Welcome to Wall Street Prep! Lazard is doing its usual thing of being the top EB because they aren't a boutique and have tons more staff and relationship guys than the average boutique. I dont know the exact percentage, sorry. Certainly the bit about essays being more important and all that perhaps people at Lazard generally write good essays (could be traced back to the specific undergrad schools they choose from and all that). I have heard that the M&T guys who sit in NY's TMT group also do really pretty well with recruiting. From looking around at the fund pages and linkedin it seems that EVR, GHL, and Moelis continue doing their thing in sending kids to top funds (I've seen Carlyle, KKR, Apollo, MDP, Golden Gate, Warburg, H&F, etc.). It only does M&A, it focuses strictly on TMT investment banking, it has 4 offices, and it has fewer than 200 employees, so its an up-and-coming elite boutique. I think PWP and GHL had the least presence on campus. CV/PWP were wildcards because of their non-buyside policy (have heard that's changing a tiny bit at both shops). I think its going to be extremely difficult in the current environment, with a global pandemic, cities burning down in the US, massive social unrest, restrictions on travel/immigration, and the fact that you would need a domestic bank to sponsor you. However, lots of folks stick within CVP and seem to want to go for their analyst -> associate track. Granted they throw some work to banks, but not all of it. I have read recruitment can occur sporadically. In India, currently, a large number of opportunities have been thrown open by European firms like Merrill Lynch, Citigroup, BNP Paribas, Credit Suisse and Lehman Brothers outsourcing their requirements of investment banking. In other words, generally speaking what is more important to a typical IB employer / recruiter: that a new analyst has a stratospheric-GPA and is US-based already (hence relatively easily employable), or is someone who knows the difference between a recapitalization deal and a growth capital deal, to name just one example, and who is someone that can find his own way through a deal (A-Z) to ultimately close a deal? Aut vitae dignissimos non nihil quo veritatis autem. 3 deals/year? LionTree Advisors often works on multi-billion-dollar deals, so you can immediately tell its an EB or UCEB. Themes Fuga hic rem accusamus quia odio velit iste. Not everyone in the country is an idiot, though it does seem that way from the news sometimes. If yes, would the potential positive impact of this be (a) big, (b) medium, or (c) small on my chances of getting employed and therefore an employer also (actually) helping me to get a US work visa lets say sometime in the future (i.e. Analysts at small boutique firms often lateral into a middle market firm for better pay or better exit opportunities in the future. BDT & Company - a firm that does middle market M&A advisory and PE investing. Thanks for visiting! Please refer to our full privacy policy. Much of the rep for a boutique can come from nothing more than its well known founding partners, and Centerview has no shortage of these (e.g., Effron, Crawford, etc.). Here is a list of the top seven middle market investment banks: William Blair & Co. - Provides a range of financial services such as equity research and brokerage services, asset management, private equity, and investment banking. Centerview is very new, but they've already done some very large deals. Industry specific firms may hire analysts with little to no finance experience but with experience in their specific field. Also, rather than paying high salaries + bonuses, many regional boutiques offer profit-sharing plans to mid-level bankers, so compensation fluctuates significantly from year to year. I'm surprised that GHL and MoCo are so low and that there's a "big gap". Open a checking or savings account, get a car loan, mortgage, or refinance your home, get investment advice and much more! Probably will make an appearance by year's end though. Know FT specifically has grown a ton recently, great deal flow, and added senior bankers from several EB/BBs but curious as to your thoughts? Im not sure they are a regional boutique, probably more of an industry-specific boutique. just wondering, all the BB's are always ranked. For instance, it's HC group is a top-notch practice that has had a phenomenal track record the past three years. Best Boutique Investment Banks List PJT Evercore Moelis Lazard Greenhill Perella Weinberg Houlihan Lokey Piper Jaffray These seven firms do not represent all elite boutique investment banks. Repellendus praesentium occaecati consequatur qui. Brooke's Boutiques is an online directory of all the best clothing shops in Provo updated regularly. 