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neutralnuke's picture

Clean Tech IB

by neutralnuke (Baboon, 102 Banana Points Points) on 9/5/08 at 9:54pm
Clean Tech IB

So I just wanted to know everyone's thoughts on clean energy-related IB. Most clean-energy companies are small now but, imo, will be huge in the future.
I think there will be a massive clean tech boom similar to the dotcom boom but it will be more sustainable (pardon the pun).

Just wanted to hear you guys say something about your outlook on this industry and how a prospective might try orienting his/her IB career around it.

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banking_monkey's picture

morgan stanley

by banking_monkey (Chimp, 6 Banana Points Points) on 9/6/08 at 12:26am

if you want clean tech, go with morgan stanley's tech practice in menlo park. MS is one of the top 2 firms competing in the tech space (with GS), and morgan stanley is one of the pioneers breaking into clean tech, with recent deals like Miasole's large private placement. doubt youll find a lot of clean tech elsewhere

neutralnuke's picture

thanks for the info.

by neutralnuke (Baboon, 102 Banana Points Points) on 9/6/08 at 1:26pm

thanks for the info. banking_monkey.

Which group in GS does clean tech deals? TMT?

banking_monkey's picture

i'm not sure if GS does a

by banking_monkey (Chimp, 6 Banana Points Points) on 9/6/08 at 4:24pm

i'm not sure if GS does a lot of clean tech deals yet. when I mentioned them, I was referring to their reputation along with MS for tech as a whole.

But yes- if they do deals, it would be the TMT group, which is equally split as far as I understand between SF and NY (probably with SF being more "T" focused and, as a result, more clean tech focused)

partyingtoohard's picture

Uh, I think you're wrong bm.

by partyingtoohard (Monkey, 58 Banana Points Points) on 9/6/08 at 5:05pm

Uh, I think you're wrong bm. The Energy group at MS is the one that actively participates in the cleantech sector, as evidenced by MS Energy's equity stake in a few cleantech-focused VCs. MS Tech M&A in Menlo solely does traditional tech deals (software, semiconductors, some web 2.0). The pure execution of cleantech deals is done in the energy group.

banking_monkey's picture

uh, i think you don't know

by banking_monkey (Chimp, 6 Banana Points Points) on 9/7/08 at 12:49am

uh, i think you don't know what you're talking about ("as evidenced" by your post asking what tech M&A is). I don't know what you mean when you refer to MS Energy, maybe the houston group does some clean tech, although most is out of Menlo Park. but it seems like you're referring to some MS buy side fund which has nothing to do with executing deals besides its own purchases.

and why are you talking about M&A? they do M&A deals, but i just mentioned a private placement which clearly is not M&A.