Chicago Investment Banking Scene 2022

Does anyone have any idea of the teams in Chicago? How are the satellite offices for BB/EB? Any thoughts on the deal flow/reputation/experience/exit in the satellite offices in Chi? Are they kinda independent from NY?

30 Comments
 

BBs:

BofA - agriculture, automotive, metals

GS - some agriculture, standard banks (in FIG)

MS - nonexistent

Citi - largest BB presence in chicago, didn't recruit with them not sure what they cover

Barclays - TMT (business services + ed tech)

EBs:

Lazard - RX, entire M&A team was fired a few years back rip

Moelis - small office

PWP - paper and packaging, maybe other stuff too

Evercore - paper and packaging only, extremely small office

Greenhill - global industrials hub, medium-ish office of 25-30 people

Other:

Blair - obviously hq

Baird - also strong

Macquarie - edtech

 

Guggenheim also in Chicago, IT services, growing office around 50-60 bankers.

 

how would you rank exits at those places? in terms of MF/UMM recruiting?

 

I would say so unless u want to optimize for MF/UMM recruiting. Blair pretty much places into standard MM funds and a few UMM

 

Would like to add CS global industrials group. They basically only cover mobility & services, but has exposure to firms globally.

 
Most Helpful

Lincoln, Stout, HL, Gugg have pretty large presences in MM space there. BMO, BGL, RJ all have offices too. Solomon partners also opened an office last year

 

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