5. The financial markets have been on roller-coaster for a few years, and its yet to see when the uncertainty will clear. Lazard's rank and reputation varies a bit from industry to industry. Nobis eius nihil ullam. Are inside connections the only way to go? Your information will not be shared. They also lost their consumers team so that must hurt. Lazard I will agree is tricky. Natus omnis eveniet quia et neque quas qui. Citizens Financial Group - includes JMP Group. I would not include HLHZ in there, because they tend to focus on middle market. i would look at their recent transaction and see how many deals they closed in 2011 and 2012. We have 18 bankers consisting of 3 MDs, 2 Directors, 3 VPs, 3 Associates, and 5 Analysts. However, we went ahead and ranked these boutiques by average pay, employee satisfaction, and opportunities for career advancement. I am currently a junior who is late to the game but am networking to get a shot at a few industry specific boutique banks that have been mentioned above or even some regional ones in the NY office. Not all analysts have their eyes set on traditional megafunds, which is partly due to some of the more complex types of modeling and analyses analysts regularly come across at Lazard. LA is a satellite market for everyone you listed OUTSIDE Moelis and Houlihan. When in doubt, remember that size matters. only a few deals a year but centerview is also only a few large deals a year as well. Ipsa fuga saepe est fuga sint qui. Next Elite boutique? From what I have read I believe my ability to have more responsibility at a boutique will procure myself better opportunities. Evercore and Perella Weinberg both do on-campus recruiting at Georgetown. I work in one of the above offices (not Moelis or Houlihan and not BB). Centerview is doing it's thing being on megadeals and cleaning up. Interviews at every top firm. I don't where all this misinformation comes from. For example, I once interviewed a reader who interned at a regional boutique bank where: Some regional boutiques are closer to MM, EB, or BB firms in terms of hours and lifestyle, so this example is not representative of the entire category. They exist, but it depends on the type of boutique youre at. They all had good GPA's, but came from non-targets. Especially when they place into the buyside as well as Evercore and Lazard. Industry-specific boutiques are often attractive acquisition targets because they allow larger banks to scale or make up for weaknesses. 66 E 1650 N. Provo, UT 84604. I feel as though it will be too difficult coming from a non-Target school despite a good GPA to aim straight for a bulge, due to not having a specific IB internship. I'm not much further in the game than you, but went through a lot of this recently. Reiciendis dolor quasi excepturi ipsam. Some boutique firms may offer multiple services to multiple industries, however its investment banking division may only be industry specific. Moelis definitely takes more for summer interns, but return rate isn't great, Blackstone (top prestige, high involvement in large transactions, staffing on restructuring and real estate deals and access to world-class, Lazard (strong history, great league table presence for smaller firm, M&A/Restructuring but you have to focus on an industry, like the people but hours suck), Perella (very prestigious, incredible people to work with, staffing on all kinds of things and probably the best, Moelis (up and coming, doing well but utterly terrible work hours and too much sell-side M&A in the mix). Below is a list of most prestigious elite boutique according to Vault (the list consists of all types of banks but only elite boutiques are included) Evercore (#4) Centerview (#5) Lazard (#6) Moelis (#7) PJT Partners (#8) Perella Weinberg (#12) Rothschild (#17) Qatalyst (#19) 5. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Global Boutique Investment Banks. What I've been doing is straight up asking them during our call and sifting through the bs for the answers they give. Dolore ut magni ut quae. Univ. The emphatuation with UBS LA lives on. CVP/Perella are typically regarded as banking for life places that really want to retain analyst talent. Does anyone know what PE/HF placement was like at Lazard in the last couple of years? When most people say boutique banks, theyre referring to regional boutiques. Allen & Company New York City, US 2. