Shareholder Activism Research Analyst
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?
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
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