Merchant Banking Advice

Hello, 

As a student, I am looking to get some better information on merchant banking firms and divisions. I would appreciate any information on firm names, how they rank next to each other, and general advice to somebody considering merchant banking as opposed to investment banking. It doesn't seem to be as popular as investment banking, so I haven't been able to learn as much as I would like to.

Thanks Again!

 
Most Helpful

The most established firms are probably BDT (Chicago, 9B fund) and Raine (Media focused). GS and MS both have merchant banking divisions although I believe MS is mostly real-estate focused. There are also some other smaller/newer ones (like Incentrum)

 

Rothschild Merchant Banking is the investment arm of Rothschild. I know someone who works in the US private equity arm (I also interviewed with them) so this is all anecdotal. RMB is split into a bunch of different investment strategies in Europe and North America. Five Arrows Capital is the US private equity team and they do healthcare and tech. They are really strong in healthcare and healthcare IT specifically. Apparently the private equity is completely separate from the investment bank. They don’t even have the same office. 

 

Itaque quae esse doloremque libero porro. Officia praesentium impedit esse cupiditate reprehenderit ut vero et. Officiis aspernatur quia quos dolor. Quos quod nulla sint voluptas alias.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”