Brian DeChesare

JUNE 15, 2022

The debate about the front office, middle office, and back office in the finance industry is one of the sillier and more exhausting ones. If you look online, you’ll find many threads, articles, and blog posts saying that back office (BO) and middle office (MO) jobs are “the worst” and that if you end up there, your career is over.

Banking 90

Banking Treasury Start-ups Finance 90

Brian DeChesare

JUNE 21, 2023

If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there. Another selling point is that when other regions are doing poorly, Dubai often performs well and acts as a “counter-cyclical” finance center. are much less active.

Banking 96

Banking Start-ups Finance Equity 96

Brian DeChesare

DECEMBER 14, 2022

But they tend to be more interested in tech, startups, consulting, and other non-finance roles. One topic that I’ve never fully explained on this site is the investment banking target school. There are countless references to “target schools” in the articles and interviews, and we assume everyone understands the term.

Banking 52

Banking Finance Start-ups Corporate Finance 52

Brian DeChesare

DECEMBER 21, 2022

Just look at the financial markets, the crypto meltdown, deal volume at banks, inflation, energy prices, Russia/Ukraine, supply chains, and the hiring environment in tech and finance. All these factors resulted in one of my worst years in terms of both business performance and portfolio performance…. but I found myself not caring that much.

Banking 80

Banking Start-ups Finance EBITDA 80

Brian DeChesare

JANUARY 19, 2022

FSG Investment Banking: What the Financial Sponsors Group Does The Financial Sponsors Group vs. the Financial Institutions Group The Financial Sponsors Group vs. Leveraged Finance vs. Debt Capital Markets Recruiting: Who Gets Into the Financial Sponsors Group? What Do You Do as an Analyst or Associate in the Financial Sponsors Group?

Private Equity Firm 72

Private Equity Firm Banking Equity Finance 72

Brian DeChesare

MARCH 8, 2023

If you want to work in the most cyclical role in the finance industry, it’s hard to beat commodity hedge funds. But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title.

Finance 104

Finance Start-ups Banking Alpha 104

Brian DeChesare

MARCH 9, 2022

The VC Partner is arguably the best “senior job” in finance: you sit on a private island atop a pile of cash, altcoins, and NFTs…. When capital is plentiful and good deals are scarce, VC firms often find themselves chasing after entrepreneurs to win deals. Or, more specifically, they want to become Venture Capital Partners.

Finance 83

Finance Start-ups Equity Marketability 83

ThomsonReuters

SEPTEMBER 23, 2022

Department of Labor Secretary Marty Walsh weighed in on quiet quitting during a Yahoo Finance Live interview. There have been several recent news and opinion articles on the topic of “quiet quitting” as of late. This is the concept where an employee merely meets the very basics of his or her job description at work. workforce – probably more.”

Start-ups 52

Start-ups Finance 52

Brian DeChesare

NOVEMBER 9, 2022

But these roles are also the most competitive, they require a good track record, and you will not be a good candidate for all types of hedge funds. As everyone debates whether sales & trading is “dying,” they often lose sight of sales & trading exit opportunities. Portfolio Manager at a multi-manager hedge fund ).

Banking 69

Banking Equity Start-ups Marketability 69

Brian DeChesare

AUGUST 3, 2022

As investment banking internships wind down each year, interns everywhere wake up and mysteriously come up with a similar idea: “I want to switch banks for my full-time role! Or at least switch groups. Or maybe switch locations.”. Unfortunately, switching banks, groups, or locations after your internship is much easier said than done.

Banking 77

Banking Start-ups Enterprise Value Marketability 77

IVSC

OCTOBER 21, 2023

Nygard, MAI, FRICS is the Division Chief for the Evaluations Division (“EV”) within the Bureau of Overseas Buildings Operations of the U.S. Department of State. EV is responsible for evaluation of U.S. Embassy and Consulate facilities and other real estate worldwide. The portfolio consists of over 25,000 properties in over 190 countries.

Appraisal 246

Appraisal Marketability Technology Start-ups 246

Equilest

OCTOBER 1, 2022

These organizations offer opportunities for networking, education, and career development. Do you want to grow your company as a business consultant? In today's article, we explain 11 strategies to grow your company! Growth is a key element in the journey of creating a successful business. 1: Focus On A Niche. Why should you focus on a niche?

Business Valuation 40

Business Valuation Mergers & Acquisitions Marketability Finance 40

Brian DeChesare

MARCH 2, 2022

. – many students “miss” the process or start too late to have a good chance. Finally, work experience expectations have risen over time, and you may not even be competitive in IB summer internship recruiting without other finance internships first. vs. elsewhere, and it also differs at different types of banks. France or Germany ).

Banking 59

Banking Start-ups Finance Equity 59

Brian DeChesare

JUNE 29, 2022

Similar to private equity firms, they operate on longer time frames, influence companies’ operations and finances, and might catalyze major changes, such as spin-offs or acquisitions. Activist hedge funds are usually classified as “event-driven” within hedge fund strategies , and for good reason.

Private Equity Firm 52

Private Equity Firm Equity Banking Start-ups 52

Audit Board

APRIL 27, 2023

The internal audit function is crucial to a company’s growth. Objectively evaluating risks, analyzing and assessing processes and systems for efficiencies, doing spot-checks for as-yet-unknown issues, and keeping departments aligned and meeting business objectives are all important ways that auditors can bring value. What Is Internal Auditing ?

