WLB at secondaries group?
What’s the WLB on secondaries group for IB vs a buyside seat at a secondary fund. To my understanding these deals aren’t as rushed as compared to regular M&a so I assume there is more of a WLB?
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The deal velocity in secondaries is significantly higher than in M&A and direct PE— you’ll work on more deals in a summer than you would in two years in M&A/direct PE. Hours are similar to traditional IB groups, although it slightly depends on the firm.
Source: I work at a secondary fund.
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