A boutique investment bank is hiring "shareholder activism research analyst" and advertise it as "good entry position to investment banking".
Can't find anything on the position. Seems relatively new. Any thoughts?
| +347 | Evercore Intern Seizure | 56 | 22m |
| +59 | JPM M&A is Gone??? Purely Coverage Banking??? | 30 | 2h |
| +57 | Is DCM actually underrated ? | 24 | 6h |
| +48 | Losing my personality in Banking | 9 | 6h |
| +48 | How do I understand vs. just memorizing? | 6 | 2h |
| +46 | Are all Tech / TMT groups sweaty? | 38 | 7h |
| +39 | Am I behind? 31 Year Old Analyst | 9 | 2d |
| +39 | Associate & Above IB exits | 16 | 3d |
| +32 | Incoming IB Analyst: Best Ways to Prepare? | 10 | 3h |
| +27 | Which groups are ideal for laterals? | 12 | 5h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Interested as well
Bump
Assuming this is Evercore.
You would be working for Bill Anderson, who recently came from GS. Looking to make a name for himself at Evercore independent of his prior experience.
Expect little modeling or corp finance experience (this should be a given, since they added "research" before analyst). Will be making pages on activism trends or activist profiles most likely. Other banks have largely outsourced this function and have an/assoc. focused on the tactical aspects of a takeover / activism situation.
You will learn from Bill and others, but experience will be "nichey" / non-technical and less relevant for those looking for a PE/HF exit in a few years. Would choose another EVR group over this one and if you are interested in general IBD, this is not a good fit.
From a deal-flow perspective, Evercore is not well-represented in the activism league tables (see WSJ score card - not in top 10 for 2015: http://graphics.wsj .com/activism-scorecard/).
Other leading activism groups: CS, GS, JPM, MS. Will likely get better experience in these groups than at EVR. CS does a number of contested M&A and activism situations (Samsung C&T, American Capital, Macy's, etc. http://dealbook.nytimes. com/2013/11/11/boardrooms-rethink-tactics-to-defang-activist-investors/) and GS is has folded their activism group into a broader "shareholder advisory" group which does activism as well as broader shareholder analysis (http://www.nytimes. com/2015/07/07/business/dealbook/goldman-restructures-its-activism-defense-team.html?_r=0). GS well-regarded and strong dealflow. CS very very strong in small to mid cap market. Both CS / GS would give good experience and a mix of different deals. Unsure of JPM's recent deals, think they are focused on smaller situations but unsure.
Up to you, but would look at one of the BB groups before choosing a new group at a boutique that provides limited corp fin experience - not likely to be a good start for you career in finance.
How does this hold up now that Evercore is near the top of the rankings you mentioned?
Bump
Enim et numquam quam aspernatur magnam impedit sed. Vero repellat sed minus accusantium necessitatibus quidem. Consequatur enim sunt earum non doloribus et nobis. A sed quas neque voluptatem amet tempora corporis.
Deleniti dolorum id officiis porro. Vero illo ducimus consequatur reprehenderit voluptas saepe. In voluptatem et dolorem sit. Repudiandae repudiandae eveniet voluptatibus repellat in deserunt necessitatibus.
Ut eius velit cum consequatur. Distinctio sit eum rem nam. Aut aut excepturi qui aperiam rerum. Nulla tempora odit laudantium voluptas dolor sint autem rem.
Laborum est consequatur sint est. Laborum minus fugit quo ut doloribus non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...