Infrastructure/Power/Utilities

I was just wondering how this group compares with other groups at banks in terms of exit opportunities, team culture, deal flow and any other miscellaneous factors that I may have forgotten

 

You'll gain excellent modelling skills, good for infra fund (obviously). Other than that your questions are dependent on bank.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Best Response

Can speak of European dealflow and league tables. Citi is on top of the league tables with JPM and GS. You gain deep modelling skills and many times transactions are asset based (wind farms, transmission lines, specific plants)

Heavy hours, loads of regulation, different remuneration schemes for each country and for each technology (wind, solar, hydro...) . Resuming you get in depth exposure to modelling but expect heavy hours in doing so.

Exit Opps: There a megafunds who invest solely in utilities/renewables/infra.

 

Infrastructure funds (assuming obama can get his shit together, it'll heat up considerably), power/energy focused pe shops. Some larger buyout firms also have sub-groups that cover these things so it's completely plausible to do that as well. I've also seen a few guys (analysts and associates) roll over to HFs but I think PE is a bit more likely.

 
jasper90:

update?

WSO record - 6+ yr thread revived by jasper90 - I'll throw in an SB for his incredible accomplishment

"so i herd u liek mudkipz" - sum kid "I'd watergun the **** outta that." - Kassad
 
Shaniqua:
CS and UBS (now Citi)= Sweatshops. Barclays, BAML, Tudor= Good culture. JP Morgan pretty good although a few more tools than the other places.

Where do you get that they are sweatshops?

 

wtf does this mean when people say great culture? thats so vague - yeah great maybe based on your personality but i dont know shit about you. please elaborate for future reference. that is all.

People tend to think life is a race with other people. They don't realize that every moment they spend sprinting towards the finish line is a moment they lose permanently, and a moment closer to their death.
 
thewallaby:
wtf does this mean when people say great culture? thats so vague - yeah great maybe based on your personality but i dont know shit about you. please elaborate for future reference. that is all.

I know, right!?! That's my freaking biggest pet peeve on WSO. If you're going to comment, go ahead and support your assertion at least a little. Just sayin'.

 

I'm going to try and revive this to get some real information. I would enjoy hearing about hrs, scoial aspects, relationship between analysts/associates, and anything someone thinks is useful.

On a side note, does any know about some of the smaller shops (TudorPickering, Simmons, etc...)

Please and thank you.

"Now watch this drive." -W.
 

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