Merchant Banking Interview

Merchant banking can be used interchangeably with with private equity, it's historically been used for sell-side banks' private equity franchises (i.e. Allen & Co. Merchant Banking, GS Merchant Banking, etc.).

At the bigger firms, yes, it is generally synonymous with private equity. In the middle-market, typically merchant banking means the group does both investment banking/advisory and principal investing (generally as a fundless sponsor) themselves, rather than having separate teams.

that cleared up a lot of confusion, thanks. any info on what the interview would be like?

have you tried looking on GlassDoor? Might be some helpful info there. I've interviewed with a number of merchant banks this year (all lower-MM) and honestly the interviews were all over the place. Know the basics for any IB/PE interview. Resume walkthrough, why that company, know what they do, know why you want to work in merchant banking. Aside from the basics, I've gotten everything from super hard technical questions to completely random personality type stuff. Just study the IB and PE guides. you'll be good.

I interned at a merchant bank in Cali. PM me with any questions

dude its the same shit. u will get asked the same questions as any ib interviews look thru the WSO guides and you will be fine.