Best ECM/Equity Advisory teams in EB for SA (London)

Based on the most helpful WSO content, here are some insights into the best Equity Advisory/ECM Advisory teams in London for a Summer Analyst (SA) position:

Top Equity Advisory/ECM Teams in London:

1. Lazard Capital Markets Advisory

   • Reputation: Lazard is highly regarded in Europe, often on par with top bulge bracket banks.
   • Deal Flow: Strong presence and consistent deal flow in the European market.

2. Evercore ECM Team

   • Reputation: Evercore is well-respected, particularly for its strategic advisory capabilities.
   • Deal Flow: Known for advising on significant IPOs and equity transactions.

3. Rothschild EMS

   • Reputation: Rothschild has a strong European heritage and is a major player in the market.
   • Deal Flow: Consistently involved in high-profile equity transactions.

4. PJT Capital Advisory

   • Reputation: PJT Partners is respected, especially for its advisory work.
   • Deal Flow: Solid deal flow, though more recognized in the US market.

5. Perella Weinberg Capital Markets Advisory

   • Reputation: PWP is known for its strategic advisory services.
   • Deal Flow: Good deal flow, with a focus on high-value transactions.

6. Houlihan Lockey Capital Markets Advisory

   • Reputation: Known for its restructuring and advisory services.
   • Deal Flow: Strong in specific niches, though not as prominent in ECM as some others.

7. Lincoln International Capital Markets Advisory

   • Reputation: Recognized for its mid-market focus.
   • Deal Flow: Consistent deal flow in the mid-market segment.

8. STJ Partners

   • Reputation: Smaller but specialized in capital markets advisory.
   • Deal Flow: Niche focus with specialized deal flow.

Feedback on Summer Analyst Experience:

• Culture: Generally, EBs are known for smaller teams, which can lead to more client exposure and a closer-knit team environment.
• Deal Flow: Lazard and Rothschild are particularly noted for their strong deal flow in Europe, making them attractive for those looking to work on significant transactions.
• Learning Opportunities: Working in these teams often provides a steep learning curve due to the high level of responsibility and client interaction.

Conclusion:

For a Summer Analyst position focused on Equity Advisory/ECM in London, Lazard, Evercore, and Rothschild stand out due to their strong reputations and consistent deal flow. Each of these firms offers a unique culture and learning environment, making them excellent choices for gaining substantial experience in equity markets.

Feel free to ask for more specific details or follow-up questions!

Sources: Strength of EBs in London, Elite Boutiques and Bulge Brackets, BB vs EB in London, https://www.wallstreetoasis.com/forum/investment-banking/nomura-london-ibd-sa-20-best-teams?customgpt=1, https://www.wallstreetoasis.com/forum/consulting/qa-eb-co-invest-pe-m7-mba-mbb?customgpt=1