Jill King says "There's a greater need for liquidity in this market, and I think pension funds are sitting on a ton of cash right now." According to Craig Columbus, President of Arizona based hedge fund Advanced Equities Asset Management. "Right now, we're dealing with some of the great challenges of low-yield investing,"

Some other quotes from hedge fund managers regarding their decisions to go to cash:

• Bill Quinn, Chairman of American Beacon Advisors, a Fort Worth, TX based hedge fund: "People have gotten very conservative when it comes to cash, and the Reserve Fund gave a bad blemish to any money market fund not associated with a financial institution with a lot of capital,"

• John Nowicki, President of LCM Capital Management, a Chicago based hedge fund: "We thought it was a no-brainer decision to move our clients' money out of prime money market funds two years ago and into Treasury money market funds,"

• Craig Columbus, President of Advanced Equities Asset Management, a Scottsdale, AZ based hedge fund: "There's lots of concern from a credit quality perspective surrounding [non-Treasury] prime money market funds,"

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