Rothschild Restructuring
Hey all,
New to the boards. I have an offer with Rothschild and was wondering if anyone had further information on the group (sentiment, exits, reputation etc...). I'm interested in restructuring, so let's assume I'm placed into that group (more than likely).
This isn't the only option on the table, but I'm hoping to get more information on this group specifically, instead of hearing age-old arguments surrounding whatever other opportunities I happen to list.
(Note: Lazard & Blackstone are not options at this point and I'm more interested in debtor work so did not apply to HLHZ)
in which office?
hey restbanker, i worked in nyc in rothschild restructuring from 2002-2004 so things might have changed and I might be a bit biased but here are my views:
Again, I would take all of these with a grain of salt since it has been 5 years since I left. wow, i'm getting old.
Good Luck, Patrick
GMAT Tutors: //www.wallstreetoasis.com/page/one-on-one-gmat-prep WSO Resume Review: //www.wallstreetoasis.com/page/wso-resume-review Invite Friends: //www.wallstreetoasis.com/invite WSO Guides: //www.wallstreetoasis.com/wsoguides
Does New York get to work on any sovereign deals? I saw they were the lead advisor to Puerto Rico's debt RX back in 2017. From what I understand, most sovereign deals are out of Paris?
New York was on Puerto Rico
All offices are being considered for NY. How would Rothschild's restructuring group compare to say Evercore restructuring? Keep in mind, it would be the restructuring group, which unlike the M&A group, is fairly new and has traditionally hired out of state schools (i.e. Michigan, Texas etc...). Are the differences marginal to a point where it could safely come down to an issue of where the better fit is?
I'm hoping to avoid any quick conclusions from those who haven't worked in banking before (i.e. the name is Evercore, it must be better etc...).
Does anyone know what exit ops are like at the top 2 debtor shops: Lazard and Blackstone? (correct me if I'm wrong in saying they are often considered the top 2).
JT Marlin is about it for both, especially for BX.
You can find thread upon thread about the exits for Lazard and Blackstone. The standard answer is "any megafund you please."
It'd be great to get more light on my last post though, the clock is really ticking, which is why I started this thread in the first place
I don't think there is an easy answer to this because brand does carry weight, but based on the strong exits out of Rothschild recently i would go with them (known entity).
Rothschild's restructuring is known to be the strongest part of the US branch whereas Evercore has much more of an M&A history / pedigree. Most people who will be interviewing for PE jobs in 2 years will understand this difference. If you end up at Rothschild you should get some great live deal experience especially as the wave of bankruptcies keep coming the next 2-3 years. You could also get great deal experience at Evercore, but if you are on the restructuring side I would argue that is a bit less certain.
Hope that helps, Patrick
GMAT Tutors: //www.wallstreetoasis.com/page/one-on-one-gmat-prep WSO Resume Review: //www.wallstreetoasis.com/page/wso-resume-review Invite Friends: //www.wallstreetoasis.com/invite WSO Guides: //www.wallstreetoasis.com/wsoguides
Miller Buckfire should probably be considered alongside LAZ and BX for top debtor restructuring shops.
Voluptatem impedit nihil quaerat voluptas deleniti ad ut. Cumque ex nemo odit quo maiores nam. Omnis quia non sit et ullam non. Quibusdam vitae perferendis et magni est quibusdam optio non. Magni error exercitationem repellendus molestias non.
Animi ex nostrum quisquam dolor. Qui mollitia aut accusamus. Qui placeat a voluptas maxime. Modi quia omnis ipsa placeat tempore voluptatum. Ea sint hic sed velit. Occaecati quod iure excepturi dolores quia ut suscipit.
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...