9月面完一个PE的实习,对方满意,说好国庆假期后准备上班,当时心情劲爽。真有一种出人投地的感觉。然而...金融危机来了。
他们说,We are interested in hiring you, but we are waiting for one or two things, ...will bring you on board when it happens...don't worry..也不知道他们在wait什么..什么时候才happen...感觉这个offer是拿不到了。又开始无尽地搜索,发简历,填表...
哎,应届毕业生,碰到了史无前例的金融危机,束手无策!!!与工作受到金融危机影响的筒子们共勉!!
也不一定那么坏,有可能是完成公司注册手续才能出offer
你该问问这个fund有没有close(完成募集),目前总控制资产多少(asset under management),未投资资金多少(committed but not invested),LP主要是什么类型的机构。如果基金本身有问题,那就麻烦大了
hrmm最近说每天坏消息不断,目前行里招人计划,大概是这个走向:
delay--->pending--->cancel
很多PE现在都有资金问题,之前几个给他们提供资金的大银行,比如JP Morgan,现在都冻结放款,没有资金,PE又去投什么项目?自然不会招人了。
Add oil!!!
也不一定那么坏,有可能是完成公司注册手续才能出offer
你该问问这个fund有没有close(完成募集),目前总控制资产多少(asset under management),未投资资金多少(committed but not invested),LP主要是什么类型的机构。如果基金本身有问题,那就麻烦大了
如果是基金本身的问题,大概多久能恢复呢?半年?一年?三年还是永远完蛋了?哎,非常的不幸啊。
未必对你是坏事。PE出路其实很窄的,如果你之前做Management Consulting, Corporate Finance,然后再考虑转行去PE/industry BD,你的选择更多,对于你skill sets培养也更好。
本身不是什么牛人,虽然一直很努力,但终究只是个普通小本科,能走到面试这一步已经花了很多精力+出奇地幸运了。到处都裁员,业界招人少得可怜,前途不乐观,不乐观。
现在真的不是好日子。。。
如果是基金本身的问题,大概多久能恢复呢?半年?一年?三年还是永远完蛋了?哎,非常的不幸啊。
By Joyce Moullakis and Christine Harper
Oct. 23 (Bloomberg) -- Goldman Sachs Group Inc., the only firm among Wall Street's five biggest to remain profitable through the credit crisis, will shed about 3,200 workers, or 10 percent of its staff, as the revenue outlook worsens, according to a person briefed on the plans who declined to be identified.
The cuts add to more than 130,000 jobs eliminated in the financial industry since mid-2007, eclipsing the cuts after the Internet bubble burst in 2001. :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">Paul Kafka, a Goldman spokesman in London, wouldn't comment. Goldman had 32,569 employees at the end of August, up 3 percent from May and 9 percent for the year.
Banks worldwide are shelving deals and cutting jobs as the unprecedented turmoil in credit markets spreads and spurs concern the global economy may fall into a recession. Goldman, which converted to a bank holding company last month and is receiving $10 billion from the U.S. Treasury, has dropped by almost 50 percent in New York trading this year.
``When a lean and mean firm starts trimming, they're cutting into muscle,'' said :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">Shaun Springer, chief executive officer of Napier Scott Executive Search Ltd. in London. ``The fact that they are cutting 10 percent is quite indicative of the fact that there are still a lot of problems ahead.''
The new job cuts signal a reversal in strategy at Goldman since Sept. 16, when Chief Financial Officer :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">David Viniar told analysts he expected the number of Goldman employees to increase by a percentage ``in the low single digits'' this year, excluding the purchase of a mortgage servicing company.
Nine-Month Revenue
The firm's revenue for nine months this year slid 32 percent from a year earlier, as investment banking fell 26 percent and trading and principal investment plunged 45 percent. Revenue may drop 38 percent in the quarter that ends in November, according to the average estimate of 12 analysts surveyed by Bloomberg.
Mergers and acquisitions, in which Goldman is the top-ranked adviser for the eighth consecutive year, have declined by almost one third this year, and global equity offerings have tumbled 39 percent, Bloomberg data show.
The company has booked $4.9 billion of losses on devalued assets such as mortgage securities and leveraged loans, a fraction of the writedowns taken by rivals such as Citigroup Inc., Merrill Lynch & Co. and Morgan Stanley.
