Which is Better: EVR RX or HL RX (EMEA/London)?

How would you go about deciding between these two groups? HL is much larger in numbers, both on deal flow volume and headcount, and EVR seems to be having good growth momentum in general in EMEA but leaner team, but less visibility on league tables so far (is that even important in RX?) 

How would you go about picking between where to work out of these two firms? 

Any insight on comp/learning/culture/hours/WLB flexibility/exit opps is very helpful. 

12 Comments
 

Ignore above comment

Have networked with both groups and selected for one of them for interviews

HL is different tier, EVR team is small and not got the same level of mandates so it's endless pitching 

 

Prospect in IB - Gen

Ignore above comment

Have networked with both groups and selected for one of them for interviews

HL is different tier, EVR team is small and not got the same level of mandates so it's endless pitching 

HL has more people though so wouldn't it be a better learning experience at EVR? Especially given recent growth in EMEA? 

Which would be less political to work in as a junior from your PoV? Can I PM you?

 

from what i know based on networking

EVR has few RX deal mandates whereas HL has multiples more

So there's no point working at EVR if HL has astronomically more deal flow

EVR has grown in EMEA but not in restructuring, defo in M&A advisory. 

Evercore is less political though so it's as you wish. 

 

HL / PJT dominate EMEA, with the biggest mandates and most deal flow

EVR doesn’t compare at all imo, would likely be much more pitching vs mandates

Work at one of the two above firms and have friends at our counterpart, wlb seems similar with tougher hours and strong exits across with PJT being able to go into PE, whereas HL would be focused on credit

 

Analyst 1 in IB - Restr

HL / PJT dominate EMEA, with the biggest mandates and most deal flow

EVR doesn’t compare at all imo, would likely be much more pitching vs mandates

Work at one of the two above firms and have friends at our counterpart, wlb seems similar with tougher hours and strong exits across with PJT being able to go into PE, whereas HL would be focused on credit

Would the leaner team at EVR offset the lower dealflow vs. HL in terms of learning experience? Where are people friendlier/more open/less cliquey? Are exits that different across EVR vs. HL? How bad is the WLB?

 

Anonymous Monkey:

Analyst 1 in IB - Restr

HL / PJT dominate EMEA, with the biggest mandates and most deal flow

EVR doesn’t compare at all imo, would likely be much more pitching vs mandates

Work at one of the two above firms and have friends at our counterpart, wlb seems similar with tougher hours and strong exits across with PJT being able to go into PE, whereas HL would be focused on credit


Rx teams are already small, the leaner team idea doesn’t make any sense for this comparison imo. Dealflow is king. HL culture is not great from what I’ve heard, people are nice but can be v stressful. WLB will be bad across the two most likely, with HL involving actual deals vs pitchingExits are best at HL / PJT
 

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