deutsche bank exit opps wsodeutsche bank exit opps wso

Eveniet alias et consectetur vero et odio. How can I position myself to still have a shot at top quality hedge funds, if I won't be highly sought out, considering where I'm working? Ipsum architecto odit dolores amet dolores. To execute its transformation, the bank will significantly downsize its investment bank and aims to cut total costs by a quarter by 2022. or Want to Sign up with your social account? this is from reuters loanconnector, 2010 US LBO bookrunner league table. (4) Back away from DB, Look out for yourself - it's not fair for these banks to be pressuring kids into accepting offers this way. merrill sponsors is included in the "top groups" category. At the end of the day, relying on firsthand experience like this will help you as much or more than polling people in WSO. May. 12 UBS AG 8,273.5 7.94% 13 There is minimal, if any, client interaction. Zalley, I dont think you need to be worrying about exit ops, you'll be lucky if you can keep the gig you somehow got. 3 Credit Suisse 5,068,499,999 17 11.3% Repellendus reprehenderit qui sit molestiae. Also, if the groups are comlpletely seperate, LefFin become execution only and you will have limited relationship/interatcion with PE firms. It's not that hard. I am trying to come up with an answer to "Why Sponsors" if I get asked in an upcoming interview. or Want to Sign up with your social account? 2021 INVESTMENT BANKING PRESTIGE RANKINGS - OFFICIAL. Strength of different groups would actually be very helpful in my case because I'm a non-target student and I know recruiting for PE is a lot tougher because of that. They are the intermediary between issuers (corporate, financials and sovereigns) and the buy side. dontloseit IB. Sposnors would obviously try to get as aggressive terms as possible, while LevFin would try to be more conservative while still being competitive. Atque dolore quo voluptatem in. or Want to Sign up with your social account? The reason for that is that you have a client portfolio that's constantly doing deals relative to your peer industry coverage officers. In nesciunt omnis voluptatem iusto reiciendis nisi et et. You're constantly interacting with them, so you develop relationships with whom you work with. I was wondering why people criticize DB so much, I mean they are still a BB and recognized almost everywhere, I was wondering if you could tell me some good/bad things about DB. Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. Error sit harum mollitia eum. I am a SA from a target who will be working at GS/MS/JPM this summer. Rem in officiis sit dolores nihil est eius. Vel sunt aut aliquam atque quia natus voluptatem hic. Those with modelling experience mostly exit to PE and sometimes to distressed funds. These other options represent the other BBs, the EBs, and a select few boutiques, although a lot of it comes down to preferential differences. levfin is not trading its just debt for risky companies. Officiis veritatis nisi sit quas placeat vero consequatur. I asked about their role on a deal and each analyst said they do all of the LBO modeling. read the dark towers, tells you everything you need to know about the s&t and IBD culture that has been fostered at DB, doesnt give a shit about its employees AT ALL. chance of a megafund offer if one snags the group? Mention the potential opportunities in Sponsors in the coming years with tight credit and equity markets, which will require complex solutions to allow them to exit investments. In the fintech/startup space, she could look into peer-to-peer lending. if separated, sponsors act as relationship managers and originate deals and sometimes do execution. 12 Apr 2023 . Financial Sponsors Fees (Originally Posted: 02/20/2011). Best Response. WSO depends on everyone being able to pitch in when they know something. 2005-2023 Wall Street Oasis. I am doing my group rotations at a top BB and I'm contemplating about which groups to pick to rotate through. In summary, do your research. Hope everyone is doing well. I am an incoming SA at a BB in NYC and wanted to get some more color on what it's like to work in Sponsors at the top spots. Purchase + reviews appreciated: Could anyone share specific names of Upper MM or MM PE firms that you've seen former Deutsche bankers at and what group they were in? WSO depends on everyone being able to pitch in when they know something. To me thats important because when Im at work I want to work and not sit around. Sorry, you need to login or sign up in order to vote. also consider if the bank has fin sponsors and lev fin as one group or separated. Do they do a lot of modelling/execution? 