+1 PM me, I go to UNC and just successfully finished recruiting. Analyst 1 in IB - Gen
+1 PGIM is absolutely sleepy, just like most of the other Lifecos. I work at one and we occasionally will co-lend with them or be the lender on their equity deals. Investment Analyst in RE - Comm
+1 At bachelor level it's mostly grades that matter unfortunately. You can do esade/escp/essec which look a bit more at the overall profile but then you pay a lot which might not be feasible for everyone.  adrien3
+1 UF alum so I may be bias, but if it were last year I may have said go to IU, but after this cycle, go to UF. UF absolutely crushed it with the placements this year, and are only getting stronger. Analyst0910
+1 I had four internships that fit your description throughout college and I have a few friends who landed similar roles. Summer Associate in HF - Event
+1 Could you not see yourself making partner at your firm? I remember reaching an FT article saying that the average big 4 partner makes like £1m+ Analyst 1 in IB-M&A
+1 Carry is very low there I’ve heard. The two main guys take 50-70% of the economics allegedly which is pretty nuts. Also tons of people and tons of portcos (70 or so?) VP in PE - LBOs
+1 Recent trends in the Côte d’Azur real estate market show a strong shift toward high-end, well-located properties. elliottgibson
+1 Why does it matter? Analyst 1 in S&T - Equities
+1 Assuming mid 30s = 7-10 years HF experience would guess the following. Top 1% $25M+Top 10% $10M+Top 25% $5M+Top 50% $2-3M+ Top 25-50% $0.5-$1.5M and mostly barely hanging on to industry Analyst 3+ in HF - EquityHedge
+1 BANANAGIMP: Anonymous Monkey: UK UMM:- One deal in late 2024- Nothing past NBO since. Analyst 1 in PE - LBOs
+1 Bump, great question LendingFanatic1
+1 Can’t speak to growth or performance but know they’ve grown rapidly. Have known former associates and don’t think it’s a great culture / experience.  Associate 2 in PE - LBOs
+1 Gun to my head I would probably pick AFM because of the co-op and the additional year. When you're off-cycle you aren't competing against the Ivey and Queens kids generally so that is always a plus. farpavilions
+1 Any color on the opportunistic credit team? And comp / views at the more senior level? Investment Analyst in HF - Event
+1 Also this and dad being a donor helps Associate 1 in IB - Cov
+1 In the age of AI, dumb (but responsible) kids all have 4.0s Analyst 1 in IB - Cov
+1 lame advertisement ... 1/10 Isaiah_53_5 💎🙌💎🙌💎
+1 You can do it, and I have some, but never fully trust and always cover yourself. VP in PE - LBOs
+1 I think GSB is the better MBA program especially for the most lucrative careers (VC, startups, etc.). Stanford’s location is another huge draw. Pro Veritate
+1 Stupid hardo mentality. Try to find pocket of early finish so you can grind for PE recruiting davani1420
+1 A wise developer mentor once told me if you are asking the city for anything the reason should never be about money. patrick_bateman_
+1 If you could, wouldn’t you? LeveragedBuoy
+1 Operation Varsity Blues part 2. Summer Associate in IB - Gen
+1 Analyst 2 in IB - CovThis sounds exactly like my incompetent MD at UBS that left to another mid bank Managing Director in IB-M&A
+1 Can you recommend some? flipcup
+1 On the IB Side what you can do is the following:Put the 2 balance sheet together side by side. Check the ratios, who has better cogs, sales, overhead etc. bluemonkeyeu
+1 Not at my last fund but do at my current fund. Partner is awesome, mid levels treat me well and am friends with my associate peers. Associate 1 in PE - LBOs
+1 All of the investments work actually happens at the Office of Strategic Capital (OSC) not EDU deployedcapital
+1 Associate 1 in PE - LBOsVP in Research - FI VP in Research - FI
+1 Why is this important exactly? Teller in Non-profit
+1 You wrote a lot but you never actually explained why you’re considering PE. Is it the skill set? The carry? A genuine interest? Or do you just hate your current role? GS under Blankfein
+1 Prospects, a warning: the people upvoting this post are the same people giving you career advice; proceed with caution. DuckDude2727
+1 Don't pass up a front office role for operations anything. Commodities ops is usually no gurantee of a trading seat. Analyst 1 in S&T - FI
+1 MS being thrown, but no rebuttal. The cognitive dissonance must be brutal, MAGA. anon1019
