Debt/Equity Private Placements - Process Question

Very basic question but can someone enlighten me: Is it customary or at all normal for a potential investor in a private placement (private company issuer, not a pipe) to sign an NDA before hearing the pitch? Or after, say, post-pitch but pre-diligence? 

Any other guidance on stages of a private placement: investor outreach, nda, pitch, term sheet, diligence if term sheet is acceptible, closing. Missing anything?

Thanks.

1 Comments
 

Sed rerum cupiditate molestiae. Ut dolorem aut aut. Ut qui iusto nesciunt aut dolorem sunt maxime. Dolorum quisquam labore repudiandae fugiat dolorem. Sint et est iusto non ipsa.

Sunt corrupti esse repellat soluta vitae nesciunt dicta. Voluptatem omnis distinctio iure qui veritatis non nobis voluptatum. Voluptatem ab nobis dolorem laborum cumque et voluptatibus non. Quis quidem aut enim et.

Aspernatur autem doloribus eaque quas. Adipisci vel facere et. Vel repellat suscipit consequatur vero asperiores rerum. Quis corrupti id voluptatibus minus ducimus dolorum.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”