Jefferies | Energy Transition Team
Hello fellow monkeys,
Know there are some older threads on here about this group but would be curious if anyone has more recent insights. It is no secret that their O&G / A&D team is absolute cancer but have heard that this group operates entirely independent of the traditional energy team (which is relatively rare for Houston).
Would be great to hear about this group's culture (vs. Traditional O&G), typical hours, deal flow, headcount and any recent interesting deals they've done.
Cheers
I'm in a similar type of group at a different bank. I think renewable energy / cleantech companies are really cool to work with. Tax equity especially is a really interesting product for renewables financing. The modeling gets pretty complicated though since there are so many Pcases for energy production. Anyways, I can't speak for what the culture is like at this group at Jefferies, but I saw a job posting for an analyst role in the group and $110,000 seems low to me. I think most of the leadership for this group are in Houston and come from renewables coverage backgrounds.
Thanks for the color - would agree that $110k is low for a lateral analyst (believe street is $120-130k based on experience).
Yup, you wil be an excel wizard in this field- tax equity models can get pretty insane.
Isn’t $110k street for base comp?
Not for experienced analysts.
I'm at 125k as an experienced lateral and I know HL will pay up to 135k. Plenty of places pay higher for experienced laterals.
Bump, also interested! Seems like a relatively new group so would love any insight
Bump, also interested
Bump, love to learn more
Met a bunch of the team — most of them were really nice and down to earth. Some think they’re the smartest person in the whole world (it’s JEFF what’d I expect). Don’t know if it’s O&G+ET team but have seen anywhere from 10-20 people quit since October 2024. Super understaffed team from what the MD told me. Deals you can find on MD’s LinkedIn - seem to punch above their weight a lot
Nice. Is this summer analyst or analyst? Did you end up getting an offer?
Lateral position — hiring process was super rushed from first coffee chat to office visit. Ultimately picked another firm before they ended up saying they needed someone with more experience considering they were “drowning in their deal flow”
Good group but be prepared for long hours
Can you please elaborate? Protected Saturdays?
It's JEFF - what do you think...
Team comes from Guggenheim where they worked on a ton of ET related deals. Head MD is David Dolezal, one of the biggest heads in the ren energy space who brings in a ton of dealflow, and other two MDs are good too. Pretty new so hard to gauge things, but seems to be a decent amt of M&A given the nature of the space and equity cap raising. Would assume dealflow is great and hours are similar to Jeff Houston (which you can find a lot about on WSO lol).
isn't this group split between nyc and houston?
Yes, but I think 3 MDs including global head and Americans head sit in Houston
Saying it’s split is a bit of an over exaggeration. No more than a VP and an analyst in NYC
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