GS Financing SA 2025

Based on previous WSO threads, here is some relevant information about the culture and exit opportunities in the London Financing groups, particularly in DCM and LevFin:

1. Culture and Analyst Experience:

   • LevFin in London: Discussions have highlighted that the best LevFin teams in London include BAML, DB, CS, JPM, and Citi. Analyst experience in these teams is generally positive, with good exposure to deals and a strong learning environment.
   • Houlihan Lokey Corporate Finance in London: The culture at Houlihan Lokey's Corporate Finance team is often compared to other MM firms like RBC, Gleacher Shacklock, and HSBC. It is known for its strong restructuring practice but also has a solid presence in corporate finance.

2. Exit Opportunities:

   • LevFin: Exit opportunities for LevFin analysts are diverse, including credit shops, private equity, and debt-focused hedge funds. There is also potential to move into CorpDev or Fintech, although this may require additional networking and positioning.
   • DCM: Analysts in DCM can expect exit opportunities in areas such as credit funds, corporate treasury roles, and other finance-related positions. The skill set developed in DCM is highly transferable to various finance roles.

3. Market Conditions and Work-Life Balance (WLB):

   • LevFin WLB-focused Exits: For those prioritizing work-life balance, exits into CorpDev or Fintech from LevFin are feasible. Special situations, credit funds, and debt-focused hedge funds are also common exit paths.

If you have experience in ECM and are considering a move to DCM or LevFin, it is important to leverage your existing network and seek advice from professionals in those specific groups. The transition can be smooth if you highlight your relevant skills and experiences.

For more detailed and updated insights, you might want to explore recent discussions on WSO or connect with current analysts in those groups.

Sources: LevFin WLB-focused Exits and Other Questions, LevFin in London, Houlihan Lokey Corporate Finance in London, Opportunity to move from NY to Europe in Structuring/Origination, Houlihan Lokey NY Corporate Finance Groups/Culture/Outlook?