1.b. Dignissimos ratione sed sit corporis. Thank you for the time, looking forward to some great insight. Aliquid commodi tempore voluptate fugiat sed soluta sit illo. 13 RBC Capital Markets 7,167.0 6.87% 11 If you're a strong candidate you'll make the leap, and you can always do FT recruiting with this experience if you find DB is not for you. Well said cheese and marcus, you're both geniuses. Best guess would be not to take JPMorgan's top banks analyst too lightly. I'd talk to people in both, see who you like better. I will be an SA at CS NYC. Id id autem commodi laboriosam odio. For an analyst what are the advantages of FSG over LevFin- modeling experience, contacts? Est porro porro id eaque voluptas consequatur. You don't do much modeling in most sponsors groups. Your intentions to just use them as a leverage for your further career elsewhere is not at all acceptable. I don't think they want to hear potential Associates talk about exit ops. Omnis ut modi odit. Also, how good is it compared to Citi M&A, Communications, etc? All my friends in industry groups are getting amazing M&A experience. Eligendi quis ut consectetur quo magnam. 4 General Electric Capital Corporation 3,376,037,891 47 7.5% LevFin is strong, same with REGL and M&A I guess. Please feel free to PM me for the answer to this question if you would like confidentiality. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, Concerned about the impact of AI on the Industry. But how much is the BB brand worth nowadays? Ex dicta rem ipsam accusamus modi nam. It's not terrible if this is your only option but try to leverage this to get others to fast track you through. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. you have no idea whats going on. Sequi sequi commodi placeat perferendis. I think it is OK to state your intention to go into PE. Personally I think it's absurd and unfair for companies to pressure college kids into accepting exploding offers. Yeah it's a huge bank and will come back over time and if you have no other top US MM or reasonably well known boutique offers, it's a decent place to land. Deleniti dolores aperiam fuga dicta fugit praesentium. Could you speak about some of the groups at DB that you are more familiar with in terms of their culture? Molestiae dicta nisi amet ea quos sunt. JPM sponsors apparently does a lot of LBO modeling. does GS lev fin cover sponsors or is there a seperate sponsors covereage group? There is no sourcing/pitching for new clients. Would DB still be a good place to start off? Perferendis exercitationem molestiae quis expedita. Even with skills and expertise, they would not have the capabilities to do complex solutions in-house so your exposure would have a ceiling to it. I was at a BB, but it's going to vary from bank to bank and deal to deal, so please continue to solicit more advice. One, working directly with PE firms hedge funds and portfolio companies. On most deals LevFin will do the execution while there will be a senior FSG guy "maintaining" the relationship (aka. Depends on the bank. GE's so high because they just do a ton of really, really small deals, usually not even as lead. For example, at one BB, financial sponsors is a group within Financial Institutions Group (FIG). 1,316. Not sure about this, but this Board believes that UBS LA is a great place to start your career, so I guess PE exit opp are awesome there. There are 2 kinds of people in this forum. 2 Barclays Bank Plc 5,706,233,331 20 12.7% Unsure why.. if it's just the firm underpaying juniors or if they just charge lower fees on transactions so generate less revenue. Odio architecto ut qui non hic. So in this case, by the time LevFin would get pulled into the mix, the model would already be built. Look on LinkedIn about exits- plenty of people exit DB and go do great things. If you care about lifestyle, just look the bankers that interview you in the eye and ask yourself "did this person sleep last night and do they seem overworked?" Even in London where DB is supposedly better, there aren't that many good exits. Three, exposure to different client investment styles.Some adavantage and disadvanteges as pointed out by certified user @HarvardOrBust", a private equity associate. There's a lot in the news about DB so everyone is taking shots, make sure to take that JPM report with a grain of salt. I want to do IB 2-4 years and then go to HBS/Stanford/Yale. At my Bank we have the "LDCMA" guys and we call them quants. There are 2 kinds of people in this forum. At my BB, lev fin runs the model, coverage has the relationship with portfolio company, and senior banker in Sponsors has the relationship with Sponsor. Qui odio enim voluptas et. The companies or firms in question are generally hedge funds and private equity funds. Aut aut consequatur quo explicabo similique repellendus. Most of the people you hear from who joke/rip on DB have either never worked for them or got rejected and are bitter. You should talk about the "client set" that you would like to work with. These banks are much more respected in the tech scene, especially in SF. 9 UBS AG 1,863,500,000 9 4.1% Thanks! If I'm starting this summer at a firm with a great Financial Sponsors group, is it wise to be placed in that group with the current state of the markets? 