JPM SF vs. Moelis SF

Considering lateralling to either of these groups. Both are tech (JPM is coverage).

Which offer would you take? Primarily interested in which places better into buyout. Not interested in growth equity. Not necessarily interested in tech PE specifically either.

Thanks!

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Comments (23)

  • Prospect in IB - Ind
Mar 16, 2021 - 11:47am

Def JPM SF for buyouts in general despite no in-house modeling

  • Analyst 1 in IB-M&A
Mar 16, 2021 - 12:03pm

Both are mediocre. JPM SF historically send people mainly to strategic finance type roles - honestly not sure why. Moelis on balance is better because the SF office helps their Analysts with recruiting quite a bit if they want - I think they have a couple people going to MMs this year. 

  • Analyst 2 in IB - Gen
Mar 16, 2021 - 1:48pm

Probably at a MM or lower BB somewhere else and was open to opportunistic laterals wherever. SF lateral market has been extremely active. Worth it for the substantial brand upgrade even if you aren't 100% wedded to tech.

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  • Analyst 1 in IB-M&A
Mar 16, 2021 - 1:59pm

Already in SF in a tech banking role, so it's easier to make the jump to a better bank in the same location / vertical. I don't dislike tech, but I'm not 100% set on recruiting for tech buyout specifically, so I want to take whichever role will potentially give me better looks in other industries. Thanks.

  • Business School in IB - Ind
Mar 16, 2021 - 2:13pm

Definitely worth mentioning then that Moelis SF is technically a generalist group, at least at the lower levels. That being said, I believe (don't work there so can't 100% verify) the vast majority of their work is still in tech and a small minority is in Healthcare due to the MDs/seniors in the office and SF banking generally.

  • Associate 1 in PE - Other
Mar 16, 2021 - 10:31pm

Can confirm that this is accurate. Work at a well-known UMM / MF and JPM SF is going to get you more PE looks.

  • Associate 1 in PE - Other
Mar 17, 2021 - 5:16pm

Know folks that have been involved with both of these two groups. JPM TMT will offer more optionality across PE / GE / VC (i.e. SLP, TAA, TCV, IVP, etc.). The group is growing quickly and winning more and more meaningful mandates. When associate recruiting rolls around, you will have your pick of the lot for UMM / MF

  • Analyst 1 in IB-M&A
Mar 17, 2021 - 7:12pm

Ran a quick linkedin screen – doesn't look like many end up placing in UMM / MF and the ones that place into those fund in SF were from the JPM NYC office. 

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