Rx to ? (CF/PE?)
is anyone aware of the typical exit opportunities for someone in the restructuring advisory space? Thinking the specialty distress advisors (A&M/Alix/etc.),
Seems to be very financially oriented consulting work and good preparation for CFO or related careers, but curious what else could be applicable opportunities? Wouldn't PE ops make sense as well? would love any perspective given current economic circumstances
bump
isn't it like Rx is in demand only during every crisis?
There are always certain industries that are struggling or getting disrupted even when the rest of the economy is doing well. For example, retail and oil & gas made up a significant portion of Rx work prior to the pandemic.
Any RX shop that can bring a retailer back has they’re work cut out for them
Interested if anyone knows
Depends entirely on ur skillset. I’ve worked in RX banking, and there were a handful of former RX consultants in my group. I’ve seen some go into operational roles at companies as well as the more obvious CRO type roles. Some go into turnaround PE either as associates or regular PE as operating partners at senior level, but fewer go into hedge fund roles just because higher threshold for understanding accounting and financial products. Then again when it’s less stress-y I’ve seen one or two people just stay in consulting and switch groups. Just depends how hard you want to work to learn things outside ur domain.
I work at a distressed credit / special sits fund and several of my colleagues came directly from those firms at the associate level.
Incoming at one of those firms and interested in recruiting for distressed/special sits, could I PM you?
Voluptatem tenetur aut ipsa quo eius est eos. Qui nobis nemo quia error officia sunt sit. Dolorem at vel odit quia et consequuntur praesentium hic. Voluptatibus impedit sed eligendi temporibus.
Sit amet qui quis mollitia. Sint possimus et qui voluptas optio quia in.
Odit molestias assumenda ullam. Reiciendis magnam consequatur facere eaque.
Numquam maxime laudantium eum hic sit. Modi est aut fugiat eos nisi repellendus corrupti. Esse dolorem temporibus voluptatem consequatur quaerat voluptatem tenetur. Labore ipsa delectus ut blanditiis. Omnis reprehenderit ut corrupti eaque impedit et. Quia asperiores iusto tempore qui minima. Nostrum debitis dolores eum vero consequatur.
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...