EVR vs PJT M&A

have offers from / interviews with both. really could use help deciding between the two. I know PJT RSSG is an extremely sought after group but how is PJT M&A and how do they stack up to EVR in terms of exits / pay / culture / work-life etc.

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Closest comps on the street in my opinion with regard to everything you're curious about. Only differentiators that I can think of would be whether you want a smaller start-up feel or a more established firm, or which verticals you're more interested in.

 

both for SA NY. PM if you're curious about process. and @CamNewton19" agreed that they are very close that's why decision is so tough. EVR seems more established that seems to be their biggest +1 (in relation to PJT). PJT seems more exclusive / start-upy. Would appreciate more thoughts

 
Best Response

Congratulations on two amazing offers.

No insights myself as I didn't go through PJT's recruiting but as for Evercore just from the people I've talked with (and people from different banks) their culture is great. But I'm sure you know that already.

Really just decide on which people you like better as honestly you can't go wrong with exit opps from either. That's what I decided when picking my offers (assuming the tiers/calibers are the same).

I'd personally pick PJT but you can't go wrong.

 

This is really helpful man, thank you! Main thing I've been concerned with is PJT's reputation post spin-off and if it is still viewed in the same light as BX M&A (or even PJT RSSG for that matter). trying to wrap my head around that

 

From talking with friends there, it's not BX M&A from an exits perspective. I never knew anyone at the old BX m&a but it seems like they were placing at the level of GS TMT/MS M&A (sending like 50%+ of the analysts to MF PE/HF and practically everyone else to top MMs). From talking to current M&a folks there, seems like now it's a couple kids to MF PE, couple to great MMs (Berkshire is big for them) and the others to various strong mm shops and maybe a few hedge funds.

 

Just from what I heard PJT is still highly viewed similar with the likes of Evercore/Lazard/etc. Not sure about exit opps since I'm not in the industry but if you're in that kind of calibre firm its really up to you to make it happen (from what I've been told). You'll get the opportunities to join MFs and other HFs just really up to you to capitalize on it whether it be Evercore and PJT.

 

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