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A Recruiters View of the Market-

If it were not for all the MDs that have moved in 2023 the market would have been dead this year. The majority of the Managing Director moves have been team “Lift Outs”. Banks have picked up teams of talent that can slot in and quickly generate fees. Santander, Wells Fargo, DB, UBS, TD Cowen, Evercore, Moelis have all taken advantage of market dislocation. This will trickle down to a pick up in junior hiring in Mid Q2. Post labor day hiring has picked up compared to a lackluster 2023 Summer. Recruiting fees have picked up over the last six weeks.

HOT JOBS

Managing Director Leveraged Finance and Sponsors

Director Healthcare

Vice President Tech Investment Banking

Vice President Sell Side M&A

Vice President Tech Enabled Services

Associate Private Equity Middle Market Tech, CT based

Associate Tech Investment Banking

PEOPLE MOVES

RW BAIRD has hired Ben Port From Moelis ad Ro Bhandari from William Blair into their Global Healthcare team

Barclays has announced that Michael Del Giudice is the new Chairman of Financial Sponsors

Private Equity firm HarbourVest has appointed Charlie Temple to handle all credit specific duties