LionTree poaches MS Menlo MD to lead tech coverage

LT poached a senior dealmaker from MS (led MSFT/Linkedin, IBM/red hat, among other large deals). What do we think of the move for LT or MS?
 

https://www.reuters.com/business/finance/liontree…

10 Comments
 

Based on the most helpful WSO content, here are some insights regarding LionTree and MS Menlo:

  1. LionTree's Reputation and Strategy:

    • LionTree's SF office is known for its focus on tech, rather than media and communications.
    • The group is relatively small (15-20 people) but growing, and it has been poaching BB & MM group heads.
    • LionTree is considered a top-tier boutique in the TMT space, often compared to Qatalyst and Lazard.
  2. MS Menlo's Standing:

    • MS Menlo is highly regarded in the tech space, often mentioned alongside GS TMT for dominating the market share.
    • The group is known for its strong deal flow and high-caliber talent, largely attributed to senior figures like Michael Grimes.
  3. Impact of the Move:

    • For LionTree: Poaching a senior dealmaker from MS Menlo, especially one who led significant deals like MSFT/LinkedIn and IBM/Red Hat, is a strategic move to bolster their tech coverage capabilities. This aligns with their focus on tech and their strategy of growing by acquiring top talent from larger firms.
    • For MS Menlo: Losing a senior dealmaker could impact their deal flow and market position, but given their strong reputation and existing talent pool, they are likely to remain a dominant player in the tech space.

This move underscores LionTree's ambition to strengthen its position in tech M&A by leveraging the expertise of seasoned professionals from top-tier firms like MS Menlo.

Sources: Technology IB Coverage Group - Exits, Interview Preparation, etc., MS Menlo is Going to Shit, Would you take Liontree over mid-low tier BBs?, Morgan Stanley Tech in Menlo Park, Full-time: Goldman (NY Classic - not TMT/FIG) vs. Morgan Stanley Tech (Menlo Park) vs. Evercore M&A (NY)

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