what are the exit opps for restructuring?

seniorplow's picture
Rank: Monkey | banana points 36

From what I've gathered, doing restructuring after graduation leads to opportunities in distressed debt hf or more restructuring. What other opportunities are there?

How hard is it to go from restructuring to a PE firm that doesn't necessarily deal with distressed debt or bankruptcies? Also, how hard is it to move from restructuring to M&A? I've heard that the two are very different, yet the skill sets are somewhat similar.

I've looked at past forum topics regarding restructuring but couldn't find the answers to these questions. Thanks.

Investment Banking Interview Course

  • 7,548 questions across 469 investment banks. Crowdsourced from over 500,000 members.
  • Technical, behavioral, networking, case videos, templates. All included.
  • Most comprehensive IB interview course in the world.

Comments (11)

Apr 29, 2008

I have three friends that have come out of restructuring groups :

one went to a major Distressed Debt Hedge Fund, one went to an equity HF (long/short), one went to a MM PE not specializing in distress.

Apr 29, 2008

special situations pe

Apr 29, 2008

how about regular PE? Is it harder for restructuring kids to get jobs at the better PE shops (not special sits. or distressed), or do they just prefer to go to distressed debt HFs? As I said, I only know of those three cases, would be interested to hear from someone with more knowledge/data points.

May 5, 2008

Given that restructuring is probably going to be really busy for a while, is this deal experience worthwhile to top Private Equity firms and Hedge Funds? Or is the skillset just suitable for Special Situations PE and distressed debt HFs?

    • 1
May 5, 2008

Just curious, how about distressed debt/equity trading on either buyside or sellside?

Thanks.

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Nov 6, 2012

Most likely it will lead you to a distressed debt HF though.

  • ........
  •  Nov 6, 2012

.

Nov 6, 2012

Restructuring is obv an active place to be now.

How long will it be a good place to be? Still a good place for a summer analyst next summer?

Nov 6, 2012

I'm curious about the exit opps too, other than funds specializing in distressed debt - say how are the exit opps to regular mega fund pe groups?

Take it as it comes
JJ

Nov 6, 2012