No secret that sponsors is the undisputed top group at the firm at this point and I assume also the fastest hiring one given their relative revenue to team size (not the biggest size but by far highest revenues). Everything runs through sponsors at the firm whether that is M&A LevFin or ECM (UBS barely does any IGCM). Now it's been over a year, it's pretty much for sure the case sponsors are the best group. LevFin does more execution and less coverage, but sponsors get exposure to other products and the bank is run through sponsors not through LevFin (most of the bank activity is still LevFin, but there is some ECM work and very few M&A stuff... all of which is almost exclusively sponsors-based). Of note: am at the firm but either of these groups but largely judging off our deal updates... although a good chunk is LCM and it's the strongest product group almost every single deal across product groups (particularly noticeable in M&A product groups) is through sponsors.
FT recruiting at UBS is a risky endeavor, as the interns at the top groups are much more likely to take the return, the groups that will be left are going to be shit-tier ones with either bad deal flow or bad culture (or worse both like REGL). If you are at a notable MM IB or something, would honestly keep it and try to lateral. If you are at non-IB, then obviously this is still better. UBS deal flow is extremely varied and the only groups where you will for sure get at least some deal experience are Sponsors/LevFin/GIG/FIG (LevFin lead lefts, although not M&A, still should teach you a lot particularly how to think like a credit investor. The bank is very varied in terms of deal flows with some groups being solid and others being completely non-existent.
Lev Fin is constantly having deals and getting leads from different sponsors. Next tier is FIG, GIG and Consumer, followed by Healthcare and M&A, then last rung is TMT
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Need to do NY Hirevue
Highly recc for good wlb
Yeah laying off the shitty coverage and M&A teams and expanding in LevFin/sponsors. Bozo
No secret that sponsors is the undisputed top group at the firm at this point and I assume also the fastest hiring one given their relative revenue to team size (not the biggest size but by far highest revenues). Everything runs through sponsors at the firm whether that is M&A LevFin or ECM (UBS barely does any IGCM). Now it's been over a year, it's pretty much for sure the case sponsors are the best group. LevFin does more execution and less coverage, but sponsors get exposure to other products and the bank is run through sponsors not through LevFin (most of the bank activity is still LevFin, but there is some ECM work and very few M&A stuff... all of which is almost exclusively sponsors-based). Of note: am at the firm but either of these groups but largely judging off our deal updates... although a good chunk is LCM and it's the strongest product group almost every single deal across product groups (particularly noticeable in M&A product groups) is through sponsors.
FT recruiting at UBS is a risky endeavor, as the interns at the top groups are much more likely to take the return, the groups that will be left are going to be shit-tier ones with either bad deal flow or bad culture (or worse both like REGL). If you are at a notable MM IB or something, would honestly keep it and try to lateral. If you are at non-IB, then obviously this is still better. UBS deal flow is extremely varied and the only groups where you will for sure get at least some deal experience are Sponsors/LevFin/GIG/FIG (LevFin lead lefts, although not M&A, still should teach you a lot particularly how to think like a credit investor. The bank is very varied in terms of deal flows with some groups being solid and others being completely non-existent.
thank you I appreciate it
Lev Fin is constantly having deals and getting leads from different sponsors. Next tier is FIG, GIG and Consumer, followed by Healthcare and M&A, then last rung is TMT
Is it done now?
Probably
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Ipsum dolor atque atque eum veniam. Repellendus quo et dolores possimus id. Quod voluptatem quia nihil saepe. Tempora labore aut modi.
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