Updated thoughts on Macquarie?

Hi all, any information that can be provided on MacCap's analyst wlb/comp/outlook/top groups is appreciated

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  • Intern in PE - Other
Oct 10, 2021 - 4:50pm

MacCap is top notch infra advisory. Also contains the Green Investment Group which is basically private equity from the firms own balance sheet.

MIRA is the other private equity arm, in the AM arm, which is more traditional PE, also in infrastructure.

Can only speak for MIRA but culture is supposedly great with a lot of seniors having been there for several years, many from analyst up to MD. Hours are amazing for the job, around 9-11 on weekdays and rarely, if any, weekends.

Exit opps to all major PE funds with infra, i.e Blackstone, Apollo etc

Oct 12, 2021 - 9:38am

Agreed on most fronts here, although I had a mate at Mac Cap and as far as I know, the hours were pretty brutal. As has been echoed in this thread, the group has a stellar reputation in Australia, where Macq and Goldman fairly consistent lead the league tables. Only thing I'd add is that the culture is allegedly fairly cutthroat. 

  • Analyst 1 in IB - Cov
Oct 11, 2021 - 11:11pm

Current MacCap analyst here, so can weigh in. Overall agree with infra is still top notch and main bread winner. Essentially Macquarie as a whole uses its balance sheet and infrastructure to have a solid base, where advisory plays on top of. Industry groups wise I would say DCM and TMT are doing very well, as they've had tons of deal flow. Culture is overall good with lot of long term people, but hours have been harsh given the current environment. However, would definitely say the vast majority of analysts are favorable on the firm and there are tons of examples of long-term A2A bankers.

Happy to answer additional questions privately. Obviously biased towards the firm so take what I say with a grain of salt

TLDR: elite infra and very good MIRA, other industry groups building out

  • Analyst 2 in IB - Restr
Oct 12, 2021 - 7:23am

How has comp been in the past year with the brutal hours? The base has been recently raised too, was this raise global? Have not heard much info on this

  • Analyst 1 in IB - Cov
Oct 21, 2021 - 7:24pm

It was raised to 100k USD, I believe globally. As for bonus not too sure as I recently joined, but main thing is the stub year for first years given March FY

  • Analyst 1 in IB - Cov
Oct 21, 2021 - 7:25pm

See above, but would add from my understanding quite good as deal teams tend to be lean, meaning bonus flows down more. Cant comment on specific numbers but conceptually should be good given performance

  • Analyst 1 in IB - Cov
Oct 21, 2021 - 7:27pm

I will caveat by saying deal teams are typically lean so hours tend to be worse, id say on average 5-10 hours a week worse but I cant comment for everyone. Tho my experience has been much more than this given my specific team (will not name). However, I would say Macquarie has attempted to be understanding and good about spreading around staffing to prevent bad burnout

  • Associate 2 in IB - Gen
Oct 12, 2021 - 2:13pm

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