Citigroup has cut 24,000 jobs in the past 18 months, more than any other bank in the world, according to data compiled by Bloomberg. Lehman Brothers Holdings Inc., which filed for bankruptcy last month, eliminated almost 14,000 jobs, the data show.
Further Reductions
Other financial firms are planning further reductions. Merrill Lynch may cut more than 10,000 jobs after Bank of America Corp. completes its $50 billion acquisition of the firm, Ladenburg Thalmann Inc. analyst :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">Richard Bove said this week. The Wall Street Journal reported Goldman Sachs's plan to cut jobs earlier today.
Banks may cut 62,000 jobs in London by the end of next year, reducing employment in the industry to the lowest level in more than a decade as the credit crisis worsens, the Centre for Economics and Business Research estimated this month.
In New York, state budget planners expect a loss of 40,000 financial jobs this year.
To contact the reporters on this story: :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">Joyce Moullakis in London at jmoullakis@bloomberg.net; :S:d1" t_delay="50" t_width="110" t_bgcolor="#ddedd9" t_fontface="Verdana,sans-serif" t_fontcolor="#000000" t_static="t_static" t_above="t_above">Christine Harper in New York at charper@bloomberg.net
这个学期,学校里很多人突然报名要考公务员...抢铁饭碗人数激增。
海投简历1个多月了,音讯全无,死的心都有了。
很多PE现在都有资金问题,之前几个给他们提供资金的大银行,比如JP Morgan,现在都冻结放款,没有资金,PE又去投什么项目?自然不会招人了。
理由有点偏了
需要用到大量贷款的往往是buy-out项目,这类项目主要在美国。亚洲比较多的还是growth capital,后者在投项目的时候未必要贷款,也一般没法用贷款(毕竟一没有稳定的现金流、二没有合格的抵押物)
不过,资金和招人确实是相关的。去年到今年初,有很多基金完成募集,所以是一个招人的高峰。但如果现在还没有完成的话,那么短期内进展就应该是非常缓慢了,我在二楼讲的,主要就是基金现在有没有完成募集的问题。如果进行到一半,还有点希望;如果还没开始或只是起了个头,恐怕得等形势好转以后(估计得2-3年以后),才有可能再次启动资金募集(个人感觉)
至于H大师的回复,我只想说,PE不是门外汉能说得清的
理由有点偏了
需要用到大量贷款的往往是buy-out项目,这 类项目主要在美国。亚洲比较多的还是growth capital,后者在投项目的时候未必要贷款,也一般没法用贷款(毕竟一没有稳定的现金流、二没有合格的抵押物)
不过,资金和招人确实是相关的。去年到今年初,有很多基金完成募集,所以是一个招人的高峰。但如果现在还没有完成的话,那么短期内进展就应该是非常缓慢了,我在二楼讲的,主要就是基金现在有没有完成募集的问题。如果进行到一半,还有点希望;如果还没开始或只是起了个头,恐怕得等形势好转以后(估计得2-3年以后),才有可能再次启动资金募集(个人感觉)
至于H大师的回复,我只想说,PE不是门外汉能说得清的
你的眼神和阅读理解能力相当强!相当具有娱乐性!咱先不管你的专业性如何
就算募集结束了,招人结束了,现在那些人也要下岗,聚集到的PE基金很可能会解散或者清盘。
你所谓的形式好转定义相当模糊,要说形式好转那多了是了,等美国证券市场恢复IPO,肯定就有PE基金出来活跃。但是这也算是形式好转?
so long????
Do you think it is a best time to pursue a MBA/MFE in next year? (graduated in 2010/2011)...it seems that the job market will not be fully recovered until 2012...
so long????
Do you think it is a best time to pursue a MBA/MFE in next year? (graduated in 2010/2011)...it seems that the job market will not be fully recovered until 2012...
PE基本不招应届生的,所以不用盯着毕业的时点PE到底好不好,而是想着到PE需求重新上升的时候,你有没有他需要的经验和技能
金融危机,要不叫危机呢。
不过要去美国上学的倒是该抓紧,否则大家下岗后就可能去先上学,竞争会激烈。 经济形势好大家都忙着去赚钱,美国人对上学的兴趣就小多了。
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