Rates Macro Portfolio Manager
🗽 Rates Macro Portfolio Manager - $15bn+ Global Macro Hedge Fund | New York
Our client, a globally renowned $15bn+ hedge fund with deep roots in the macro space, is seeking an experienced Rates Macro Portfolio Manager to join their high‑performing New York team. This is a rare opportunity to join a platform that truly understands the nuances of macro investing - far beyond what most multi‑strategy environments offer.
🌎 Why This Fund Is Different
Unlike the majority of multi‑strat firms that apply a one‑size‑fits‑all risk framework across diverse strategies, this fund was built by macro investors, for macro investors. Their culture, risk infrastructure, and access to information are specifically calibrated for discretionary macro strategies, enabling PMs to take intelligent risk with conviction.
What sets them apart:
- A macro‑native risk culture - PMs are supported by a firm-wide understanding of curve dynamics, RV opportunities, cross‑market relationships, and event-driven macro trading.
- Sticky, long-term capital - The firm's investor base is designed to support multi‑cycle macro strategies, not chase quarterly returns.
- Exceptional PM retention - A track record of stability and career longevity due to strong alignment, transparent communication, and competitive economics.
- Deep research and data access - Institutional-quality macro intelligence that enhances idea generation and risk calibration.
💼 The Opportunity
The incoming PM will join an elite team of macro investors and receive a meaningful initial capital allocation, with the explicit mandate and structural support to scale toward $1bn+ over time.
Compensation & structure:
- Base salary plus potentially above-market PnL participation
- Significant starting book for immediate deployment
- High‑conviction risk limits aligned with macro strategies
- Infrastructure designed for speed, transparency, and collaboration
🎯 Ideal Candidate Profile
We are seeking a seasoned Rates Macro Portfolio Manager with:
- A Sharpe of 1.5+
- At least several years of independent PnL generation within global rates, STIRs, sovereign bonds, curves, or cross‑market macro
- A robust framework for risk management consistent with discretionary macro trading
- A track record of managing significant risk capital in institutional environments
- Ability to contribute to a collaborative team culture while maintaining full independence over the portfolio
📨 Apply
If you are a high‑performing Rates Macro PM looking for a platform that truly understands your strategy - and offers the capital, culture, and stability to scale - we'd be delighted to speak with you.
Please reach out to discuss in confidence.
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