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. And wealth managers at large banks may advise people with as little as a few hundred thousand to invest. Think: benchmarking portfolios rather than modeling companies.

Investment Banking

Wizenius

JUNE 5, 2023

In the highly competitive field of investment banking, a well-crafted resume can be the key to landing coveted interview opportunities. In this blog post, we will highlight five essential keywords that you should incorporate into your resume to increase your chances of getting those sought-after investment banking interview calls.

Investment Banking

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

Francine Way

JULY 11, 2017

Discounted Cash Flow (DCF) i s a valuation method that uses free cash flow projections, a discount rate, and a growth rate to find the present value estimate of a potential investment. Information listed in the DCF analysis: See the items listed under DCF above. The ones listed above are my go-to tools and sources.

Valuation

Mergers and Inquisitions

JULY 26, 2023

Like a PE firm, a search fund raises capital from outside investors and aims to multiply that capital by investing it – but like a SPAC, it makes only one acquisition. And you need early experience to get internships that convert into full-time offers at large banks. OK, So Where Does the Search Fund Internship Come into Play?

Private Equity

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? Freeport-McMoRan (U.S.),

Investment Banking

Wizenius

MAY 23, 2024

You did not anticipate this question or did not get time to research on this area, so you tell him you will get back to him shortly. The meeting ends there. Much earlier then it should have! Meetings with senior bankers (however small) are opportunities in themselves which cannot be taken lightly.

Investment Banking

Wizenius

JULY 30, 2023

Lets see how this works Most of the variations of Financial models in investment banking mostly revolve around 1) DCF 2) M&A 3) LBO 4) Comparable & Transaction Comps Idea Bank - From Scratch to Template: Build a comprehensive version of each of the above varieties of financial models from scratch.

Financial Modeling

Francine Way

JULY 17, 2017

As I mentioned in my valuation preparation post , LBO is a valuation method that uses the assets of the acquired and the acquiring companies as well as cost of borrowing money for acquisition to find the value estimate of a potential investment as measured by its internal rate of return (IRR). Revolver, Term Loan = as % to LIBOR.

Valuation

OfficeHours

OCTOBER 17, 2023

If you’re in your 20s, you have probably thought about saving, investing, or retirement in some way. Today’s article will focus on investing and spending considerations for those who are early on in their career and want to maximize how much they are saving in order to pay themselves and cover basic expenses later on in life.

Private Equity

Wizenius

JUNE 25, 2023

Adjustments for Negative Cash Flows: Incorporate adjustments in the DCF analysis to account for the negative cash flows in the initial years. Thanks, Pratik S , Unlock the Secrets of Investment Banking and Financial Modeling - Enroll in Wizenius Investment Banking Course Today!

Financial Modeling

Mergers and Inquisitions

MAY 3, 2023

But people who aim for investment banking roles are very much into those bells and whistles, so questions about the DDM and other “exotic” methodologies began rolling in. To be fair, in some industries – like commercial banks and insurance within FIG – the DDM is a core valuation methodology.

Valuation

MergersCorp M&A International

NOVEMBER 1, 2024

Discounted Cash Flow (DCF) Analysis: A DCF model is often used to estimate the intrinsic value of the company based on projected future cash flows. The post Evaluating Asset Management Companies: Key Metrics and Methodologies appeared first on MergersCorp M&A International | Investment Banking.

Asset Management

Peak Frameworks

JUNE 7, 2023

It's broken down into three sections: Operating, Investing, and Financing cash flows. And if you are interested in learning more about essential finance concepts, you should check out our , Investment Banking Course. This is the heart of any business; without positive operational cash flow, a company will inevitably struggle.

Financial Analysis

Mergers and Inquisitions

MARCH 13, 2024

Growth Equity Definition: In traditional growth equity, firms invest minority stakes in companies with proven business models that need the capital to expand; some firms also use “growth buyout” strategies, which are like traditional leveraged buyouts but with higher growth potential. You could keep going and add plenty of names.

Private Equity

Mergers and Inquisitions

DECEMBER 6, 2023

So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. Many of these firms have performed quite well, but it depends on the specific funds you’re looking at (the large firms offer many different funds to invest in). which may also contribute to market neutrality.

Funds

Mergers and Inquisitions

NOVEMBER 1, 2023

They do not invest in risky biotech startups attempting to cure cancer (at least not within their traditional PE portfolios). For more on this, please see our healthcare investment banking article. That said, there is far more healthcare PE activity in the U.S. to consolidate their market power in specific regions.

Private Equity

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.

Mergers

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.

Corporate Finance

Devensoft

AUGUST 22, 2023

Investment Banking Tools: Investment banks and financial advisory firms often use proprietary software or tools tailored for enterprise valuation during M&A transactions. Let’s dive into the intricacies of this invaluable resource. These tools may incorporate sophisticated valuation techniques and scenarios.

Valuation

Mergers and Inquisitions

JULY 19, 2023

Long-Only Hedge Fund Definition: A long-only hedge fund buys securities to earn a profit when they increase in price, and it does not bet against securities by borrowing to sell them in advance; the fund might invest in stocks, bonds, derivatives, structured products, and almost anything else. These are all good questions.

Funds

Focus Investment Banking

APRIL 7, 2024

This can lead to a more cautious approach from PE firms, as higher rates can impact the future cash flows and growth prospects of potential investment targets. Discounted Cash Flow (DCF) Analysis: This is the most common valuation method involving discounting future cash flows back to their present value.

Private Equity

RKJ Partners

AUGUST 6, 2017

It is important that the buyer’s deal team includes an experienced investment banking professional that can effectively and efficiently facilitate the appropriate business, financial, and valuation-related analyses during due diligence, and ultimately the completion of a business valuation.

M&A

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. Example answer: “ I would invest in Novoic, a healthcare IT startup in the U.K. strong opinions, loosely held). It raised a $2.6 It raised a $2.6

Capital

Mergers and Inquisitions

APRIL 5, 2023

One good example is the NZ Super Fund in New Zealand , which invests based on “diversifying risk” rather than a traditional asset allocation. Presentations – Traditional PE: The “deal review” pace above means that you could make several presentations to the investment committee or Board each month. multiple over 5 years (for example).

Recruitment

Mergers and Inquisitions

MARCH 5, 2025

If you had to pick a single industry that could be interesting to every hedge fund investing in individual companies, it might be biotech. Its more of an industry focus at the intersection of several other strategies , such as long/short equity , event-driven investing , and even merger arbitrage. also find their way into the industry.

Funds

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: Walk me through your resume.

Private Equity