Portfolio valuation (Lincoln Int) or Equity research (Capital one)
Hey I am trying to second which one to take. I know both routes lead to very different paths but to be honest both of the paths sound super interesting to me and is something I would like. Which one do you think would present better exit ops? Do you think I could lateral from linking to IB? Previous intern at BB with no offer and have been trying to break into IB ever since.
I know several people who have lateralled from Portfolio Valuation at Lincoln to M&A coverage. If you’re good you can do it a 9 months to a year from your start date. A lot of people have been able to move to M&A groups at other banks (Gugg, Greenhill, Baird etc). Seen some move to PE direct (albeit smaller shops) and family offices as well.
Is it the actual experience in portfolio val that’s directly transferable to IB or just Lincoln’s name? I just been pounding the pavement to get back into investment banking and have had no luck. I feel like portfolio valuation would be an easy transition compared to the ER but I have heard of people lateraling to IB from both roles
The experience is not that transferrable in my opinion. Post deal (not live) work and you don’t actually need to know the business well and the modeling is very limited. You’re expected to crank out 65+ positions each quarter so it’s a volume gig. What is transferrable is being client facing, deadlines, and 85+ hour weeks. Also failed to mention but the firm is generally supportive of internal moves to coverage groups
I would also greatly appreciate a PM because I’m torn on what to do. ER role is also fully remote which is a big plus
Personally would take ER, but really its up to you and whichever is more interesting to you
Personally think ER is a more marketable role
Take the ER role. You will regret it if you don’t
Capital one does equity research? Are you sure? Lol
Hey dude thanks for your comment. I really really appreciate your sarcasm. Thanks again, intern.
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