London boutiques exit ops

Hey guys,

How would the boutiques rank in London in regards to exit ops? The names I have come across would be: Rothschild, Lazard, Evercore, Greenhill, Blackstone (M&A and restructuring rather than their PE arm). I am not looking for an actual ranking, but rather some discussion and comparison of these places (and any others I have missed out) about potential opportunities as an analyst. Which of these are a good place for buyside recruitment? Also, focussing on London, how do the BBs compare to the boutiques on this matter? E.g. assuming other factors are the same would it be more/ less preferable to choose a BB over these boutiues?

Would appreciate some information from people currently working in London/ have knowledge of the buyside recruiting there. Thanks.

 

discussed to bone on WSO...

anyway few people will comment that Rothschild has bad exit ops, and few will comment that they are super strong in UK/Europe

bottom line: BX all the way

others are pretty similar with exception of the Rothschild which used to be more of a long-term banking career (not sure if still like that tho) mostly depends on you, your networking, etc. but again - BX

 
Best Response

BX in Europe is great for exits if you start out of undergrad in PE or REPE - unrivalled by any bank over here (e.g. hedge fund exits). Out of the boutiques Lazard has the best exit options out of the group I would say (purely on placement over the last few years from there). If you are at Greenhill or Evercore you should however be equally able to at least get interviews at most reputable shops. In terms of vs. BB it depends on the firm you are going to but generally the boutiques are treated equally to most of the BB's (exception being maybe GS & MS). Some markets focused shops may value some capital markets (e.g. LevFin, ECM, DCM) experience in addition to M&A but generally speaking all big firms (referring to the likes of Blackstone, KKR, Bain Capital etc.) wont really make a difference between boutique or BB.

"too good to be true" See my WSO Blog
 

Adipisci eius ut fuga in voluptas sequi cupiditate qui. Dolor harum qui animi velit. Aut nihil molestiae eveniet.

Officia ipsam modi et et. Voluptatem dolores vero et saepe. Nisi ab atque voluptatem doloremque totam rem. Distinctio qui voluptas et et asperiores quasi reprehenderit est.

Ut in dolorem quia a velit architecto. Et voluptatibus fugiat praesentium ut mollitia esse neque. Iste maiores omnis totam. Repellendus nostrum tenetur et autem mollitia fugit. Vero ad similique animi numquam sequi accusantium sed. Neque quasi dolor cum ipsam.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”