Mergers and Inquisitions

SEPTEMBER 11, 2024

Operating metrics and valuation multiples , especially for the assets and companies that are the most different (see below). So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

OCTOBER 18, 2023

Yes, ECM/DCM beats options such as the Big 4 firms, small PE/VC firms, corporate banking, corporate finance, valuation firms, etc. On the other hand, I do not recommend capital markets over something like a private equity mega-fund offer , even if the capital markets offer is at a bulge bracket.

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

MARCH 22, 2023

First, Credit Suisse is obviously no longer a bulge bracket bank , so I’ll have to update that article. So, if you’ve accepted an offer at CS, all you can do at this point is network around and look at fields outside of IB (Big 4, corporate banking, valuation, corporate finance, etc.),

Banking 98

Banking Bank Government Investment Banking 98

Mergers and Inquisitions

JUNE 5, 2024

Your “Plan B” options could be anything discussed in the lateral hiring article : Big 4 roles , independent valuation firms , corporate banking , corporate finance , corporate development , credit analysis , real estate lending , etc.

Investment Banking 59

Investment Banking Management Banking Bank 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. So, consider related roles such as corporate banking, Big 4 firms , business valuation firms , corporate finance at normal companies, etc.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Mergers and Inquisitions

SEPTEMBER 6, 2023

Secondary Transactions: If there’s a “secondary transaction,” i.e., an existing investor sells its stake in the fund, the fund must get a Fairness Opinion or valuation opinion to demonstrate that the price and terms are reasonable. In the U.S., Up until now, the HSR filing has mostly been a formality.

Private Equity 105

Private Equity Equities Finance Finance 105

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