About the Fund
Founded in 1996
HFAC’s fund is the largest and oldest student-run hedge fund recognized on campus. Senior Investment Research (SIR) manages approximately $100,000 in assets employed in a long-short equity strategy. We maintain a concentrated book of 5-10 positions, each with a 12-48 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.
Applications for Fall 2026 SIR are now Closed.
*Open to comp graduates
Analysts will be led by experienced SIR Directors in pitching potential investments for the fund and will receive comprehensive training and recruitment guidance. We welcome (and encourage) all experience levels to apply.
For more details on the fund and the application process, please join us at our info session on Thursday, 9/3 at 5:30 pm in the Lamont Forum Room.
The SIR Experience
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Analysts receive access to materials worth a substantial annual subscription value for free.
Subscriptions:
Business publications,
Recruiting materials and practice questions, and
Buy-side research platforms and tooling.
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$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
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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:
Investment Case Studies
Key Drivers and Debates
Modeling Exercises
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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:
Topgolf
Mid-Point Dinners
Quarter Zips
Exclusive Events with Blackstone, J.P. Morgan, Morgan Stanley, Insight Partners, and more
Exclusive Firm Visits in Boston and NYC
Our Members
Meena Behringer
Dev Madhavani
Neil Behl
Daniel Zhao
Vivian Zhu
Jaden Lee
Andrew Dong
Kendall Wu
Tony Liu
Saahi Reddy
Julia Bae
Jason Hu
Max Huang
Daniella Biblin
David Jiang
Lou Munger
Sriyutha Morishetty
Melissa Yuan
Kelly Gildea
Kah Shuen Gan
Jackson Deutch
Sarah Jiang
Alina Du
Nicky Liu
Aiden Pearl
Quinn Thomson
Junze Sun
Rhea Werner
Jackson Rosenhek
Finan Gammell
Annual Reports
Detailing fund performance, as well as organization-wide updates.