Best Consumer & Retail Group
IB
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(Monkey, 43
Points)
on 4/28/11 at 1:58pm
Hey guys,
Haven't been able to find a discussion here on the best on the street for C&R.
What do you think?






I think GS (did J. Crew and
I think GS (did J. Crew and have heard they are tops) and C have pretty good consumer/retail groups. Centerview as well, and Peter J. Solomon on the boutique end of things (did Walgreens/Duane Reade and a bunch of others).
JPM is up there as well.
JPM is up there as well.
I've heard BAML is the best..
I've heard BAML is the best.. any truth?
I know BAML C&R has a
I know BAML C&R has a sweatshop rep, but not sure if its from dealflow or pitch-happy MDs.
GS is tops here
GS is tops here
slowslowquickquick wrote: I
I know BAML C&R has a sweatshop rep, but not sure if its from dealflow or pitch-happy MDs.
Interested in this group as well. Anyone know about the culture of the office?
JPM and Centerview have great
JPM and Centerview have great reps.
baml is horrible
baml is horrible
Isn't JPM C&R in Dallas?
Isn't JPM C&R in Dallas?
NickTheRichard wrote: Isn't
Isn't JPM C&R in Dallas?
No, they are in new york but part of the group sits in Dallas. It is not a regional office so much as it is a satellite office. Came to be via a MD's desire to live there.
SMD
I know BAML C&R has a sweatshop rep, but not sure if its from dealflow or pitch-happy MDs.
Interested in this group as well. Anyone know about the culture of the office?
I have a friend who met with this group for placement day at BAML. She said they all seemed like really cool people. She said they come from a lot of different backgrounds, and they always kept a smile on their face. She also told me they seem to get good PE recruiting and have "fat friday" every week where they pig out on something. Sounds pretty cool.
that sounds awesome. they
that sounds awesome. they have been getting good dealflow too.
bump.
bump.
slowslowquickquick wrote: I
I know BAML C&R has a sweatshop rep, but not sure if its from dealflow or pitch-happy MDs.
The answer is deal flow. They have league table leading IPO activity (25% market share with next closest competitor being 8%, and they have garner more market share for IPOs than the next 4 competitors combined). Everyone gets so hung up on M&A (which they still do really well in) but forget about equity/debt.
The group does have a sweat shop culture, though... I know some people that work there so feel free to PM if you have any questions...
1/2 of the WSO Bash Brothers
"Licensed to Ill It"
We all know Bro J did it...
On the BB side, Goldman and
On the BB side, Goldman and JPM are the best banks for consumer, and Barclays is the best for retail (they have a dedicated retail group that is seperate from their consumer group, which is mediocre at best). However, Centerview is better than all the above; their two founders, Blair Effron and Robert Pruzan are absolutely dominant in the space, have been for many years and are consistently on almost all the top deals. They did Del Monte, RalCorp, all those Pepsi deals; if it's Consumer, you name it, they're probably on it. Very few banks dominate a particular vertical the way Centerview dominates consumer, largely due to Blair and Robert.
Centerview was also one of