Funds & Investment Management · speciality monitor
Hedge Funds: lateral monitor
Lawyers whose work centers on Hedge Funds and who changed firm over the last 12 months, set against the Funds & Investment Management practice and the market.
The last 12 months: November 2025 to October 2026
- 46
- Lateral moves, 12 monthsNovember 2025 to October 2026
- +4.3%
- Year on yearSettled 12-month windows
- 65.2%
- Partner share of moves
- 33
- Firms that hired
What the data show
Sartori & Partners data show 46 lateral moves in Hedge Funds from November 2025 to October 2026. On settled 12-month windows the count showed no clear change: 49 against 47 (+4.3%). The market as a whole moved +9.0%, a similar pace.
| Measure | Here | Funds & Investment Management | Market |
|---|---|---|---|
| Partner share of moves | 65.2% | 36.7% | 27.7% |
| Counsel share of moves | 13.0% | 11.1% | 12.7% |
| Associate share of moves | 21.7% | 51.7% | 58.5% |
| Moved up a level | 10.9% | 11.4% | 12.9% |
| Changed city | 20.0% | 20.4% | 20.5% |
| Hired by firms of 1,000+ lawyers | 73.9% | 75.8% | 53.6% |
| Year on year | flat (+4.3%) | rose (+23.7%) | rose (+9.0%) |
12 months to October 2026 unless the row says three years; a row switches to three years for every column when this page's 12-month value is not published. A dash is a value we do not publish. Flat means a change under 5% or inside the noise of the two counts.
Set against the Funds & Investment Management practice as a whole, the associate share stands out most: 21.7% here against 51.7%, below it. Year on year it held flat while the Funds & Investment Management practice as a whole rose.
Over the three years to October 2026, 138 lawyers moved in Hedge Funds, 70 of them partners (50.7%). They joined 72 different firms. 10.9% stepped up a level on the move and 22.1% changed city, against 12.3% and 21.6% across the market over the same three years. 78.6% came from firms with 1,000+ lawyers.
- Partner65.2%
- Counsel13.0%
- Associate21.7%
This is a partner market: 65.2% of movers were partners, against 27.7% market-wide. A step up in title came with 10.9% of moves (market 12.9%).
- 1,000+ lawyers73.9%
- 400-999 lawyers15.2%
The 12-month firm table is below our naming threshold, so this part reads the three years to October 2026. 72 firms hired at least one lateral in Hedge Funds in the window. Ten firms account for 33.8% of arrivals, against 12.2% across the market: concentrated. First on the hiring table is Proskauer Rose, with arrivals in the 6-10 band.
- 1,000+ lawyers78.6%
- 400-999 lawyers14.3%
- under 150 lawyers4.0%
City figures here cover the three years to October 2026. New York ranks first among destination cities with 37.7% of arrivals. 20.0% of movers also changed city, against 20.5% market-wide.
There were 45 open roles in Hedge Funds on law-firm career pages on November 11, 2026.
With volume in Hedge Funds holding level, a hire depends on a specific reason to move, which a firm has to put in front of the candidate.
Firms by rank and band
Each firm appears as a rank and a band, never an exact count, and only with at least 10 moves in the window.
| Rank | Firm | Moves (band) |
|---|---|---|
| 1 | Proskauer Rose | 6-10 |
| 2 | Paul Hastings | 3-5 |
| 3 | DLA Piper | 3-5 |
| 4 | Maples Group | 3-5 |
| 5 | Greenberg Traurig | 3-5 |
| 6 | Akin, Gump, Strauss, Hauer & Feld | 3-5 |
| 7 | Alston & Bird | 3-5 |
| 8 | Simmons & Simmons | 3-5 |
| 9 | Reed Smith | 3-5 |
| 10 | Ashurst Perkins Coie | 3-5 |
Deals in Hedge Funds
Sartori & Partners data count 36 over the three years to October 2026.
By client industry, Asset Management & Funds comes first with 97.2%.
Kirkland & Ellis ranks first among advising firms over the period, in the 6-10 band.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Kirkland & Ellis | 6-10 |
| 2 | K & L Gates | 6-10 |
Time to partner in Hedge Funds
76 lawyers were promoted to partner in Hedge Funds over five years, according to Sartori & Partners data.
The median time from first year of practice to partner is 10.0 years, with the middle half between 9.0 years and 13.0 years, against a market median of 10.0 years. 73.8% made partner within 12 years.
These figures rest on 65 promotions.
Related monitors and reports
Other specialities in Funds & Investment Management
Hiring in this market
Edition November 2026. Window: November 2025 to October 2026. Source: Sartori & Partners, from public law-firm announcements, firm websites and professional profiles, checked monthly. Methodology. Spot an error? [email protected].
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