BAML Chicago Intel?

Hi all,

Does anyone have any intel on the BAML office in Chicago, specifically if they have an M&A group and if so, what their deal flow is like?

Any info would be appreciated.
Thanks!

27 Comments
 

To add to peinvestor's comment, Consumer and Industrials out of Chicago. Part of consumer team was working on Heinz deal. Haven't heard much else out of the office.

There's a post about the top BBs in Chicago on WSO somewhere.

 

The M&A group is housed in NY, with a Tech M&A group in Palo Alto. Industrials and C&R coverage sit in Chicago. Dealflow is fairly solid in both groups, though due to headcount constraints some projects are cross-staffed with NY analysts.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
AsianMonky

Interested in PE placement for Chicago BAML analysts - anyone have an idea?

They've placed a few at GTCR over the past several years.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
Best Response
AsianMonky NorthSider:

AsianMonky:
Interested in PE placement for Chicago BAML analysts - anyone have an idea?

They've placed a few at GTCR over the past several years.

So relatively similar opportunities as NYC mid-tier BB analysts I'm assuming? Or are they limited to Chicago/Midwest area just like the analysts from MM firms in Chicago would be?

Chicago analysts are going to have a tough time finding upper-MM & MF PE opportunities in NY, if that's what you're getting at. I don't know why you'd go FT in Chicago if your goal wasn't to be in Chicago long-term. It happens, but it's infrequent enough that I wouldn't be staking your career on it.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 
DiggsRTC

Curious about the difference in pay vs. NYC. Is there any real fluctuation other than an adjustment for cost of living?

There's no adjustment for the cost of living. Pay at regional offices is on par with NYC, provided the group performs decently.

"For all the tribulations in our lives, for all the troubles that remain in the world, the decline of violence is an accomplishment we can savor, and an impetus to cherish the forces of civilization and enlightenment that made it possible."
 

135 South LaSalle Street Chicago, IL 60603 (312) 696-7544

Future tip... When trying to find an address/phone#, open google maps, zoom into the city, type the name of the bank, then hover over the corresponding balloons.

Also, LaSalle Street is basically the Wall Street of Chicago.

 
BTbanker135 South LaSalle Street Chicago, IL 60603 (312) 696-7544

Future tip... When trying to find an address/phone#, open google maps, zoom into the city, type the name of the bank, then hover over the corresponding balloons.

Also, LaSalle Street is basically the Wall Street of Chicago.

Are you sure this is right? My buddy does DCM at BAML in Chicago and he definitely doesn't work there. I work right around there and we met up for drinks one night and he said his office was by the river, possibly to the west of it. Can't remember exact address because of said drinks.

I would agree with you, but then we'd both be wrong.
 

Thanks for the intel, guys. It's been very hard to track down a phone number for the industrials group so hopefully this is a good start. BAML is very secretive.

 

These are all incorrect.

Industrials and any groups in Chicago are at:

Bank of America Plaza 540 W MADISON ST CHICAGO IL 60661

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 
VDRskiIs there a main phone number for that location? 540 W Madison and 2 N Riverside are connected by a walkway, so it's possible that they are at both addresses?

It could be possible they are at both but I'm 100% sure they use the address I said. Not sure on the main number though. You can try the one listed above I suppose.

Frank Sinatra - "Alcohol may be man's worst enemy, but the bible says love your enemy."
 

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