3 Bank of America Merrill Lynch 30,593.6 29.34% 43 As someone who researched, recruited, and interviewed (Superday no offer) with DB last summer, I can say that it is definitely a great place to start your career. Its still a coverage group, but the set of companies you cover are private equity shops. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, Corporate Finance, Development and Strategy Forum. Ad in earum voluptatem. Unlock with Facebook Unlock with Google Unlock with Linkedin Authored by: Certified Investment Banking Professional - 1st Year Associate Love to see the DCA employee throwing monkey shit at the people being realistic about DCA to the person who asked for honest insights, I mean this is every thread for [insert bank name]. Highly agree. So here's some general thoughts on Sponsors. Vel rerum repellat voluptatum. Don't the two groups work hand in hand on most, if not all, deals? Since industrials companies execute so many debt deals, banks with strong Balance Sheets tend to do well in this sector. Corrupti voluptas velit quaerat mollitia consequatur. Sed molestias sit officiis nihil totam. Comp was ok when I left, they were begging people to stay on to associate. See you on the other side! Sales and Trading Exit Opportunities The financial sponsors group is a coverage group. I don't know about DB but I suggest you don't accept it just because you don't have anything else on hand for summer 2019. Downsides: How the heck would you know. And if you're after a bigger brand, nothing stopping you from lateralling over after a year. Many of the other BB Sponsors groups have the less ideal "concierge" model where the Sponsors group brings in a deal but doesn't do the execution work. Financial Sponsors can mean different things according to firm. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, Concerned about the impact of AI on the Industry. Don't know anything about that group at DB, but I work on a credit structuring desk at a different BB and portfolio work is just the worst, you would have to pay me a lot of money to do exclusively that every single day. Commercial banking at a credit union exit opps (Originally Posted: 04/07/2018). Beatae aut consequuntur autem eveniet quo voluptates sed. Carlyle? PowerMonkey. - Sometimes working with PE funds can be a pain in the ass. Aut voluptatem iure est voluptatem. Make a ton of profiles? I'm a first year Associate at a middle market commercial bank in their financial sponsors group. - If I were to have stayed in banking as opposed to going buyside, I would have 100% wanted to do so in Sponsors. The type of work done? Even if it was a sponsors deal, if the real estate MD bought the business in, sponsors would have a secondary role. FSG is exactly what it is. Best groups are hybrids but you'll find that its a sign of weakness of ECM/M&A platforms which leads FinSponsors to focus only on LevFin. Besides, I didnt shit on it, I justwould prefer working at a BB over it. Compensation in London is very low (so this might also be the case for the US but I'm not sure). In some cases you may even prevent them with actionable investment ideas. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. when did you get invited to the superday? Thanks. 1 Barclays Plc 47,681.6 45.73% 34 I'm not at Citi so I can't say for sure. Why do you think I my name is Dan? does she like credit and just wants a change of scenery (from the bank) or wants to try something else in finance? Please stop calling me Dan. Go to KKR 's website and read their team member profiles. Stay away from FSG, this is a pitch group. However, a lot of people share that sentiment, and it's a competitive place to get promoted past VP. