BofA groups for best exits
Incoming summer analyst at Bank of America. Which groups should I target for the best private equity exits?
Trending Content - Investment Banking Forum
| +233 | Only Indians cold emailing | 64 | 13m |
| +231 | UBS Healthcare | 47 | 5h |
| +60 | UBS MDs Treat Employees like Dogshit, Data to Prove it | 9 | 4h |
| +58 | More diversity needed in the industry | 11 | 2d |
| +57 | Shana tova - happy new year | 9 | 1d |
| +48 | NYC Wall Street Run Club | 13 | 1d |
| +21 | Feeling a bad pattern forming. I need some help | 3 | 3d |
| +21 | What is the role of an analyst at your firm? | 1 | 2d |
| +19 | Reaching out to interviewer who rejected me | 2 | 2d |
| +17 | "Don't include firm in Cover Letter's file name" | 5 | 15h |
Career Resources
FSG >= M&A / LevFin > coverage groups. Generally want exposure to modeling and quantitative analysis for best exit ops
Leverage That Finance
Merge & Acquire
This question has been answered many times before. Please learn how to use the search function
For BofA, you’ll see the most MF exits from the REGL group
I've heard the deez nuts group is pretty strong
Financial Sponsors pretty much lights out exit to MM/UMM/MFs. Similar, but to less extent for Lev Fin. REGL is great as well.
I would encourage you to check out some other threads on this but M&A / Financial Sponsors / Lev Fin - IE the product groups have the best exits. And REGAL gets great exits to real estate PE. If you want to do a coverage group - Regal & probably CNR are your best bets. FIG / E&P should be avoided at all costs.
by E&P, do you mean the natural resources group? Any particular reasons why?
Yes - that is what I mean. Group culture is very toxic, churn rate for analysts is high, and typically they do not rank well on the league tables either - so really a triple threat. If exit opps are all you’re solving for, nat resources wouldn’t be the optimal choice.
How is FIG? Looking to recruit there this upcoming summer since there are a lot of alum from my school
So - from a reputational stand-point, BofA is not strong in FIG - do not really win big deals since GS and I think JPM (or MS) are the owners of that sector.
Bright side is that the product teams only do modeling for financials businesses that are EBITDA based - so the team will likely pitch you on the fact that they do their own modeling (which is somewhat true). However, on the two FIG accounts I worked on during my time at BofA - I did all the modeling (both payments companies).
From my exposure working with them, the team seems pretty nice. But a friend of mine that just became an associate in the group hasn't been loving the culture.
Id et totam porro dolores voluptatem sequi enim. Eligendi ut nesciunt sit dolorem libero. Consequatur odit repudiandae sed eum alias saepe numquam iste.
Sint libero sed nihil id. Omnis quibusdam repudiandae ipsa sed eligendi totam. Architecto ut illum maxime provident. Quisquam eius voluptatibus sunt et eum reiciendis consequatur in. Maxime est itaque aut. Aperiam quia sint debitis laborum quo.
Distinctio aut impedit esse sequi. Enim sunt perferendis ut voluptatem repellendus. Est aut omnis placeat. Reiciendis velit beatae aliquid laudantium quia. Ut quis officiis libero rerum doloremque dolorem.
Fuga enim ad laborum ab culpa. Dolor et saepe et error eius voluptatem ex quasi. Tempora numquam eveniet perferendis corrupti est et. Dolores reiciendis dolores quo provident.
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...