Best European IB infra teams?
Hi all, Was wondering what the best European IB infrastructure banks/teams are in terms of prestige, trajectory, exit opps into infra PE, etc. are? Cheers
Hi all, Was wondering what the best European IB infrastructure banks/teams are in terms of prestige, trajectory, exit opps into infra PE, etc. are? Cheers
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Based on the most helpful WSO content, the top European investment banks with strong infrastructure teams include:
Goldman Sachs, Morgan Stanley, and JP Morgan: These Tier 1 bulge bracket banks are highly regarded for their infrastructure groups, offering excellent deal flow, prestige, and strong exit opportunities into infrastructure private equity.
Lazard and Rothschild: These Tier 1 boutique banks are particularly strong in Europe, with significant expertise in infrastructure advisory. They are on par with the top bulge brackets for prestige and exits.
Citi and Bank of America Merrill Lynch (BAML): These Tier 2a bulge bracket banks also have notable infrastructure teams, providing solid deal experience and good exit opportunities.
Evercore and Moelis: Among the elite boutiques, these firms have growing infrastructure practices in Europe, benefiting from their U.S. reputation and offering strong exits into private equity.
Deutsche Bank and Barclays: These Tier 2b bulge bracket banks have a strong local presence in Europe and are known for their infrastructure deal flow, particularly in their respective home markets.
For exits into infrastructure private equity, Canadian pension funds like CPPIB and OTPP are dominant players, often preferring direct investments over fund managers. These funds focus on large-scale deals and are strong competitors in the infrastructure space.
Sources: Official Investment Banking Rankings: Boutique and Bulge Bracket Prestige, Overview of Infrastructure Private Equity, Overview of Infrastructure Private Equity, Investment Banking in London (EMEA) - Strongest Players, League Tables, Salaries, Differences..., Investment Banking in London (EMEA) - Strongest Players, League Tables, Salaries, Differences...
I’d say it is no really a “prestige” point like in other asset classes. Across verticals, the best teams are for sure evercore and Roths, and macquarie slightly below. Then you have Barclays that does the big utilities deal. Also, jefferies and rbc are pretty active (check smart metering but also renewables). Then you have other good players in the MM / UMM like DC and Cantor. Other teams are likely UBS and DB, although they compete for the same mandates as the UMM / MM players above. CACIB M&A was also decent historically.
For digital add nomura (one of the best), Lazard and perella
Couple new entrants as well in generalist infra like piper sandler and stifel
For more Nat resources then the usual big ones like GS, BofA etc.
Curious as to where you would rank Macquarie amongst all of them; Heard good things about Macquarie in the European infra space
Sorry forgot to add, solid team just a tier below Roths and evercore imo
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