IB Coverage to Distressed Shops?

Hey guys, I'm joining a traditional BB industry group after graduation. I want to recruit for distressed shops such as Oaktree, APO, and the likes as I am more interested in these strategies than vanilla PE. I understand these teams recruit from Rx and generalist IB groups. What's the best way to position myself to get these interviews and succeed in them coming from an industry group once I start recruiting?

 

sj592, shame nobody has responded. Maybe one of these topics will help:

  • Direct Lending--> Distressed/Special Situations Investing Hey guys, I've been interested in distressed / special situations investing for over a year ... ultimate long term goal is to work for a distressed / special sits fund. My main questions are: How ... now, did an RX banking internship this last summer and didn't get a return offer, decided to ...
  • charged with a felony, can be hired by Morgan Stanley or other I.Bank on the application they ask me if i even been charged with felony. I know that i have to check yes, ... I HAVE TO SUBMIT MY FILLED OUT FORMS VERY SOON, Morgan Stanley criminal record ...
  • AMA- IB Coverage / M&A From Non-Target School to Tier 1 Bulge Bracket and M&A Boutique memory for wanting to break into Investment Banking. Once full-time I moved to a truly global bulge ... East and West Coast Banking Experience breaking into IB boutique investment bank breaking into wall ... engineering than for business and finance. I had to work my way into a 2nd-tier bulge bracket bank that is ...
  • I-Banking Brainteasers Qs can you determine which switch controls which light bulb? 4. Four investment bankers need to cross ... those. 1. How many quarters would it take to make a stack from the floor of this room to the ceiling? ... opportunity to switch envelope choices. Should you switch? http://www.ibankingfaq.com/interviewing- ...
  • I-Banking Interview Last Minute Advice for an associate in the investment banking division at one of the bulge bracket firms. (This is my ... as well to help me out in this. Thanks for your time. engineering banking interview advice 1st year ... first ib interview) Honestly, I am surprised that I even was considered. Even though I am fairly clear ...
  • Best route to distressed HF/ special sits fund? Obvious way is to do RX at a bank, but at this point it's too late. I got a couple interviews ... to get middle market IB as well; I've had a bunch so far, one scheduled now, and I think I can ... 3-4 options that I have a realistic chance of getting. My experience leans heavily to L/S equity, and ...
  • Distressed debt / special sits investing- On the job job 4) Is there a real difference between distressed debt and special sits investing? I feel like some ... Monarch and KKR / BX / Oaktree special sits type investing roles? Thanks a lot! ... Hi there, I am currently in the process of making up my mind regarding post-IB analyst ...
  • Paid Hedge Fund Internship vs. Unpaid I-bank internship little (small stipend at end). The i-bank one guarantees that I will be able to work on some live deals ... EDIT: Wanted to mention that I'm pretty committed to doing IB next year, and that I'm at an ... Hi guys, I just wanted to get your opinion on this. I'm a college sophomore and have two ...
  • More suggestions...

I hope those threads give you a bit more insight.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Omnis et molestiae voluptates tempore quae ex rerum. Natus temporibus aliquam sint doloribus aliquid libero cupiditate. Ad corrupti sit qui excepturi inventore autem.

Sit ex corrupti blanditiis modi dignissimos earum. Rerum rerum et velit necessitatibus consequatur minus. Aut quia velit quae cupiditate laudantium. Qui a eius a consequatur perspiciatis quas. Et fugiat blanditiis alias tempore explicabo ipsam dolor veniam. Omnis officiis voluptate fugit cumque excepturi voluptatem sapiente quibusdam.

Quae eos nisi aut tempora vel. Sint nostrum accusamus qui. Omnis dolores vitae tempore eligendi sequi fugiat et. Maxime quis cupiditate autem suscipit.

Vel recusandae mollitia et. Nisi sapiente ducimus ipsam rerum consequuntur ea itaque. Aliquam tempora iusto deserunt nobis qui dolorem id. Molestiae ex debitis rerum possimus molestiae est voluptas. Sit sed ea odit et quia tempore tenetur.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (207) $268
  • 1st Year Associate (388) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (315) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”