+1 Interesting, appreciate the info. I'm in talks with one of their teams trying to break into multifamily development. Curious to see what your thoughts would be if this is a good place to start. Swamp Ape
+1 Bump Analyst 1 in IB - Gen
+1 No issue Prospect in CorpFin
+1 Went to an event with Dartmouth partners recently and this was discussed. Tldr is any kind of serious time wasting is usually a blacklist with that firm (i.e. reneging on an offer, no-show for interviews etc.) Intern in IB-M&A
+1 Understood. Associate 3 in IB - Cov
+1 try to look in the long-term...ozempic will for sure do more bad than good in the long term. Analyst 1 in IB - Gen
+1 Bump Prospect in IB - Cov
+1 If he was an analyst during covid years it’s possible, Wells was willing to do it in 2 years at that time but it was basically only due to Covid and so many people quitting. Analyst 1 in IB - Cov
+1 bump to add my data point, okay yr for us (boutique lo). comp in the range of $450K. 5+ yoe Analyst 2 in HF - EquityHedge
+1 Bad question do better Analyst 1 in ER
+1 You're so right. And, I've also heard the non-"Jesus with me" women have spotless pasts. Side note: One of my favorite sayings is this one, "There is no saint without a past and no sinner without a future." NoEquityResearch
+1 Depends where you are and how far you want to travel. If you’re uptown, basically every park from Morningside up has courts. The MLK projects also have the Kingdome, and Rucker is right off the train by the Polo towers. Prospect in IB - Gen
+1 There is literally no better humor than these posts braxtonberrios
+1 lol you are so cringe dude Take a break Analyst 1 in IB - Gen
+1 It’s only 2 years, it will be painful but doable and you will have great exits. Analyst 2 in IB - Cov
+1 Deleted Analyst 1 in IB-M&A
+1 bump following closely Analyst 1 in IB-M&A
+1 As someone who started around the lehman blowup and saw a few interesting events (euro crisis, brexit, variou  china blowups, the fall and subsequent rise of us interest rates) i am actually inclined to agree with t monaco_monkey
+1 Piper Sandler loves it Prospect in IB - Cov
+1 Associate 1 in PE - OtherThis was just not a helpful comment - give your view or move on. You’re a d-bag on these forums half the time for no reason CRE
+1 Associate 1 in PE - OtherLol defensive so easily. What a clown CRE
+1 Hey, can I please PM you?I am seriously considering moving to germany next year-specifically uni mannheim for MMM, I have good grades but the problem is lack of good internships, its near impossible to even land big 4 TAS anothergodammasian
+1 eh i think i confused myself and shouldn't be that hard. randomfreshmanguyuva
+1 good for roll-ups given it's fragmented Analyst 1 in IB-M&A
+1 Just whack a 40x EV/EBITDA and inshallah and hope Thoma Bravo will look at it Analyst 1 in IB-M&A
+1 Thank you. I will retake the GMAT during my exchange semester. maxi1403
+1 Thanks a lot for your insight, I really appreciate it. Sasoskii
+1 That’s a very fair point, and I completely agree. Sasoskii
+1 Thank you very much for your comment, I really appreciate it. Sasoskii
+1 Managing Director in HF - Other BVL LDN
+1 im getting paid above street for my title on the base - lets see what bonus says come H1 26. Pay structure can be different though ie some PCAs offer co-invest  alongside base and bonus  Analyst 3+ in IB - Cov
+1 We need to get rid of useless programs like the diversity greencard program and the refugee program and focus entirely on a points-based system. What do we need? hedgehog9
+1 moneymaker03
+1 Work in IB or be fat. The duality of man. moneymaker03
+1 Their m&a team sits under corporate finance and execution coverage. Not a lot of actual m&a processes given the region is capital markets driven. It falls under AIBC (coverage IB). i love chickens
+1 do you think there is too much false precision in special sits / distressed as a whole? Associate 1 in IB-M&A
+1 yes. media, energy, healthcare, and FIG share US P&Ls.  Prospect in IB - Cov
+1 tiger global (mega prestige) Analyst 1 in IB-M&A
+1 Can confirm, spoke with one of the HC post MBA associates while recruiting IB during my MBA program. Sounded very sweaty (he did mention a few 3-4 AM nights) but the healthcare coverage exposure sounded great. Business School in CorpStrat
