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One of the hedge fund world’s most powerful women does not run money

Headhunter Ilana Weinstein on why there are so few women at the top of the industry, and what makes a good job candidate

One of the hedge fund world’s most powerful women does not run money
Photo: Michael Bucher/The Wall Street Journal

In the overwhelmingly male world of hedge funds, Ilana Weinstein is one of the most powerful women. But Weinstein doesn’t manage money. Instead, she scouts the people who do.

Her firm, the IDW Group, headhunts for hedge funds. At a charity gala honouring Weinstein this spring, billionaire investor Steve Cohen nodded to Weinstein’s influence in his industry’s talent wars with a toast.

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