Santander FSG NY vs Cantor HC NY

Based on the most helpful WSO content, here are some insights to consider:

1. Santander FSG NY:

   • Santander's Financial Sponsors Group (FSG) focuses on sourcing deals from private equity clients, often involving leveraged finance and capital structure advisory. While FSG roles may not be a "two-year modeling camp," they provide exposure to leveraged loan market dynamics, pro-forma combinations, and deal structuring. This could be a strong fit if you're looking for deal experience with a focus on leveraged finance and sponsor-driven transactions.

2. Cantor HC NY:

   • Cantor Fitzgerald's Healthcare (HC) team may offer a more industry-specific focus. Healthcare is a robust sector with consistent deal flow, and Cantor has been known for its niche expertise in certain areas. However, Cantor's overall reputation and deal flow might not match the scale or diversity of Santander's FSG.

3. Key Considerations:

   • If you're industry-agnostic and primarily seeking broad deal experience, Santander FSG might provide more diverse exposure across industries and deal types, especially given its focus on private equity clients and leveraged finance.
   • If you’re open to specializing in healthcare and prefer a more focused industry approach, Cantor HC could be a good fit.

Ultimately, your decision should align with your long-term career goals and the type of deal experience you value most. If PE is not your interest, Santander's broader exposure might offer more flexibility for future opportunities.

Sources: Life In The Financial Sponsors Group, Top groups at BOFA London, LevFin in London, Santander on the up?, Asset-Backed Finance & Capital Markets Exit Ops from BB