Comments (14)

  • Prospect in IB - Gen
Jun 30, 2020

Bump

  • Prospect in IB - Gen
Jun 30, 2020

know BAML has a major office not sure about anything else

Jun 30, 2020
Prospect in IB - Gen:

What are the typical exit opps from IBD BB firms in CLT? Are there smaller PE/HF firms in the area or do you have to live in NYC? Looking to start career in CLT at a BB but not sure in the long run if there will be exit opps?

There are some solid MM funds in Charlotte:

  • Pamlico
  • Ridgemont
  • Frontier Growth
  • Carousel
  • Falfurrias
  • Summit Park
  • Kian

Couple of BDCs in the area - Capitala, Triangle Capital Corp (RDU)
Couple of Mezz - Five Points Capital (W-S), Plexus

    • 1
  • Analyst 1 in IB - Gen
Jun 30, 2020

The people at Ridgemont are astonishingly good looking.

Jun 30, 2020
Analyst 1 in IB - Gen:

The people at Ridgemont are astonishingly good looking.

Girls, guys or both?

*No judgment here

  • Intern in IB - Ind
Jun 30, 2020

Are you blind?

Most Helpful
Jun 30, 2020

Can provide more color on the firms mentioned above.

1) Ridgemont - One of the largest PE shops in the SE ( I believe second to a firm based out of ATL).

2) Falfurrias - Founded/Started by Hugh McColl. For those unaware of the name he basically formed Bank of America back in the day through significant M&A Transactions.

3) Pamlico - Spin off from Wachovia I believe after merger with Wells Fargo/when Wachovia was run into the ground.

4) 5 Points Capital - Associated with BB&T however was just bought out by another PE firm based out of Dallas. Mentioned in post but this is not in Charlotte, but Winston-Salem. About hour and a half from Charlotte.

Most of these shops at associate level will typically recruit from local shops like Wells. Harris WIlliams is a breeding ground for Pamlico.

Additionally Churchill Asset Management - Leg of Nuveen/TIAA that provides financing for PE shops. Few ex Regions Guys.

Unfortunately not too many Hedge Funds that I am aware of. If there are just smaller family office shops.

    • 2
Jun 30, 2020

tobin and co is the ONLY exit opp worth talking about.

    • 1
Jun 30, 2020

There are a number of good MM PE shops in Charlotte. Some do traditional buyout investing while others, like Frontier Capital, focus on growth (they just changed their name to Frontier Growth). Most of the associates come from smaller / regional banks (BlackArch in Charlotte pumps out analysts to Frontier) but I imagine someone coming from Wells or BoA would have a great shot

  • Prospect in IB - Gen
Jun 30, 2020

How does BAML LevFin Charlotte place vs LevFin NYC?

Jun 30, 2020

Obviously NYC LF places better overall. CLT LF is still a very solid shop though

  • Prospect in IB - Gen
Jun 30, 2020
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