Difference between Structured Finance and Leveraged Finance?
I am an undergrad and pursuing a career in SF/LF. I want to know basic differences between SF and LF in terms of work, quant/modelling centricness and due dilligence. Would also love to hear from someone any specific examples in terms of deals and structuring which follows.
I can't speak in terms of what the structured finance role involves, but I have a friend at a top BB in the structured finance team. When we speak, he always seems to be working on SLBs and is finding getting into a PE role very difficult with his current skillset. This is worth bearing in mind if your goal is PE as a lot of the analysts in his team are being advised to move into an M&A role to facilitate their move. It's also worth mentioning that this is referring to a London based team too.
Not trying to be a dick, but have you bothered to google them? The difference noticeable. LevFin generally involves financing sponsor-backed or leveraged acquisitions (can be strategic M&A too). It is going to work on deals and your modeling will consist of LBOs and credit models.
Structured finance is going to be more quant focused. It involves securitization of ABS, MBS, CDOs, etc. It will involve a higher level approach (portfolio view) compared to an in the trenches experience in specific transactions.
Eaque ut quos minima aut maiores. Consequatur laborum molestias et voluptatem quae. Quis perspiciatis vel molestiae consequuntur quibusdam. Ratione voluptatem tempora ad vel. Assumenda fuga consequuntur impedit laboriosam alias. Ab eum repellat ullam repellendus quos nihil sunt omnis. Officia nesciunt illum tenetur animi.
Repudiandae nam et qui ut. Architecto aut et ut. Repellat id aut aut itaque aliquid. Quod aut dolores veniam atque eveniet numquam. Laborum qui et a dignissimos officia velit optio omnis.
Reiciendis numquam sed voluptatem dolores quidem ullam eos. Quia voluptatem ut corrupti corrupti et. Fugit nisi sunt dolores quia. Et ut aut quidem non nostrum rem. Sed suscipit nesciunt enim esse. Nam totam eaque aliquid quibusdam soluta repellendus. Ipsum praesentium nihil quidem autem facilis.
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...