Secondaries Investment Banking in 2023
There hasn't been an updated discussion on the state of Secondaries Investment Banking in a while, so wanted to hear everyone's thoughts on it.
1. Is Evercore PCA still the top player in the space?
2. What is comp/WLB in the secondaries groups of banks such as Evercore, Jefferies, PJT, Lazard, etc
3. Do exits still lean towards FoF and Co-Investments? Is it possible to exit to MM/UMM buyout?
Thank you!
Evercore definitely still number 1 players with huge market share. Seems like one of the fastest growing and most innovative spaces in IB/PE over the years to come.
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