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Hi. I had an interview there and spoke to ------ (director). He was really arrogant and came from the legal side of things (didn't know much financial modeling and sounded insecure). Sounds like a terrible place to work and I heard they don't support any PE/HF recruiting so stay away if that's your goal. Also >90% creditor side in the last 3 years (PJT, Moelis, Rothschild, HL, Lazard are all much stronger in Rx and do more debtor-side work).
Can vouch for this, my experience was also largely negative. Several technical oriented phone interviews, did fine and was asked to come in for an in person. Was very honest with them about not having full transaction experience yet, and was ground down in their office for over 5 hours with technicals. They seemed like they were uninterested and were just plain rude at times. Did not respect the fact that I had
(app glitched) Did not respect that fact that I had left work early to head over and kept me for several hours. Never heard back from them again, and haven’t seen them do anything notable since
I had the same experience At first I thought it was a test to see how'd I'd react. I soon realized this interviewer was simply out of touch with reality and intentionally abusive. I told him where I grew up and he said "I don't care, did I ask you?" and those were basically my first words of the entire interview lol (AFTER he asked me to tell a bit about myself). I nailed the debt recovery waterfall questions and liquidation analyses technicals (they weren't hard, but the interviewer wanted to pick a fight with every answer, even the undisputedly correct one). Anyway I checked LinkedIn and most of their team (analysts-VPs) is composed of non-targets and they don't place well in Distressed HFs/PE. I hear they're overworked so the interviewer was likely stressed and didn't want to do the interview. I currently work in Rx and they're definitely not in the top 10 in any rankings I see in Debtwire/The Deal/Reorg/Reuters. The overall culture of entitlement and arrogance was a massive turnoff.
Also horrible experience, got canceled and rescheduled on 4 times for an interview... Very rude and arrogant on the phone, felt the need to chew me out for a simple misunderstanding and jumped the gun via cutting me off. The interviewer sounded stressed as hell. From what else I've read on this forum, not a good place to work.
I talked to an analyst and I had a good experience. I didn’t know the Rx technicals but I’ve stayed in contact. they’re a really small firm with lean teams so everyone is really stressed. They take people based on merit, not school rank so no targets who know the Rx technicals have a solid shot to break into th industry.
Spoke with a VP there, -----, a couple years ago. He was plain rude...He asked me why I wanted to get into restructuring and I said xyz, then he asked me what other banks I'm talking to and I said abcdef, he said, why are you talking to abc if you want to work for us, and why are you talking to def if you want to work in restructuring (def are all great names in the field, so I was like wtf).
Can't speak to their interview process but worked across from these guys a couple times. Had an Associate (maybe even Analyst? idk) basically running a fairly high-profile restructuring deal for them by himself. dude was a little out over his skiis but still absurd experience to get at that age. Heard that's actually a somewhat standard deal setup there. That said, they seem to have been a little quiet on deal flow this year
Just generally though, the restructuring industry is pretty rough vs. M&A, if you have a tough interview and your response is to go whine on WSO you're probably not cut out for it tbh... (same goes for buy-side distressed roles)
Nobody’s whining, but if they’ve been shitty to countless people, there’s probably something wrong... gotta get past the whole ‘banking is only for hard core bros’ mentality, and realize that while banking still a decent career path, it’s not what it was 20 years ago.