Best Sponsors group on street?
Which bank has the best financial sponsors group for exiting to the buyside as an analyst?
Lots of out of date info so would love some updated input, thanks!
Which bank has the best financial sponsors group for exiting to the buyside as an analyst?
Lots of out of date info so would love some updated input, thanks!
| +130 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 25 | 5h |
| +102 | Americas M&A League Table Q2 Updated | 49 | 6m |
| +73 | Wealthy Parents / Jaded | 24 | 1d |
| +58 | How are hours rn for SA (interns) | 31 | 20h |
| +54 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 11 | 19h |
| +49 | Venezuela Debt Restructuring - LAZ vs CVP | 22 | 1d |
| +42 | Boutique firm wants access to my LinkedIn? | 34 | 17h |
| +33 | Investment Banking in Mexico | 9 | 21h |
| +28 | MM bottom bucket bonus | 9 | 4d |
| +26 | Investment Banking is Hard | 11 | 15m |
Career Resources
MS Sponsors is a top-tier group. At the European banks(DB, UBS, Barclays) sponsors are also the best generalist group. Most bank's sponsor teams are above average at worst for their bank if not top tier/best group. BoFA sponsors are also top tier within the firm as is JPM but probably not the best group in the bank. Don't really know much about Citi/GS teams as I haven't interacted much with them, but that should cover all the sponsor groups at the historically considered BBs.
Bump, any more info?
If you can point to what kind of info you are looking for, I can perhaps answer better. Ignore the title, am someone who was in a sponsors group and is now in PE so am somewhat familiar with groups(with the one caveat that CS was of course a top sponsors group that regularly had UMM/MF exits when I recruited and the bank currently no longer exits). What info are you interested in and what firm's reputation of sponsor groups?
How would you rank Citi//Barclays/JPM sponsors?
Those 3 are all top groups relative to their bank. It's hard to rank sponsor groups across the street b/c A) they tend to be very small at junior levels so exit data isn't very vast, B) sponsors seniors tend to move a shit-ton, and C) banks regularly shift their view on how much they want to focus on sponsor-led deals. Thus, it's much easier to comment based on the groups ranking within the firm as even if data isn't as vast you can compare exits between sponsors and other groups and you can see the deal flow of sponsors/importance of sponsor-led activity to a certain firm.
Imo and from what I have heard/seen in the sponsors space, Barclays sponsors is point blank the best single generalist group for PE exits followed very closely by HC(I was at the firm and understand sponsors has more A2A's but it's very important to note that the reason for that is that people enjoy sponsors WLB/culture more and so are more likely to stay. When you look at pure exits and what interviews analysts get from headhunters, sponsors beat HC by frankly a lot more looks). At Citi, they are also a top-tier generalist PE exit group though it seems that M&A is number 1 there and is a huge group there due to how M&A seemingly handles most of the modelling there. Again, sponsors is a top group there still, don't know the exact ranking but should be top 3 or at worst top 5. Honestly JPM is just one of the firms I don't have as much direct color on, but given how literally every other BB works where sponsors is at worst a top-tier group, I would assume JPM sponsors is also a top 3-ish group at the firm.
not sure about best group but hearing that DB and UBS have had dramatic fall offs in deal flow and bonuses
Inaccurate, both banks are sponsor-driven businesses. Practically all the deal flow at UBS and DB comes from sponsors at least pre-CS acquisition for UBS. I am not sure what it is like for UBS now but there's no way it got weaker as none of their senior MDs left and they must've at least had a few CS sponsors seniors move over. As for DB, they obviously have struggled in NA but that's long been the case, REGL and Sponsors have been literally their only saving graces in recent years. The Sponsors group at DB has fallen only in the general sense of DB IB falling.
MS then bofa
Santander is in the come-up after the hire of Sponsors MDs from CS and Barclays as well as all the CS bankers they poached.
They literally have not closed a deal
Credit Suisse
Porro atque enim natus debitis. Et ipsa sunt repellat asperiores blanditiis facilis repudiandae. Voluptatem eveniet autem omnis magni non. Et qui consequatur omnis voluptatem libero. Nisi voluptatem eveniet quo non doloribus deserunt qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...