Alvarez & Marsal Is PEPI (Private Equity Performance Improvement) or Restructuring better at firms like Alvarez & Marsal (A&M)? Any particular differences?

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Restructuring (NACR) is the premier practice at A&M, it’s the top Restructuring practice globally. PEPI is still an incredibly strong practice, and at this point I think actually accounts for more revenue than NACR. But purely from a prestige point of view - NACR is king.

I’m in PEPI, for reference.

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Totally varies. We have folks who have consulting, IB, commercial banking, corporate finance or treasury roles in industry, straight out of MBA, out of undergrad, transactions / deal teams, and audit. Have an understanding of the financial statements with a heavy emphasis on working capital and be able to work with messy / large sets of data.

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