Healthcare Investment Banking / PE

Hi, I’m an incoming IBD SA in London. I’m really interested in healthcare investment banking / private equity and was hoping to learn more about the industry.

What are the best teams for healthcare coverage in London? Any advice for those looking to build a career in healthcare IB and ideally exiting to healthcare private equity?

Any general comments welcomed also!

 

Intern in IB-M&A:

JP, Jefferies, Rothschild (more focused on MM),  Citi slowly climbing up after getting the JP MD. PJT, Evercore. Think BofA more US focused? 




Is Jefferies not MM too?

 

Yes, but they have a strong HC team that does UMM/Large cap

 

Evercore healthcare mostly focused on US but still a few large-cap deals in Europe. Doesn't really matter regardless since global pnl is shared so arguably one of the best groups to land in London considering it's practically an arm of evercore nyc.

 

Analyst 2 in IB-M&A:

Evercore healthcare mostly focused on US but still a few large-cap deals in Europe. Doesn't really matter regardless since global pnl is shared so arguably one of the best groups to land in London considering it's practically an arm of evercore nyc.


Will London analysts also be staffed on US deals?

 

EVR HC not really HC, more pure Biopharma, but does a ton of large cap in the space. 

Jeffs sweatshop central, but undeniably a top dog in the HC space in LDN. Tommy Erdei is a serious rainmaker.

 

Dolor ab laudantium ut assumenda ea expedita natus dolores. Porro voluptas soluta ratione quis. Sed incidunt velit inventore.

Ut sint nihil placeat exercitationem. Reprehenderit aut rem reprehenderit in voluptatem aspernatur magni. Expedita sed dignissimos id dolor aut officia.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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...”