Sankaty is a great experience and def. well known within finance and debt/credit investing. Its exit ops within debt and to MBA are great, but unsure what sort of PE opportunities there are.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

Gunshot couldn't be more wrong. Sankaty focuses on Mezz financing which are critical in leveraged buyouts when sponsors look for that extra turn of leverage to get them to their desired IRR. I personally would take Goldman TMT.

 
Best Response
ByAWideMargin:
Gunshot couldn't be more wrong. Sankaty focuses on Mezz financing which are critical in leveraged buyouts when sponsors look for that extra turn of leverage to get them to their desired IRR. I personally would take Goldman TMT.

I dunno if I would say Sankaty "focuses" on mezz-they have CLO/senior secured management, opportunity funds, distressed, etc as well as mezz. Some of those lend themselves more clearly than others to working in PE. I do agree with your overall point though that unless you have a specific aversion to working in debt it's a great (the best?) option.

There have been many great comebacks throughout history. Jesus was dead but then came back as an all-powerful God-Zombie.
 

GS TMT over any group at MS, absolutely. Like others have said, Sankaty is more credit focused. I assume it's a good experience and it's definitely a good name within finance community, but if you want to do PE you'll be more actively recruited at GS TMT.

 

I was hoping to revive this thread a little since it has been dead for quite some time. Does anyone have any perspective on Sankaty (as well as other hedge funds that offer undergrad opportunities) and how they effect a student coming out of school. Are options more limited from a place like Sankaty than they would be from GS or MS?

I am assuming Sankaty or a comparable would be better if you wanted to be in the HF space for a career, is this correct?

 

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