Coverage Group Question

Do certain coverage groups have one product that comes through them more than others? For example would an Industrials Coverage Group see more debt related products compared to a Tech group?

Would the a coverage group at Bank X see different types of products than the same coverage group at Bank Y?

2 Comments
 

Yes to your first question in some circumstances. For example, tech/healthcare/high-growth industries might have more IPO's of new hot companies or consolidation, as the big guys snatch up the little competition. A group like industrials will certainly have IPO's, but probably to a lesser extent as there are less new companies emerging. It should also be noted that just because your group gets more deals for a certain product does not necessary mean that you'll be doing the modeling for that product (e.g. Pfizer/Amgen snatching up many $1Bn healthcare companies doesn't necessarily mean that you'll get more M&A modeling experience - it might all be done by the product guys).

Probably not substantially different to answer your second.

Hope this helps.

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