Moelis & Co. London?
In NYC and LA, Moelis is considered really top notch and on par with GS/MS for exit opps towards hedge funds and the buy side. How is the situation in London? Do new analysts have the same exit opps as analysts at GS/MS/JP and better than Lazard/Rothschild or is the bank subpar? What are the classic exit opps? Is the bank best positioned to allow you to join hedge funds (especially credit and distressed) or more towards PE funds? I have a friend who turned down Moelis for Lazard and another who turned down Morgan Stanley and BAML for Moelis, who is correct? I heard very mixed opinions about Moelis exit opps in London and I wonder what the truth is.
Also, how easy do you think it is to transfer from one office to another within a bank, such as transferring from London to NYC as an analyst in Moelis? I am interned in IB at a lower tier BB (BAML/Citi/UBS) and it seemed quite hard, is this a one-off experience or is it hard everywhere including in boutiques?
Moelis London RX franchise is definitively top notch. They consistently rank at the top of the league tables and have been involved in some of the largest deals over the past months (Seadrill, Steinhoff, ...). Rather impressive given the size of their team.
I am less familiar with their M&A franchise but heard that they do a lot of cross-border transactions involving the other offices (notably Dubai/US) and also mid cap transactions.
They place well in the HF/distressed space and seem to have nice exits in PE as well - 1 CVC, 1 Blackstone and 2 Softbank recently.