Compliance 52

Compliance Start-ups Technology Finance 52

Brian DeChesare

FEBRUARY 15, 2023

These complaints center on a few aspects of the banking industry there: Recruiting – People often claim that it’s much more difficult to win interviews and job offers, that nepotism is widespread, and that there aren’t many “side doors” into finance. When it comes to investment banking in Australia , it’s easy to find complaints online.

Banking 90

Banking Finance Equity Start-ups 90

Brian DeChesare

APRIL 20, 2022

Even a back or middle office role beats nothing, and a corporate finance or boutique IB/PE/VC internship is much better than “nothing at all.”. A long time ago, it didn’t matter that much if you applied for summer internships at the large banks but failed to win a single offer. The “application open date” at most banks in the U.S.

Banking 115

Banking Corporate Finance Finance Start-ups 115

IVSC

NOVEMBER 30, 2022

How has your career led you to the role you have today as the global head of Bloomberg’s evaluated pricing service? I’ve always been a very numerical, analytic person so I decided to pursue my first degree in engineering at MIT followed by an MBA degree in finance at Columbia. Bloomberg HQ, London. million fixed income securities.

Start-ups 130

Start-ups Marketability Finance Banking 130

Brian DeChesare

SEPTEMBER 6, 2023

If you’re not familiar with these recent developments, I’ll summarize them below and explain how they could impact your career. Dentons also has a good summary with more details on some rules. Private equity was viewed as a “lightly regulated” industry for a long time. But that is changing as of 2023, as the U.S.

Equity 90

Equity Finance Private Equity Firm Banking 90

Brian DeChesare

NOVEMBER 30, 2022

Good questions. So, as with every other career, it’s important to understand your exit options. If you’re doing a PE internship or a PE Analyst program , you already know the most likely path: work at a bank and then move back into PE. Who would ever leave this industry? And what could be better?”. Why Leave Private Equity?

Equity 84

Equity Banking Start-ups Marketability 84

Brian DeChesare

JULY 19, 2023

These are all good questions. When you hear the term “long-only hedge funds,” your first thought might be: “How can a hedge fund hold only long positions? Doesn’t that contradict the term ‘hedge fund’? Why would investors pay high fees for what is effectively a mutual fund?”

Equity 52

Equity Beta Banking Start-ups 52

Brian DeChesare

DECEMBER 6, 2023

There are only a few dozen large funds in this category worldwide, but they’ve greatly impacted the markets and finance careers. Almost all conversations about buy-side roles eventually turn to multi-manager hedge funds , also known as “pod shops.” which may also contribute to market neutrality.

Start-ups 85

Start-ups Beta Marketability Comps 85

Brian DeChesare

MAY 24, 2023

“Event-driven hedge funds” is one of the more confusing labels in finance. Part of the issue is that many different strategies fall within the “event-driven” category: merger arbitrage , activist investing , distressed investing, special situations, and more. If this fund is right, the company’s price may increase by 50%.

Equity 64

Equity Start-ups EBITDA Banking 64

Brian DeChesare

JULY 27, 2022

But if you have the right knowledge and experience, credit hedge funds can provide a great career path: What is a Credit Hedge Fund? But if you have the right knowledge and experience, credit hedge funds can provide a great career path: What is a Credit Hedge Fund? Why would you short the Walmart bond?

Equity 52

Equity Start-ups Private Equity Firm Beta 52

Brian DeChesare

OCTOBER 12, 2022

Starting a private equity firm is a bad decision for ~95% of people who work in the finance industry. In this article, I will assume that you know what private equity is , what the career path is like , how PE recruiting works , and how compensation and carried interest work. How Does It Work?

Private Equity Firm 59

Private Equity Firm Equity Start-ups Marketability 59

Brian DeChesare

MARCH 16, 2022

Ask any banker interested in hedge funds about the specific strategies they like, and merger arbitrage will usually come up. On paper, it makes sense: if you worked in M&A investment banking or an industry group that does a lot of M&A deals, you’ll know the process, timeline, and common problems that kill deals.

Start-ups 59

Start-ups Equity Marketability Banking 59

Brian DeChesare

APRIL 13, 2022

What do a burned-out investment banker, an avid member of r/WallStreetBets , a retired couple in Florida, and Bill Ackman all have in common? They all think they can make a fortune buying and selling stocks; in other words, they’re fans of the long/short equity strategy. A long-only asset manager (i.e.,

Equity 86

Equity Start-ups Banking Marketability 86

Reynolds Holding

OCTOBER 5, 2022

According to Cornerstone Research, although new filings remain consistent with the first half of 2021, the number of approved settlements is up over 30% from the same time last year, and the median settlement amount has rebounded from the low that we reported in our 2021 Mid-Year Securities Litigation Update. A. Filing Trends.

Start-ups 72

Start-ups Marketability Equity Compliance 72

Brian DeChesare

OCTOBER 11, 2023

While people obsess over investment banking and private equity, other sectors within finance, such as commercial real estate (CRE) , often go ignored. It’s like the buy-side vs. sell-side distinction in finance, but specifically for real estate. individuals, not businesses).

Banking 78

Banking Private Equity Firm Start-ups Equity 78

Value Scope

SEPTEMBER 24, 2020

The second inflection point was triggered by the “Fundamental Reshaping of Finance” open letter to CEOs on January 14, 2020, by BlackRock Chairman and Chief Executive Officer Larry Fink. “In Click to Download: ESG A Valuation Framework. It started sometime last year, during the fourth quarter. In 2018, the number was about $5 billion. “The

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130