Any insight to Dwight Mortgage Trust reputation / Dwight Capital and comp for analyst and associate?
Is it a good place to go for capital markets?
There was a thread a few years ago that said it was either terrible on your resume and a bad place to work, or that fun working atmosphere. Any updates?
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They hire only the best
https://nypost.com/2023/06/16/alleged-child-rapist-michael-olson-fired-…
What that person did (or allegedly did) is despicable but I don’t think it is a reflection of the company.
I have interacted with them Dwight a bit and my experience was good. Didn’t seem like the stereotypical aggressive New York finance company. I could be wrong though.
Nothings changed with Dwight, they are a boiler room cold calling shop that is the scum of the HUD world. They paid a record setting $15M fine in '22 or '23. I'd rather sell knives door to door than work at that shop.
Why are u so anti?
Negative comments on this post obviously know nothing. DMT hires 1-2 analysts a year, lean deal team and they manage 2.2B. Strong deal flow (can see on their website) and they have JV partnerships with other debt funds. Starting comp is 6 figures all in (source - interviewed there)
Know enough that they had the piss poor judgement to hire the pedophile to run underwriting
Obviously they wouldn’t have hired him if they knew he was a Pedo. It’s a referendum on the individual, not the company. Yes in hindsight it was a bad hire but it doesn’t take away from the fact that they have grown to 2.2B in AUM in only 5 years, and that according to LinkedIn their people have went to prestigious shops like Apollo and Madison Realty Capital
They have a reputation as cut throat, but pay well and hard working. They do what ever it takes to win basically. They have been accused occasionally of manipulating pro formas, but that is unfounded sooo don't listen to those rumors until proven.
They came in hot and ruffled a lot of feathers, expanding quickly and that leads to a bad reputation, so take everything with a grain of salt. But they are known for being a bit iffy, but no one has ever given me a direct example haha.
Manipulating proformas? What's an example? It's all made up expectations anyway and don't people on the equity side push to get the most proceeds allowed even if not real or when fundraising fluff up development numbers to investors?
Seems the whole industry is scummy even well known, institutional shops from my limited experience but maybe I'm wrong here curious if you can share more.
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