EVR RX LDN?
Any updates on comp/culture/hours/dealflow in the group in 2025? Seems like a very small group compared to other banks
Any updates on comp/culture/hours/dealflow in the group in 2025? Seems like a very small group compared to other banks
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Career Resources
Based on the most helpful WSO content, there isn't specific information available about the EVR RX group in London (LDN) for 2025. However, here are some general insights about Evercore's RX division that might help:
Compensation: Evercore RX roles are known for offering competitive pay, often surpassing M&A roles at times. For example, first-year associates in RX at independent advisory shops like EVR can earn up to $250-300k all-in. Analyst compensation in 2023 was around $168k for first-year analysts, which aligns with other elite boutiques.
Culture: The culture at Evercore has been described as intense, with some groups experiencing "sweaty" dynamics and infighting as the firm has grown. RX teams, being smaller, might have a more cohesive environment, but this can vary by location and leadership.
Hours: RX hours are often described as brutal, sometimes worse than M&A. Anecdotes suggest RX analysts at Evercore work longer hours than their M&A counterparts, with earlier starts and later finishes.
Deal Flow: Evercore RX is highly regarded, especially in the U.S., where it competes with top players like HL, PJT, and Lazard. The group focuses on debtor-side mandates and has a strong reputation for analyst placement into distressed funds and special situations groups. However, the London group is noted to be smaller, which could mean fewer deals but potentially more exposure per deal.
If you're looking for specifics about the London group in 2025, it might be worth reaching out to current analysts or alumni for the most up-to-date insights.
Sources: EVR RX v.s. HL NYC RX, Evercore paying up to $25,000 to delay start date, Evercore paying up to $25,000 to delay start date, EB Comparisons, Pros & Cons Summary - Post-MBAs in Restructuring (RX) - any regrets?
I heard that EVR RX London isn't as built out as NA. Anyone feel free to correct me if I'm wrong but I heard that from someone at the firm. Their bread and butter is FIG and Debt Advisory.
The FIG and Debt Advisory: are you referring to Evercore advisory in general or their RX group?
Debt advisory is separate from RX now. Very simply, RX is your typical distressed company advisory and debt advisory is more project-focused. E.g. they have a mandate where they are organizing the debt capital structure for a large infrastructure/entertainment district in London.
And yes - for FIG I am referring to their strategic advisory/M&A team.
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