Elite Boutiques in Canada (Toronto)
I'm curious about the elite boutiques that have a office in Toronto. Can anyone comment on summer and full-time hiring/deal flow/exits/comp? I know Lazard, Evercore, Greenhill, and Rothschild are in Canada. Anyone have specific info on them?
Much thanks. I'm currently a second-year student with a solid internship lined up for the summer of 2020, looking to get a head start on recruiting for 2021 SA.
Greenhill's Toronto office has execellent deal flow. Most recent deals include a couple of $3bn+ deals for Canapy Growth, Canfor Corporation's $2.7bn go-private transaction, and Government of Canada's acquisition of the Trans Mountain Pipeline system. The three MDs in the office include ex heads of GS/MS Canada. The analyst class is small (1-2, meaning that the recruiting process is extremely competative) and exit opps include Brookfield and other top PE shops.
Greenhill Toronto also sent a recent A2A to Harvard Business School this year
EVR Toronto recently landed the Xplornet deal ($2bn) but that's all they've done really in the last few years LAZ Toronto did a few deals, GMP/Stifel and Cronos/Altria GHL Toronto really changed itself since 2017 when the head of GS Div joined, as others mentioned they did all the Canopy deals, Canfor, Aritzia, Sobeys/Farmboy, Blackstone/Pure, Brookfield etc.
I'd say all three all good but GHL is probably better from deal flow, transaction type perspective. Haven't seen crazy exits from any of them but GHL did send to Teachers, Brookfield, HBS recently
and if it matters, have seen guys with Greenhill branded patagonia vests in the path (got a weird maple leaf on the collar lol) but have not seen EVR or LAZ