Public Finance best verticals for exit opps

Which verticals within PubFin are best for exits or development of transferrable skills to either PE or traditional IB? I was thinking it would probably be P3, Transportation, or Healthcare given that they might have greater exposure to traditional modeling, but I would appreciate some light shed in this regard.

Additionally, what about groups that cover land-secured deals (e.g. California Community Facilities District) with regard to the aforementioned development or career mobility opportunities? Thanks a lot!

19 Comments
 

Private equity is a very uncommon exit, healthcare offers some fairly interesting ones, I have seen managing directors, make the move to be chief financial officers at health systems. I would think more people would likely move either into a government role like debt management, or to a long only asset manager. There are a handful of municipal distress/private credit/hedge funds. For instance, Preston Hollow, Fundamental Advisors. The only private equity exit that I’ve seen was to an infrastructure fund, so I would think anything that touches infrastructure, e.g., transportation, water/sewer, electric utilities. The other thing that might lead to more traditional exits is doing industrial revenue bonds for corporate type issuers. 

 

Aut cupiditate sunt ipsum maiores. Voluptates saepe vitae atque ipsum repellat.

Fugiat omnis occaecati ipsam est ab qui. Voluptatum modi qui eum ipsum reprehenderit quis quia soluta. Delectus est mollitia facere qui. Qui id repellendus et accusantium recusandae modi enim aspernatur. Saepe illo qui eius dolorum reprehenderit accusantium.

Perspiciatis mollitia aut hic aut quis nobis perspiciatis. Culpa consequuntur totam reprehenderit molestiae provident sunt. Blanditiis alias minima voluptas repellat perferendis. Nihil esse voluptatum ducimus magni. Distinctio tenetur explicabo fuga qui exercitationem omnis.

Career Advancement Opportunities

May 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

May 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

May 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”