Bain Capital PE vs PJT RSSG
Hi monkeys,
I go to a top target (H/W) and I am currently deciding between 2 SA offers. I am learning towards PJT RSSG due to the highly technical exposure in RX and having the flexibility to switch to L/S HF, PE, distressed HF/PE in the near future. I understand that Bain Cap is already buy-side but I am not worried about getting another buy-side opportunity, I simply want to go to the right buy-side opp for myself. After interviewing with Bain Cap, BX and Apollo, I'd rather work at the latter two places down the road than Bain Cap mostly because of how Bain Cap approaches a lot of their investment thesis. Culture at both Bain Cap and PJT is great, comp will be similar, probably would like to start my career in NYC which gives PJT a pro.
Any input would be very appreciated. Thanks everyone again throughout this recruiting process.
Fellow monkey
Definitely take PJT R&R, the exits and skill-set you get there are both best in class. One of the best, if not the best, groups on the street for buy-side placement
Can't go wrong with either but I would pick PJT RSSG for the network and the more valuable skill-set as junior.
I'd absolutely take PJT. "New," exciting, top place to work at that will leave you with a great skill set and more options. I personally don't think there's a better place to start a career than pjt at this point, with Blackstone quality and talent, freshly poached top rival bankers, lack of regulation due to their size, and freedom to grow and tackle massive deals.
That being said, Bain Capital is great place and you can't go wrong with either. Also, I'm curious as to what you didn't like about their "approaches a lot of their investment thesis?"
In the end, PJT will give you better training, better client exposure, more access to partners, and better options (but not necessarily a guarantee return offer to Bain Cap though). Congrats!
If it gives you comfort I took PJT over a megafund analyst offer and I have no regrets. PM me if you want to chat.
Any chance you know what happened to Robert Liu?
Interesting how more than a few of the incoming class made a similar decision... Other than getting a training in the technicals, are you not worried that your exposure to investing is limited?
From my understanding, some of the kids in the incoming class accepted PJT's Strategic Advisory (M&A, etc.), not just RSSG, so they would have more exposure to investing than you think.
Which "incoming" class are you referring to?
Was it for SA or RSSG?
Thank you everyone for the responses, definitely solidifies my choice. Anyone have a comment otherwise? I still have a couple days to decide.
PJT all the way. Your technicals will be solid at the end of the two years and who knows, you might like the advisory business. You'll never know unless you try it. And in the chance you don't like it, it's PJT, so you'll have buyside opps at your disposal.
Congratulations, both are monumental achievements.
who said you can't lateral to a different buyside gig after Bain Cap?
I see no reason to not pick Bain Cap, unless you are specifically interested in RSSG
You can but you won't be part of the "conventional" pool for headhunters and you'll have to do it behind Bain Cap's back. PJT gives you lots of resources, strong alumni network, and senior personnel will vouch for you.
Completely agree. Can't imagine there are a lot of opportunities that you can't get out of Bain PE that you can get from PJT excluding distressed.
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why is it so cut and dry to do PJT? Bain Cap PE is as good (if not better since the hours/culture are better) asBlackstone PE, and it's probably 50/50 between taking BX PE vs. former BX restructuring, no?
It's not cut and dry at all but from the infos OP provides it makes more sense to do PJT.
Former BX restructuring had a lot of clashes with GSO - since this is gone they have been killing it in restructuring
Thanks guys. I've made my final decision and will be going to PJT RSSG. My decision was based on (in no particular order) best exits on street (not sure where I want to go yet for buyside), will be very good at technicals in 2 years, constant partner and client exposure, great group culture/hours (people are very laid back, face time isn't an issue even for SA/just do your job), top 3 comp on street (much higher than regular street), NYC.
Congrats dude.
Congrats on making a decision.
Wow, you know times are changing when college kids are suggesting sell side over buy side.
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