RX scene in London/Europe

Hello everyone, 

I am finishing my first year at a UK non-target and I am interested in restructuring. I have been able to find a lot of information on the US RX scene, but very little updated info on the RX scene here in London and in Europe in general. 

I was hoping someone could shed some light on:

-what are the best RX banks?

-how do these compare in terms of comps/culture/a2a or exit opp?

-do any of these banks allow to internally transfer to the US?

Thank you!

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Comments (13)

May 29, 2021 - 9:01am

Have heard in terms of dealflow it is HL/PJT followed by RTH/LAZ/MOE, followed by the rest - can't say if comp works out the same way

Also interested to hear more info on culture/comp and details on dealflow/trajectory e.g. EVR adding to Rx but believe they still mostly do MM deals a rung below the firms above

  • Intern in IB - Cov
May 29, 2021 - 11:39am

Agree with above. HL and PJT leaders by far, followed by Laz and Roth (I don't know about Moelis).

I also heard that PWP was growing in this field

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  • Associate 2 in Consulting
May 29, 2021 - 2:18pm

I work in one of the big 3 Rx consultancies. pjt and HL are the main ones we deal with.

Edit: moelis is prob the 3rd name that comes to mind after those 2. However obvs case dependent. I don't work on all our cases nor do I know all their details so bit biased with my experience / what is shared 

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May 31, 2021 - 1:09pm

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