How is your deal flow right now?
From what I can see right now, anything in the upper middle market (and higher) is slow. The middle market and down is doing okay given private credit / financing availability paired with factors unique to those markets (like founders wanting to exit vs strategic transactions that more market centric). I feel like the market is now really starting to get dicey.
How are others doing? I've heard of some IB MDs with zero fee revenue.
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