Evaluating Two Different Options
How do you folks think about Bain Capital Credit (Sankaty) vs Top Restructuring Groups (PJT/Laz)? I'm asking to contribute to a discussion between some people I know.
Here's some more context:
Quality of Work: Bain wins out due to being more interesting (investing vs banking), with the opportunity to end up in the Distressed and Special Sits team (which is effectively an exit from Top RX). Location: Top RX wins out due to being in NYC (major plus). Culture: Let's say Bain has a better one.
With that context in mind, it would be helpful to consider prestige/exit opportunities, and it would be great to hear people's thoughts. I know there was a thread last year comparing PJT RSSG vs Bain PE. For the record, I think it's absolutely ludicrous that that person chose PJT over Bain PE. So, in the context of thinking that Bain PE>PJT RSSG, how would you think of Sankaty vs Top RX, especially in light of the above factors?