Ethan Bohbot, Finance Expert in New York, NY, United States
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Ethan Bohbot

Verified Expert  in Finance

Finance Expert

Location
New York, NY, United States
Toptal Member Since
March 28, 2017

Ethan is an investment banking and hedge fund analyst turned entrepreneur. Drawing from experiences executing $5 billion+ in M&A transactions at Lazard and Blackstone as well as sourcing and evaluating long/short equity investments at a $1.5 billion hedge fund, he’s developed a strong foundation in financial modeling, M&A analysis, and equity research—skills that he enjoys leveraging as a freelancer to help a wider variety of clients.

Career Highlights

Analyst
Melvin Capital Management

Education Highlights

Bachelor of Business Administration
The University of Texas at Austin

Case Studies

Work Experience

Analyst

2015 - 2016
Melvin Capital Management
  • Covered active positions across 5 industry sectors, including: technology, health care, financials, energy, and education.
  • Built full operating models, including valuation (discounted cash flow and trading multiples), ROIC, and supplementary analyses.
  • Developed primary research through calls with customers, competitors, consultants and former employees; analyzed third-party data.
  • Composed investment proposals/summaries, earnings previews and complementary materials for prospective and active positions.
  • Created and updated a multi-variable stock screen; evaluated potential ideas to add to the current “watch-list”.
  • Attended management meetings as well as industry- and company-specific conferences and events.
  • Gained investment experience on a $2 billion asset management company (short) which generated a 45% return over a 12-month time period.
  • Invested with a $1 billion energy technology company (short) which generated a 55% return over a 12-month time period.
Focus areas: Investment Analysis, Market Research, Investment Summaries, Three-statement Modeling, Financial Modeling, Valuation, Equity Research

Mergers & Acquisitions, Analyst

2014 - 2015
The Blackstone Group
  • Worked primarily across 3 industry groups—industrials, healthcare, and media & communications—as part of a generalist program.
  • Performed valuation and transaction analyses; including public comparables, precedent transactions, discounted cash flow, sum-of-the-parts, a leveraged buyout, and accretion/dilution.
  • Conducted industry and company-specific due diligence to create presentations and supplementary materials for clients; attended client meetings to support the senior bankers.
  • Managed due diligence requests from bidders, scheduled weekly update and Q&A calls, created supporting materials with respect to assumptions and overall valuation.
  • Advised a $2 billion homebuilding company on a potential sell-side process.
  • Advised Verso Corporation on a capital restructuring and potential sell-side process.
  • Advised Sachem Head & Pershing Square on their activist investment in Zoetis.
Focus areas: Valuation Multiples, Valuation Modeling, Investor Presentations, Capital Structure Analysis, Three-statement Modeling, Valuation, Financial Modeling, Mergers & Acquisitions (M&A)

Mergers & Acquisitions, Summer Analyst

2013 - 2013
Lazard
  • Received a full-time offer following the completion of a 10-week training and internship program.
  • Worked across 5 industry teams: technology, media & telecommunications, health care, general banking, power & energy, and restructuring.
  • Performed valuation analyses, including discounted cash flow, sum-of-the-parts, accretion/dilution, public comparables, precedent transactions, and analysis at various prices.
  • Conducted industry and company-specific research to compose marketing materials and company presentations; attended client meetings to support the senior bankers.
  • Implemented the Shire's $4.2 billion acquisition of ViroPharma.
Focus areas: Presentations, Three-statement Modeling, Capital Structure Analysis, Investor Presentations, Valuation, Financial Modeling, Mergers & Acquisitions (M&A)
2010 - 2014

Bachelor of Business Administration in Finance

The University of Texas at Austin - Austin, TX, USA

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