BofA/BAML Global Industrials Group

Recently received an offer for Bank of America's 2025 Summer Analyst Program in New York and have a particular interest in Industrials. Was wondering if anyone had insight into the group (WLB, Culture, Biggest Recent Deals, Best Verticals/MDs) or information on exits from GIG. Would the exits be primarily MM/UMM PE or is MF possible? What about private credit/special sits/distressed debt/equity HF? Any information would be greatly appreciated!

 

Congrats! Let's start with exits. These will primarily be MM/UMM. At BofA, to break into MF, it's M&A and FSG that give you the best chances. If all you care about is exits, stick to these two groups. In regards to culture, pretty solid. GIG can be a bit sweaty but I think the culture makes up for it. Deal flow is solid. They announced Textainer/Stonepeak ($7.4bn deal) in October '23 and Brookfield/Triton ($13.3bn deal) in April '23. Those are the two biggest deals I can remember and they've been a couple other billion dollar deals in between. So, very solid deal flow.

 

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