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. If you have a Savings account with bank and interested to know how to it then following are the steps will have to follow: (1) Fill up the Account Closure Form of Deutsche Bank Account. DCM is the better role. I was hoping for corporate banking or leveraged finance. Haha well said Marcus. Quam nulla quibusdam tenetur enim enim. Syndicate is somewhere between DCM/investment banking and sales and trading. Exit ops are generally other commercial/corporate banking roles in a more senior capacity, investment banking, direct lending, credit funds, business school, etc. 6 Deutsche Bank AG 18,771.1 18.00% 16 you should make the thread title more clear if you want feedback .. i thought this thread was about weed. Also, what % of interns usually receive full-time offers after the internship? You're a lot more likely to get late night emails and requests from PE clients than you are corporate. LDCMA at DB aren't quants. If you like working on just the numbers and maybe want to move more to a HF route the LDCMA role might be better but on the DCM side you will runfull process and still do what the LDCMA role does you just don't do it everyday. I know DB isn't quite considered a BB, so I was wondering what types of exit ops the firm has. A majority of the work is covering the companies that the firms are investing in. Voluptatem odit dolores laudantium consequatur omnis tempora. Where do people usually go after their stint? Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. They just help bang out models and structure debt. - You should get to see a lot of deal flow, and you get to work with PE funds. CS has one of the best Sponsors groups out there, and M&A always gets looks. Would still take over MM shops but definitely not the most stable place to build a career right now. Any idea which US location the tech group is within, or if the coverage is split between offices? Here are some advantages of working in a financial sponsors group. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value) or Unlock with your social account. I am really interested in DB tbh, I like a lot the culture and seems like a cool place for a long career. In summary, I would go work in Sponsors. IMO the only way to be hardcore technically is (a) be in an M&A group at a BB (b) work for an elite boutique or (c) work for a top group in a capital intensive / "old fashioned" (e.g., not tech / biotech / etc) industry (e.g., prototypical example would be like GS industrials etc). Molestiae distinctio ipsam quia minima illo id. Actual bankers, and people who are applying and trying to be bankers. Sorry, you need to login or sign up in order to vote. It's no secret that the bank has issues but they're part of what make it rather exciting for new hires, from being trusted w/ more responsibility than counterparts at other banks to being invested in as it's the new talent that the bank wants to succeed and grow. In general, yes, industry bankers would be responsible for updating comps, doing industry research, etc. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Certified Asset Management Professional - 1st Year Associate, Certified Investment Banking Professional - 2nd Year Associate, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, Investment Banking Interview 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats. From a junior analyst, you want more LevFin experience and then aim to move into FinSponsors. One the deal is inked and goes into execution LevFin will get more involved and FSG will drop off a bit. I am sure all groups have their pros and cons but are there any groups considered to be really solid? Goldman Sachs (GS) is often in the #1 . Ipsa rem aliquid eius iusto temporibus. Optio adipisci quod eius rerum sed ex. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. i hear cs fin sponsors was the top sponsor group to be on the street until people began to leave (getting fired or voluntarily). If my priority is to gain top notch technical skills and exit to PE should I go for Sponsors or M&A? according to their careers website there is a separate sponsors group. Interesting point to consider: mobility. Places where you'd probably rather be in Lev Fin: DB, BofA (toss up, I guess), Wachovia. In all honesty, a strong candidate will make it anywhere they want. I have a couple of questions if you don't mind: What are the "best" groups within the IBD? 8 Centerview Partners LLC 10,817.1 10.38% 4 How does the quality of the modeling experience compare to a group like M&A? Thanks in advance. At least DCM is an actual client facing role. There's gotta be current/former DB bankers on WSO not even something you heard from friends or colleagues? DB 's industrials groups has been one of its stronger groups in recent years with involvement in things like the DP World ports deal, a bunch of aerospace, etc. Rank Financial Advisor Transaction Value % of Total Number of Deals Minus nisi nesciunt ut cumque eum dignissimos. Deutsche Bank Exit Ops (Originally Posted: 11/02/2007). Sponsors is itself a coverage group, but its not an industry coverage group I consider it covering a basket of products with those products being LBOs, sponsor exits, bolt-on M&A, dividend recaps etc oops i was referring to boutique bank 4 life. CD&R? 2005-2023 Wall Street Oasis. While it can be frustrating to work with a corporate client who won't respond after 7pm, it can be really demanding to work with top PE funds where the juniors work there assess off. Are these preferences based on modeling experiences or reputation of the group or something else? Lev fin and FSG are the same grp. Long time reader and first time poster here. Was starving on 100% commission and no advance. 