What a Hedge-Fund Managing Director’s Assistant Buys for Her Boss

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What a Hedge-Fund Managing Director’s Assistant Buys for Her Boss
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What does a $100,000 yearly gifting budget get you at a New York City hedge fund?

is a bit of a catchall term. Sure, assistants schedule meetings, take notes, and retrieve coffee, but they can also act as a quasi concierge, sending fruit baskets to top clients and buying gifts for partners.

In an effort to unearth the highly specific material needs of powerful people, we sat down with “Sukie,” a career executive assistant who was, until recently, the right hand to a New York City hedge-fund managing director. We spoke with Sukie about bimonthly bouquets, gift certificates to a chic underground spa, and $400 Tiffany cups meant to resemble paper ones.Sukie worked with a $100,000 yearly gifting budget described by her company as a “morale fund.

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