Top London EBs

What are the very-best London EBs for Private Equity exit opps. Are there are EBs that are as well-respected – by PE headhunters – as lower-ranking BBs (& which-specifically are the "low-ranking" BBs in London?)?

 

Can only speak for my fund, but priority for shortlisting candidates looks something like the below:

- GS / MS / JPM / Lazard

- BofA / Citi / Moelis / PWP / Centerview / Evercore

- CS / Barclays

The rest doesn't really get considered afaik

Edit: I see a lot of people are surprised with Lazard in that list. This is just what our HR team communicates to the HH. I didn’t work at Lazard, but at a US BB. For additional context, I am at a US MF that sources a lot of pipeline from those first 4

 

Must be US. Moelis / Centerview / Evercore / PWP are all pretty weak in Europe and Lazard places super bad into MF in Europe. 

 

It's also self selection because at a boutique, you realise that MF PE is just Banking 2.0 and is boring (at least that was the case for me).

Also the boutique classes are smaller (Lazard / Rothschild 30-40???, EVR is like 20, PJT / PWP 15??? CVP 6???) so the exits stats are skewed (sample size too small). 

I had a few interviews with MFs but most of them wanted people with European language skills which I didn't have (nor did I want to join them).

I ended up doing what I'm doing now because it is much more interesting + it is a new team within a large fund

 

Associate 2 in PE - LBOs:

Can only speak for my fund, but priority for shortlisting candidates looks something like the below:

- GS / MS / JPM / Lazard

- BofA / Citi / Moelis / PWP / Centerview / Evercore

- CS / Barclays

The rest doesn't really get considered afaik

OP, Lazard should not be here. This is completely incorrect.

 
Most Helpful

It's quite simple:

GS / MS / JPM are in a league of their own and completely dominate PE (and HF) recruiting. Every other firm here has materially worse exits and you will be fighting for scraps. Buyside recruiting is much smaller / less structured / more selective than the US, and firms can literally wait for years for the right candidate.

In my opinion, if you are not at one of those 3 banks, there is very little difference between the usual EB suspects (Laz, Roths, Evercore etc.) and the other BBs (Citi, Bofa, UBS etc.). Just take a look at team pages of MM and MF shops here, or Linkedin. If you are female then your chances improve dramatically. 

 

Agreed. You can land an interview from most BBs or EBs so it's not like you're screwed if you don't land GS / MS / JPM. Many funds have very aggressive quotas for women. Did an internship at a UMM fund and they had a quota that at least 75% of associate recruits needed to be women, but they wanted it to be even higher than that. As a woman, you can land an interview with any fund coming from pretty much any bank. While the bar will be set lower in the interview if you're a woman, you still need to perform during interviews.

 

This is just not true. In London if you’re coming from a MM or shitty boutique you will not get anywhere near MF/UMM PE. These days, there are plenty of women in the Top BB/EB to take up the spots.

 

Enim deleniti expedita et praesentium totam. Voluptas quo expedita qui. Quia enim commodi consequuntur officiis consequuntur necessitatibus. Dignissimos qui qui nostrum et.

Sit ducimus consequatur ratione reiciendis et. Blanditiis porro iusto fuga nisi consectetur necessitatibus placeat. Accusamus nemo doloribus quis voluptate sequi nihil quia.

 

Ab optio nisi accusantium ea. Dolorum voluptas molestias omnis. Cum maxime rerum itaque aut ex ea delectus voluptas. Labore animi ut omnis sed.

Consectetur dolores eius veritatis provident. Qui at autem fugit et cum. A eum et consectetur iusto. Soluta possimus qui dolores ducimus sint et mollitia. Repellat deserunt autem est velit iure tenetur. Aut eos consectetur labore deleniti.

Nemo facere non sit distinctio enim quae repellendus. Quo voluptatibus ab error ipsa delectus est. Consectetur ipsum iusto at fuga. Et blanditiis molestiae laborum doloribus quod qui quod.

Illum ratione qui quos omnis animi. Repellendus impedit ut voluptas qui porro voluptatem eum. Fugit officia quis corrupti aut iste aut.

Career Advancement Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

May 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

May 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $268
  • 1st Year Associate (389) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (316) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Jamoldo's picture
Jamoldo
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”