PWP Industrials 2024 Update and Associate Exodus?
With the placement process finalizing soon, I’m curious if anybody has any thoughts on the industrials group in NYC. I worked with the group a bit during last summer and from the start they were one of my top 5 for placement. One of my friends is interning right now and told me that almost all of the associates left in the past month or so. There seems to be only one or two still there with about 5 that left. Is that true? Is there a problem with the group that I should be aware of? I was considering staying in banking for the long term but this is a bit worrisome if I get placed into the groups.
If anybody knows what’s going please let me know.
Bump
bump
confirmed, handful of associates left the group in the last couple of months
Is PWP downsizing this group?
I'm not sure, they are looking for associates but deal flow is a little meh. I guess they will bring in some mediocre MBA associates as usual
Other than two mega deals this year (GIP-Blackrock and Shockwave deals), M&A deal flow has not been great in the firm
bump
This seems to be a recurring theme for this group. The same thing happened a couple of years ago. That says it all…
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