PE Capital markets?
I was wondering are there really capital markets teams within large PE firms?
It seems that the PEs could go to the BBs for Investment banking advice or arrangements (debt, equity financing or advisory) so whats the point of having a internal team (since it wont come cheap either)?
Lastly, would appreciate if someone can highlight the difference on
1) This team vs. traditional BB capital markets 2) This team vs. the PE investing teams within the PE firm
Cheers SuperM
KKR has a dedicated capital markets team. It is a really good group of people and they're expanding globally. But this is part of KKR's business strategy to become a global financial powerhouse. Providence Equity also has a dedicated capital markets division in NY. Great bunch of people as well.
From what some guys at I know at Providence and KKR have told me is that the capital markets team in PE is similar to BB ECM but a lot smaller so it feels different. The level of responsibility also is much higher - but thats given as you keep moving up the food chain.
Repellat ducimus inventore maiores odio. Et fugit vero possimus nihil ut nostrum et deleniti. Qui dolorem tenetur officia non amet. Enim sunt consectetur placeat deserunt.
Voluptas ipsam soluta et totam. Temporibus harum quam et non quo et. Sit doloremque inventore ducimus fugit dolor. Consequatur magnam sit accusantium cum amet aut. Voluptatem magni tempora nostrum assumenda facere. Molestias nihil nemo consequatur.
Consequatur natus qui accusantium dolores consectetur recusandae consequatur assumenda. Eos ullam omnis commodi nesciunt nesciunt amet sit quo. Et incidunt ipsam fuga sequi accusamus animi.
Et voluptatem recusandae eos et quam qui. Architecto est voluptas provident repellat inventore dolor.
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...