Interested to hear what others are hearing from friends in Lev Fin IB groups across the street. With the way credit markets have been affected by the pandemic, I'm wondering if Lev Fin could see increased job security risk come August/Sept of this year.
Thanks for any insight/commentary in advance.
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Good question. Although I don't have any experience working in a market where credit locked up, from what I've heard from the LevFin group, they're quite busy as it is. Not necessarily with new deals, per se, but keeping tabs on what loans they currently have out there and what not. From a recovery perspective, the market will probably be hot when the economic fog lifts post-pandemic, which may very well come by August or September of this year, in which case all hands will need to be on deck. Then again, I'd be interested to hear from someone who has a little more experience opine on it.
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