PCA Interviews

Based on the most helpful WSO content, here's what you need to know about PCA interviews for Evercore and Lazard:

1. Evercore PCA/Secondary Advisory:

   • Evercore is considered a Tier 1 PCA group, known for its high volume and pay. However, the environment is described as high-stress with significant turnover.
   • Interviews for Evercore often include behavioral questions (e.g., "Why Evercore? Why this group?") and technical questions. Superdays may involve case studies or deal-related discussions.

2. Lazard PCA/Secondary Advisory:

   • Lazard is seen as a Tier 2 PCA group, currently rebuilding after losing talent. They are focusing more on GP-led deals.
   • Lazard's interviews may lean towards understanding your fit for the team and your ability to discuss deal dynamics, given their focus on GP-led transactions.

3. General PCA Interview Tips:

   • Be prepared to discuss deal dynamics, GP-led vs. LP-led transactions, and your understanding of the PCA market.
   • Expect technical questions and case studies, especially for Evercore, which emphasizes execution capabilities.
   • Cultural fit is important, so be ready to articulate why you're interested in PCA and the specific firm.

If you're targeting these groups, focus on understanding the nuances of PCA deals and be ready to showcase both technical skills and cultural alignment.

Sources: Best PCA/Secondary Advisory Groups, Tier 1 PCA/Secondary Advisory, EB Comparisons, Evercore v.s. Lazard v.s. PJT Partners, EB is Paradise