BAML vs. Jefferies vs. Lazard IB in Houston

Hey everyone,

Had a quick question. Out of BAML, Jefferies, and Lazard in their Houston offices, who is the best in terms of exit opportunities into PE? I appreciate any help!

 

i've seen a lot of guys in energy PE out of BAML

Disclaimer for the Kids: Any forward-looking statements are solely for informational purposes and cannot be taken as investment advice. Consult your moms before deciding where to invest.
 

Jefferies is strong in upstream but that will only hold as long as Eads is around (and/or Aubrey is calling the shots at CHK)... rest of their groups are irrelevant.

Laz...gets a bad rap on here...maybe deserved...but at the analyst level the name is strong nationally and at least they are doing something to attempt to bolster the deal flow. Assume they get paid pretty well despite not exactly being a rainmaker office.

 
Best Response
illusion111:
Also, does anyone know about RBC or BMO in Houston? I know they're not very big, but any insight regarding their deal flow or analyst placement into PE/HF would be great. Thanks in advance!

They've both gotten on some good-sized deals. BMO seems to do a lot of capital markets work, and looks like Canada is pulling in the bigger deals--Cnooc/Nexen, Progress/Petronas.

Know of a few BMO-ites that jumped to other banks and RBC-er that got into a small PE fund. Not too strong for the buyside.

 
OGBanker:
illusion111:
Also, does anyone know about RBC or BMO in Houston? I know they're not very big, but any insight regarding their deal flow or analyst placement into PE/HF would be great. Thanks in advance!

They've both gotten on some good-sized deals. BMO seems to do a lot of capital markets work, and looks like Canada is pulling in the bigger deals--Cnooc/Nexen, Progress/Petronas.

Know of a few BMO-ites that jumped to other banks and RBC-er that got into a small PE fund. Not too strong for the buyside.

What about Scotia Waterous? How is it compared to RBC and BMO in Houston?

 

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