What’s the Difference between debt side capital markets and investment sales capital markets
Thanks
[{"id": "i3a3b91", "text": "Debt/Equity does the financing while IS acts as valuation/advisor to the buyers and sellers.", "replies": [{"id": "i3bwqe6", "text": "Not exactly. \n\nDebt capital markets deals with advising or underwriting debt structures for deals. You're financing or refinancing. You can be an advisor for an investor to go debt shopping and get the best deal. Or you can work for a lender where you'll originate, underwrite, and syndicate (not always) the deal you structured. \n\nInvestment sales deals with selling an asset to the market on behalf of an investor. So you're advising the seller. You run a process, get bids, and hope to get a deal done. You're selling the equity, the control of the asset. IS doesn't do \"valuations\".", "replies": [{"id": "i3cdvps", "text": "These are both true. In the context of brokerage which was probably the context question was asked the above is correct. \n\nYou are correct in that lenders have such functions as well and these roles are a common entry point to brokerage or exit opp from brokerage.", "replies": [], "depth": 3}, {"id": "i3dicq4", "text": "I work on the ISA side; I\u2019d say 70% of my job is doing valuations so\u2026", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]