What banks have the strongest groups in fund finance? If anyone works in a fund finance/subscription finance group and wants to pitch in - do you like it, what are the potential exit ops, and what are your hours usually like / are you glad you went this route instead of an industry group?
Thanks a ton!
| +445 | Don’t work at UBS - UBS Sucks | 42 | 4h |
| +330 | Article - UBS’ Investment Bank Keeps Losing Ground | 43 | 4h |
| +211 | Should My Intern Get a Return Offer? | 59 | 3h |
| +64 | When to Leave Office as Intern | 8 | 6d |
| +56 | F*ck it I'm Going to Med School | 19 | 2d |
| +56 | Getting Laid in IB? | 28 | 6h |
| +49 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 3 | 18h |
| +45 | Living in greenwich as an analyst? | 9 | 9h |
| +32 | STEM student lost in London IB recruiting | 19 | 15h |
| +27 | NYC Associate Budget | 9 | 1d |
Career Resources
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.
Have worked closely with fund finance team in GS/MS/JPM London
At least in my bank it’s a very small team with good hours generally, however very repetitive junior work and a lot of admin bs brain dead kind of tasks too
However they do do their own financial models, but they are very different to M&A models as it’s fund cash flow modeling etc
My impression is that most juniors that started as analysts there want to lateral / leave as exit opps are not great. You might be able to go to a secondaries fund or a cap markets team in PE but still you’re probably at worst odds vs candidates from a traditional sector role background
But as an area of finance it’s growing massively… so if you’re genuinely in it for the long term it’s a great pay and good hours overall
Could you be a bit more specific about what the hours are like?
Probably 9am-8pm on average
Do you know if pay & bonus is in-line with other IB/industry groups? Also do you think it's possible to exit to private credit and/or debt related hedgefunds
Pay is below the typical IB groups and buyside exits are pretty limited–PC and credit HFs are more LevFin type of exits.
Commented about this recently but interned at a bank with a strong team in fund finance and the WLB seems really nice but honestly probably not the best team to start with in finance.
Just to add on, Evercore PCA has a niche sub-team (Structured Capital Solutions) which looks more at marketing collateralized fund obligations. Bit more esoteric stuff than what you'll usually see coming from the fund finance folks at MS, etc.
Deleniti quod quisquam et maiores. Fugit neque eum velit et. Eos cumque sit fugit in reiciendis.
Exercitationem laudantium provident eius quo sequi facere sequi. Iure corporis animi et molestiae. Repellendus rem quia mollitia sit suscipit. Accusantium ipsa et voluptatibus nihil et libero. Delectus nostrum mollitia dolorum possimus. Quo repellendus nulla est officia dolor voluptas illum.
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...