Relationship managers work for large investment banks and independent firms that provide prime brokerage and related services to hedge funds. There has been considerable industry consolidation in recent years. In 2015, six firms (Goldman Sachs, Morgan Stanley, J.P. Morgan, Credit Suisse, Deutsche Bank, and UBS) controlled about 77 percent of the market, according to Hedge Fund Alert. Other investment banks that have prominent prime brokerage departments include Bank of America, Citigroup, Barclays, BNP Paribas, Fidelity Investments, and Jefferies.
Vault partners with thousands of colleges, universities and academic institutions to provide students with FREE access to our premium content. To determine if your school is a partner, please enter your school email address below.