Equity-Linked

During my current internship I've been involved in a few equity-linked deals (convertibles/exchangeables/mandatories) and I quite enjoy it.
This is the sort of question the I wouldn't want to ask my boss...
What are the exit opps? Convertible arbitrage funds? Or is that solely a convertibles trading exit-opp?
What about distressed/activist funds?

And while I'm at it: Which banks have the best equity-linked desks?

Thank for the advice

 

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