37 Comments
 

It’s about per capita exits and choice of opportunity. The reason you may not see too many CVP or PWP analysts is 1) extremely small class size and 2) they have very good A2A promotion comp and therefore many simply choose to stay, although I’m sure the headhunters are sending plenty of recruiting emails to the analysts.

 

Why is everyone hating on PWP? I know Lazard gets shit on in the US but whats up with PWP?

 

PWP is not doing well from a dealflow or culture perspective. I would take a look at their Q3 earnings vs PJT / LAZ

 

Didn't Lazard announce Corteva ($50 bn), Mars Kella ($35bn), Constellation ($26bn), Schroeders ($13bn), Akzonobel ($25bn), Keurig DrPepper ($23bn), Advisor toBeacon  ($11bn) , Amcor ($15bn), QXO ($15bn)

All US deals (2025/2026), not sure what the hell Lazard falling off means

 

It is hard to say working in IB is prestigious in the big '25 when vc, startups, straight to PE, and quant all exist. It's like being in first on the B team. 

 

prestige lists like this are fun to argue about, but whether Evercore, Centerview or the other EB names sit at the top really depends on what niche or geography you care about. At the end of the day it’s cool to see how people rank RX/M&A groups, but don’t over-read into it either.

 

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