GP-led Advisory VS M&A
How does GP-led advisory compare to traditional M&A? Heard they are similar but trying to understand how the different roles compare. Also any insight into exits, pay, etc would be helpful as well. Thanks.
I did my summer in GP-Led Advisory at a top boutique in Secondaries, and also did an internship in M&A before that.
The GP-led & and M&A process is incredibly similar, with the bulk of the work being really similar. With that said, LP-Led isn’t that similar, so if given the opportunity, definitely try to be in the GP-Led team.
Hours are the same and so is the base salaries. With that said, bonus for secondaries tends to be higher, especially in down markets given then non-cylical nature of the industry.
Exits are definitely better from M&A as most people are not fully aware of the secondaries is, but it is a space which is growing really fast.
Great! Thanks for the info. Can you exit to PE from GP-led advisory?
Would be a more uphill battle.
How easy is it to switch from secondaries to M&A within the bank after a year or two?
Depends on the bank. Is it an EB or an MM?
EB
Fuga exercitationem veniam aut deserunt voluptatem sequi. Consectetur consequatur dignissimos iste enim cupiditate qui. Omnis cumque omnis fugiat facere. In est numquam quo aut neque.
Dolores voluptatem distinctio esse et. Voluptate provident qui fugit aut hic. Ut excepturi cum aut facere magnam rerum nemo nemo. Ut fuga id quas necessitatibus ut dolorem dolore. Modi sit aut aut eaque ex nisi.
Quis asperiores quia ea illo quam vitae illo. Nisi quo non temporibus quam iusto. Dolore possimus itaque reiciendis molestiae quis. Velit eos dolore unde harum minima pariatur laborum.
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...