What sets Ducera Partners apart
Ducera Partners is an independent, 100% partner-owned advisory firm founded in June 2015 by Michael Kramer and a senior team that had worked together for nearly three decades.
It is built around restructuring and liability management – it launched a dedicated Liability Management practice in 2016 – and advises across the business cycle, from growth-stage companies to distressed situations. The firm reports total deal volume surpassing $750 billion since its founding, and independent coverage describes it as a boutique focused on restructuring rather than full-service M&A. It operates from four US offices: New York, Los Angeles, San Francisco, and Stamford.
For an applicant this is a prioritisation call rather than a generalist one: the work and the skills it builds – liability management, distressed and restructuring advisory – are narrower and deeper than at a full-service bank, and a small partner-owned firm means small analyst classes with direct senior exposure but few seats. It is worth one of a limited number of applications for someone specifically targeting restructuring, not as a broad investment-banking backup.