These are the groups with HHs hit up for Day 1 on-cycle interviews. Granted, just what I’ve heard/encountered, so feel free to correct me/comment any additional groups.
GS TMT/FIG/IND, MS M&A/MediaComms (unconfirmed), JPM M&A/HC, PJT RSSG, EVR M&A/RX, HL RX, Lazard, BofA M&A/FSG.
Looks like process was super early this year and HH were very selective. Any info on other BBs & Moelis would be appreciated.
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Which offices for Houlihan RX?
NY/LA confirmed. No info on Chicago
PWP?? Moe??
This is a pointless exercise. If you are at a "good enough" combination of bank and group, and are a ideal candidate, you will get invites. My friends at the following banks not mentioned above that are non-diversity all received invites: Moelis, PWP, BofA non M&A/FSG/REGL, Barclays. Another thread said Piper Sandler too.
tryna help quantify what “good enough” bank and group is. Obviously going to differ from fund to fund, but just giving info.
deleted
I also had friends at Barclays, Piper, and Moelis that had multiple interviews each
why are they so selective about this? the talent pool is spread across many firms. I used to think only the sharpest kids got EVR but you realize that's not even close to true.
everyone good got invites its not done by picking x group over y group
How did HH know who was good when none of them even started training yet
bump
Moelis NY received inbounds. Dont know anyone in LA but would assume would also be the case
Fel
GHL?
Friend received MF invites
M&A or Rx?
Dude you’re so wrong. If you’re good at any decent bank you get every look that exists. It’s up to you. Group doesn’t mean anything .
U cant show that ur good when oncycle kicks off before training
Group is literally the #1 determiner of oncycle opportunities, especially for MF... this can change in offcycle/once you get some reps, but oncycle is VERY determined by what group you are in. There's literally nothing else to sort them on, everyone is a well-qualified grad with no experience. Strong behavioral and having prepped LBOs/case studies are table stakes... there's not much left, are they going to determine how well you aligned logos as an intern?
Go look at the top funds that post bios, their ASOs/VPs are almost always from a small number of elite groups.
Del
I know individuals that got interviews at every single MFs that went yet weren’t in the groups mentioned.
Did MS M&A fill half of H&F and KKR as usual?
Del
Are they planning to fill every spot off cycle?
Not accurate.
.
Sorry you got rejected!
What were GS TMT placements like? Anyone know SF specifically?
Heard scant participation
makes sense - doesn't sound like much tech funds went on cycle except tpg growth and some others i may not be aware of
Know a bunch of guys/gals that went through the process for MFs and SIGNED MF offers On the BB side: GS: think 1-3 each from TMT, HC, and IND placed (not sure about NR & Consumer) MS: think 1-3 each from M&A, M&C, GPUG, and FSG placed (not sure about the rest) JPM: think a couple of M&A and HC signed, not sure about the rest BofA: think a couple in BofA as a whole signed (M&A and FSG probs). Not sure about the rest
Don’t think the rest of BBs had MF looks
On the EB side: RSSG: placed a few at top MFs Evercore: placed around 5-10 at MFs Centerview: difficult to interview because of 3 year program Moelis: didn’t hear about anyone placing (I’m sure a few placed) Lazard: didn’t hear about anyone placing (I’m sure a few placed)
I have friends at Barc and DB who received multiple MF looks
What groups at these firms
Did they attend target schools?
Where did RSSG place?
just curious about the cvp 3 year program and difficulty of interviewing. could you expand on what you meant and how its difficult? is it difficult for cvp folks themselves to actually get into the process bc cvp as a firm discourages buyside recruiting early on or because hhs don't reach out to cvp folks?
You have to stay for the full 3 years, otherwise you have to pay back the sign-on bonus.
HH reach out just don’t engage
Barclays top groups got looks. Sponsors, HC, Tech, Industrials.
What about P&U?
What about BofA CR and Healthcare?
Those groups are not great. Only BofA groups that can place okay are M&A and FSG occasionally.
.
GHL RX guy has been reached out by MF. Heard MOE analysts too
Somebody above said GHL M&A as well
Know kids at DB who got MF PE outreach and interviews... every BB/EB will get some kind of on-cycle in terms of interviews. There is a correlation between people's internship offers and prep quality usually though so those DB kids often don't do so hot. Also goes without saying the worse the BB/EB, the more of a top group you have to be in (I..e : at DB only top groups get looks, while at like GS most coverage groups are getting looks).
What groups in DB?
Know RELL and Sponsor kids who got on-cycle MF interviews when I did on-cycle (am class of 2023). I seriously doubt it's very different in terms of who gets looks though it's very clear significantly fewer firms are now doing on-cycle(this year 10 did and not all gave out offers, year before number was closer to 15-20).
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