+1 May be a bit dated but Hours probably below street (9-9). Comp is street, not sure what bonuses are like Dead in August, everyone is on Eurosummer mode Analyst 1 in IB-M&A
+1 How has your mandate adapted (if at all) with the evolution of LM? Also curious if you came from an RX IB seat before. Thanks Analyst 1 in IB - Cov
+1 Anonymous Monkey: KageSelly: KageSelly
+1 Not currently in a development or investment role, would have to take several steps down. DM'd you with more specific info. Swamp Ape
+1 QoE/FDD is typically done for:1) EV to Equity Bridge: to get a view of what’s net debt and the normal level of WC2) Understand the normal level of adjusted EBITDA Manager in CorpFin
+1 My technique is controversial but it worked. I put my bullets in chatgpt and asked it to make the text more concise, attention grabbing and emphasise on the points that recruiters actually care about. amazingpi
+1 too much brainroot and having friends on Discord leads to this GS under Blankfein
+1 Sorry I’m not an international, so I'm probably not the right person to answer this. That said, I have seen international post-MBA at distressed funds, so it’s definitely possible. Analyst 3+ in HF - Event
+1 Associate 3 in IB - Cov Managing Director in IB-M&A
+1 Not an expert, but just to add some nuance: Evercore is typically ~30/70 large-cap vs. MM, so you actually get a solid mix. Analyst 1 in IB-M&A
+1 I’m biased since I’m at Evercore, but I’d push back on the BB comparison. EVR feels very different from BB, sector teams are typically 10–20 people including MDs, versus BB sector teams that are often 30–70+. Analyst 1 in IB-M&A
+1 goodL1fe Assist. VP in PE - Other
+1 discordworldI hope you don’t mind me DMing you I don’t mind.  Please DM me. odog @digitalimmortality.com
+1 fees are the best measure, not deal value Analyst 1 in IB-M&A
+1 EVR doesn’t pay the same as BofA, BofA has had a few years of shit bonuses due to overcrowding of VPs Analyst 1 in IB-M&A
+1 Luck and the right senior team has a lot to do with it but there is absolutely a sufficient amount differentiating people to be able to tell who clearly deserves it. Senior VP in PE - Other
+1 following - im pretty sure that hirevue is auto.  Intern in IB-M&A
+1 Do you know any special sits funds that invest in public equities as well as debt, i.e. truly invest across the capital structure? Analyst 2 in IB - Cov
+1 Appreciate you doing this! If you don't mind sharing, curious if you could shed more color on what the recruiting process looked like (if you used a headhunter and if there was a case what it looked like)? Associate 2 in PE - LBOs
+1 when you mean informal/offcycle processes do you mean for new grads? All experienced hire recruiting is basically adhoc offcycle and plenty of bulges hire as well(JPM the most). Analyst 2 in IB - Cov
+1 As you get older you'll like the fact that you don't really do anything in your role. Also: money. yantander
+1 In my view, nothing prepares you better for a buy-side investing role than actual buy-side investing experience, whether that’s in HY, LL, or DL. Analyst 3+ in HF - Event
+1 Assist. VP in PE - OthergoodL1fe goodL1fe
+1 You should be able to get direct looks for buy-side roles. Funds that invest across the capital structure typically run a generalist model for juniors. Analyst 3+ in HF - Event
+1 NYC horrific public transport? Lol. You know whats horrific, concrete urban sprawl with 50 lane highways and Ford F150's and dodging a tractor trailor to cross 8 lanes. kvaradona
+1 For a private credit case study, focus on these essentials: wirkutskijkarl
+1 You’ll be fine Intern in IB - Gen
+1 those legacy MM partners from lexicon are now doing massively well having followed the same clients over the past two decades which are now in the multi-billion pound valuatons. especially in FIG Prospect in IB - Cov
+1 Having a 3.8 rounded even coming from an EB, semi-target, + having a passion for crabs Incoming Analyst in IB - Gen
+1 I’m not the most knowledgeable on this, but my sense is that it’s not very common for funds to invest meaningfully in both debt and equity. Analyst 3+ in HF - Event
+1 I think it’s also worth noting that on the ags side, a lot of traders at ABCDs do take big spec risk in their books and run decent VAR each day but still get paid on par with any engineer or corporate analyst rather than t AIForever
