Has anyone worked in this industry before? Could you give some insights about how different is it from traditional IB/ and what skill sets you learn from the job? Is secondary considered to be less technical? Thank you soo much!
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bump anyone?
referring to this? http://www.wallstreetoasis.com/forums/secondary-pe-modeling
^ thanks a lot! That thread is very helpful. I am also looking specifically about the comparison between secondary IB and traditional IB.
from what I understand it's a lot less technical - you still have to be familiar with LBO and DCF modeling. It's not traditional IB but you will still be pitching the group to the LPs and working on deals.
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