Exits from Moelis, PWP, Laz?
Is it true that you can exit virtually anywhere if you really want too? I know the small class sizes and retention rate mean less placements, but I saw that the exits at these 3 were decent.
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All three of these shops have had analysts go to pretty much every Megafund (only two outliers I can think of are BX Corp PE and SL) over the past 3-5 years. It ultimately comes down to the individual and your UG, Group, Deal Experience, and how you come across in HH meetings and actual interviews. That being said, even at these top firms only a few analysts crack Megafund PE, a testament to how difficult the process is. I know both Lazard and Moelis both get HH interest at the MF and UMM level in Wave 1 of on-cycle PE recruiting, not sure about PWP but it’s likely similar.
Lazard SF Tech sent 2 to Silver Lake in the past 2 cycles
More broadly as far as MF PE exits for the EBs go Peak Frameworks had a breakdown video with real data that gave a true picture of exits. Basically went down as such:
Unclear: CVP and PJT don’t have as much data because of firm size, (although anecdotally from this site PJT RX exits seem to be as good as anywhere, unsure about M&A) but I’d imagine they’re in the same boat as Lazard and Evercore
Thanks for the tips. Yea, I believe the smaller EB’s (CVP/PWP/PJT) certainly have the option to exit virtually anywhere but due to retention, less people, ect you may not find an analyst on LinkedIn at a PEMF.
Yeah, I’m really only familiar with the NYC offices. There are some variations between offices of course, like Moelis LA vs SF vs NYC or Lazard NYC vs Chicago RX vs SF Tech. West Coast offices will definitely place better on the West Coast, especially for firms with large presences there like SL, Apollo, or LGP.
Yea think all 3 do an excellent job exiting.
All great. Especially Moelis.
How does PWP SF tech do in terms of opportunities for placement?
Interested
Moelis LA/NYC have great exits everywhere, even into HFs and top growth equity shops. Lazard SF tech is also insanely good, I know analysts there are always working on huge deals with Google/IBM
WHY ARE ALL EBS BESIDES MOELIS AND PWP PAYING 120K BASE!?!? HURRY UP.
Likely some of the best, they take a lot of bright kids
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