PM Recruitment – Militia Capital

Militia Capital is looking for elite emerging portfolio managers:

1.5+ daily Sharpe
High alpha (25%+ annualized if levered, 10%+ if unlevered)
At least 100 bet sample size, where stocks in the same factor are considered a single bet
Minimal catastrophic tail risk

We do not care about your formal education or work experience. We only care about your real-money results and sample size of bets. We do not back people based on hypothetical results.

How it works:

You will begin with $5 million. This will ramp up fast with strong performance. You will be paid 15% of your individual PnL over the risk free rate, crystalized yearly.

You will be paid with carried interest rather than ordinary income.

After three years, you become a full partner and earn 90% of your fair share of the fund’s overall performance fee. Militia’s performance fee is 25% of PnL over the risk free rate. Example: There are 5 partner PMs. The fund earns a $25 million performance fee. 90% of this is $22.5 million. You would earn 1/5th of that, or $4.5 million.

You will not be responsible for operations or raising money.

We do not have a set, tight stop loss like pod shops.

Either party can end the agreement immediately for any reason. That said, Militia Capital intends to build lifelong relationships and understands that partners will sometimes have a rough year.

If you’re a reasonable fit, please send your live track record to info@militiacapital.com