BofA New Team
https://www.bloomberg.com/news/articles/2026-03-25/bofa-starts-private-capital-m-a-team-to-focus-on-pe-exits
Curious about this — will it sit on the IB side?
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Why would it not sit on the IB side?
M&A team just for sponsor exits? As if BofA wasn’t bloated enough…
It’s a knowledge center within the M&A group — no new people, just current M&A MDs taking on additional responsibility of overseeing the broader IB business’ efforts to help sponsors monetise their investments in PortCos
so just portco sell sides lmfao
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