How much does this matter for EU/UK recruiting..... realistically?
If your FIG bank team has a large deal flow in a bank that is top of the table, are you at the slightest PE disadvantage compared to an industrials/infra/consumer bank group?
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Lol at this. Just do FIG if you like it and don't do FIG if you don't like it, go with your personal preference. Plenty of ex-FIG bankers in PE, but yeah if you do FIG for the reason of getting PE placement you would suck at it and won't get anywhere
You mean FIG specifically or it's equally applicable to all groups?
GS FIG no difference in exits
I never understood the FIG hate on WSO. I'd say you're potentially at an advantage rather than disadvantage. Nothing stopping you from recruiting for generalist PE roles and then you have a very good shot at the plethora of FIG focused funds out there as well coming from a top FIG group. For solid candidates I have never seen a FIG background being an issue for PE recruiting.
Just curious, could a CFA charter conceivably offer even a slight marginal advantage for recruiting in those FIG-focused/related funds?
Maybe this FIG hate reflects things that applies only to USA recruiting & not London
The hate is probably stemming from people getting scared of FIG businesses that they don't understand and proceed to shit on them. I'd actually rate people with FIG expertise much higher than your vanilla consumer retail guy, everyone knows that anyone can model consumer businesses.
Wow, I'd have imagined FIG businesses would be the easiest to understand, as we're all finance people, but what do I know, I'm just an incoming intern
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