Credit Suisse Lev Fin Origination Exits?

I have heard that lev fin orgination isn't the same group as financial sponsors lev fin. Can someone confirm this? I did research and it seems that CS LFO have different exits than LF being that LFO places in MM PE a lot. I may be completely wrong, just want to get some insight. ""LFOR is only talked about because it gets tied to the Sponsors Levfin work. CS sponsors Levfin is always near top of the street. LFOR works with corporate clients - in this space, CS is not top of the street. LFOR is a pretty good group, but not comparable to sponsors. Seems like the exits from the group are typically random MM shops (mix of debt and more traditional PE) with the occasional brand name mixed in there"" - Quote from another thread 

 

CS employee here (but different group) one of the biggest mistakes ppl make on this site is the importance of groups / banks (to a certain extent) in determining your exits. Regardless of group if you’re at any BB / EB you will get looks / interviews from MFs and MMs it’s just on you to convert. 

 

Is this true even if the group is a coverage group with little exposure to modelling?

 

For the most part yes, that being said if you work in a product group you would have more experience modeling / working on live deals which would help you during your interviews 

 
Most Helpful

there is no "levfin" group at CS

There is FSG - which primarily does lev fin origination work on LBOs or other sponsor related levfin activity (dividends, acq. financing, refis), LFOR - which does the same but for corporates (public companies, large privates), and Lev Fin Capital Markets - which is responsible for structuring on both types of deals

 

Is it their 2nd or 3rd best group? Want to know if it's possible to exit to MF/UMM from there because it seems like they only exit to mm and credit funds

 

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