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?

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Investment Banking Capital Market Recruitment Capital 59

Focus Investment Banking

APRIL 7, 2024

One aspect that is often talked about and significantly impacts the business landscape is the relationship between interest rates, private equity groups, and business valuations. For private equity (PE) groups, these rates determine the cost of capital, which is essential for their investment strategies.

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Private Equity Valuation Equities Business 52

OfficeHours

OCTOBER 17, 2023

So you want to pursue a role in Private Equity and Growth Equity? Other investments may be more protected from economic impacts and can help with diversification. So you want to pursue a role in Investment Banking/Lateral Banking?

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Private Equity Debt M&A Investment 130

Mergers and Inquisitions

APRIL 19, 2023

Metals & mining investment banking used to be a “sleepy” group. But let’s forget about the children temporarily and focus on the verticals, the drivers, deal examples, and the exit opportunities if you escape from the underground mines: What Is Metals & Mining Investment Banking?

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Investment Banking Bank Banking Investment 52

Francine Way

JULY 17, 2017

Thus far, we have discussed three common valuation methods that most strategic and financial acquirers use when valuing a company for acquisitions or investments. This current post about Leveraged Buy Out (LBO) is about a valuation method used by a very specific type of financial acquirer: private equity (PE) firms.

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Valuation M&A Debt Book-building 130

Mergers and Inquisitions

MAY 29, 2024

Corporate Finance: Careers From a career perspective , “corporate finance” roles are generalist and exist at normal companies, investment banks, and many investment firms. in FP&A roles ) to advising clients on M&A deals in investment banking. an equity IRR of 7% to 13%).

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Corporate Finance Financial Models Financial Modeling Finance 59

Peak Frameworks

MAY 2, 2024

If you're interested in breaking into finance, check out our Private Equity Course and Investment Banking Course , which help thousands of candidates land top jobs every year. Valuation Techniques: Employing discounted cash flow (DCF) and comparative analysis to ascertain the target’s value.

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Mergers Mergers and Acquisitions Financial Analysis Discounted Cash Flow 52

Mergers and Inquisitions

APRIL 5, 2023

Sovereign Wealth Fund Strategies Sovereign wealth funds can invest in almost anything, from equities to fixed income to real estate, infrastructure, private equity, hedge funds, and more. So, your best option in most cases is to gain traditional investment banking or private equity experience and use that to move in.

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Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

JULY 19, 2023

More differences emerge when you compare long-only hedge funds to long-only asset management: Investment Analysis and Financial Modeling You complete similar analyses and financial models at any “fundamental” firm ( long/short equity , long-only, activist , event-driven , etc.). hiring MDs to analyze biotech companies).

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Funds Asset Management Management Equities 52

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.

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Investment Banking Equities Bank Banking 64

Mergers and Inquisitions

SEPTEMBER 20, 2023

It’s probably not a great idea to say that you second-guess yourself or take too long to make decisions because these are both bad weaknesses for investing roles. Q: Why not private equity, growth equity, hedge funds, or entrepreneurship? Q: How do you value a biotech startup?

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Capital Valuation Investment Portfolio 59

Mergers and Inquisitions

NOVEMBER 20, 2024

This site has already covered investment banking interview questions , private equity interview questions , and venture capital interview questions , so the next topic on the list seemed to be growth equity interview questions. Q: Why not go into private equity, venture capital, or startups?

Private Equity 59

Private Equity Equities Capital Valuation 59

Mergers and Inquisitions

MARCH 5, 2025

For example, there are multi-billion-dollar biotech hedge funds with 10%, 20%, or even 30% of their total capital in single companies : 3) Public / Private Crossover Finally, many biotech hedge funds also have divisions that invest in private startups, similar to life sciences venture capital firms and healthcare growth equity firms.

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64