17 Comments
 

Agree, but their German Office also lost Schenck (who's now at LAZ and crushing it) and in general banked a lot on its historical performancs. I'm not aware of any huge deals they did in industrials / Germany in the past 2 years (covestro / adnoc & Bosch Hitachi come to mind, but that's it)

 
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Industrials - yes, especially in Germany.

Infra / Telco - not really in the same league as most BBs - they just don’t have as wide coverage and lower deal flow volumes as a result…but they have done a deal here and there in the telco space in France, especially with clients they’ve been close to for some time, like Orange, Altice and Iliad / Free. Stephane Richard (former Orange CEO) and Gilles Tre-Hardy are both partners in the Paris office, contrary to what a comment above says about their telco team being London-based (where they have mostly junior and mid-level bankers providing support)

For wider pan-European deal flow and experience, you need to go elsewhere. Your experience with PWP is likely to be niche at best

 

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