How so? Is this just a Lazard specific thing or all EBs? Honestly not sure how a boutique without a balance sheet can offer value to sponsors, so I always wondered what a junior in a EB/MM sponsors group actually does
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Heard it’s bad but don’t know how bad
A bit lower than last year
anyone provide any solid numbers? Seems all anectdotal...
Bit off topic, but anyone know if Lazard has a sponsors group? I know they have some seniors, but don’t see anything about any analysts.
Lazard Sponsors is a running joke by now
They say they have a “large cap” sponsor team but I haven’t seen them on any large cap deals…?
Yep heard they also have a "very large cap" team. It's a funny world we live in
How so? Is this just a Lazard specific thing or all EBs? Honestly not sure how a boutique without a balance sheet can offer value to sponsors, so I always wondered what a junior in a EB/MM sponsors group actually does
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