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.

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