Founder of Pari Passu, research firm that provides all-encompassing coverage of the most consequential restructuring transactions. Join our free email list!
BOFA FIG ASSOCIATE DEAD TODAY
“He served as a green beret officer for about a decade and then went through BofA’s Veteran Program last spring, placing out as an IB associate in FIG. His first M&A deal got announced this past Monday. It was a combo of a buyside M&A deal +
We used to have it all didn’t we…
A debate between a Harvard JD/MBA (Baker scholar - Top 5%) who founded a Mega-Fund Private Equity Firm…
and
… a Constitutional Scholar from Harvard Law who became President just 11 years after his first elected position
2024 PRIVATE EQUITY COMPENSATION
Everyone thinks about it, but numbers are never shared.
Odyssey Partners, a leading recruiting firm, created this extremely comprehensive report.
Let's dig in
1) Associate - Cash / Bonus
2) Vice-President - Cash / Bonus / Carry
3) Principal -
“Mom, how did we get so rich?”
“Your dad never returned any capital to LPs and kept rolling capital in continuation vehicles while charging 2% management fees”
BOND MATH: A SIMPLE OVERVIEW OF DURATION AND CONVEXITY
As another bank crisis unfolds, good time to learn the most important concepts of bond math: duration and convexity.
DURATION
Duration is a measure of a bond's sensitivity to changes in interest rates: what is the bond
My first year as a Private Equity Associate in Large-Cap Private Equity - A Long Thread
We hear a lot about Private Equity, so wanted to share my experience covering:
PE Business Model
Spending a career in PE
Rigorous investing process?
With this thread I want to provide an