Top Healthcare Groups for exposure (overall)? (NYC)
Hi, hoping to see if anyone has insight or access to information that sheds insight on the top healthcare groups on the street? Are there certain firms that outperform in this area over others?
I understand there are various verticals and sectors in Healthcare and some firms may outperform others in that particular area but was hoping to see overall wise, which firms would be the strongest in the Healthcare space for an overall healthcare investment banking experience.
From research and previous threads it seems top groups HC overall:
BB: 1.) GS/JPM 2.) Barclays/BAML 3.) Citi 4.) MS 5.) CS 6.) DB/UBS
Middle Market/Boutique: 1.) Piper Jaffray 2.) PWP 3.) Jefferies 4.) Centerview
Would be great to see if anyone can shed insight on this or have any information.
Your boutique stuff is lacking. CenterView is almost GS like in HC now. You are also excluding Lazard, Moelis,Evercore, Guggenheim who all probably do lot more than PWP. Jefferies and even Houlihan probably do more than Piper
centerview fucking runs large cap biopharma m&a FYI
I'd take ms over baml barc and Citi. Much better deal flow.
Depends what you consider when you say overall healthcare investment banking experience. If you only mean M&A, which is not even close to an overall experience, then Centerview runs healthcare at the moment and it is not even close. They seem to be on every single large biotech sell side for the past 18+ months. If you want to work with clients through the entire process of healthcare, then you would be much better suited at a middle market bank that focuses on being an advisor at every stage. Healthcare is one of the more fragmented sectors in banking with much smaller firms generating substantial fees due to their specialty in the sector.
Your BB ranking is completely inaccurate.
MS is on par with GS / JPM. They were on AbbVie Allergan, BMS Celgene and countless other mega-deals. This makes me think you work at one of the banks listed as 2 and 3.
Few things to address here...
1. Imo JPM is the top HC team on the street
2. Piper over Jefferies?!?
3. Evercore/Gugg/Cowen should be on here