Financial Sponsors & Leveraged Finance Group
I was recently informed of my group placement for my upcoming internship at UBS HK. Although I originally wanted M&A, I'm trying to cope with my current placement in FSLF. Analysts I've spoken to in the FSLF group noted that they pretty much only do modeling. Although I certainly wanted to learn and excel in modeling through my internship, I'm now afraid that modeling is all that I will learn.
Do summer analysts in FSLF typically get client exposure when compared to interns at other groups? What're some good aspects of working in FSLF? I really want to not only be content with my placement, but be happy with it, in order to start day 1 with the right mentality. However, I'm having a difficult time with this process. People I've spoken to in M&A sounded so much more excited with their work (traveling, working with clients, dynamic atmosphere, etc.)...
It would be preferred if responses are tailored towards UBS and Hong Kong, but general answers regarding FSLF at other companies and locations are also appreciated.





UBS FSLF in nyc is a great
UBS FSLF in nyc is a great group, and the people I have met were very nice too. FT's had offers to go to top PE shops. Plenty of client exposure. I'm sure they are a solid group in HK as well, but cannot speak from personal experience.
As far as your situation, I would look at it this way, if you perform well in your summer role, UBS will probably not want to let you go. Network well, and Im sure you can get your (potential) FT offer changed into one for the M&A group. Once you start work this summer, make an effort to meet people in the M&A group, and show them how interested you are. Of course don't just bash the FSLF group in front of people, because that will get you no FT offer at all. Perform very well in the FSLF group, and I'm sure you will get into the M&A group. Best of luck, and congrats on the placement.