Trending Content
+153 | Why are UK, UK based and UK-countries related (India, Nigeria...) students so cringe on LinkedIn? | 58 | 27m | |
+112 | Analysts bitching on WSO | 26 | 7h | |
+111 | How are women treated in IB? | 68 | 3s | |
+66 | College Transitions updated 2024 IB ranking | 24 | 3h | |
+65 | How to Not Feel Anxious About SA Internship | 24 | 1d | |
+53 | In denial about SA 2025 Offer | 12 | 1d | |
+51 | A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024) | 4 | 1h | |
+48 | Does my budget look right? Fresh grad | 28 | 1d | |
+43 | 5 days/wk | 19 | 4d | |
+34 | 2024 Analyst Bonus Thread | 18 | 5d |
Career Resources
Jefferies' Healthcare group in New York is highly regarded for its strong deal flow and robust performance, particularly in healthcare services M&A and biotech & biopharma practices. Here’s a detailed breakdown of the aspects you’re interested in:
Culture: - The culture within Jefferies Healthcare is generally positive, with a collaborative environment. However, it is known to be quite demanding (often described as a "sweatshop"), especially during peak periods like the COVID bull market which saw a surge in IPOs and follow-ons. - Seniors in the group are described as old-school and blue-blooded, maintaining high expectations but are balanced by a fratty and chill junior staff. This mix helps in managing the intense work environment.
Hours: - The hours are long and demanding, consistent with the group's high deal flow. This intensity is typical of investment banking but might be more pronounced here due to the volume and complexity of the deals.
Exit Opportunities: - Exit opportunities from Jefferies Healthcare are very strong. The group places well into private equity, including major funds (MFs) and upper-middle-market (UMM) and middle-market (MM) PE firms. Notable placements include Ares, TPG, and Carlyle. - The strong deal flow and rigorous work environment equip analysts with robust skills and experiences that are highly valued in the job market.
Comparison to BB/EBs: - In terms of deal flow and exit opportunities, Jefferies Healthcare is competitive with bulge bracket (BB) and elite boutique (EB) banks. It is particularly strong in its ECM practices, outperforming many other firms during the ECM craze. - While BBs might have a slight edge in overall brand prestige, Jefferies holds its own through its specialized strengths in healthcare M&A and ECM.
Strongest Verticals: - The strongest verticals within Jefferies Healthcare are its biotech & biopharma and healthcare services M&A. The biotech ECM practice has been notably high-performing, with significant activity in biotech IPOs and follow-ons.
Overall, Jefferies Healthcare in NY is a powerhouse, especially in its key areas of strength. The demanding environment is balanced by good culture and excellent exit opportunities, making it a worthy consideration for those looking to make a mark in healthcare investment banking.
Sources: Credit Suisse, Barclays, and Jefferies Healthcare, Jefferies SA 2023, Jefferies any good?
Also curious
bump
Incidunt praesentium delectus quae accusantium quasi non quis. Atque ea alias assumenda labore. A veniam dolores sed optio voluptatibus rerum excepturi. Blanditiis ab incidunt dolores. Qui inventore dolorem quibusdam dolor et quia. Non facilis qui aut quia.
Omnis similique ut nemo consequuntur illo tenetur eum. Ut repellendus quia nostrum in ea dolorum. Asperiores veniam quo sit sed incidunt velit distinctio tempore. Sapiente ad eum est eaque nulla atque et. Accusamus quae autem quia sunt incidunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...