GS IBD to Blackstone R&R

Hey all. I am starting at GS IBD next week at one of the top groups as a FT analyst. While I am really happy about this, I do feel that restructuring is really interesting and would love to do that at Blackstone. I don't know anyone at Blackstone, however. Would it be possible to switch from GS to Blackstone within a year? Don't want to spend more than a year at GS if possible. If so, how would I go about doing this?

17 Comments
 

It's generally best to spend at least 1.5 years at a given role. To answer your first question I would need to know what the IBD group is in which you work. If it's municipal finance the answer is probably no. If it's M&A your odds are much better.

"He that hath a beard is more than a youth, and he that hath no beard is less than a man." ― William Shakespeare, Much Ado About Nothing
 

BX has a well known 2 and out culture and hire almost zero laterals (i say 'almost' because i'm sure someone somewhere made it happen, but i personally know / know of nobody who made the jump there) so this will be extraordinarily difficult. wouldn't worry or try to make moves - chances are there is an opportunity at GS you'll be interested in that you can go to after 2 years through their mobility program.

 
Best Response

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

 

You are funny. Strangely angry for no reason and make a lot of assumptions, but funny. Let me comment on a couple of things:

1) If you don't know what the top couple groups at GS are, you are not knowledgable enough to answer my question (as is shown by the fact that you thought GS has a restructuring group...). Thanks for playing.

2) I don't know the first thing about what I want to do? Wtf? Where did you get that? Ridiculous.

3) I don't know what the markets look like? Look at 2.

4) I think I am too good for my mentors? Wtf again? I am in fact quite confident from my internship last summer that they are very capable. Once again, you make some sort of ridiculous assumptions.

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

phenomenal

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

+1 SB

 
NYCbandar

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

LOL

 
bankingboy12

You are funny. Strangely angry for no reason and make a lot of assumptions, but funny. Let me comment on a couple of things:

1) If you don't know what the top couple groups at GS are, you are not knowledgable enough to answer my question (as is shown by the fact that you thought GS has a restructuring group...). Thanks for playing.

2) I don't know the first thing about what I want to do? Wtf? Where did you get that? Ridiculous.

3) I don't know what the markets look like? Look at 2.

4) I think I am too good for my mentors? Wtf again? I am in fact quite confident from my internship last summer that they are very capable. Once again, you make some sort of ridiculous assumptions.

1) GS europe atleast has a restructuring team, no idea about the US 2) you havent even started FT yet, so no you dont really know what you want.
 
peinvestor2012 NYCbandar:

By "top group" wtf do you mean? Listen you self-important little cock gobbler, do you know what the big, wide world of finance thinks of your "top group" at Goldman IBD. They don't give a shit. Best case scenario they think you're a bunch of punk ass little bitch salesmen that you throw a bone to every once in a while when you need some leverage.

So look, I don't know what tho "top group" is, but if you're not in the restructuring group, there's a lot of overlap between restructuring and lev fun, so you could target that group. If you want to play in restructuring, you're going to have to actually read the bond indentures and other shit you're writing unlike most coverage guys. You're going to have to learn about the products in depth.

But dude - you don't know the first thing about what you want to do. You don't even know what the various markets look like. Do yourself a favor and focus on learning from the people that want to teach you.

You might think restructuring sounds cool. But you'll never get to where you want to be if you decide you're too good for your mentors.

Nobody cares about your half thought out "goals,"

+1 SB

NYCbandar, you can come out of the closet now. We know that you are the straw man/sockpuppeteer.

 

There are some very angry people in this thread; I can't figure out why. This kid is exploring his options, let him. He doesn't purport to be God's gift, just expressing an inclination which he may or may not have explored properly. May he be fickle? Maybe? But frankly I don't see him being a cock about it and the tone of answers is unnecessarily rude, not funny.

I know to some of you think leaving the teat of Goldman is unthinkable, but chill.

Thinking about it, it has an smell of bullying internet big dick about it. Grow up children.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

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I am permanently behind on PMs, it's not personal.

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