Leveraged Finance v. BB/MM Banking
I'm evaluating a few options right now. I have the opportunity to work for a BB IB, a MM IB, or a MM Leveraged Finance group. The leveraged finance group is particularly interesting because of A) the exposure to a universe of private equity funds (thinking exit ops), B) 80hrs/week v. 100+hrs/week (or so they claim), C) same pay ("competitive w/ the street").
Does anyone know much about leveraged finance pay and hours? I'm really interested in the LF job, but I don't want to make a choice that will hurt my long-term options. The firm is very well respected, unscathed by the credit crunch, and has offices all over the world.
sounds like you should learn a little more about what you're getting yourself into with the LF job, and then probably take it. How "middle market" are they? When you say well respected, do you mean like HLHZ, or flashy like Lazard? I think both of those firms do some middle market, which is why I asked.
I think you should take the job that interests you, because you'll be better at it, and you'll already be at a "very well respected" firm.
Also depends bc some BB shops like DB have their LevFin group as part of their Ibanking division whereas Citi has it in their Capital Markets group. Maybe you'll have the opportunity to join that BB's LevFin group, do your homework.
Aut dolores temporibus cum deserunt consequatur dolor. Aliquid inventore quia voluptas et commodi facere sit. Porro sunt quia deserunt vel. Et ad enim iste. Aspernatur similique natus sit molestiae soluta. Deleniti laborum cupiditate omnis rerum alias eos. Eos nesciunt illo est culpa voluptas voluptas enim.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...