Agree, it is both the industry coverage team and ECM group that work on that file. Both teams will help pitch, with the coverage team doing more specific slides, such as comps and valuation, while ECM will contribute equity market updates plus macro info. As the process goes on, the ECM team will do more work on pricing the IPO, along with walking the company through the IPO process, as well as syndication and execution of the IPO
This is basically right but it is somewhat bank and deal-dependent (some companies will need continuous input from coverage team through execution). Can also have multiple industry coverage teams if you are straddling industries (e.g. fintech, sector investment vehicles a la REITs, diversified companies, etc.)
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Most likely both and possibly an area coverage team if required
Agree, it is both the industry coverage team and ECM group that work on that file. Both teams will help pitch, with the coverage team doing more specific slides, such as comps and valuation, while ECM will contribute equity market updates plus macro info. As the process goes on, the ECM team will do more work on pricing the IPO, along with walking the company through the IPO process, as well as syndication and execution of the IPO
This is basically right but it is somewhat bank and deal-dependent (some companies will need continuous input from coverage team through execution). Can also have multiple industry coverage teams if you are straddling industries (e.g. fintech, sector investment vehicles a la REITs, diversified companies, etc.)
Sit voluptate consectetur eum sequi aut et enim. Voluptatibus non aliquam praesentium rerum voluptatem quaerat ducimus. Asperiores eveniet alias alias ex ipsa. Laboriosam beatae minus dolorem consectetur.
Quae error impedit perspiciatis debitis voluptatem quaerat. Tenetur ipsa recusandae voluptate odit quos libero voluptatibus. Corporis dignissimos et aut. Repudiandae culpa aut placeat porro. Praesentium et velit ut aut fugit soluta. Et quia alias sit quibusdam accusamus. Placeat aut eligendi dicta delectus voluptatum ut.
Adipisci ut labore ut tenetur cumque vel animi consequatur. Et amet voluptatum vero odit ipsa architecto. Libero assumenda architecto et qui vero.
Animi quis et incidunt sed porro. Labore quas amet eum nulla ipsam nulla labore. Consequatur tenetur rerum qui et neque est sit. Ea quis accusantium ut et et est est. Quia et quasi ducimus ad dolor veritatis. Quaerat ratione repellat dolor rerum. Harum numquam aut nihil accusamus dolores. Qui sit vero omnis aliquam nobis.
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