Hey All,
I'm a 2019 FT start at an EB (Evercore/Lazard/Moelis) in Houston. At the junior level I will likely gain heavy exposure to M&A and Restructuring, with the occasional cap markets/strategic advisory deal.
While I am interested in the energy and power industry overall and believe that it's a great industry for banking, I'm afraid of getting pigeonholed and unsure if I want to commit to it long-term. Unsurprisingly, the majority of exits are in-industry to O&G and Infra PE funds.
My questions are as follows: 1) If I wanted to break into a generalist buy-side role, what would be the best course of action? Kill it year 1 and lateral internally to another coverage group? If so, how would the new PE on-cycle recruitment timeline affect my process? 2) Has anyone successfully exited from O&G banking into a non O&G/Infra specific firm? Also, will the restructuring exposure help out at all? 3) What does O&G/Infra PE long term look like?
Appreciate the insight.
