Sullivan: Hedge fund industry tilts toward a mercenary P&L-driven model
Mark Sullivan · Mark Sullivan and Roberto Isch – Hedge Fund Investing at Wellington (EP.427) · Jan 16, 2025 · at 23:43
Mark Sullivan, senior managing director at Wellington Management, discusses talent retention and how external hedge fund compensation structures contrast with Wellington's collaborative partnership model.
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“A lot of the hedge fund industry tilts more towards what I would describe as a more mercenary model and ties to most of the compensation models are specifically a hundred percent formulaic based on your piano and not much else.”
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