Always been told that Leveraged Finance have good exit opportunities for buyout but recently spoken to a large number of HH and been told that chances are almost 0 to exit to PE buyout.
Anyone else found something similar?
| +190 | Americas M&A League Table Q2 Updated | 76 | 1h |
| +142 | New Article: Dramatic Slide as UBS #22 (US) & New Leadership Desperately Needed | 36 | 11h |
| +118 | Restructuring: Anti-climactic Experience | 31 | 13h |
| +91 | IB Net Worth / Savings Check | 42 | 1h |
| +78 | A COMPLETE GUIDE TO SUMMER INTERNSHIP RECRUITING | 12 | 2d |
| +65 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 12 | 16h |
| +51 | Boutique firm wants access to my LinkedIn? | 40 | 2d |
| +38 | Investment Banking is Hard | 17 | 1d |
| +34 | 2026 VAULT PRESTIGE RANKINGS | 24 | 3h |
| +31 | PWP vs BofA | 24 | 9h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Levfin is very bank specific. BoA/CS/DB do modeling and have good exits. But at other banks, it's more of capital market role where they deal with terms, pricing, etc. Probably you're at one of those banks
Don't get me wrong, but have friends in BoA/CS/DB. CS LevFin don't touch PE firms, their FSG team does everything, they are known to be top of the street with best exit, not LevFin. DB don't have an established FSG team in London so LevFin team hold pen in the model but haven't seen MF exit in buyout only credit.
BoA have decent team, a lot focus on Refi, friend told me again that exit is mainly credit. Although have been some nice exit recently in SSG.
Again, this is my views - happy to get any input if you disagree
So what's wrong with credit exits (assuming you like credit since you work in LevFin)? Don't think many people are aware how attractive these exits can be, especially at some of the top shops: