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Entry Level Hedge Fund Analyst Jobs (NOW HIRING)

Fund Reporting - Analyst

Greenwich, CT · On-site +1

$70K - $90K/yr

About the Role iCapital is looking for an Analyst to join the Fund Reporting team. This individual ... Review the monthly hedge fund fact card reporting. * Draft wording for capital call and ...

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How much do entry level hedge fund analyst jobs pay per hour?

As of Jul 2, 2026, the average hourly pay for entry level hedge fund analyst in the United States is $38.63, according to ZipRecruiter salary data. Most workers in this role earn between $25.96 and $48.32 per hour, depending on experience, location, and employer.

What are some common challenges faced by entry level hedge fund analysts during their first year?

Entry level hedge fund analysts often face a steep learning curve as they adapt to the fast-paced environment and high expectations for accuracy and insight. Balancing multiple tasks such as financial modeling, market research, and report preparation under tight deadlines can be challenging. Additionally, analysts must quickly develop strong communication and collaboration skills to effectively support senior analysts and portfolio managers. Seeking feedback, being proactive in learning, and managing time efficiently are key strategies for overcoming these initial hurdles.

What is the difference between Entry Level Hedge Fund Analyst vs Investment Banking Analyst?

AspectEntry Level Hedge Fund AnalystInvestment Banking Analyst
Required CredentialsBachelor's degree, often in finance, economics, or related fields; CFA preferred but not mandatoryBachelor's degree, typically in finance, economics, or business; CFA optional
Work EnvironmentFast-paced, research-focused, often small teams, with a focus on investment strategiesHigh-pressure, client-facing, long hours, focused on deal execution and financial modeling
Employer & Industry UsageHedge funds, asset management firms, private equityInvestment banks, financial advisory firms, mergers & acquisitions

While both roles require strong analytical skills and finance knowledge, Entry Level Hedge Fund Analysts focus on investment research and portfolio strategies, whereas Investment Banking Analysts primarily handle deal structuring and financial modeling for transactions. The work environment and career paths differ, but both serve as foundational roles in finance.

What are the key skills and qualifications needed to thrive as an Entry Level Hedge Fund Analyst, and why are they important?

To thrive as an Entry Level Hedge Fund Analyst, you need a strong foundation in finance, quantitative analysis, and a relevant degree such as finance, economics, or mathematics. Familiarity with financial modeling tools like Excel, Bloomberg Terminal, and programming languages such as Python or R is often required. Exceptional attention to detail, analytical thinking, and strong communication skills help analysts interpret data and present findings clearly. These abilities are crucial for making informed investment decisions and supporting the fund's overall performance.

How much do first year hedge fund analysts make?

First-year hedge fund analysts typically earn between $70,000 and $150,000 annually, depending on the firm size, location, and performance bonuses. Compensation often includes base salary, bonuses, and sometimes profit-sharing, with strong analytical skills and relevant internships increasing earning potential.

What are entry level jobs at hedge funds?

Entry level jobs at hedge funds typically include roles such as analyst or research associate, where individuals support investment teams by conducting market research, financial analysis, and data modeling. These positions often require strong analytical skills, proficiency in Excel and financial software, and a bachelor's degree in finance, economics, or related fields.

How to get a job at a hedge fund with no experience?

Entry level hedge fund analyst roles typically require some understanding of finance, investing, or data analysis. Candidates can improve their chances by gaining relevant skills through online courses, internships, or certifications like the CFA Level I, and by demonstrating strong analytical and quantitative abilities during the application process.

Do hedge funds hire entry level?

Entry level hedge fund analyst positions are available, but they are competitive and often require strong academic backgrounds, relevant internships, and analytical skills. Many firms prefer candidates with a finance or related degree and proficiency in tools like Excel and Bloomberg Terminal.

What does an entry level hedge fund analyst do?

An entry level hedge fund analyst is responsible for supporting senior analysts and portfolio managers by conducting research, analyzing financial statements, building financial models, and monitoring market trends. Their duties often include gathering and interpreting data on companies, industries, or assets, and preparing reports to help inform investment decisions. This role is a starting point for a career in finance and provides valuable exposure to the world of investing, asset management, and financial markets.
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What cities are hiring for Entry Level Hedge Fund Analyst jobs? Cities with the most Entry Level Hedge Fund Analyst job openings:
What are the most commonly searched types of Hedge Fund Analyst jobs? The most popular types of Hedge Fund Analyst jobs are:
What states have the most Entry Level Hedge Fund Analyst jobs? States with the most job openings for Entry Level Hedge Fund Analyst jobs include:
What job categories do people searching Entry Level Hedge Fund Analyst jobs look for? The top searched job categories for Entry Level Hedge Fund Analyst jobs are:
Infographic showing various Entry Level Hedge Fund Analyst job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $80,350 per year, or $38.6 per hour.
Fund Reporting - Analyst

Fund Reporting - Analyst

iCapital

Greenwich, CT • On-site, Remote

$70K - $90K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago


Job description

About the Role

iCapital is looking for an Analyst to join the Fund Reporting team. This individual will be responsible for the preparation and distribution of investor communications, with an emphasis on client fund level reports for private equity fund-of-funds, feeder funds, and monthly hedge fund reporting for private clients.  This individual will have constant interaction with industry leading wirehouses, as well as investment and accounting professionals at the underlying private equity funds and hedge funds.

 

Responsibilities

  • Work on a team of investment professionals who are responsible for the preparation and review of quarterly fund level client reporting with respect to private equity, real estate, secondary, and credit fund-of-funds and feeder funds currently under management.
  • Review, digest, and extract information from the reports provided by the underlying private equity sponsors and draft the relevant information to be included in the client quarterly performance updates.
  • Prepare, analyze, and review quantitative fund and portfolio company performance information for inclusion in the reports.
  • Liaise with administrators to determine correct quantitative data for reporting purposes and understand portfolio company performance and fund valuation drivers.
  • Coordinate internal compliance review and approvals.
  • Ensure timely distribution of reports to clients and relationship managers.
  • Review the monthly hedge fund fact card reporting.
  • Draft wording for capital call and distribution notices to investors.
  • Maintain communication with underlying financial sponsors regarding portfolio company activities and their impact on valuation.
  • Coordinate periodic investment portfolio and valuation reviews with other members of the team.
  • Serve as the private equity product specialist in connection with requests for information from relationship managers and clients (i.e. regarding fund performance, capital calls, and other fund-related activities) as well as fund performance update meetings.

Qualifications

  • 0-2 years of experience, preferably with hedge funds, private equity, or real estate industry or recent graduate with relevant experience
  • Previous experience in report writing, investor communications, and business writing skills are preferred
  • Motivated, detail-oriented, and must be able to independently solve problems
  • Microsoft office skills required (Word, Excel, PowerPoint). Strong knowledge of Excel with experience of manipulation and presentation of data
  • Strong communication skills are essential
  • Able to handle multiple tasks and prioritize assignments with excellent time management skills
  • Proactive team player with positive attitude, willingness to roll up one's sleeves and get the job done, and a desire to work in a fast-moving entrepreneurial environment

Benefits

The base salary range for this role is $70,000 to $90,000.  iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.