Is Prestige Really All That Important?
Hi you guys,
This will be a longer post (TL;DR: Which bank will have the most PE exit opportunities / significant career advancement within Houston?)
Currently recruiting, I am trying to prioritize certain firms and have been wondering...is prestige the main factor when it comes to IB?
Vault effectively defines prestige as being well-known on "The Street."
How does this come into play regarding recruiting for PE? Are certain shops more highly regarded?
Which would be the most important factors to prioritize in the case of PE recruiting in Houston?
Vault 100 Prestige rank
Total IB employees in Houston
Total deal value in Houston
Total Energy deal fees in Houston
M&A advisory deal flow
(Let me know if I am missing anything)
To put it into context:
is the #1 bank by Energy and Power fees (globally)
is #1 in M&A Advisory deal volume in the past seven years (followed by , , , and JP Morgan)
Evercore has advised on the most deals in the past seven years (, Citi, , and GS)
JP Morgan has the most IB employees in Houston (followed by Citi, GS, Piper Sandler, and)
TL;DR 2: Which bank has the greatest possible (PE) exit opportunities in Houston?
Come to think of it, I suppose what matters, in the end, is going with the group with the most Energy deal activity, which would be JP Morgan, followed by Citi, Goldman, Barclays, MS, Jefferies, CS, BAML, RBC, and Evercore.
What are yall's thoughts?
What factors should I consider when choosing a (potential) offer from any of these banks?
Does anyone have an exact list of the top Houston banks by deal flow since last year?