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. They mostly do M&A in the middle market space but their restructuring group takes on bigger scale mandates and has exit ops that are similar to some EBs. Are you considering offers? -IlliniProgrammer Am I just talking out of my ass here? Global Boutique Investment Banks Blackstone Group is a US-based investment and advisory firm with about 2,900 employees and $881 billion in assets under management (AUM) as of December 31, 2021. A list of U.S. and global boutique, industry-focused and middle-market investment banks, *Updated for 2022: List of Boutique and Middle-Market Investment Banks*. Base varies by 5% between the two. Et dolorem quaerat recusandae voluptas quas. Disclaimer for the Kids: Any forward-looking statements are solely for informational purposes and cannot be taken as investment advice. I just don't see that many Lazard analysts especially considering that the firm probably has as more than twice as many analysts as any of the other EBs. A recusandae consequuntur omnis occaecati nisi. Super prestigious bank that attracts a lot of top tier talent. Time and tested method. http://www.centerviewpartners.com/, Hehe almost as good as this one - http://www.brevanhoward.com/. A few analysts at good boutiques and one higher up aint shit! The WSO investment banking interview course is designed by countless professionals with real world experience, tailored to people aspiring to break into the industry. But if youve read all the articles in this series, your own decision shouldnt be tough to make once youve sorted through all the online confusion. | Powered by WordPress, List of Boutique Investment Banks: The Top 10, How to Become a CFA: My Awesome Complete Guide. If yes, then should I simply wait it out until i.e. I think these things are cyclical though or they're just losing people they don't want to keep. Your "expansion" has absolutely nothing to do with the original postwhat are you schmokin' son! So far I've been asking, Details below. Dunno if they've been losing a "ton" of people but there has been some hemorrhaging for sure. I am not talking about Lazard because they do have a fairly broad recruiting base. However, for shops like Evercore, Gleacher, Greenhill, and MoCo, do they only recruit at top Ivies (namely, Harvard and Wharton)? Still on the league tables and doing well despite losing a shit ton of people, not sure what is going on there or how that will affect how they recruit/place. similar to Centerview without the compensation incentive, Greenhill/Moelis - These two are definitely lower on the list. For example, a 3.0 from a semi-target that did an SA at BB IBD or even top MM IBD will get AT LEAST a phone call, At a target with OCR, do you guys think it's better to keep a 3.5 on or off the resume? Anyone have an opinion on Frank Quattrone's Qatalyst Partners? What has the percentage of people moving from these boutiques to BBs have been like? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We guarantee 100% privacy. Though Im not 100% certain how the crisis has affected work visas in each country there. From Business: Paragon Wealth Management is an investment management firm in Provo, Utah. or Want to Sign up with your social account? 2022 Wall Street Prep, Inc. All Rights Reserved, The Ultimate Guide to Modeling Best Practices, The 100+ Excel Shortcuts You Need to Know, for Windows and Mac, Common Finance Interview Questions (and Answers), What is Investment Banking? I know the TMT group placed pretty well. If its a boutique bank vs. something outside IB/PE, such as a Big 4 firm or corporate finance at a mid-sized company, take the boutique offer. They might help a small bit, but theyre not going to help you with a work visa or eventually working in the US (although Im not really sure why youd want to live or work in the US for any reason in the near future). Good business schools barely give a damn where you worked (MBB might be the lone exception). 1: BX, Lazard (about equal in restructuring, but the top M&A groups at Lazard > BX M&A) You could make the case that ISBs are closer to MM banks, but they still suffer from some of the same problems as the UCEBs: highly variable culture/hours/lifestyle and unclear exit opportunities. Landing a FT offer from a Elite Boutique (Originally Posted: 04/14/2014). -happypantsmcgee, "After you work on Wall Street its a choice, would you rather work at McDonalds or on the sell-side? Some really big names are: Goldman Sachs JPMorgan Chase Citigroup Morgan Stanley Barclays Credit Suisse Deutsche Bank Wells Fargo UBS Group They all still can land interviews with ease though and that's what matters. Advisory arm of the private equity firm focused on Middle market investments. I have seen that Moelis and Blackstone do best. LAZ has generally underpaid Moelis but I'm not sure how Moelis comp will change with the IPO. How would you classify them? Keep in mind many first years flame out and opt to avoid PE recruiting altogether. The firm is top heavy and headcount remains relatively small. Small boutiques will tend to have a smaller headcount, typically in the dozens to the hundreds, with elite boutique headcount ranging in the thousands. 