+1 UBS specializes in $200 million refinancing. Expecting UBS to handle this kind of deal well is like asking a kid to play in the NBA. Analyst 2 in IB - Gen
+1 Reasonable for such amount of heat on UBS Analyst 2 in IB - Gen
+1 FP is very indexed to tech. They have yet to exit a lot of their 2020-2021 positions and still have a lot of pre 2020 companies in their portfolio as well. Analyst 1 in IB - Gen
+1 Thanks for the insight! To be honest, nice weather is a + but I’ve been conditioned to layer up for NYC winters and I can handle Boston (investing in an electric jacket was a game-changer). dumbchimp55
+1 Yeah, it’s as if people forget these companies are distressed (and trading at distressed levels) for good reasons. It’s very difficult to get returns this way instead of just riding tailwinds Analyst 2 in IB - Cov
+1 Bump. Heading to an MF this summer and would want to work in Asia at some point, maybe HK/Japan. How do you make that move? Does it hurt your career? Analyst 2 in IB - Cov
+1 thx for the napoleon hill quote GS under Blankfein
+1 Anonymous Monkey: Themaster441
+1 It’s true of all of corporate America and a lot of government / military jobs too. Politics is real everywhere and people need scapegoats to divert blame to survive.  Associate 3 in PE - LBOs
+1 I'm mainly referring to VP+. At associate its basically you against the world and you just need to work hard and learn. The drama really ramps when you hit mid levels and beyond.  Principal in PE - LBOs
+1 GS FIG is probably the worst IBD group, up there with Industrials. Historically the exits were great but nowadays you can get similar exits from other good-strong IBD groups. Analyst 1 in IB - Cov
+1 What does UBS have to do with this transaction at all? Also what a win by LGP. SRS and now this.  Associate 1 in PE - LBOs
+1 Really even less - vestal, Krizek, Silverstein and Isai are the only ones with flexible mandates (ie can make the most of biotech) Analyst 1 in IB - Cov
+1 Harvard is very well-known but so is Stanford! For anybody that will matter in your life and career, Stanford will carry just as much weight. Pro Veritate
+1 Bump Monkeyyyyyyyy
+1 Exact same thoughts. I predict a silent exodus brewing among intellectually fatigued middle-to-junior folks. wetlamplord
+1 Dead industry, not scalable and too volatile  davani1420
+1 That’s awesome! Congrats on the acceptance. Principal in PE - Growth
+1 The market is booming, but the firm has no deals Analyst 2 in IB - Gen
+1 I got a Cartier santos L blue dial with my signing bonus years back. My year end bonus ended up being 2x my salary so it ended up working out. TackoDonkey
+1 I think I saw Judd Arnold or someone like him post a bunch on LinkedIn from when he / they were interviewing. GL Hags28
+1 Don't worry I'll take care of your girlfriend Partner in IB - Gen
+1 Assuming you don't have a business or real estate properties, only thing you can do is max out your 401ks and HSAs. Both of those lower your taxable income. Analyst 2 in IB - Cov
+1 Given you have the added challenge of needing sponsorship, it will be a pretty uphill battle even for MM / LMM PE funds  Investment Analyst in HF - Other
+1 Analyst 3+ in HF - EquityHedgeAssuming mid 30s = 7-10 years HF experience would guess the following. laka
+1 not at your level so no real advice but anecdotally last two PE shops I worked at (MF/UMM) i’d say 3 directors easily coasted for two years but then by year 3 seem to get shown the door as firms deemed them to not be partn VP in PE - LBOs
+1 I know a transfer that placed really well, if you put in the right amount of effort from the start you'll be fine. ovenfreshbuns
+1 I lead another IB workshop program at a different school. I think in general it’s hard for internationals to get into these programs because of the language barrier. Intern in IB - Gen
+1 Def depends on how Americanized you are. Lots of the IBW has kids from greek life and theres a massive emphasis on who you know for recruiting at IU. Prospect in IB-M&A
+1 Can echo the above. Have been told the same by an1s at top bb to wait until you’re ready. Makes more sense now that on cycle is pushed back 7 months Incoming Analyst in IB - Gen
+1 I noticed Barings recently posted senior associate opportunities for their debt and equity side in El Segundo. hard assets
+1 I am at 1.7k excluding bills for a 2 bed Intern in IB - Cov
+1 Your colleagues  Associate 1 in PE - LBOs
