M&A Specific Bankers on a Coverage Team

Question to all of those in Coverage teams at a Bulge Bracket:

Does your team have any analysts, associates, VPs or MDs that solely work on M&A projects? i.e. on a Healthcare team, a VP and and MD who only work on M&A engagements and their executions without as much of a focus on origination or relationship management

Conversely, if you're on an M&A team at a Bulge Bracket, are there any bankers that only focus on a particular industry like Industrials or Consumer Retail?

6 Comments
 

Yes I have seen this. Pretty common at higher levels (VP+) from what I have seen. It's basically a double specialization. I've seen DCM + 1 industry, also seen M&A + 1 industry. Seems common, but not necessarily the norm.

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