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They're not much different from the broader M&A team, just a slightly different set of responsibilities. They still conduct M&A transactions, with more focus on sponsor-backed companies and maintaining materials/supporting business development with sponsors.

Broadly the M&A team is a generalist group, its not like that in practice especially once you've gotten past your first year as an Analyst or as a stub, with a lot of people getting filtered into certain industries

 

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