+1 We're also invested in all 3 but I don't cover tech PE. There has been a lot of discussion above about whether FP does value investing. FP claims they do (the "barbell" value and growth approach). Associate 1 in AM - Other
+1 Read earnings calls/investor days for large public players. They will cite consensus tailwinds u thinking. The equity research Q&A in transcripts will tend to push back so you get both sides ProbablyEngAnyway
+1 and the real wealth creation is in understanding covenant triggers and DIP financing? tryyuav
+1 Lol. PE complexity is not into spreadsheets. Nor are returns. VP in HF - Other
+1 It’s about prestige, not supply and demand. The aura of the cool smart tech bro who gets free kombucha delivered to his beanbag chair at work while playing ping pong during his 30hr workday is gone and not coming back. tryyuav
+1 >> threaten to invade allies  >> surprised allies won’t back your war  They’re not sending their best  TopBoy.-
+1 Soros_Dude is just looking at random boardrooms trying to find ones with lots of women, so he can get offended. Isaiah_53_5 💎🙌💎🙌💎
+1 probably 200-400 lehman_is_paradise
+1 Piggybacking on this. What about experienced and high performing investors at separate  internships telling you they think you have 'it'? JJanonLO
+1 Artie Lange’s Beer League Rover241
+1 I would never say "another recognizable company with better pay" just say you had another opportunity that you felt was better for your career. unamedbanna
+1 I'm in the same boat in terms of trying to decide on a start. It's so obvious to me that I want to end up spec trading commodities, but I'm not sure how to do it.  Spreadsheet Sasquatch
+1 If you were able to land a SD at Allen & Co. I’d assume your network is pretty sharp. I’d just stay in touch and continue your relationships. Plenty of banks hire FT candidates from different arms of banks. Associate 3 in IB - Gen
+1 Probably the former, as someone who was there :) Associate 1 in PE - LBOs
+1 Good list - I think you could probably get rid of Cerberus from that list at this point 90% sponsor finance - incl in whitehorse, falcon, old mezz funds that went upmarket to do Unis, SBICs and some smaller BDCs like Glads VP in PE - Other
+1 A much more egregious one is a Tech MD placing his own son at the bank from a noname liberal arts school (Lafayette) this summer Analyst 2 in IB - Gen
+1 I'm surprised by your last question on AUM. I never thought of AI as impacting AUM capacity. In my mind, trading liquidity is the governor of max AUM for MM HFs, not bandwidth for analysis.  MMPM
+1 It’s not a very fulfilling job; however, the pay is immediately better as an associate than any buy side roles. Associate 1 in IB-M&A
+1 Generally considered one of their weakest groups. Intern in IB - Gen
+1 congrats on MBA Prospect in IB - Gen
+1 Try in the morning testtest8
+1 3.5 is cut off. You’re fine  davani1420
+1 how do you only spend 10-30 minutes on your initial screen?  how do you know/justify if their underwriting assumptions or values make sense? do you just take a set haircut on every deal?   hard assets
+1 Based on the most helpful WSO content, the RBC Industrials group is indeed considered one of the standout groups at the bank. WSO Monkey Bot
+1 Thanks a lot both, appreciate the perspective. Presume the same logic broadly applies even if I were to cast a wider net, e.g. FoF/Co-Inv, family offices, etc? Associate 2 in PE - Other
+1 “After grinding through a few "Direct Investment" cases at major funds, I’m over the vanilla PEtrack.” VP in PE - LBOs
+1 On this note, what else can drive cash generation below EBITDA beyond capex and NWC? tentwothree
+1 BD will be the first screen and show candidates across different pods.You're absolutely right in that it turns with the market. Whatever is in vogue is where the hiring is. Investment Analyst in HF - Other
+1 Very limtied shareholder activism in Singapore. There's of coursse, Effissimo which technically is based in Singapore but trade mostly Japanese equitities. Investment Analyst in HF - Other
+1 Short positions are exactly the same as your long positions. The number one question is ask yourself is how and when can a position wipe you out. Investment Analyst in HF - Other
+1 This is a ridiculous and bloated rant that tries to bully anyone who disagrees. All you’re doing is dodging the obvious and hiding behind anecdotes and moral lectures. Managing Director in IB - Gen
+1 VP in PE - LBOs Associate 2 in IB - Cov