About the Fund

Founded in 1996

HFAC’s fund is the largest and oldest student-run hedge fund recognized on campus. As of December 27, 2024, Senior Investment Research (SIR) manages approximately $105,000 in assets employed exclusively in a long-short equity strategy. We maintain a concentrated book of 5-10 positions, each with a 12-24 month time horizon, and target 60-90% net exposure.

Members are selected among graduates of HFAC comp through a highly competitive process, yielding a 2.7% acceptance rate. SIR maintains an active membership of approximately 20-25 students across all class years.

The fund’s returns have beat the S&P500 by an average of 8.4% over the last 5 years. Over the last two years, the fund has outperformed the S&P500 by 19.1% on an IRR basis.

The SIR Experience

  • Analysts receive access to materials worth a substantial annual subscription value for free.

    Subscriptions:

    1. Business publications,

    2. Recruiting materials and practice questions, and

    3. Buy-side research platforms and tooling.

  • $12,000+ in pitch comp winnings in Fall 2024 and 10+ national and international pitch comp placements since 2023.

    Highlights:

    • 2024

      • 2nd: Point72 National Case Comp

        • Additional Finalist (Top 8) Team

      • 2nd: Oxford Alpha Fund Pitch Competition

      • Top 3: Farallon Stock Pitch Compeition

    • 2023

      • 1st: Farallon Stock Pitch Competition

      • 2nd: Fundamental Edge x WITG Stock Pitch Competition

      • 2nd: Isenberg Stock Pitch Competition

      • 2nd: Oxford Alpha Fund Pitch Competition

  • Complete a rigorous training program with your cohort refined by upperclassmen to teach a nuanced view of the most modern methods on the Street.

    Components:

    1. Investment Case Studies

    2. Key Drivers and Debates

    3. Modeling Exercises

  • Participate in nearly biweekly social events and group merchandise. Visit the offices of leading buy-side firms, receive priority access to coffee chats and first-round interviews, and network with graduated SIR alum.

    Highlights:

    1. Topgolf

    2. Mid-Point Dinners

    3. Quarter Zips

    4. Exclusive Events with Blackstone, J.P. Morgan, Morgan Stanley, Insight Partners, and more

    5. Exclusive Firm Visits in Boston and NYC

Our Members

Meena Behringer

Dev Madhavani

Neil Behl

Andrew Dong

Max Huang

Kelly Gildea

Jackson Deutch

Aiden Pearl

Daniel Zhao

Vivian Zhu

Cole Simon

Finán Gammell

Lou Munger

Junze Sun

Rhea Werner

Adrian Maydanich

Daniella Biblin

Kendall Wu

Nicky Liu

Jaden Lee

Sriyutha Morishetty

Kah Shuen Gan

Nate Shuman

Tony Liu

Jackson Rosenhek

Mark Li

Melissa Yuan

Seb Valasek

David Jiang

Emma Leifer

Julia Bae

Kieran Corr

Alina Du

Annual Reports

Detailing fund performance, as well as organization-wide updates.