LevFin WLB-focused Exits and Other Questions

Hi all.

Incoming analyst at an MM IB hoping to get some insights from a professional in the LevFin space. I'm planning to do CorpDev after 2 years of banking as WLB is a big factor. My questions:

  1. Exit opps: What are some exits available to LevFin, especially WLB-focused ones? I've heard of special sits, credit funds, PE, debt-focused HFs, etc. but was wondering if breaking into CorpDev or Fintech is easy from LevFin? 
  2. Current Market Conditions: now isn't a good time to be in LevFin given rising interest rates and risk-off sentiment regarding buyouts. If I'm hoping to do banking for 2-years and (presumably) exit to CorpDev, should I go into LevFin? Or is M&A a better choice?
  3. Work: Aside from Excel & Powerpoint, what other additional work / skills would I be developing?

I might be thinking a bit short-term, so if I need to take a long-term perspective, please let me know what I should be thinking about.


Thank you. 

 

Hey vanilla_twilight_options, I'm here because nobody responded to this thread after a few days...maybe one of these resources will help you:

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I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

You're not getting many replies because your questions can be easily answered via Google.

Exits are obviously good from a top lev fin platform. Of course corp dev is an easy exit.

Lev fin is fine, even in a fast rising interest rate environment because you're just an analyst. Plenty for you to do and learn, even when deal flow is slow.

You should develop fluency in reading credit agreements.

If you're at a middle market bank, those are very hit and miss for lev fin.

 

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