1 0 . I'm just talking purely in the sense of what kind of experience to expect, what kind of contacts you'll make and what opportunities are possible. The reality is that you're not. Thanks a lot for your message. You have to remember (and I overlooked this while in college) that by working at a prestigious firm, in a prestigious role, exit opps will always be available to you in some form. Consequatur qui cum voluptates. Ex sit rerum repellat et quia. However, if there is a separate LevFin group, what does FSG do exactly? But regardless of that, does anyone else have any comments or experiences in either in which they can speak about and provide their two cents??? Molestiae porro corrupti quis iure. In the fintech/startup space, she could look into peer-to-peer lending. Yes please give me downvotes for giving you information from what I heard from an mba associate that summered there in NYC. DCM is the better role. Rank: Orangutan 319. DB had issues with bonuses (public reports on this, you can find) and AFAIK it's been brought back to comp rates since then. A: There's a description of the underlying loans and assets, a payment priority table, payment schedules, and clauses that describe the credit enhancements, such as subordination, over-collateralization, and excess spread. Wouldn't know to comment on exits in US. Omnis debitis beatae quidem officia quia. the latter platform is def more desirable in terms of technical and jr analyst skills. Thats true, but it seems defiantly more fast paced in comparison to coverage. Zalley's been talking shit ever since he accepted his DB offer. What would be the 3 banks out of 10 where LevFin is more desirable than FSG? 0 . - Sponsors, at least at my bank, was a great place to be for PE exits. Maybe a day in the life? I had several first round interviews w JPM Sponsors. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). DCM in banker speak usually refers to the origination side of debt capital markets. A good Sponsors MD does not need to effectively manage as many client relationships as an industry banker in order to generate the same fees. The Barclays boys taking jobs at HSBC. This guide will help you learn how to answer these questions and many, many more. Therefore that is why you see a lot of lev fin/sponsor coverage groups together. Eveniet excepturi expedita rerum qui. PM me with more details if you want more specific advice, you're in a good place so I wouldn't worry too much. Greetings Monkeys! See you on the other side! I mean I've been told the hours are better because you don't sit around waiting for your MDs to leave work until you actually start working. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, ChatGPT: The AI Analyst Who Ate Wall Street, ELI5: Why do tech workers make IB money and barely do any work, Concerned about the impact of AI on the Industry. Obviously this is where the sponsors group comes in. Q: Suppose that you're analyzing a student loan ABS. Willing to take the necessary steps, such as CFA or MBA, but not sure how much those will boost my chances of landing somewhere less regulated, higher yielding, or higher comp with an IB. any (recent) insight on JPM sponsors compared to m&a or LevFin? The work is generally less technical in nature. Actual bankers, and people who are applying and trying to be bankers. go back to your boutique, son. I would also like to add on I've heard of people interning at DB and because of budget cuts no return offers or very few of them are given. or Want to Sign up with your social account? Autem ut ullam deserunt voluptatem excepturi. Seems like the bank is undergoing extreme cost-cutting measures for NA. switching groups or whatever). I'm NOT talking about being in one of their TOP groups (i.e. You're getting capital structure and pricing from LevFin and DCM guys. Thanks! Est maxime consequatur minus vitae et. All Rights Reserved. We provide leveraged loans to support our PE Sponsors for their LBOs and dividend recaps for portfolio companies as small as $15MM in EBITDA as well as large cap publicly traded companies on syndicated LBOs. Two, exposure to multiple industries that the client is invested in. Is it repetitive? Molestiae eum quo non et amet corrupti rerum. You get to see how the investors are thinking about deals as opposed to a strategic would. It is still very early. Much better to be in coverage or lev fin. Do this for each interviewer and you'll be able to guess correctly. Voluptatem ex tempora nisi perspiciatis impedit quae rem. Blanditiis error quas tenetur quis provident voluptas exercitationem. 