BofA Sponsors SF vs Tech M&A Palo Alto
Any opinion or insight on these two groups? I know sponsors is strong at BofA but how does the sf office compare on the street and where does the tech m&a group stand compared to other tech banks as well as exit ops. Thanks!
SF Sponsors is a very strong group. Definitely go there if you have the opportunity. BofA’s TMT team has been decimated; best to avoid.
Agreed, historically Tech M&A out of PA has been a strong group; but, its deal flow is linked to the TMT coverage group. The same group that has lost ~30%-~40% of headcount, including its top 3 bankers.
Yes, sponsors both in NY and SF has the best PE recruiting at BofA
https://www.bloomberg.com/news/articles/2021-05-13/centerview-is-said-t…
This shouldn’t even be a question
Do you mind elaborating your thoughts?
Dogmatic prospect who doesn't know shit from Shinola will not.
Bump
Both groups are great. Would say SF FSG > TMT but IMO it's marginal and I will explain why later in this post. This comes down to whether or not you want a super small analyst class, focus on credit/debt-heavy transactions and be in the city of SF. If you said yes to these three things, hands down pick FSG.
BOFA SF Sponsors has a very small analyst class (~2-4) and usually takes 1-2 interns. If you get into this group, you can get interviews at any place you want, at least on the West Coast. I'm sure East Coast recruiting is fine as well, a recent analyst went to PPC Enterprises.
Just because of the sheer selectivity of it and the consistent exposure to the biggest and best PE firms, I would take it over BofA TMT Palo Alto. Not saying PA is a bad group, its actually pretty good. (Know people who went to Francisco Partners and TB). But as other commenters have mentioned, BofA TMT has taken a hit with certain departures and a decrease in headcount.
Ut nesciunt similique doloremque illum voluptatum qui. Enim eos est veniam magnam. Quia dolores rerum debitis repellat dolorem voluptas maiores. Distinctio laborum culpa ipsam omnis qui vitae. Qui est rerum consequatur aperiam eveniet temporibus.
Minima qui error id vel. Occaecati odit quis quisquam neque ut qui. Dolorum pariatur temporibus odio. Repudiandae explicabo impedit et a quasi assumenda veniam. Reiciendis tempora rerum numquam et maxime.
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...