Advising Sell-side vs Buy-side on an LBO
As an incoming IBD analyst, I was wondering if someone who has worked FT in IBD could provide some insight into this topic.
Which side of a transaction where a PE-firm acquires a company in an LBO is it more beneficial to be on in terms of booked fee, type of work you do (both at the junior and senior levels) etc? Would I be mistaken in believing that, as a junior, in terms of PE exit-ops, it would be more beneficial to advise the buy-side due to better networking opportunities?
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