Currently a non-target student looking for 2026 roles. Really interested in PCA and secondaries—anyone know which firms with these groups are still recruiting? Also, for IB in general, what banks or groups are still running processes?
Any leads or tips would be huge. Thanks in advance.
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For 2026 Summer Analyst recruiting, especially in PCA (Private Capital Advisory) and secondaries, it's essential to stay proactive and leverage networking opportunities. Based on the most helpful WSO content, here are some tips and insights:
PCA and Secondaries Recruiting:
General IB Recruiting:
Actionable Steps:
If you're looking for specific firms or groups, consider reaching out to professionals in those areas directly or checking WSO threads for the latest updates. Good luck!
Sources: What Banks Are Still Recruiting for SA 2018?, A Few Observations on Investment Banking Exit Opportunities, PE Secondaries Recruiting/HHs, Firms that are still recruiting for 2020 SA, SA 2020 - Which banks are still recruiting?
Try WB PCA (sits in NYC). Small but really solid shop with really nice people, fairly certain they haven't ran their process yet as I have a hard referral there and haven't heard from them yet. I know EVR PCA process is in progress to an extent but I think they do multiple waves and I know they started relatively recently. PJT done, Lazard and Jefferies mostly done to my knowledge.
good luck, secondaries are dope.
Appreciate the response. Got faded by Evercore and Jefferies unfortunately, I've been trying to get in touch with people at WB Sponsors and PCA since November but haven’t gotten any responses.
Are there any other shops that you know still have processes going?
I'm afraid that's really the limit of my knowledge as to timelines. Maybe try Piper Sandler or Lincoln.
Good luck after you found out half of your evr pca class are Chinese kids who paid for the position
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