prudentinvestor:
Jefferies health care M&A beats everyone on the street, bar none. It's their biggest rainmaker in terms of IB. Good luck getting an internship there though.

No question, Healthcare is definitely the top group at Jefferies. But top of street? Totally off. So off, in fact, that I prepared this little ditty via Thomson:

http://goo.gl/3AXau

I feel like WSO debates should reference actual figures, like on a regular basis. I may do tables like this more often if there's interest.

"There are three ways to make a living in this business: be first, be smarter, or cheat."
 

I work on a healthcare fund and have met with most of the banks as we're planning to do 3 or 4 big exits over the next 2 years.

JP Morgan probably knows the most (their MD really impressed our team). I'm also going to their healthcare conference in Jan. WOuld make them my #1. William Blair has been on a ridiculous amount of deals. They would be good.

BAML is probably solid (second busiest group in the bank) but personally I don't like them. They didn't know near as much as the guys above. Oppenheimer made great decks but the one guy I know that works there says they suck (not to mention it's a low tier bank) Aeris Partners is smaller but they really know their stuff RBC has a decent size group and a great deck but my team members who met them them said they weren't impressed I only know Barclays equity research guys, but they really impress me. I don't know anything about Jefferies.

I'm meeting with Credit Suisse soon too. Don't know much about them yet. Haven't met GS or MS but I'm sure they'er good.

Hope this helps.

"If you want to succeed in this life, you need to understand that duty comes before rights and that responsibility precedes opportunity."
 
TheBigBambino:
I work on a healthcare fund and have met with most of the banks as we're planning to do 3 or 4 big exits over the next 2 years.

JP Morgan probably knows the most (their MD really impressed our team). I'm also going to their healthcare conference in Jan. WOuld make them my #1. William Blair has been on a ridiculous amount of deals. They would be good.

BAML is probably solid (second busiest group in the bank) but personally I don't like them. They didn't know near as much as the guys above. Oppenheimer made great decks but the one guy I know that works there says they suck (not to mention it's a low tier bank) Aeris Partners is smaller but they really know their stuff RBC has a decent size group and a great deck but my team members who met them them said they weren't impressed I only know Barclays equity research guys, but they really impress me. I don't know anything about Jefferies.

I'm meeting with Credit Suisse soon too. Don't know much about them yet. Haven't met GS or MS but I'm sure they'er good.

Hope this helps.

Do you have any information on the JPM HC Conference? Is it open to students or just HC professionals.

Thanks so much!

 
Dreamgazing:
TheBigBambino:
I work on a healthcare fund and have met with most of the banks as we're planning to do 3 or 4 big exits over the next 2 years.

JP Morgan probably knows the most (their MD really impressed our team). I'm also going to their healthcare conference in Jan. WOuld make them my #1. William Blair has been on a ridiculous amount of deals. They would be good.

BAML is probably solid (second busiest group in the bank) but personally I don't like them. They didn't know near as much as the guys above. Oppenheimer made great decks but the one guy I know that works there says they suck (not to mention it's a low tier bank) Aeris Partners is smaller but they really know their stuff RBC has a decent size group and a great deck but my team members who met them them said they weren't impressed I only know Barclays equity research guys, but they really impress me. I don't know anything about Jefferies.

I'm meeting with Credit Suisse soon too. Don't know much about them yet. Haven't met GS or MS but I'm sure they'er good.

Hope this helps.

Do you have any information on the JPM HC Conference? Is it open to students or just HC professionals.

Thanks so much!

Not open to students. Seconded that its the most important conference in the HC industry. Sometimes referred to as the H&Q conference colloquially. Big enough that it wouldn't be difficult to sneak in if you're so inclined... Just wear a suit and walk-in looking like you're carrying a heavy banker's box.

 

Agreed that overall JPM has the best HC group on the street, but also keep in mind that the size spectrum is wide for HC companies. You can see on that league table that some of the rankings shift dramatically if you were to sort by number of deals vs. size (Jeff goes closer to the top, Greenhill drops off).

Beyond generalizing who is the best overall in healthcare, there are some groups that are better in life sciences vs. med tech vs. HC services, etc.

 
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