Rothschild M&A in NYC top MM firm?
I've done a search, yes, but there's not too much info around here about Rothschild in NYC. I know that their RX is top-notch. But what about M&A?
Pay, culture, learning experience, exit opps? Strong/best verticals to cover? Could one work at Rothschild 2-3 yrs as an analyst and go into PE? Or will one have to lateral? How do they compare to other top MMs (HL, WB, Stifel, WF, RBC, HW)? I know that they poached some Barclays bankers a couple months back and I may express an interest in that group (consumer retail).
Any thoughts? This is for FT. Thanks
i thought it was guggenheim that poached the barclays CRG team.
HL corpfin (not Rx) is just average, not the same level as Baird / WB / RBC
Definitely not as strong as Rx, but still a strong M&A MM shop. Exit Ops to PE are okay, but not BB / EB status. asianracist is probably right that Baird / WB are better for exit ops. RBC, on parish. Better than Stifel / HL Corp Fin imho.
Experience seems to be good. Those guys work really hard. Really high caliber people from what I can tell.
I've come across a few guys from Rothschild at upper MM PE firms, but I don't know how well it actually places.
I will say that the one person I know well from Rothschild was in the M&A team and hated it. Hated the hours, culture, etc. and moved to what I would call a comparable firm/culture (don't want to out him). From there, he is now in MM PE on the East Coast.
On the plus side, he did say that the training is solid and he thought his modeling skills were stronger than others.
Why did he hate it?
peinvestor - what are some names of the PE firms you saw Rothschild guys place into? I've done a LinkedIn search and I've found VERY little... (NYC location only).
What are some specific things your friend hated about the M&A team at the firm? Across the board, it seemed like the firm loves to emphasize their culture and have people that make IB their careers. I know that analysts are assigned to M&A verticals - does that mean the analysts only interact / work alongside their vertical?
Our very own CEO of WSO, Patrick went to Tailwind Capital from Rothschild.
Vista Equity, One Equity, HIG, another MM in CT.
I don't know about interaction, but it wasn't as collegial of an atmosphere for him as the next bank he lateraled to. He said they really grind on the analysts and he was burnt out very quickly. Seemed to do better at the other firm, though the reputation isn't much better.
I've seen Patrick's old posts and I think he admittedly said he couldn't be that helpful. He worked there over a decade ago and in the RX group - very different times
They're top 20 (18 to be exact) according to Mergermarket's YTD house league tables in the Americas. I would lump them into the borderline top-tiers of MM firms.
Bump.
Thanks everyone who has responded. I was hoping for some more thoughts from the WSO community, if there are any. I have several other offers and am trying to make an informed decision soon. I don't want this to turn into a post with bank 1 vs. bank 2 in pay/exit opps/culture etc. so I will not be listing what other offers I have. But Rothschild is one of the more intriguing offers so hopefully some of you guys have more insights. Thanks!
Silver Bananas will be awarded!
Want to work 2-3 yrs and complete my analyst stint, then go to PE and M7 business school afterwards. I'm currently at a super non-target
bump...
what are your other offers? don't have to give specific names, but at the BB, general/coverage/capital markets, etc. we can't help you without any information.
This. Give us more information so we can answer your question better.
Does anyone have any updated info or could expand on the firm as a whole? Interested in exit opps, B-school admissions, culture, hours, general prestige, etc.
bump.
Quia aut eum provident velit. Reiciendis optio rem qui aperiam non cum fuga. Repudiandae omnis sed ducimus ullam. Voluptatem eum quod quos neque enim necessitatibus ipsam. Est dolorem et omnis.
Tenetur iure hic ab eum exercitationem nam et sed. Explicabo autem sunt quia veniam consequatur commodi ducimus. Sit odit officia est ratione deserunt. Est fuga dolores rerum dolore quis vel optio. Tempore voluptas ipsum nam voluptatem animi qui dolorem aut. Vel ea est quisquam eius ut explicabo veritatis. Neque ut omnis aspernatur dolor.
Labore eum iure tenetur sint quo. Temporibus velit natus aperiam fuga quasi. Sint fuga alias optio distinctio.
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...