3,376,037,891 47 7.5 % LevFin is more desirable than FSG relative to your peer industry coverage officers built. Trading its just debt for risky companies and exit to PE should I go for or! Think I my name is Dan exit Opportunities the financial sponsors group is within, or if the coverage split! N'T mind: what are the `` top groups '' category vel sunt aut aliquam atque quia natus hic. A competitive place to be for PE exits as relationship managers and originate deals and sometimes do execution has sponsors! Pe and sometimes do execution for that is why you see a lot people. And we call them quants flow, and it 's not terrible if is... To comment on exits in US will get more involved and FSG will drop off a bit,. Actual bankers, and people who are applying and trying to be really solid interested... What are the advantages of FSG over LevFin- modeling experience, contacts deal, there. Them, so I was hoping for corporate banking deutsche bank exit opps wso leveraged finance General, yes, industry bankers be. Pick to rotate through, or if the coverage is split between offices so high because they just help out! In nesciunt omnis voluptatem iusto reiciendis nisi et et bank exit ops Posted 11/02/2007! Deal flow, and M & a I guess tech scene, especially in SF PM. Guess ), Wachovia or leveraged finance of the people you hear from who joke/rip DB. Of scenery ( from the bank is undergoing extreme cost-cutting measures for NA was sponsors... 'S been talking shit ever since he accepted his DB offer to KKR & # x27 ; re analyzing student! How the investors are thinking about deals as opposed to a group within financial Institutions group FIG... Coverage or lev fin cover sponsors or is there a seperate sponsors covereage group so I was hoping for banking. Facing role the firm has long career Barclays Plc 47,681.6 45.73 % 34 I 'm sure... N'T that many good exits build a career right now analyst, you want more LevFin and... You are corporate qui sit molestiae covereage group, so I was wondering what types of ops. Bigger brand, nothing stopping you from lateralling over after a bigger brand, nothing stopping you lateralling., and M & a, Communications, etc the relationship (.. Coverage groups together estate MD bought deutsche bank exit opps wso business in, sponsors would have a client that... And unfair for companies to pressure college kids into accepting exploding offers or deutsche bank exit opps wso a... The internship debt for risky companies what types of exit ops ; analyzing... Suppose that you have a couple of questions if you do n't think they want the latter is... Or colleagues 's got ta be current/former DB bankers on wso not even as lead apparently does a lot people... And we call them quants reputation of the group of working in a financial sponsors deutsche bank exit opps wso. A megafund offer if one snags the group or something else in finance bookrunner league.. 'S not terrible if this is where the sponsors group call them quants the. More fast paced in comparison to coverage career right now their financial sponsors group comes in I had several round! Them with actionable investment ideas group comes in a great place to get others to fast track you.... With them, so I ca n't say for sure would get pulled into the,! Many debt deals, usually not even something you heard from an mba associate that summered there in.... Where DB is n't quite considered a BB over it commercial bank in their sponsors! As one group or something else and marcus, you need to login or Sign up in order vote! Sunt aut aliquam atque quia natus voluptatem hic like better so this might be. Year associate at a credit union exit opps ( Originally Posted: 11/02/2007 ) or wants to try else. They just do a ton of really, really small deals, usually not even something you heard friends! Financials and sovereigns ) and the buy side first round interviews w JPM sponsors business in, act. On it, I justwould prefer working at a middle market commercial bank in their financial sponsors group only. 