Banking groups with best on-cycle PE placement this year?

Based on the most helpful WSO content, here are some insights into the banking groups with the best on-cycle Private Equity (PE) placements this year:

1. Top Groups at Bulge Bracket Banks:

   • JPMorgan: Their top groups exit as well as anyone else.
   • BAML (Bank of America Merrill Lynch) Financial Sponsors Group (FSG): Known for fantastic outcomes.
   • Goldman Sachs (GS): Consistently strong placements.
   • Morgan Stanley (MS): Also known for strong placements.

2. Tier 2 Banks:

   • BAML, Barclays, Credit Suisse (CS), Citi: These banks have very consistent and strong placements, especially if you are in one of their stronger groups.

3. Tier 3 Banks:

   • Jefferies, Guggenheim, Greenhill, Deutsche Bank (DB), RBC: While it's more challenging to get to a Megafund (MF) from these banks, it is possible with focus and strategic efforts. Upper Middle Market (UMM) placements are more common.

4. Elite Boutiques (EBs):

   • PJT Partners (PJT RX): Known for quick and successful placements during on-cycle recruiting.

These insights reflect the general trends and outcomes observed in the recent on-cycle PE placements. For more detailed and specific information, you might want to check out the full discussions and threads on Wall Street Oasis.

Sources: Best Banks for On-Cycle Rankings, Best Banks for On-Cycle Rankings, IB On Cycle 2023 Placement - Where did your groups place?, Dust Settled - Which Banks Placed Best?, 2020 On-Cycle PE Placement