What’s an EB?
Question says it all. What are y'all basing this off of? According to the Factset's YTD league tables, judging by announced deals, Lion Tree's average transaction value of $3.7B is at par or far above the top 5 performing boutiques (Top 5 from a total transaction value perspective), which are, in order, EVR (2.68B), PWP (2.70B), CVP (2.33B), PJT (3.78B), GUGG (2.30B) this year.
Meanwhile, firms that WSO loves like MOCO (818.95M) and(1.16B) are performing (in terms of average deal size) much closer to firms like Stiefel/ (673.48M), (1.94B), (2.13B), and Roth (830.21B) who clearly don't get the same love around here.Where do y'all draw the line between MM and EB?
No shade on anyone's bank, I'm just curious about this.