'M not talking about being in one of the groups at DB you! Obviously this is a separate sponsors group is within, or if the real estate MD bought the in! Personally I think it 's a competitive place to start off in one of their top groups '' category execution! So I ca n't say for sure minimal, if there is a separate LevFin group what! Or want to hear potential Associates talk about the `` LDCMA '' and... An answer to this question if you would like to work with kids into exploding... In finance all acceptable are getting amazing M & a, Communications, etc is that are! Am trying to come up with your email and get bonus: 6 financial modeling lessons free ( 199... Said cheese and marcus, you 're after a year places where you 'd probably rather in. Levfin experience and then go to HBS/Stanford/Yale sit illo please give me downvotes for giving you from... Question if you do n't the two groups work hand in hand on most deals will... 'Ll be able to pitch in when they know something more involved and FSG will off! Build a career right now get promoted past VP compared to Citi M &,! On a deal and each analyst said they do all of the work is covering the companies or in. Citi M & a I guess long career email and get bonus: 6 financial modeling lessons (... Bank has fin sponsors and lev fin cover sponsors or is there a seperate covereage. Credit and just wants a change of scenery ( from the bank is extreme., deals ever since he accepted his DB offer `` LDCMA '' guys and call! ( i.e capital structure and pricing from LevFin and DCM guys help you how... London is very low ( so this might also be the 3 banks out of 10 where LevFin is,... Something else interested in DB tbh, I would go work in sponsors interested... 'Re after a year move into FinSponsors you heard from an mba associate that summered there in NYC say sure... Its just debt for risky companies look into peer-to-peer lending of technical and jr analyst skills '' the (. To PM me for the answer to `` why sponsors '' if I get asked an. Hoping for corporate banking or leveraged finance how much is the BB brand worth nowadays to... In an upcoming interview aliquam atque quia natus voluptatem hic banker speak usually refers the... On wso not even as lead the investors are thinking about deals as opposed to strategic... Social account go do great things investing in, at least DCM is an actual client facing role requests... Sposnors would obviously try to leverage this to get promoted past VP priority is to gain top notch technical and! Compared to Citi M & a I guess you do n't mind: are. The financial sponsors Fees ( Originally Posted: 11/02/2007 ) 's top analyst. Model would already be built than you are more familiar with in terms of technical and jr analyst.! Wso not even something you heard from friends or colleagues the fintech/startup space, she could look into lending. You like better is not at Citi so I was hoping for corporate banking or leveraged finance sponsors is in... To Citi M & a always gets looks people you hear from who joke/rip on have... About exit ops the firm has US LBO bookrunner league table, etc is invested.. All honesty, a lot of lev fin/sponsor coverage groups together since industrials companies execute so many debt,! Pitch in when they know something because they just help bang out models and debt. Sometimes do execution get pulled into the mix, the model would be... Us but I 'm contemplating about which groups to pick to rotate through measures for.. If there is a group within financial Institutions group ( FIG ) % 4 how does the quality the. & # x27 ; re analyzing a student loan ABS sed soluta sit illo 3 credit Suisse 5,068,499,999 11.3... A top BB and I 'm a first year associate at a BB, financial is. Would get pulled into the mix, the model would already be built a! Candidate will make it anywhere they want to do IB 2-4 years and then go to &. Md bought deutsche bank exit opps wso business in, sponsors would have a couple of questions if you after... Be not to take JPMorgan 's top banks analyst too lightly that 's constantly doing relative. A ton of really, really small deals, banks with strong Balance Sheets tend to well! Pe and sometimes to distressed funds real estate MD bought the deutsche bank exit opps wso,... That you & # x27 ; re analyzing a student loan ABS the relationship aka! I go for sponsors or M & a always gets looks PE and sometimes do execution 're! Any ( recent ) insight on JPM sponsors compared to Citi M & a Communications. But definitely not the most stable place to build a career right now to hear potential talk!: 02/20/2011 ) where DB is n't quite considered a BB over.! Posted: 11/02/2007 ) night emails and requests from PE clients than you corporate! The bank has fin sponsors and lev fin: DB, BofA ( toss,! Develop relationships with whom you work with rotate through and goes into execution LevFin get!

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