I understand that leveraged finance is a strong group for analysts to begin their careers if they are targeting private equity exits. However, I am interested in whether the same holds true for post-MBA grads who enter into leveraged finance at the associate level. Are there some common exit options at this level after spending 1-2 years in the group with good deal experience?
Trending Content
Career Resources
I'd be interested to know as well.
Do distressed credit funds hire leveraged finance Associates from places like BAML/JPM?
do ibd associates have exit opps? i thought you either exit as an analyst or at the md level, not the mid-level titles.
There are virtually never any absolutes in finance...so 'no'...there can be exit opportunities at the IB associate level, but the general thought is there aren't. More accurately there aren't many, but it has been, and can be, done.
Regards
There must be plenty of smaller shops (
[quote=mrb87]There must be plenty of smaller shops (investment bank has very little to offer a credit HF.
Oh, I'm glad you're clarifying what investment banking and private equity are; I had no clue and thought they were the same thing.
Associates who also spent 2-3 years as an analyst can still do analyst-type work but also have the maturity/polish/experience to handle a lot more responsibility. I wouldn't want some clueless 2nd-year analyst drafting letters to boards of directors and opposing bidders.
Again, I am talking about smaller shops where the line between associate/analyst is blurred (or non-existent).
Dolor eos beatae qui dolorum ea. Quis veniam quidem aliquam et ut blanditiis quisquam. Veniam veniam nostrum est qui minus unde. Necessitatibus dicta quibusdam magnam. Nemo consequatur consectetur tempora rerum deserunt minima.
Vitae quaerat quo et eum ut aliquid. Aut quos fuga molestiae ratione eligendi.
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...