Solomon Partners Insights

Solomon Partners, formerly known as PJ Solomon, has been growing its analyst program and undergraduate recruiting efforts, especially after being acquired by Natixis. Here's what you need to know:

1. Deal Flow: The firm is known for its strong presence in consumer/retail sectors but has diversified into other areas like healthcare, fintech, and infrastructure. While they work on solid deals, they are generally not as large as those handled by bulge brackets or elite boutiques.

2. Internship Return Rate: Specific data on return rates isn't available, but the firm has been actively expanding its analyst program, which suggests a focus on retaining talent.

3. Junior Responsibilities: Analysts are expected to handle a variety of tasks, including financial modeling, pitch preparation, and deal execution. The smaller size of the firm compared to larger banks may provide more hands-on experience and exposure to senior bankers.

4. Hours and Culture: The culture is described as relatively collegial, with a focus on teamwork. However, like most investment banks, hours can be demanding, especially during live deals.

5. Compensation Progression: Compensation is competitive for a boutique firm, though it may not match the levels of elite boutiques or bulge brackets.

6. Exits: While exits to buyout shops are less common compared to elite boutiques, analysts have opportunities to move to middle-market private equity, venture capital, or corporate roles. The firm's growing reputation may improve exit opportunities over time.

If you're considering Solomon Partners, it could be a great fit if you're looking for solid deal experience in a more boutique environment with opportunities for growth.

Sources: 10 Random Career Life Hacks, Any insight on PJ Solomon NYC?, Liontree Hours Culture, Q&A: Former MBB Consultant, Thoughts on Financial Technology Partners