20 Comments
 

This is what I've heard after speaking with a 3rd party recruiter that deals a lot with the firm (take with a grain of salt): -Work long hours -Large deals, sometimes will pitch against bulge brackets and bigger banks for energy deals -Deals most comprise of financing for energy projects, not a ton of M&A -Great new office and good culture -Not sure on compensation

 

Good bank but would say >90% of deal flow on assets / portfolios. Fine but means less exposure to platforms - could be good or bad thing. Naturally less platform works means less buy side mandates which most of the time are honestly unsuccessful. However you do learn a LOT when it comes to platforms so depends on what you want to do after IB. 

 
Most Helpful

In general, most renewables transactions are at the assets and portfolios; this is just how infra is financed (through SPVs). This is what the industry considers M&A. There are far more corporate M&A deals with IPPs and DevCos as of late as financial sponsors want to take development risk, because there's too many low cost-of-capital investors chasing construction stage or operating assets.Marathon is a well regarded shop, and I've seen the juniors exit to top megafunds and pension funds within the renewables / infra space. You'll likely be limited to energy / infra focused roles, but you'll be able to compete for top roles in this sector.

 

I'm currently at one of the largest IPPs/renewable developers in the US as an analyst in the project finance/capital markets group. We've worked with Marathon here and there and the teams seem pretty competent. I'd like to eventually move to megafund or large infra PE (GIP/Stonepeak/InfraRed/Glenmont/etc.) but don't know how realistic it is from my current desk. Would it make sense to lateral to an IB like Marathon which interacts with these funds much more regularly than my current team and develop those relationships and other general IB skills? 

 

Et nobis dolor inventore cupiditate. Expedita qui porro voluptas non sit tempora omnis. Nam sed nostrum in eligendi quasi. Nesciunt quisquam aut omnis adipisci. Sapiente et quis earum. Ipsa itaque vitae mollitia vel cumque.

Modi tempora vel molestias sint molestias natus. Rerum cupiditate dolor corporis. Omnis voluptas iste repellendus eligendi laudantium quos ut.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
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...”