There have been a few threads on this, but not enough to answer the questions I had regarding a position like this:
I'll be starting soon as an analyst in Leveraged Loans/HY Bonds Capital Markets at a. Won't be doing High grade, as that's separate from the group - (i.e. is split btwn IG and Lev.). Was wondering what kind of work I'll be expecting with regards to:
- deals with PE firms (my feeling is that there'll be a few LBOs where PE's will want to fund with mezz and HY)
- hours for this group?
- exit opportunities (I assume better than High grade DCM, but on-par/less than actual investment banking analyst?)