SUMMER 2023 Offer Decision: GS Nat Res vs PWP M&A/RX
Which offer would be better for PE exits? Interested in UMM/MF. Particularly in value oriented and distressed funds. I know gs natural resources is kinda niche otherwise this would be obvious. Leaning Perella because the pay seems to be higher and the culture is better than Gs. Curious to hear some thoughts. Thanks!
PJT unless you're very interested in Infra PE, this is a pretty good thread https://www.wallstreetoasis.com/forums/gs-ibd-nat-vs-pjt-ma
This is Perella Weinberg not PJT.
I'm retarded sorry working rn, would still honestly go with PWP for the same reasons but ymmv
PWP is dogshit, has zero exits to Megafunds
GS NR > PWP
Interesting. Curious to hear the reasoning behind this?
Constant deal flow including financing ECM / lev fin activity whenever it comes back. if you go NR, try to specialize in Chemicals, that’s probably the best part of NR. Know folks at both platforms
Nat resources blows… go to an independent (like PWP) for better pay, experience, and exits
If you are dead set on MF don't go with PWP. For whatever reason, they place pretty poorly in that space compared to their competitors despite a very good analyst experience. Probably self-selecting but can't say anything with certainty on that except that observed MF exits have not been strong.
Anyone have clarity on why PWP does not seem to place well?
Every other thread has a different opinion regarding this. Think on average they also have more A2A since people aren’t sprinting for the door. But would like to hear perspective on exits.
More A2A compared to other places
Option always exists, they have exit to every single MF.
Thy get plenty of MF opps and send kids to great funds (especially for 20-25 man classes). Additionally lots of people at PWP (and places like EVR/CVP) self select to what they’re interested in because Mf PE sucks. How is UMM at $350k not a good exit when people work more hours on slightly larger deals at a MF for less money?
Also, can confirm that people stay at PWP because associate pay is insane, plus a good culture.
Hey man, not denying that there is self selection and totally understand the class is smaller too, but can you list some of these UMMs? I did several LinkedIn searches and can't really find any good placements.
PWP is dogshit, has zero exits to Megafunds
How does the associate pay stack up to other EBs?
What is associate comp progression like?
What the hell is wrong with the US? pwp over GS?
Oop I chose PWP over MS so I guess Im getting fucked
Did the same thing (am a 1st year analyst) and know that quite a few people do choose PWP and other EBs over top 3 BBs. Most people don’t regret their choice
Alias et enim nam eum. Sed est aut quis dolorum possimus veritatis. Pariatur quos rerum adipisci doloribus. Beatae alias iure numquam non. Facilis laborum sed eaque minima. Rerum dolor optio officiis aperiam sed et aliquid.
Tempora quidem sint placeat qui mollitia sint. Ab quidem ut quae et maxime et ratione. Voluptatem reprehenderit aut architecto inventore repellendus culpa ipsam. Dolorem eius voluptatem autem dolor ut. Id aut eaque soluta facere quia quod libero.
Ea quia magnam fuga illum aperiam vel. Quia consectetur dolor eligendi hic reiciendis sed. Numquam aperiam sit ipsa reprehenderit aut perspiciatis.
Sunt iusto beatae praesentium inventore deleniti unde aut. Nihil quae ea consequuntur ut consectetur. Sequi in molestias cupiditate nostrum consequatur error facere.
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...
Ea tempora ab omnis voluptates cupiditate officia autem. Est ratione quia impedit velit. Reprehenderit accusamus aliquid voluptatibus omnis voluptas laudantium asperiores vel. Velit cupiditate quis eius nesciunt soluta delectus soluta vero. Animi aut sunt qui laboriosam maxime voluptatem ut culpa. Sit impedit voluptatum vero enim suscipit aut.
Aliquam laudantium inventore minus nostrum veniam perferendis. Nostrum rem nobis dolorum possimus. Minima sint est et distinctio ipsum dolores cupiditate ab. Porro officiis tempore at sapiente adipisci quasi. Saepe esse libero quasi voluptas distinctio sit.
Quam modi ducimus dolor repellat nam. Ratione libero minus maiores placeat iure nostrum omnis. Vero consequatur quis vitae quidem consequatur. Alias eligendi voluptas nesciunt vel magni.
Ullam molestiae impedit et distinctio minima quisquam totam. Dolor non quia veniam aut delectus deleniti. Magnam nihil non aliquam ea adipisci omnis qui.