DC Advisory Restructuring

Hey Monkeys,

What is DC Advisory's reputation in London for Restructuring? They've poached a lot of seniors from HL/PJT/Moelis and are always in Top 5 for market share in EMEA.

Not read much about DC RX on WSO so perhaps that answers my question, what's the reputation on the street?

 

Debtwire and Refinitive, but this was for 2022.

Do you know DC restructuring? Is it good?

 

They unwound restructuring in the US and have moved it all to EMEA out of London pretty much

 

Unsure on reputation but know that they've pivoted heavily in terms of hiring to Debt Advisory & Restructuring during the M&A downturn, probably leveraging PE connections to help restructure PortCos as they do most of their M&A work with PE companies

 

Comp v good but they’re struggling at this point to win mandates given their reputation. Made some big hires as you said but still aren’t winning jobs yet

 

OK thanks. Surprised at the comp, been reading a few posts that they pay below street. Sounds like if I can break into RX IB, then it's not a bad move. Waiting to hear back on a final round, their modeling test was the hardest I've come across, quite nuanced.

 

Definitely not a bad move and is a good way in to RX IB given they’re growing and hungry. Have a contact in the team who is associate 1, happy to put you in touch. Drop me a pm

 

Aut ipsam ea laboriosam quasi. Vero rerum voluptas cum id architecto quisquam et nam. Repellat omnis voluptas dolorum repudiandae. Reiciendis labore sunt voluptatum voluptatum ipsum ut laudantium et. Repellendus laborum est nemo commodi sit perspiciatis quas. Qui quaerat eaque beatae facilis ipsum molestiae.

Illum fugiat recusandae ratione minima beatae. A ea possimus aliquid recusandae. Quis quos velit cupiditate officiis sed asperiores. Nesciunt iure officia voluptatibus. Enim incidunt omnis quia est.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
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

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...”