Comments (16)

  • VP in PE - LBOs
May 6, 2020

The M&A and sponsors groups always do pretty well. Beyond that it doesn't really matter -- no one parses through the industry groups at all. There's maybe some value to knowing which groups execute M&A in house vs. not but it doesn't really matter. You'll be doing enough basic M&A and LBO math in any group and that's all that matters for PE recruiting. You can figure out the complicated operating model stuff later on.

I'd prob just pick the group you're most interested in subject matter-wise. You'll perform a lot better if you're engaged in your work and will come off as more enthusiastic / interested in interviews.

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  • Analyst 1 in IB - Ind
May 6, 2020

From the people I've spoken with (not that many) the best group at BAML is HC and Sponsors and UBS is TMT and Industrials.

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  • Intern in IB - Ind
May 6, 2020

Majority of groups at Barclays and Baml do well in PE recruiting. Sponsors/Levfin are the strongest at CS, M&A/Industrials are the strongest at Citi. Sponsors is the best at DB hands down. MF/UMM from UBS is a pretty big challenge, but Industrials, levfin+sponsors could give you a shot

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  • Prospect in IB - Gen
May 6, 2020

Can you elaborate on the specific groups within Barclays and BAML that do well for PE?

  • Intern in IB - Ind
May 6, 2020

At Barclays its generally the coverage groups(Power, Consumer, Natres, Industrials, sponsors etc) and at BAML its coverage in addition to product(levfin, m&a, sponsors if you want to count that). Obviously avoid RE/FIG but on average, BAML/Barclays are the next tier under jp/gs/ms strictly for PE exits.

  • Intern in IB-M&A
May 6, 2020

Anyone know how regional offices for EBs are regarded for tech-focused umm/mf buyout (not growth equity)? More specifically, Bay Area tech m&a offices for firms like PJT, CVP, LAZ, EVR, Moelis?

  • Intern in IB - Ind
May 9, 2020

PJT SF is brand new, so not very many exits - an analyst left for MM PE last year iirc

Laz and Evercore both place well for west coast UMM/MF

Not sure about CVP

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  • Intern in IB - Gen
May 9, 2020

I don't think Moelis SF is as good as Moelis LA

May 11, 2020

Moelis la is better than sf. LAZ SF is all coporate work for companies like google (I believe laz boston does all the sponsor deals). EVR menlo, CVP PA are both elite. PJT/Rothschild are both small, newer offices. Q is obviously top notch but doesn't focus on placing analysts as they seek kids who "want to be career bankers." On the other hand DBO (& Greenhill to a lesser extent) punches above weight for placement. Raine group runs a team out of sf as well.

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  • Analyst 1 in IB - Ind
May 6, 2020

RBC M&A and DB Sponsors/Lev Fin place like average mid-tier BB groups from what I've seen. UMM and MF is not impossible with right background (GPA, undergrad prestige, etc.)

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May 7, 2020

Restricting myself to two groups from each bank:

BAML: M&A or TMT

Citi: M&A or Industrials

CS: FSG or Lev Fin

Barclays: Nat Res or Power

DB: Lev Fin or REGLL

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  • Intern in IB-M&A
May 7, 2020

What about CS TMT and UBS?

May 7, 2020

If you're looking just for BB information then this may not be useful, but I've seen quite a few people from Jefferies HC make it to MM HC PE in Europe, not sure about the US.

  • Associate 1 in PE - LBOs
May 7, 2020

Out of all of them, probably BofA FSG/M&A and CS Sponsors are the most competitive with Top BBs

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  • Intern in PropTrad
May 9, 2020

Don't forget RBC. Top tier BB <3

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  • Intern in IB - Gen
May 9, 2020
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