OfficeHours

JUNE 2, 2023

When you first decide to enter the world of private equity, you will undoubtedly be more overwhelmed than you were when you entered investment banking recruiting. A Middle Market Fund Near You”: No, as you probably guessed, that isn’t the actual name of any specific private equity or venture capital firm. Best of luck!

Private Equity 147

Private Equity Equities Middle Market Funds 147

Mergers and Inquisitions

MAY 10, 2023

The basic difference is that the international bulge bracket banks tend to be stronger in M&A advisory and weaker in equity and debt capital markets. Among the elite boutiques , Evercore has the strongest presence in Singapore, and Rothschild also works on many deals, mostly in the middle-market space. As in the U.S.,

Investment Banking 105

Investment Banking Bank Banking Investment 105

Growth Business

OCTOBER 25, 2024

This decision is critical and often complex, requiring a delicate balance between securing the necessary capital while retaining future financial benefits and operational control. You need to carefully weigh up how much capital you really need to accelerate the company’s growth and what you’re willing to part with.

Equities 98

Equities Investment Private Equity Valuation 98

Growth Business

NOVEMBER 23, 2023

Two-thirds of the UK’s fintech start-ups are in in the city, and in 2020, the capital attracted 94 per cent of the country’s total fintech venture capital. Beringea Beringea is a transatlantic venture capital firm with more than $800m under management across its funds in the UK and the US.

Investment 111

Investment Funds Capital Business 111

Mergers and Inquisitions

JUNE 21, 2023

Many people would say that the elite boutiques – specifically, Moelis and Rothschild – are the top banks in the region based on deal activity, business model, and overall experience. Among the other banks, HSBC usually makes a strong showing, most middle-market banks are barely present, and the other elite boutiques (Evercore, Lazard, etc.)

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

AUGUST 16, 2023

Recruiting and whether you can break in without “donating” your kidney to Xi Jinping. RMB vs. USD: Does the firm raise capital in China’s currency (the RMB), or does it raise USD from Limited Partners overseas? You might think the pairing is always Domestic/RMB and International/USD, but that’s not true. is better for domestic funds.

Private Equity 94

Private Equity Equities Recruitment Funds 94

OfficeHours

JUNE 30, 2023

The equation for FCF is: FCF = Net income + D&A (non-cash expense) – capital expenditures – change in net working capital You will need to calculate FCF every year in the hold period (but not for the extra year, or year 6). Survey Respondents will be eligible to win Free PE Platform Access! WHY CHOOSE US?

Private Equity 130

Private Equity Equities Debt Recruitment 130

Mergers and Inquisitions

OCTOBER 16, 2024

a summer internship that converts into a full-time offer vs. a boutique internship in your 1 st or 2 nd year of university). For example, internship recruiting starts very early for undergrads in the U.S. , private equity or venture capital ). They don’t reflect market changes over time. Why Investment Banking?”

Investment Banking 111

Investment Banking Bank Banking Investment 111

Peak Frameworks

SEPTEMBER 28, 2023

Queen's has several top student-run investment clubs such as QUIC and Limestone Capital , which contribute to its strong placement. Queen's also has a strong Elite Boutique %, with 21% of investment banking hires ending up at Evercore. The data also suggests that recruiting results at Queen's are very top-heavy.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. A long time ago, the idea of a pre-MBA internship was odd because most people stayed in their full-time jobs until their MBAs began.

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

JULY 17, 2024

Among the elite boutiques , Moelis has a notable presence, and Rothschild has an office in Mumbai but does not appear to be super-active. Mumbai is the financial capital, but some firms also operate in cities such as Bangalore, Kolkata (Calcutta), and Delhi NCR. or Europe and recruiting there.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

SEPTEMBER 13, 2023

Special Situations – This could include the events above but could also refer to investments in spin-offs, asset sales, recapitalizations, acquisitions, or capital raises. Traditional Distressed Funds That Have Diversified: Anchorage (partially shut down), Brigade, Davidson Kempner, Elliott, Marathon, Silver Point, and York Capital.

Debt 103

Debt Funds Investment Equities 103

Mergers and Inquisitions

AUGUST 7, 2024

But even with this, you need to start earlier because fewer banks will be open to hiring you, and the banks that are open to hiring you tend to finish recruiting earlier. Because of the accelerated recruiting timeline these days, this is especially useful because you’ll likely be under time pressure.

Investment Banking 82

Investment Banking Bank Banking Investment 82

Mergers and Inquisitions

MARCH 22, 2023

I made the same mistake the regulators did: ignoring shifts in the Credit Suisse deposit and cash base because its regulatory capital ratios looked “fine.” Before this deal, I had expected that “CS First Boston” would become another elite boutique and a strong competitor to the likes of Evercore, Lazard, and Moelis.

Bank 98

Bank Banking Government Investment Banking 98

Mergers and Inquisitions

JANUARY 10, 2024

Recruiting in Wealth Management vs. Investment Banking You should know all about IB recruiting from reading this site, but it’s insanely competitive and starts very early. This split doesn’t exist in quite the same way in IB, so you can get a very different experience in WM depending on your role. and your odds are not spectacular.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

SEPTEMBER 11, 2024

Example Valuations, Pitch Books, Fairness Opinions, and Investor Presentations This list was extremely difficult to compile due to the lack of company-level deals in the sector, but I’ve done my best: Solar Sunergy Renewables – SPAC / IPO (Cohen and Houlihan Capital) Investor Presentation Fairness Opinion (pg. are also active in renewables.

Investment Banking 59

Investment Banking Bank Banking Investment 59

Mergers and Inquisitions

APRIL 19, 2023

For example, Capital IQ splits up the sector by metal type (aluminum, diversified, copper, gold, precious metals, silver, and steel). Recruitment: Tunneling Your Way into Metals & Mining Investment Banking Metals & mining is highly specialized , so you have an advantage if you have a background in geology, geophysics, or mining.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

DECEMBER 18, 2024

While on-cycle PE recruiting keeps moving up, to the point where you must attend a target elementary school, middle school, and high school to be competitive, off-cycle private equity recruiting remains a viable option for everyone else. Off-Cycle Recruiting: Slow processes for very close start dates.

Private Equity 98

Private Equity Recruitment Equities Middle Market 98

Growth Business

OCTOBER 31, 2024

Figure out what you need First things first, you need to be clear on how much funding you need, the stage of your company, and what else you’re looking for in addition to capital. How much capital are you looking to raise? Family offices often have flexible investment mandates and can provide patient (more long-term) capital.

Investment 97

Investment Investors Equities Business 97