With institutionalization, regulation and enforcement as basic a part of hedge fund life as breathing is for humans, many firms have hired between one and five lawyer and other compliance staff this year, either for new roles or to replace departing staffers.
But so far in 2016, only a few hired more than a half dozen. And only one has hired at least a dozen lawyer and other compliance employees, according to a recent HFObserver survey of functional role hiring trends.
Meanwhile, the biggest hirers have sated their thirst for such talent by going after a different mix of talent pools.
Stamford, CT–based Point72 Asset Management led all firms with at least a dozen lawyer and other compliance hires....
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