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The primary group is based out of Menlo and works under the rain made by Michael Grimes. Hours are challenging, and the tightly-run recruiting process yields a crop of eager and sharp analysts who haven't ever complained about the lifestyle. Accordingly, seniors don't have much respect for juniors' lifestyle and that leads to a sweatshoppy environment. It isn't noxious, toxic, or not collegial, but it isn't an easy experience.

There's also a small group in New York. It's top-heavy, and the culture there is not favorable.

JPM TMT in New York is overwhelmingly telecom. They recently (mid 2014) lost their head of media, Digger Granville, who went to A&E as CFO. I've heard that dealflow in that vertical has fallen off notably, though they did get the MSG asset sale. Telecom is still very strong; you can see their league table rankings.

Qatalyst is a firm you should look into if you're open to the West Coast. The analyst experience is strong (Quattrone is mentioned in the same breath as Grimes), and though the exits are varied, that's more a function of the varied caliber of the analyst class. If you're there, you can get in front of people at fantastic tech funds on both the public and private side.

I am permanently behind on PMs, it's not personal.
 

He worked hand in glove with Boutros for decades. Not much will change. Boutros was really the M&A star anyway; not that Frank isn't, but he really is a relationship guy and a management guy whose role was being the public face of a tight-knit team (that's stayed largely intact at the senior level across those decades).

He doesn't need to be CEO to continue to do leverage his relationships to win them dealflow. He's simply ceding some management duties so he at some point can start to reclaim a bit of his life.

I am permanently behind on PMs, it's not personal.
 

From my experience networking as well as from friends in the aforementioned groups, here is what I have heard. JPM is an absolute sweatshop. They are understaffed and the only lifestyle moves they have made are a window on Friday from 6pm to Saturday at 12pm where they can't be called into the office. MS Tech is hyper-competitive (nearly all Analysts are Wharton or Berkeley) and you will be worked hard in the boring hell-hole that is Menlo Park. GS Tech is very similar. DB is very fratty and the hours are reasonable. Lifestyle-wise I would say that is is the best of the groups that you listed. Barclays is looking like shit (SA's might not even be able to get return offers) and I cannot comment on CS.

 

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