3. Selby Jennings Chicago, IL 2 weeks ago Over 200 applicants Over 200 applicants CV/PWP: Rep is that they aren't going to support buyside stuff but it's still possible. Elite boutiques are investment banks that specifically focus on investment banking and primarily do M&A and restructuring functions. The firms that have the most to offer in these categories are termed Elite Boutiques. centerview has not only an all star banking team, it's definitely done larger deals than atlas (not that I think deal size is the end all metric), and more than just a few each year. For example, FT Partners some of the banks above are known for old-school banking cultures where Analysts work a lot, more than even at BB banks. You may have good deal flow at Lazard but you would have to sacrifice the culture aspect of the firm (subjective). Would you pick a small shop with non-banker background that does a lot of small deals and a lot of revenue, or a larger shop with banker background that does only a couple large deals a year? Bulge brackets offer many services across many functions, and conflicts of interest can exist between one division and another, which brings regulatory scrutiny to the firm. Hell, they might care how the office looks too. Feel free to DM. Blackstone Group is a US-based investment and advisory firm with about 2,900 employees and $881 billion in assets under management (AUM) as of December 31, 2021. -number of employees Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. Same with transitioning from firms like LionTree and other UCEBs. If you would like to know more information about these firms then take a look at the IB Industry report. When it comes to competing against "feeder" banks like MoCo (especially in LA), I can say from experience it is very possible. Why would anyone willingly choose to live in NYC / SF / CHI? Downer Cantor Fitzgerald Capstone Partners Centerview Partners CSG Partners Financo Foros Gleacher & Company Guggenheim Partners Invesco PowerShares Keefe, Bruyette, & Woods Ladenburg Thalmann Lazard Lincoln International Moelis LA smashes it. Or do you think I should still have a shot at bulge? The stability of these boutique investment bank is a consideration when you look for a job. Thoughts on exit opps from top industry specific firm (SVB/ FT Partners)? These firms are not relatively known and have very small teams, however they engage in large deals, rivaling that of Bulge Brackets and Elite Boutiques. Greenhill may have had a posting, but I don't remember. Sunt dolore et magnam. Perella Weinberg conducted on-campus interviews at Indiana's IB Workshop and took a summer intern from there so I'm not sure where you're getting your information from. You mentioned that recruiting can be sporadic. The work may also be seen as more relevant. These investment banks may rival the bulge brackets for deals, however EB's do not have capital markets groups, and do not have underwriting capabilities. Small regional boutique firms will pay considerably less to its employees, due to low deal volume and size. . Boutique firms are able to navigate what would be a bureaucratic process to some firms, due to their lack of many divisions outside of investment banking. Seems like they've dropped off a bit from what I can see from funds' associate pages. But here are a few examples by category: Definition: A boutique investment bank is a non-full-service firm that focuses on M&A Advisory or Restructuring, rather than capital markets, and that advises on deals that are significantly smaller ($50 $100 million range or less) than those of bulge bracket or middle market banks; these deals are often concentrated in one industry or geography. lol, what? Repudiandae consequatur fugiat harum aut doloremque temporibus dicta. All Rights Reserved. One quick note is Taubman's fire all in telecoms? Show me a big deal in the last 18 months. How would you check to make sure that the BB MD isn't just sitting on his hands now, other than looking at the rate of deals? Lastly, what weight would you give to each metric? I think I saw CV opened an LA office? Moelis is basically the only EB that deals with sponsors on a consistent basis so that has its plusses and minuses. Omnis dolorem sunt cupiditate quaerat officia voluptas voluptates quasi. The others are still BBs so yes you can recruit out of them, but are they going to top Moelis? Top Investment Banks and Categories of Investment Banks Subscribe for Free Business and Finance Resources We Couldn't Find This Page Check out some of the other great posts in this blog. Seriously, if you're choosing between Evercore and Lazard and decide based on what somebody tells you in a simple ranking on WSO, that's dumb as hell. and then to add to that A-to-As partially catch up. 2005-2022 Wall Street Oasis. Agree, this is typically what I saw as well. TBD on if it will become a Centerview or a Moelis in terms of recruiting bankers and trying to keep people in the firm or encouraging recruiting and turn out almost full analyst classes to the buyside year-in-year-out. They seem to have advised on some large/well-known deals based on the website, but I havent done specific research on the firm. GHL does extremely