I've heard (and my knowledge is very limited on the issue- wso etc.) they can be pigeon-holed and hence exit ops aren't as great as other M&A roles (ignoring the elite like GS TMT of course) to PE/megafunds. Any thoughts? Would you accept Lazard HC M&A over MS M&A for example (and unfortunately I'm not in this position lol, purely hypothetical situation)?
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Healthcare M&A- exit ops? watch
- Thread Starter
Last edited by PortfolioManager1; 11-04-2011 at 13:16.
- 11-04-2011 13:15
- 11-04-2011 21:58
are you asking whether industry teams in general are pigeonholed or else not sure what GS TMT refers to. industry teams won't pigeonhole you (GS only has industry teams for M&A). team-wise, it's pretty similar across the board outside of FIG, so healthcare won't pigeonhole you either.
Lazard not as big a presence in London, so you'd take MS. for PE exit opps in nyc, goes in the order of most GS TMT/FIG > MS/JP M&A > elite boutiques (Lazard, Blackstone etc) > top teams from other BBs. think PE recruiting less structured in London, so the above ranking doesn't matter as much.
from their deal flow, don't think GS TMT that good a team in London though. can anyone comment?