19 Comments
 

Which groups?

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."
 

Citi for obvious reasons.

"I do not think that there is any other quality so essential to success of any kind as the quality of perseverance. It overcomes almost everything, even nature."
 

Citi M&A is quite strong. If this was Citi NYC or Rothschild London, okay that's a conversation. But this should be a no brainer.

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Rothschild Rx is definitely stronger than their M&A practice. I think if those are your options, it really depends what you want to do. Rx and M&A are actually very different types of work, both analytically as well as the types of clients you'll deal with. If you are going in as an associate and are interested in the long haul, go where you like the work (Rx vs. M&A) and the people. If you are going in for exit ops, I'd still probably lean for Citi M&A unless you really like distressed PE.

“Success means having the courage, the determination, and the will to become the person you believe you were meant to be”
 

Thanks everyone! Those are really good stuff and definitely displayed the reputation of both firms here. I need to sleep on it and think over. Distressed funds are actually part of my plan in the long run. From what I heard from Rothschild Rx, the group culture is pretty good. But Citi M&A for sure has great deal flow...

 
Oxon

Thanks everyone! Those are really good stuff and definitely displayed the reputation of both firms here. I need to sleep on it and think over. Distressed funds are actually part of my plan in the long run. From what I heard from Rothschild Rx, the group culture is pretty good. But Citi M&A for sure has great deal flow...

If you really, honestly, enjoy distressed, I don't see why you would want M&A. I work in distressed and find the idea of doing M&A horrendous, mind-numbing, painful. In fact, I turned M&A down because what I love about distressed can't be found in M&A. Either way you're working hard and are giving your life to the bank, so make sure you at least do some interesting work along the way. For me, X large cap company merge with Y mid sized company is the most boring thing known to man.

Another thing to mention, is that while distressed funds do hire M&A guys, they'll, generally, want younger, moldable guys with the hyped valuation skills, most likely not an Associate, just my opinion though.

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