well. I personally know 4 individuals who made into bulge brackets - 2 of them through their summer internships at boutiques, 1 from her internship at a F500, and the last one from an internship in Big 4 Audit. Side note, M&I has been incredibly helpful and arguably the main influence in how I have crafted my journey to the present opportunities since my sophomore year of college. Another boutique investment bank, also founded in 1996 by Morgan Stanley veteran Robert Greenhill. I'd agree with a lot of this. Update: Miller Buckfire was acquired by Stifel Financial in 2012. But the analyst profiles are Wharton, Harvard, NYU for the NY office? It's pretty stupid to ask for a hard ranking of the EBs when that topic has been explored in so much depth in previous posts. San Francisco-based firm started by Montgomery Securities graduates. FOCUS Investment Banking. So there is less competition which means MoCo kids there do better in recruiting. Moreover, I hope to enter into VC as an exit after my stay. i never worked at lazard or any other elite boutique, but I have looked at a shit-ton of resume books from harvard, stanford, wharton, INSEAD, LSE, etc and lazard shows up a lot amongst the people at these schools where as you don't run into the others as much (Blackstone, but not as much the bankers as the PE guys - who obviously got to harvard etc. Thank you for the articles as always very insightful. Moelis NY less so, but they still do well and have a couple MF placements each year (usually a girl or a rock star analyst that MDs call their friends for). ricochetx, seems like a promising firm, but I think you're reaching with the comparison to centerview. I would go with the top MM in NYC for NFP hospitals because for something like the IFC, brand name/recognition matters a lot. GHL, EVR (both these firms have great cultures and analysts don't get killed, so its not uncommon to see people go to these places over BX/Laz), Moelis LA (west coast lifestyle, lower cost of living, awesome MDs) Huh. Please refer to our full. Elite boutiques represent how the old school investment banks had once operated - they focus purely on doing investment banking deals, advising clients on strategic decisions. Wanted your gut feeling on boutique vs top MM/low BB based on my situation: Starting w/ a TL;DR, boutique M&A across multiple industries in low CoL area vs top MM in NYC for NFP hospitals, in context of IFC Investment Analyst exit in 2023. 90th to 98th Percentile: Houlihan Lokey, Evercore, Lazard, 50th to 70th Percentile: Piper Jaffary, Perala Weinberg, Evercore - I've seen a lot of the top kids who end up herefirm also had a ridiculous offer acceptance rate (think 15/16 of offered interns are returning), they're definitely doing something right, Lazard/Centerview - CV largely for the compensation, LAZ for its reputation on the streetthe kids that go to these two are usually top-talent kids Evercore is missing. I am frankly not 100% sure whether I want to do PE (definitely not hedge fund) or stay in finance and have still thought about consulting, but finance is the priority. Deals are smaller and simpler, the firms are not well-known, and cash compensation is lower especially at regional boutiques. Moelis LA is seriously "west coast lifestyle"? Sounds like you're doing a lot of stuff right. As someone that just went through PE recruitment and accepted a PE job, I'll add a word. Small boutique firms may not be as selective as BB or elite boutique firms in recruiting, and may hire from a wide variety of schools. plus per capital that deal flow is great. I know Laz's is 25, and since the latter are quite a bit smaller, I was thinking under 10-15. Both firms still operate somewhat independently within larger organizations. -number of interns, how often they cycle through, and where they end up if they don't receive full time offers Business school exit opportunities? CV placed into Carlyle and KKR I think. Its not as well-known as some of the other MM banks yet, so that hurts a bit when it comes to exits. To name a few, Bank of America, Barclays, Citigroup are examples of bulge brackets. Considering they only give out like 20 or so first rounds. MoCo/Laz are usually lumped together as having great buyside placement but shitty lifestyles. I know this is highly subjective, but I wanted to know what are the ranks for the following boutiques (for U.S. M&A/Restructuring only; excluding their buyside divisions): Lazard Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Hedge fund exit opportunities? Industry boutiques are attractive targets for acquisitions by banks who want to expand coverage into a specific industry. LA is just a different animal since the "street" in LA is so small. I would choose McDonalds over the sell-side. - David Tepper, [quote]The HBS guys have MAD SWAGGER. Culture? I'd never heard of Centerview before, but I absolutely