mm

So in the past, when I have gotten the "what other banks are you applying to" questions, I have been completely honest with my interviewers. I had a superday with a top MM bank in IB, and have a superday coming up with a top BB for IB on Tuesday. At my MM superday, I was honest, said I was applying a number of places, including the name of the top BB. I thought the interviews went great, felt good that I was going to get the offer, but then didn't. I now feel as though I screwed myself by not just lying and saying I was applying to some smaller places but that they were clearly number one, but thats besides the point.

Now what do I say in my BB interview when I get that question, and I have now been rejected in the other Superday that I had (I am still waiting to hear on some S&T positions)? What do you think?

I was wondering if an unpaid analyst position (intern) at a decent Middle Market PE shop where you get to work closely with the firm's founders is worth it. The firm specializes in real estate and hospitality acquisitions and is rather small. The founders have extremely impressive backgrounds (H/W/S undergrad and MBA) plus top BB IBD experience (GS TMT/MS M&A) and top private equity experience at Blackstone/Carlyle/KKR. I was thinking if nothing than for the connections and contacts you could build, it might be worth it.

Any thoughts?

Do many middle market shops get into small leveraged finance deals? I'm looking for a list of 5-6 banks. Any help would be appreciated.

TTH7