Working in Special Situations
Anyone know of special situations groups in the south east? ATL/Charlotte/Dallas/FL? Looking more into this type of role and it seems super interesting.
Trending Content
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2024
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
Could you clarify what about it seems interesting to you in terms of types of deals, for example ? Could help put together a better answer then.
Special Situation in RE is usually distress
FIG as well
Lone star
As someone in Special Situations, this is all about distressed deals. My current day to day is handling things like the following:
Just to clarify the word Special Situations sounds cool to some people, but most people would find the day to day super boring. Im usually dealing with attorneys for 90% of the time.
^^^
This comment is accurate.
Also in terms of what happens its a weird negotiation table, and a little bit less modeling tbh. Seems like people in those groups were involved in some type of deal gone wrong and moved over with their deal or have a heavy legal/language backround that help figure out what can and can't happen going forward.
This is less modeling and more someone reading docs and finding a solution that is legal/profitable
Yup I got promoted into this group. Prior to that I was in underwriting/acquisitions, I used to do nothing but excel modeling, now being in SS, I dont think I have touched an excel model for 5 months.
Man, you do some cool stuff, mind naming some firms that have SS groups?
-
PCCP and Fortress come to mind
Thanks, I’ll look into them! Wasn’t aware of PCCP.
Recusandae id explicabo possimus quo aut perspiciatis. Incidunt repudiandae quia aut eum quo beatae. Cum quisquam natus sit autem ea neque corrupti dolores. Esse earum optio debitis eligendi non. Quia maiores repellendus magni et ut. Dicta exercitationem dolorum fugiat voluptatibus ut.
Quia rerum ut consectetur ex nihil corrupti a. Iusto et aliquam aliquid commodi. Libero fugit pariatur nemo velit iusto ut atque.
Iure aspernatur atque blanditiis veritatis nam similique. Libero aliquam non qui delectus et. Deleniti eligendi nemo itaque non adipisci eveniet molestias.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...