Evercore debt advisory
Can anyone tell me more about evercore’s debt advisory? Is it like DCM or more restructuring? Any exit ops? WLb?
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Bump
From EVR website under debt advisory: "Evercore’s comprehensive product suite includes private debt arrangement (including unitranche, ARR, DIP/Exit facilities and royalty financings); private convertible and hybrid securities; traditional and pre-IPO equity private placements for private companies; minority equity or recapitalizations for families, founder-owned and closely held businesses; private investments in public entities (PIPEs); and public debt advisory, including investment-grade bond underwriting, syndicated loans and bonds, ratings, liability management, covenant and structure amendments"
bump
Evr rx is called rx and debt advisory - shouldnt be a distinction for juniors
There is a distinction. They staff and hire differently (with a few exceptions) at the junior level.
For others, Debt advisory is something of a weird group at an EB because they can’t hold anything on balance sheet, so they don’t typically do regular-way financings and usually get involved in cuspy financings that are somewhere between high yield and rescue. the debt advisory guys will then run capital raises that target private credit shops. So your day to day as a junior would focus more on the capital raise side than it would in RX. But compared to a typical markets role, your investors are probably going to require a bit more diligence (speaking VERY generally)
Do you have any clue what the sort of exit opps would be out of this team in evercore?
bump!
any difference between London and NY team?
London seems to be recruiting heavily atm, not sure if that’s due to high churn or growing
London office is very very busy atm in debt advisory.
Culpa et nihil perferendis. Consequatur et officia dolores esse dolorem. Harum facere inventore natus quas. Soluta soluta reprehenderit quo doloremque et ratione laudantium sit. Sed ut eum et nam exercitationem rerum aut consequuntur.
Cum ab quis reprehenderit quia veniam ratione. Reprehenderit soluta quasi fugit impedit quos. Praesentium sed quia reprehenderit atque possimus debitis aliquam adipisci. Sed quia est unde sit.
Enim et ut in facilis. Ea ut fugiat quos praesentium. Nam neque voluptatibus et non cumque. Doloremque recusandae pariatur pariatur harum. Qui unde id aliquam delectus rerum hic. Culpa veritatis doloremque nesciunt non. Praesentium qui nemo quia enim incidunt officia.
Dolor sunt maxime a nihil. Soluta sunt doloribus vel aut soluta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...