About this Advisor: for People Hedge Funds Call Back (Consulting, Equity Only) role at Mercata
About the job
You'd advise the CEO directly: a monthly call where your job is to tell him where he's wrong, plus make warm introductions to people at funds you think we should be talking to. Expect to make about five introductions a month, more in the first month as we get going. We care far more about talking to the right five than a bigger number of intros. A few hours a month. NOTE: this is a contract consulting role, not a part time employment role.
We believe the fundamental investing firms of the future will run on data infrastructure and workflow tools built for how they actually work. The payoff is sharper thinking, more coverage per analyst, and ultimately more alpha. We built Mercata inside a $600M long/short that has paid for it in production since April, and that fund's COO and CIO also invested in the company directly. We're looking for advisors who hold the same level of conviction about the future.
About Mercata
Mercata is a hedge fund's brain. Fundamental investing hedge funds are full of brilliant people who can't remember what they know when it counts, so we built the firm's memory: not just the records like an RMS, but the reasoning that produced them - the debates, the objections, the names the team passed on - all of it linked to the filings, news, and market data moving every day. The memo keeps the decision; Mercata keeps what produced it. Because it sits in the research flow, every question the team asks becomes part of the firm's memory, and the longer it runs, the smarter the firm becomes. Everything it says is citable back to a source. Think of it as the tireless associate who has been in every meeting, hears everything, and forgets nothing.
Requirements
- 10 years of experience as a COO, CIO, or PM inside a $500M+ fundamental investing hedge fund
- A network of COOs and CIOs at established $50M-$2B funds who are likely to take your calls
- Unrestricted from working with Mercata. Independent, retired, or running your own shop.
- Genuine conviction that the fundamental investing firms of the future will run on infrastructure like this
Benefits
Equity: a meaningful advisor grant vesting monthly over two years. Exact numbers on the first call.
This is not an employment role and as such, there are no employee benefits offered.