Evercore - PE Placement in London?

Wondering how Evercore fairs for PE placement in London compared to the bulge bracket banks?

Stress this is for London, not US. Afaik their UK business is basically just the old Lexicon business, so wondering if the prestige/exit opps still hold.

 

Bumping this.

You know you've been working too hard when you stop dreaming about bottles of champagne and hordes of naked women, and start dreaming about conditional formatting and circular references.
 

Simple answer bud. When the month strikes May, go on to LinkedIn and type this in the search engine "Investment banking analyst Evercore london" -- you will pull up about 100-250 results, 50-100 will be solid, 50-100 will be rubbish. Create a spreadsheet and track each class and their exit op. Should take 2 hours or so. Done. No need to rely on shitty information from this forum. If you put in the work, you will get factual data and actually analyze recruiting trends, etc. Highly advise if it is a serious concern or interest. And don't screw up the search engine. You will get maybe 8-15 tabs. Write down all the names FIRST for all the tabs then start clicking on them. This way you don't run out around tab 6 or so.

 

Strong growth, have been recruiting heavily from BBs and other EBs on junior and senior level, restructuring appears to be strong, not sure if any industry teams stand out. Compensation appears to be a bit higher than for BBs, and they've used this heavily to get seniors.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 
Matrick:

Strong growth, have been recruiting heavily from BBs and other EBs on junior and senior level, restructuring appears to be strong, not sure if any industry teams stand out. Compensation appears to be a bit higher than for BBs, and they've used this heavily to get seniors.

Restructuring is not strong.
"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 
Best Response
Matrick:

Who would you say is strong in restructuring in London?

HLHZ, BX, Moelis.

Roths - run a good process and get mandates but not good. Laz - a lot of people left and not what it once was Gleacher Shacklock - smart guys but suffer from lack of scale PWP - one guy, doing nothing Greenhill - really ballzed up on Yell

A lot of the smaller independents will have about 5 guys in their RXing dept. so they can pitch capabilities and get the odd company side mandate from relationship companies / sponsors.

"After you work on Wall Street it’s a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side.” - David Tepper
 

Evercore is awesome. If you get the chance to work there I would most definately take such an opportunity. They have a great team as well as heard great stories about their analysts having ridiculous exit opps.

 

Team size is 20 and growing. They are headed up by ex JPM bankers mostly. Their last deal was announced last week:

Advised Hungarian pharmaceutical company Gedeon Richter on its $1.3bn (€908m) acquisition of Polish rival Polpharma. I know they also do a bunch of work in pharma and aerospace

Their London office essentially covers all of Europe as of now.

 

I'm assuming since it is November this is for a SA position (though not sure of the recruiting timetable in Europe so maybe not). Evercore is known for grilling you on technicals, and difficult ones at that. I've heard this mainly from superday candidates, so I am not sure if it is true for phone first round interviews, but I would be prepared regardless.

 

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