User Info

Profile Completion

Subscriptions & Roles

  • Official Monkey
  • Certified User
  • Company DB Subscription
  • Annual Comp Report Access

User Tracker

Login / register to send Black Jack a private message.

Topics

Preview Replies Freshness
PE in IndiaHey All, Does anyone on here have experience with (or know someone who has experience with) private equity in India? Specifically wondering a few things, and I'm referencing mainly U.S. Megafunds and their Indian offices (Bain, KKR, Carlyle, Apax, Blackstone, Warburg, TPG all have them). 1... 10 4 months 2 weeks
Leaving Banking for HF JobsI'm sure this has been covered in previous threads, but I didn't see anything recent so figured I would start something new. I'm currently in a 2 year banking program a BB in a top group and have been recruiting for HF opportunities for the past few months. I've been fortunate enough to land... 14 11 months 2 days
Stock Pitch - price target hit before interviewThis may be a naïve question, but haven't done many stock pitches before (had an ER interview back in college that was about it), but you spend days and weeks crafting an investment thesis and coming up with a price target (in this case mine was ~25% above current stock price) only to find that in... 1 1 year 3 months
Levered FCF build- helpQuestion for anyone at the office right now, unsure why this is giving me a headache.... Building to levered fcf for a growth company to value their first manufacturing facility project. Taking out interest expenses and capex netted against the debt issued to fund the construction. During... 4 1 year 6 months
Thoughts on Converting 1 BR to 2Wasn't sure where to post this, but title says it all- looking for a new place in the city with my roommate, and we've found some really nice 1 BR places with very spacious living rooms that look like they would work for a convert. I'm guessing a fair amount of you have done/ are doing this, and... 1 1 year 12 months
Cities to visit with minimal travelCurrently on East Coast looking to plan a 5/6ish day vacation in June with my girlfriend. Because it is only for 5 or so days, not worth flying out to Europe or Asia (IMO), so would prefer to stay either N. America or Central America (basically maximum 5-6 hrs of flying and 2-3 hrs time difference... 29 2 years 2 weeks
More analysts staying on for third year, why? Was doing some thinking today, particularly around the issue of analyst retention with the new Goldman policy (and other firms having different policies- some hiring fewer analysts and more post MBA associates). Now I'm not sure if this applies to all the banks on the street, but at my firm 90% (a... 40 2 years 4 months
Black Jack's SA Recruiting Advice ThreadI made a thread last year around February after receiving my SA offer, walking through the steps I had taken that I thought made me successful throughout the process. I ended up signing with the firm I summered at and in the same group as well. Now that SA season is heating up (accelerated stuff... 15 2 years 6 months
Best "Culture" Groups on the StreetThis is just for fun- curious to get peoples opinions. Whether a specific group within a BB (from direct experience or experience working at that BB in another group) or maybe a boutique. Lets hear it. I know GS Healthcare is supposed to be pretty relaxed, and obviously most of us have heard... 40 2 years 6 months
PE Informal RecruitingHey All, Had a quick question regarding PE recruiting. For smaller firms (people wise, ie not MFs), is it appropriate to reach out to professionals at the firm that went to the same UG College/University (less looking at associates and more-so Principals/Partner level)? If these firms work... 6 2 years 8 months

Comments

Preview Replies Freshness
Mephistopheles: Analysts should not be working...[quote="Mephistopheles"]Analysts should not be working from home.[/quote] Not sure if this was a joke, but it's people like this that make investment banking culture (across many firms/groups) suck 29 2 months 2 weeks
Good guys - solid MM PE, but can leverage the...Good guys - solid MM PE, but can leverage the infrastructure of MS, which is a great benefit as compared with a traditional standalone MM firm. I really like the guys over there as well, so would say culture is quite strong (in my opinion). Don't hire a ton from internal MS, for better or for... 5 2 months 3 weeks
high hopes: EB associates are typically the...[quote="high hopes"]EB associates are typically the leftovers from those who couldn't get BB. Base number might only be true for Evercore or Moelis. Very hard to move up the ladder and much lower % of MDs are organically grown at EBs - most come / are poached from BB background.[/quote] This is... 7 2 months 3 weeks
Depends -- 1 thing to interview as a 2nd year...Depends -- 1 thing to interview as a 2nd year doing a 3 year program - Centerview, JPM, even GS (I guess theirs is not officially 3 yrs but you get the point), another to interview as a 2nd year at a firm that would require you to stay on an additional year. In the former, the argument of "I... 7 2 months 4 weeks
JustADude: Don't think one is necessarily...[quote="JustADude"]Don't think one is necessarily better than the other because PE and VC offer very different learning opportunities. VC is a lot more about in person meetings with entrepreneurs, attending events, relationship building, etc. You won't spend a ton of time on models because the... 9 3 months 2 weeks
Please don't give false information on here and...Please don't give false information on here and lead people astray. Grosvenor is a FoF (I believe both HF and PE). The pay will be decent, but again, in line with other FoF not pure play HF or PE. If you were to become a full time analyst, it would pay decent and likely have a solid lifestyle,... 3 4 months 4 days
Yea, not sure where that misconception came from...Yea, not sure where that misconception came from -- Crestview 1st year associates making 400k+ etc. Maybe it has changed in the last year (though I have seen posts like that for the past 2 years), but I can confirm the number I cited above 7 4 months 1 week
Depends where in Asia..that salary is going to go...Depends where in Asia..that salary is going to go much further in Mainland China / India then in HK or Singapore. 4 4 months 1 week
Great MM shop, though as mentioned, they tend to...Great MM shop, though as mentioned, they tend to be pretty particular about their hires (MS/GS / I believe possibly McKinsey in the last year). Their process for recruiting tends to be a bit later and is more drawn out (spans 2-3 weeks and begins in the middle/end of week 1 of the official process... 7 4 months 1 week
Below said it well, but I think this is much less...Below said it well, but I think this is much less true with infra. Pension funds do almost all direct investing, and for all intent and purpose are pure play infra funds in the space. So in this case you'd be going more than likely to a competitor / someone they would be in a bidding process... 6 4 months 1 week
WallStreet Prep Master Financial Modeling