2 Comments
 

Based on previous WSO threads, here are some notable investment banks and firms involved in special situations and distressed investing:

Bulge Bracket Banks with Special Situations Groups:

  • Goldman Sachs
  • Morgan Stanley
  • JPMorgan
  • Citi
  • Bank of America
  • Credit Suisse
  • Barclays
  • Deutsche Bank
  • UBS

Global Non-Bulge Balance Sheet Banks:

  • Wells Fargo
  • RBC
  • HSBC
  • Nomura
  • RBS
  • BMO
  • Mizuho

Upper Middle Market - Full Service:

  • Jefferies
  • Cowen
  • William Blair
  • Piper Sandler
  • Stifel
  • Raymond James

Notable Special Situations Funds:

  • Lone Star
  • Varde

These firms and funds are known for their involvement in distressed debt and special situations investing, often buying non-traded financial assets at a discount to NAV or engaging in distressed-for-control strategies.

Sources: List of US IBs, Distressed debt / special sits investing - On the job, Distressed Debt / Special Situations Job Security, Special Situation Groups at BBs, Direct Lending --> Distressed/Special Situations Investing

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

Molestiae pariatur magni itaque aut esse ut amet. Dicta dolores quo consequuntur id qui iste repellendus. Harum illum quisquam eveniet ut. Eum tenetur vero omnis esse at occaecati. Accusantium ducimus qui commodi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (24) $180
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
DrApeman's picture
DrApeman
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”