Barclays Capital Leveraged Finance - Lifestyle & Group Atmosphere?

To piggyback this question, can anyone provide some color on the Lev Fin group at BarCap? I.e.do they do a lot of modeling and structuring or is it more of a standard DCM role? Is it one of their better groups and what are the exit ops like relative to other groups at the firm?

Thanks!

Lev Fin sits under global finance or something at Barcap under IBD (if it's still same structure as old lehman) ... and then they have a separate syndicate desk.

Lev fin would work with sponsors / DCM on a deal and they would focus on the loan portion I suppose. The syndicate would do exactly that, syndicate or find demand for the loans that the bankers will underwrite.

You will definitely a) pitch b) originate and I suppose some structuring but not syndication ... you'll talk to syndicate and if you really wanna see it I think you can

source: my friend worked in that group until June of this year before he went back to b-school

bump bump bump

any perspective please

from what i heard it is very similar to the culture/atmosphere of lehman's lev fin team.

i wonder why

if wallstreetoasis supported emoticons, this reply would be gleefully jizz stained with emoticons

Bump

bump bump ...help please

your question is so general that people don't know where to start. What exactly do you want to know about it? people culture? deal flow? exit opps?

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70-80 hours a week on average.

thanks for the reply.

I am interested in their deal flow and their area of strengths i.e real estate, financials etc . any insight on their risk management initiatives would also be very helpful.

Any views please

They work in a trading floor like environment and their hours are closer to market hours meaning they generally work around 80 hours. Less then the 100 hours.

Pretty good group imo, I think Barcap Sponsors/LevFin's got good momentum - they were on some pretty big deals in 2010 (i.e. MultiPlan and NBTY)

bump

Is it a modelling intensive group or are they more of a DCM function / execution function negotiating the legal docs? Is it more important to just have a better understanding of debt structures / legals & credit agreements for the group?

it's a bb lev fin group... what more is there to say