Best Infrastructure / E&C IB Groups

Based on the most helpful WSO content, here’s a breakdown of top infrastructure and engineering & construction (E&C) investment banking groups:

Top Infrastructure IB Groups

1. Large Cap:

   • Macquarie: Known for its strong presence in infrastructure investment banking and private equity.
   • Evercore: Highly respected for its infrastructure advisory work.
   • RBC: Well-regarded in the infrastructure space, though some suggest it may not have the same brand strength as others.
   • Goldman Sachs: Operates through its infrastructure-focused private equity arm, West Street Infrastructure Partners.
   • Morgan Stanley: Active in infrastructure through North Haven Infrastructure Partners.
   • JPMorgan: Invests via JPMorgan Infrastructure Investments Fund and separately managed accounts.

2. Middle Market:

   • Deutsche Asset and Wealth Management: Focused on Pan-European Infrastructure Funds.
   • Other Mid-Market Firms: While specific names aren't highlighted, mid-market firms often focus on smaller-scale infrastructure deals.

Top Engineering & Construction (E&C) Groups

While specific E&C-focused groups aren't explicitly mentioned in the WSO dataset, infrastructure IB groups often overlap with E&C due to the nature of projects like toll roads, utilities, and large-scale construction. Groups like Macquarie, Evercore, and RBC are likely to have expertise in this area as part of their broader infrastructure focus.

For a more tailored recommendation, consider the specific region or type of E&C projects you're interested in, as coverage can vary significantly.

Sources: Overview of Infrastructure Private Equity, https://www.wallstreetoasis.com/forum/investment-banking/ib-pu-vs-infra-project-finance-teams-for-infra-pe-recruiting?customgpt=1, Infrastructure Investment Banking, https://www.wallstreetoasis.com/forum/investment-banking/best-energy-investment-banking-groups?customgpt=1, Top Investment Banks in each industry 2018