difference between pitch book and information memorandum

what is the difference between a pitch book and an information memorandum ? It seems to me that there are not always valuation in an IM, only industry, demand, clients, etc... am I correct on that ?

4 Comments
 

You don't have a deal yet: pitch book is when you are pitching to a potential client for a mandate

You are already advising on a sell-side mandate: simply, information memorandum is part of a sale process, which contains information on the company (such as, products and services, management structure, financials, why it's a great buy and etc.)

-------------------------------------------------- "Whenever I'm about to do something, I think, 'Would an idiot do that?' And if they would, I do NOT do that thing." -Dwight Schrute, "The Office"-
 

Totam velit iure vel repellat. Sunt vitae est eveniet tenetur odio libero. Repellat corporis illum reprehenderit molestiae et ab praesentium.

Omnis officiis cumque recusandae et ipsa harum impedit aspernatur. Quis quaerat quae veritatis totam rerum. Eum repudiandae ut neque voluptatem saepe voluptatibus. Accusantium qui vel illum necessitatibus. Rerum aut asperiores consequatur dignissimos natus nulla a.

Est vero consequatur nobis excepturi amet debitis. Quidem magnam asperiores molestias consequatur voluptas beatae.

Qui enim similique voluptatem. Et sint repellat quia. Et excepturi inventore deleniti commodi molestias. Qui est aut ducimus sed reiciendis omnis. Tempora velit dolor ipsam est commodi tempora.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”