Barclays IBD - Best Groups / Exit Ops?

Hi monkeys,

Just following the trend (saw a post for BAML) earlier today. I was curious to hear people's thoughts on the best groups at Barclays in terms of culture and deal flow and how they place in PE.

Thanks!

 

Legacy Lehman groups (P&U, NR, Industrials, CMG, C&R) will still yield best exit opps into PE. P&U is the cream of the crop while NatRes has fallen a bit behind due to a couple key MD's leaving (one in general NR and one in Chemicals).

As for PE exits I would place the groups as:

Frequent MF/UMM: P&U

Occasional MF/UMM: NatRes, Industrials, C&R

Occasional MM: Comm & Media, HC, Sponsors, Tech

Nonexistant PE: FIG, RE, DCM, etc

For culture, NatRes, C&R, CMG, and Sponsors have notoriously "chill" cultures while Tech, Industrials, and HC analysts get worked into the ground.

Note that all coverage groups do in-house modeling so if you are a rockstar analyst you have a fighting chance for any PE exit. The hard part is getting placed into a coverage group in the first place as there are 90+ kids fighting for the same 6/7 groups with 4-8 spots each.

PE placement for Barclays coverage analysts are about even with coverage analysts at BAML/Citi, but generalist MF offers are fewer and further in between due to there being no dedicated M&A group and some of its top coverage groups not being so PE generalist-friendly. (P&U, NatRes)

 

Generally agree, except for the PE placement categorizations unless your definition of MF/UMM/MM is different from mine. OP can decide on whichever category but here is a flavor of opps:

P&U/Nat Res: Carlyle P&U fund (P&U), General Atlantic (P&U), Trilantic (P&U), Vista (P&U), First Reserve Infra (P&U and Nat Res), Blackstone (Nat Res)

HC: American Securities, TH Lee, ACAS, HIG, BDT

TMT (which recently split into CMG and tech): Carlyle middle market fund, CVC, Trilantic, Providence Equity, Siris, Brentwood

Not sure why Industrials so high, also Sponsors has Kelso recently.

 
Most Helpful
UENYC:
Generally agree, except for the PE placement categorizations unless your definition of MF/UMM/MM is different from mine. OP can decide on whichever category but here is a flavor of opps:

P&U/Nat Res: Carlyle P&U fund (P&U), General Atlantic (P&U), Trilantic (P&U), Vista (P&U), First Reserve Infra (P&U and Nat Res), Blackstone (Nat Res)

HC: American Securities, TH Lee, ACAS, HIG, BDT

TMT (which recently split into CMG and tech): Carlyle middle market fund, CVC, Trilantic, Providence Equity, Siris, Brentwood

Not sure why Industrials so high, also Sponsors has Kelso recently.

This is a very accurate list. As one of the other posters suggested, and as this list shows, a good analyst can get almost any PE exit from most coverage groups at Barclays.

 

I am going to be an SA as well and I know that I want to do Natural Resources/Power. I currently work at an electric coop and I chose my second major because it deals with issues related to energy production and resource management. I just found out that this is also one of the strongest groups at BarCap. I am worried that I will not be picked because of the large number of SA's who will choose this group because of its strength, and because I go to a non-core school and don’t have as much financial/banking experience as others may have. Any suggestions for how to work your way into a specific product group?

 

impatient eh?

my friends in ibd analyst programs once upon a time got meals if they stayed past 7:30/8 and got a car after 9 i think. there isnt much way to track bberry usage and you usually get 3 months to sign up for the series 7 and 63. they arent hard tests.

 
  1. 8pm. you must stay after 8 pm but you can order before that.
  2. 9pm car service (heard some banks moved to 10pm, though)
  3. $50 per weekend day allowance
  4. You can use your blackberry. There is no texting though.
  5. Generally 3 months.

You are welcome.

 

Do any people in BB S&T get access to Seamless web from work if they routinely have to stay after 8 PM? Or is this just limited to IBD?

Hi, Eric Stratton, rush chairman, damn glad to meet you.
 

2 yrs ago they had 1 group excercise and then 2-3 interviews with the hiring desks. The group excercise consisted in deciding if a given client should have invested in a specific mining project in an immaginary country in Africa. You had to provide a multiple easy valuation and then provide further details (SWOT analysis). You had to discuss with your team and then present it in front of 3/4 VP and above people. The other interviews were plain vanilla with valuation based questions, fit and some brain teasers.

I'm grateful that I have two middle fingers, I only wish I had more.
 

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