This would help get a good sense of banks’ projections for PE activity in the next 2 years. Anyone have data for MM/UMM shops like Baird, RayJ, HL, HW and MM/LMM shops like Lincoln, Truist? From what I've seen so far: KBCM: 50% Blair: 50% projected but TBD Stifel: 55% Jefferies: 80%
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I don't think Jefferies was that high. That would mean they hired more people than last year.
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There’s a WB thread that’s got some mixed responses. I think as high as ~85% and as low as ~50%. Think tech may have been worse.
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