Private capital markets
Can anyone speak about their experiences in the group of investment banking? This includes private transactions across the stack and pre-ipo financing
Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
October 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Usually sits within the Equities department at banks. How far you go up the capital structure is team dependent.
Since you're in a product team you tend to be sector agnostic as a result (but there is a general bias toward tech and consumer by way of deal activity)
Hours more chill than M&A
Gives you good interaction and exposure with different types of private markets investors
Not so heavy on modelling. Usually forecast op models are done by company CFOs. You will be modelling investment structures, returns and cap tables. Pretty light stuff.
Overall a growth area within a bank, so a good place to be..
Someone I know is actually in this group and they are hiring aggressively. He/She pitched me on joining, and I am considering it in the new year. I don't want to ask them, but what could exits look like from this group? Sounds more technical / interesting than ECM, yet a (big) step-down from M&A (from a technical skillset perspective).
Happy to take this via DMs
Which group? Can I pm to learn more?
Do these groups hire MBA associates?
Assume you're talking about BAML?
Bump
Veritatis ut neque et odit eos maxime fuga. Nobis quia ut reprehenderit voluptatibus sed sit. Voluptatem voluptatem eveniet suscipit eum perferendis sit dolorem. Voluptatem odit soluta est laudantium sed. Autem officia sint ut quaerat ut ea sit voluptates.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...