What well known bank is Raine comparable to in terms of prestige? Obviously it’s one of the more unique banks so I’m not wanting a similar company, more just trying to gauge its level.
Some people hype it up and some don’t see the hype. Thanks
| +197 | Americas M&A League Table Q2 Updated | 79 | 3h |
| +131 | Restructuring: Anti-climactic Experience | 34 | 1d |
| +101 | IB Net Worth / Savings Check | 48 | 32m |
| +91 | Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase | 24 | 13h |
| +80 | Stop sleeping on UBS - it’s pretty good | 26 | 2h |
| +52 | 2026 VAULT PRESTIGE RANKINGS | 29 | 1d |
| +39 | AI + Financial Modelling | 12 | 1d |
| +28 | Summer before college | 17 | 13h |
| +28 | Hardest interview experiences? | 16 | 22h |
| +26 | Current State of UBS in North America | 8 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
LionTree, Allen, Ardea, etc?
I would generally put it behind middle and top groups at top BBs (GS/MS/JPM) and all groups the six EBs (CVP/EVR/MoCo/PJT/PWP/LAZ), but above the average group at BAML/Citi/etc, although some BB groups will be better (ie: BAML LevFin, Citi M&A, etc.). Of course, it depends what your end goals are (ie: Corp dev at a cool Media company vs gunning for MF PE vs Tech PE vs Distressed Investing).
LionTree is probably the closest comp, but it's not really comparable to many traditional banks as they're a true merchant bank and think of themselves as such. Analysts/Associates can spend just as much time (if not more) on the growth equity side of the business vs. advisory. If you look the advisory mandates, they land themselves some marquee M&A deals (Sprint/T-Mobile, Chelsea, etc.) but the bread and butter is private placements and small sell-sides which complement the growth equity business nicely.
Raine's corp dev exits are legit too. Startups/PE portcos etc.
Yes - and if analysts want to do traditional buyside recruiting it seems like they can and do get good looks, it just takes a bit more hustle vs. being at a large bulge/boutique. But most do have an interest in media/sports/gaming etc. long-term and will elect to stay as Raine is one of the better platforms in the space, or as you mentioned just exit to a portco/startup that they've worked with or admire.
Does Raine take any non-targets?
Not sure, but heard from a friend who’s there this summer that the class is 12 people
Damn tuff. Really like the idea of sports IB
Doesn’t rlly matter raine pays more than most banks anyways
What is their comp like?
Qui occaecati id et necessitatibus commodi libero laboriosam neque. Expedita quisquam quis non iusto.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...