What’s up with all this Secretariat raiding? What’s the end goal?

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PE funding. They will grow quickly and then contract like the others (Ankura, Kroll, JS Held, etc.). This is all part of the normal cycle that plays out pretty predictably. It’s a good short-term payday and can be really good if you perform and/or are lucky.

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What da horse doin

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They’ve taken two from Kroll in DC - an MD and a SD. Paying $$$$$ but not taking quality people IMO

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What’s happening?

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Has anyone made the switch and have feedback?

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Oh do you mean the firm?

I mean the fact that people who have been at the firm forever (~18-20 years) left to join Secretariat - they must be offering good package.

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