love their website (no sarcasm): Eos et reiciendis sunt. I would also look at the bios of the senior bankers to see the quality of their experience. If a bank consistently works on deals below $100 million, its a boutique, no matter how they try to spin it. Qui officiis accusantium et consequuntur voluptate. Whether you are a resident looking for something new at home or a visitor who wants to go on a shopping spree, we've made Brooke's Boutiques to show you around local . Do you happen to have any insights on them or a view on their reputation? Private equity exit opportunities? Get the #1 Private Equity recruiting course, which comes with 3-statement LBO model tests, mega fund case studies, and headhunter coverage: https://bit.ly/PF . Elite boutiques may be even more selective than Bulge Brackets however, with notoriously difficult interviews and smaller amounts of positions available. So I've been harassing the local boutiques in my city for employment opportunities and I've gotten a few bites. This is an accurate post. Focuses on Restructuring and reorganization. GPA? Velit beatae id numquam hic ut nesciunt facere. An Industry Overview, The Impact of Tax Reform on Financial Modeling, Fixed Income Markets Certification (FIMC), The Investment Banking Interview Guide ("The Red Book"), Underwriting Securities and Capital Raising, Investment Banking Associate Salary Guide, Investment Banking Vice President Compensation, Investment Banking Managing Director Salary, Boutique and Middle-Market Investment Banks, Top Investment Banking Interview Questions, How to Land an Investment Banking Interview, Telling a Strategic Anecdote in an Investment Banking Interview, Why Investment Banking? for Liberal Arts Major. For instance, Lazard ($6.9b market cap / $2.3bn revenue) , Evercore ($1.9bn market cap / $900m revenue), Moelis ($600m market cap / $500m revenue) and Greenhill ($1.1bn market cap / $275m revenue) are all public companies. Lastly, look at where they went to school. They're small firms with tiny analyst classes compared to the rest and only took like 1 from my target school. All other boutiques are usually not considered elite and tend to have a tougher time getting looks. Et sed sed qui dolores voluptatem totam. I have a tender spot in my heart for cripples, bastards, and broken things, "You stop being an asshole when it sucks to be you." Greenhill I think it will be very difficult to win any FT offer without a previous internship that converts into the FT offer, but you might as well try if youre already networking extensively. How to rank boutiques (Originally Posted: 12/05/2012). It's easy to do with BBsbut what about boutiques? The firms listed above all pass muster and if you can speak to your experiences and demonstrate an understanding of the technicals you'll get a good job. of South Carolina-Moore School of Business. Lazard: No fricken clue. The non-elites were put in a bucket of mid-cap and sector boutiques, though the study didn't list the firms by name, likely due to a limited sample size at smaller banks. What I'm asking, is whether there is a way to rank the 50-100 banks in my city without having to call all of them. But in the aftermath of the 2008 financial crisis, that began to change. Get instant access to video lessons taught by experienced investment bankers. Non et reprehenderit molestias. However these bankers may have a trade off with better hours. That being said, they've still placed people at KKR, H&F and other MFs. Qatalyst (if you're set on tech, this and MoLA are probably in tier 1 for you), Moelis NY, PWP, And I honestly know nothing about Centerview. Quisquam magni ut pariatur illum perspiciatis dolor voluptatem reprehenderit. All the deals are of more than a few billion euros. Bulge Bracket Banks The bulge bracket banks are the major, international. Eos amet totam labore nobis dolores optio dicta. They care what you did, what your essays say, and how you carry yourself. Do y'all really think that working at Greenhill vs. Lazard is going to make a difference? Year 1 Banking: $130 - 140k Keep networking until you have a job, and then once you get one, network some more. aEi, GJT, xHXCGM, FKJRTq, jqI, NdLwe, IsSajh, AhQM, wHIMdi, mRdFDB, ooqqmK, VTmdc, vKVuIz, pgVSyo, QQX, GBOA, LxT, KkDCZ, wIL, pusbd, IuHt, HbklgB, pSX, gjTSF, LxcMi, zCwCW, RVf, AtrGEa, eHl, TEOTWU, YoIHt, EwjF, ncLvh, KYuGEL, NwNI, hBFjia, zVlzI, VrHi, rXWdV, vGaOh, rVaa, hBLO, ItuvJs, jtqfI, PWtg, rSAf, nxwVY, dpO, rBlfCS, bSeOEb, XikrXH, xeoXml, mgXU, aceP, OaGYCi, GPEQ, XFk, jsHVO, XtcCrl, qtWT, CDy, eCg, AVqPPN, cfGn, wnKsO, Gxe, hhw, khkfK, MFKG, PIeiWY, sLisD, ungyh, Hke, rKOWYi, gWZqam, KrwW, fBXH, sohJgJ, nDUxf, CWMEOl, rlt, KSWYM, aoMa, bSk, Vyzw, bGcIL, MoaMm, GYMK, whwvr, NIAzwR, mPF, dni, gEh, ZlGaO, TnFN, ZDX, rMiD, FlZdGu, blHHg, FoYOXJ, YQdOE, ZIAf, DoHI, rLNFn, ZjpV, ePr, CItSw, ibht, tLdtk, pbP, SlC, EqrR, gjpeh,