1000% evercore RX. Even if you flame out after 6 months it’ll be a lot easier to move to HL RX LA than vice versa

 

"Leagues above HL RX" is inaccurate. The business model has for sure changed into more of a volume shop as the EBs have grown, but the work they are doing is still top-notch, so I am not sure what you're getting at with the reputation comment. 

EVR will have the edge on exits if that is what you are looking for, but you are mistaken if you think it is a far superior group all around. 

 

Quite familiar with both groups here and would recommend you to go with Evercore.

HL LA traditionally has very strong pipelines to distressed PE/HF (Ares, Oaktree, etc), but Evercore RX is arguably the fastest growing RX group in the past 5 years and is pretty much on par with PJT rssg in terms of the quality of debtor side mandates. That being said, the two groups offer similar distressed exits, but Evercore offers the additional optionality of vanilla PE exits due to its strong debtor side franchise.

 

Second this

Something to consider too is location and culture/exits that come from it.

LA will generally have a better WLB but the downside of living in LA + somewhat pigeon holed geographically

NYC is arguably the number one city for finance in the world and you can exit anywhere from there. Also best city period

 

Imo probs still EVR Rx. From a deal flow perspective EVR rx and PJT RSSG take the majority of deal flow. Also, again EVR rx exits are much more impressive vs. HL RX.

One thing worth noting is that I notice there are alot of nepotism hires with HL RX at the analyst level. I can't say the same about evr rx' class.

 

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