This week we talk to Ilana Weinstein, CEO of a hedge fund executive search firm IDW Group. The firm’s practice places seasoned hedge fund and business professionals in the investment landscape. She holds an MBA from Harvard Business School and a bachelor’s degree from the University of Pennsylvania.
We discuss the challenges of attracting and retaining top talent. She notes that what founders want is as much diversity of thought as possible, which leads to fewer errors in reasoning via different perspectives and more thinking outside the box.
Weinstein says “It’s binge eating.”
She describes what makes the job so difficult: “It’s pay-for-performance, market-to-market every day, and you know exactly where you stand with complete clarity every moment of the day.”
You can stream and download our full conversation, including all podcast extras, at Apple podcast, Spotify, Bloomberg, embroiderer, GoogleAnd Youtube. All of our previous podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Franklin Templeton CEO Jenny Johnson, which manages $1.5 trillion in client assets. She has been with FT since 1988 and has held senior positions in investment management, distribution, technology, operations and high net worth clients. Franklin Templeton oversees more than 9,000 employees and 1,300 investment professionals. Johnson is on the list of the most powerful women (Barron’s, Forbes, American Banker, etc.). She has been CEO since February 2020.
Ilana Weinstein’s favorite books
Countdown: Behind the scenes of 60 minutes by Ira Rosen
New York Kings by Adam Piore
The Undoing Project: a friendship that changed our minds by Michael Lewis
The bonfire of vanities by Tom Wolfe