I was wondering if anyone could provide some details on comp, size, exits, and recruiting timeline of HL's Houston Group. The overall O&G group looks to be made up of all restructuring bankers with just an Energy head.
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Don't know all the details about the group and compensation, but I've run into the group a couple of times. They're relatively new with some of their associates and analysts relocated from the New York restructuring group. They have some laterals from other NY EB's that came from a restructuring background as well. If I can recall, the other half of the group comes from corporate with traditional O&G backgrounds.
They haven't been around long enough to have exits, but I don't think it would be an issue given that multiple group members came over from respectable buy-side shops. They're a small group right now, but the Energy industry has shown signs of distress so it makes sense that they chose to relocate many RX bankers.