Goldman PSI Group

Hi all,

I would like to learn more about Goldman's PSI group. I saw another thread that provided a great, detailed overview of the group, so in an effort not to create a redundant thread here, I outlined my specific questions below.

I understand GS PSI is essentially a municipal financing IB group. Given the sector the group covers, I hear LBO and M&A exposure is virtually non-existent, that most deals are financing deals. Is this in fact true? Or do M&A and LBO deals still occasionally trickle down the pipeline? Just wondering.

In comparison to an industry-specific Capital Markets Group, would PSI, given that it is still an industry coverage group at GS, provide more traditional coverage banking exit opps? Or, if the industry-specific capital markets groups focuses on an industry like FIG, where GS has a very strong presence, would this lead to there subsequently being a stronger deal flow in the financing group given that its coverage counterpart is very good? (And thus perhaps a wiser choice, for the sake of deal experience, than PSI?)

I am not looking to hear stories of prestige - just some honest input on what a good path to take may be given that both groups are very different and may each lend a different set of exit opps.

Would greatly appreciate an input as soon as possible.

Thanks in advance.