Mergers and Inquisitions

MARCH 27, 2024

All the bulge bracket banks in the U.K. middle-market banks (Jefferies, Houlihan Lokey, etc.), female, international, non-STEM/finance major, certain ethnicities, etc.)? Ideally, you’ll complete a finance internship before bank applications open in ~August and do the usual networking and interview prep.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

FEBRUARY 2, 2022

Meanwhile, Goldman Sachs paid quite well, with many Associates in the $400K – $500K total compensation range, and various other bulge bracket and middle market firms followed suit. And there were even reports of a few Associates earning $600K or more in total compensation (!) at some smaller firms.

Investment 130

Investment Investment Banking Banking Bank 130

Mergers and Inquisitions

OCTOBER 18, 2023

Even though we’ve covered industry groups vs. product groups and teams such as M&A , ECM , DCM , and Leveraged Finance , we continue to get questions about capital markets vs. investment banking. The questions usually go like this: Are capital markets teams (ECM, DCM, and LevFin) “real” investment banking?

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

AUGUST 23, 2023

All the large investment banks – bulge brackets , elite boutiques , and middle-market firms – use internships as a recruiting tool for Analysts and Associates. Bad Market and Very Few or No Return Offers – Maybe deal activity was so bad that the bank didn’t need to award many return offers.

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

APRIL 24, 2024

These pre-MBA programs are the most prominent in consulting , finance, and technology , which makes sense since most MBA students target these industries. We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank.

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

SEPTEMBER 11, 2024

Finally, many renewable energy debt deals take place within Project Finance teams at banks – but Project Finance and corporate finance are very different ! The same criteria as always apply: High grades, a good university or business school, previous finance internships, and a good amount of networking and interview prep.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

APRIL 5, 2023

If you’ve read this site before, you know this set of goals is impossible for most finance careers: you take a lot of risk, work long/stressful hours, or both. So, expect something in-line with pay at middle-market firms , such as $200 – $250K rather than $300K+ total. Take little-to-no risk. And work normal, stable hours.

Recruitment 59

Recruitment Funds Private Equity Investment 59

Cooley M&A

FEBRUARY 1, 2024

Private equity slowed but not stopped by financing environment Despite record amounts of dry powder accumulating for sponsors, high financing costs, persistent valuation gaps and a closed tech IPO market led to a significant decrease in private equity M&A activity in 2023. in 2022 to 5.9x

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Mergers and Inquisitions

DECEMBER 18, 2024

For example, you dont need to work at a bulge bracket or elite boutique bank to participate; you could work at a smaller bank, in management consulting, or another finance-related field (Big 4, corporate development, valuation, etc.). as most PE recruiting in other countries is off-cycle.

Private Equity 98

Private Equity Recruitment Equities Middle Market 98

Mergers and Inquisitions

MAY 14, 2025

Like renewable energy IB , different banks classify their groups differently, so you could find yourself working on everything from a data center REIT M&A deal to an airport financing to an IPO for a solar developer. Renewables, Power & Utilities, Project Finance, Public Finance, Real Estate, Oil & Gas and More?

Investment Banking 59

Investment Banking Banking Bank Investment 59