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The hot roles banks and buy-side firms are looking to fill before 2020

While the hiring landscape on both the sell-side and buy-side remains rather murky heading into the fourth quarter, there are still a few roles that investment banks, hedge funds and private equity firms are looking to fill before the end of the year. Wall Street headhunter Whitney Partners has identified one key priority for each industry as firms look toward 2020.

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THE BRIEF:

Investment banks to focus on the middle market

As evidenced by recent poor performances of advisory units at large investment banks, M&A bankers who focus on large cap targets are facing a difficult environment. As such, Whitney Partners sees more bulge-bracket banks looking to the mid-market, like Bank of America began doing in the U.S. late last year. The headhunter sees big banks like Goldman Sachs and J.P. Morgan mixing it up with mid-market specialists including William Blair, RW Baird, and Harris Williams, among others. How they do so will be depend on each bank's strategy.

“The big firms must weigh whether to convert large cap bankers to middle market specialists, or whether to poach from their competitors,” wrote Alexis Dufresne, a director at Whitney Partners. Bankers working at firms that tend to focus on the mid-market certainly hope it’s the latter.

Press

The hot roles banks and buy-side firms are looking to fill before 2020

While the hiring landscape on both the sell-side and buy-side remains rather murky heading into the fourth quarter, there are still a few roles that investment banks, hedge funds and private equity firms are looking to fill before the end of the year. Wall Street headhunter Whitney Partners has identified one key priority for each industry as firms look toward 2020.

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Moderated by Alexis DuFresne

Investment banks to focus on the middle market

As evidenced by recent poor performances of advisory units at large investment banks, M&A bankers who focus on large cap targets are facing a difficult environment. As such, Whitney Partners sees more bulge-bracket banks looking to the mid-market, like Bank of America began doing in the U.S. late last year. The headhunter sees big banks like Goldman Sachs and J.P. Morgan mixing it up with mid-market specialists including William Blair, RW Baird, and Harris Williams, among others. How they do so will be depend on each bank's strategy.

“The big firms must weigh whether to convert large cap bankers to middle market specialists, or whether to poach from their competitors,” wrote Alexis Dufresne, a director at Whitney Partners. Bankers working at firms that tend to focus on the mid-market certainly hope it’s the latter.

About the Participants

Alexis DuFresne
Managing Director
Learn More About Me
Press

The hot roles banks and buy-side firms are looking to fill before 2020

While the hiring landscape on both the sell-side and buy-side remains rather murky heading into the fourth quarter, there are still a few roles that investment banks, hedge funds and private equity firms are looking to fill before the end of the year. Wall Street headhunter Whitney Partners has identified one key priority for each industry as firms look toward 2020.

Investment banks to focus on the middle market

As evidenced by recent poor performances of advisory units at large investment banks, M&A bankers who focus on large cap targets are facing a difficult environment. As such, Whitney Partners sees more bulge-bracket banks looking to the mid-market, like Bank of America began doing in the U.S. late last year. The headhunter sees big banks like Goldman Sachs and J.P. Morgan mixing it up with mid-market specialists including William Blair, RW Baird, and Harris Williams, among others. How they do so will be depend on each bank's strategy.

“The big firms must weigh whether to convert large cap bankers to middle market specialists, or whether to poach from their competitors,” wrote Alexis Dufresne, a director at Whitney Partners. Bankers working at firms that tend to focus on the mid-market certainly hope it’s the latter.

Alexis DuFresne
Managing Director
Learn More About Me

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