+1 DonDylan Prospect in IB - Gen
+1 Yellowstone Club is not the same as what OP is talking about. YC is totally private. OP said a limited ticket resort which implies public but a limited number of tickets sold each day to ensure no crowds. lake_michigan
+1 based off last yr -> everyone gets hirevue (unless u get screened out by low gpa or smth), first spd is i believe mid jan (think third week, followed by a second in the fourth week. Prospect in IB - Gen
+1 it sounds like the whole company is reliant on deal-by-deal fundraising. Only you can answer if that works for you or not. CRE Credit
+1 this is wrong, jpm recently changed their recruiting process. they are going back to focusing on networking  simplifiedclap
+1 Too real Associate 3 in IB - Gen
+1 Analyst 2 in IB, you are allowed to use swear words on the internet don't worry! Jealous little boy. Its ok.  Analyst 1 in IB - Cov
+1 They don't sponsor anymore - stopped a few years ago. This is from a confirmed source Analyst 1 in IB-M&A
+1 These absolutely exist, the price to get in the door is a $10M+ home. PEarbitrage
+1 Agree with the above commentor, why would you not just wait to get promoted then lateral as a new / fresh associate? Analyst 2 in IB-M&A
+1 I find mental that BB are paying €85k base salaries in Madrid and Paris when analysts in London are working 100 hours and living in a shared shoebox for 65k Associate 2 in IB - Restr
+1 Politics matter, but the real barrier from VP/principal to partner isn’t just office politics - it’s economics. Associate 2 in PE - LBOs
+1 u are looking at cautionary tales, not role models.​if ur seniors are fat, bald, and can't beat the benchmark, they aren't "successful". they are just highly paid hamsters on a wheel. tonythebrief
+1 Learn infra PE technicals if you want to do Infra PE investing. Yes, this requires you to learn infra modelling. If you don't like it or think it's super boring, probably not the field for you. It truly is that simple. Analyst 1 in IB - Gen
+1 Thanks both, much appreciated. Yes, I’m moving to a significantly stronger platform and leaving a struggling team, so it is a clear step up. Analyst 3+ in IB - Gen
+1 I'm at one of JP's biggest target schools and this is completely false. Three or four years ago, yes they had no networking. Intern in IB - Gen
+1 Funny flux55
+1 I focus on the US, so I’m not as familiar with EMEA. My understanding is that the US corporate debt market is ~5x the size of EMEA’s (though don’t quote me on that). Analyst 3+ in HF - Event
+1 Not at one of these platforms; but if you want to do impact work but not in the energy / infra space; would take a second look at the impact PE firms. KKR Impact EQT's Future fund, Apollo's Impact. Associate 1 in PE - LBOs
+1 u are confusing cash flow with wealth.​creators are just highly paid employees of the algorithm. they own nothing. if the platform changes, their net worth hits zero. tonythebrief
+1 Analyst 2 in IB - CovHavent seen them in my 2 years, unlike evercore who is on a lot of deals. Prospect in IB - Gen
+1 Have only seen them in insurance / insurance services Analyst 2 in IB - Cov
+1 It's still tech and the absolute richest people (at least the publicly known/non-sovereign types)  will always be from tech going forward.  PrivateTechquity 🚀🚀🚀
+1 It depends on whether you want to do equities. On the equity derivatives side, there is often significant skill overlap between strats, structuring, and trading. potatolover34
+1 Shit happens. I wrote USB instead of UBS for a cover letter. Just take it as divine intervention and move on. Analyst 1 in IB - Gen
+1 Really great summary for SaaS. For margins, as a sponsor, do you look for companies with already optimized margins (30%+ EBITDA) or do you give some room for value creation so you can further optimize S&M? Analyst 1 in IB-M&A
+1 Please also specify if you did an MBA. Feel like that plays a big role in your net worth for late 20s and early 30s  Analyst 1 in IB-M&A
+1 This nonsense is why skiing is dying. If you don't want to ski around other people just earn your turns like a man. gufmo
+1 I did the same path recruit for TDPs BBTrader
+1 u are confused about the hierarchy.​msf: gets you an analyst seat (entry level). u pay tuition to restart your career alongside 22-year-olds.mba: gets you an associate seat (post-grad level). tonythebrief