IB Infrastructure Advisory vs. Infra PE

Bai-du's picture
Rank: Chimp | 13

I am currently considering two offers, one being from an infrastructure finance advisory team with one the BBs in NY, the other one with a boutique renewable PE firm.
While I have been considering a move to an infra fund (and in particular renewable) for a while, I am also very tempted to take the other offer as I believe I may get a more comprehensive exposure to the full set of IB products.
What do you think would be the pros/cons of each offer, any view on the exit opportunities if I go with the IB advisory offer?
Many thanks.

Comments (5)

  • Analyst 1 in IB - Gen
Aug 2, 2020

Is the BB offer for an infrastructure coverage group or an infrastructure financing (i.e. project finance) group? Pretty significant differences between the two.

Also, at what level would you be jumping in?

    • 1
Aug 2, 2020

That would be the infrastructure financing group. I would be coming in as first year associate having experience in Project Finance in a mid-market bank.

  • Analyst 1 in IB - Gen
Aug 2, 2020

Got it. I've seen people make the move from BB infrastructure financing to big-ticket infra PE at the associate level, including people that lateraled from somewhere else previously, so you'd definitely have the optionality. I imagine comp at BB IB would also be higher than at the boutique shop, but like the poster said below it does delay what you really want to do by x years.

    • 1
Aug 2, 2020

This is helpful, thanks very much.

  • Investment Analyst in PE - Other
Aug 2, 2020
Comment
    • 1
    • 1