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. When it comes to investment banking, there are only so many investment banks that you can choose from. GTCR has invested more than $8.5

Private Equity 147

Private Equity Equities Middle Market Funds 147

Mergers and Inquisitions

JULY 17, 2024

If you have the option to work in finance in different parts of the world, investment banking in India should be at the bottom of your list. But the main problem is that winning a “true” front-office investment banking role in India is virtually impossible, even if you have outstanding academic credentials and work experience.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

JANUARY 10, 2024

If you want to read angry comments and long threads with plenty of insults, you can’t go wrong with the wealth management vs. investment banking debate. Some of these client differences relate to the distinction between private wealth management and private banking; for more on that, you should review the the private banking article.

Investment Banking 59

Investment Banking Management Banking Bank 59

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

SEPTEMBER 11, 2024

If there is one sector that has attracted even more hype than technology and TMT , it might just be renewable energy investment banking. But before jumping into the overall advantages and disadvantages, let’s start with the verticals and how banks are set up: Table Of Contents What is Renewable Energy Investment Banking?

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

FEBRUARY 2, 2022

But the true inflation rate is likely at 10-20%, and global investment banking fees were up by even higher percentages! What Happened to Investment Banking Fees? After an initial slowdown when the pandemic first struck in early 2020, banks have generated record-high fees from M&A and capital markets deals.

Investment 130

Investment Investment Banking Banking Bank 130

Mergers and Inquisitions

AUGUST 16, 2023

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.” is better for domestic funds.

Private Equity 94

Private Equity Equities Recruitment Funds 94

OfficeHours

JULY 8, 2023

Yes Not yet There’s a process and art to this and I wouldn’t go in unprepared is all I will say… Access our Free Headhunter Documents from our PE Platform here 5 Questions Headhunters Ask Investment Banking Analysts Headhunters are the gatekeepers to many buyside jobs including those in private equity, growth equity, & hedge funds.

Private Equity 100

Private Equity Recruitment Equities Investment Banking 100

The TRADE

DECEMBER 14, 2023

The protocol appeals to the sell-side for several reasons, namely the fact that they can take a basket of securities and use them in other trades, special purpose vehicles (SPV) or, importantly, the exchange traded fund (ETF) create and redeem process. The tool’s popularity has swelled in recent years, thanks to market conditions.

Portfolio 104

Portfolio Trading IT Bulge Bracket 104

Mergers and Inquisitions

APRIL 5, 2023

But one possible exception lies in sovereign wealth funds (SWFs) , which are similar to funds of funds in some ways. I’ll address all these points here and cover the advantages and disadvantages of SWFs, but let’s start with the definitions and overview: What Are Sovereign Wealth Funds?

Recruitment 59

Recruitment Funds Private Equity Investment 59

The TRADE

OCTOBER 18, 2024

But the headwinds have subsided, and the tailwinds have finally arrived in the form of new fund launches, a rise in allocations and increasing returns for funds, not to mention the continuing emergence of multi-strategy hedge funds. That’s adding a level of interest in the sector again by allocators. billion in 2023.

Funds 69

Funds Broker Banking Bank 69

Wall Street Mojo

FEBRUARY 9, 2024

Example #2 Monomoy, a private equity firm, has created a new credit fund that introduced a niche in the LMM secondaries. The fund has a value of $300 million and is likely to focus on buying the first lien term loan credits, including the senior secured notes on LMM companie s in the secondary market across different sectors.

Middle Market 52

Middle Market Bulge Bracket Private Equity Investment Banking 52

Mergers and Inquisitions

MARCH 22, 2023

Get an Emergency Loan from the Central Bank – The central bank is supposed to be “the lender of last resort,” so this strategy can work – but only up to a certain withdrawal percentage. First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. with flying colors !

Banking 98

Banking Bank Government Investment Banking 98

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. Interestingly, there are not many investment banks on these lists.

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

DECEMBER 4, 2024

This partially explains why sports investment banking has become a hot field, with JP Morgan and Goldman Sachs launching their own sports coverage groups. For a long time, sports teams and franchises were not worth that much, so banks rarely put their “A-Teams” on these deals. What is Sports Investment Banking?

Investment Banking 105

Investment Banking Banking Bank Investment 105

Mergers and Inquisitions

FEBRUARY 28, 2024

For the right person, though, fixed income research can be even better than equity research, whether you’re at a bank, an asset management firm, a hedge fund, or a credit rating agency: Table of Contents: What is Fixed Income Research? closer to the work at a quant fund ).

Equities 59

Equities Debt Asset Management Recruitment 59

iMerge Advisors

APRIL 19, 2025

Why SaaS Businesses Under $50M Require a Tailored M&A Approach Unlike public SaaS companies or unicorn-scale startups, sub-$50M SaaS businesses often operate in a middle zone too large for micro-acquirers, yet too small to attract the attention of bulge-bracket investment banks.

M&A 40

M&A Advisory Business Valuation 40

Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. Investment banking requires more process and project management skills , while equity research requires stronger creativity and communication skills.

Investment Banking 64

Investment Banking Equities Banking Bank 64

Mergers and Inquisitions

JULY 12, 2023

Depending on your source, a VC case study might consist of a “cap table” exercise where you calculate the company’s ownership over many investment rounds and the proceeds to each group upon exit… …but it could also be a qualitative discussion of a market, an evaluation of a specific startup, or even a simple 3-statement model.

Capital 52

Capital Valuation Boutique Banking 52

Mergers and Inquisitions

MAY 8, 2024

Tragedies like this show that the culture in investment banking hasn’t changed that much, despite banks’ claims that they are “trying” to improve things. The “crazy hours” in investment banking are mostly unwarranted and reflect poor senior leadership, bad project management, and misplaced priorities.

Investment 111

Investment Investment Banking Banking Bank 111

The TRADE

OCTOBER 24, 2024

Given the proliferation of high frequency trading (HFT) several investment banks chose to launch these alternative trading systems (ATS) as a means of protecting institutional clients who are typically slower to execute. TCA can be done in-house but is also offered by third party providers.

Trading 120

Trading Investors IT S&P 120

Mergers and Inquisitions

SEPTEMBER 6, 2023

Only wealthy individuals and institutions could invest, so governments cared less about PE firms than commercial banks and brokerages. government has become more aggressive about regulating all “private funds” (private equity, hedge funds, venture capital, etc.) But that is changing as of 2023, as the U.S.

Private Equity 105

Private Equity Equities Finance Finance 105

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.). On-cycle recruiting is mostly relevant if youre in the U.S.

Private Equity 98

Private Equity Recruitment Equities Middle Market 98