2027 Summer Associate - Strategic Advisory (Capital Markets)

Location: New York

PJT Partners is a global advisory-focused investment bank. Our team of senior professionals delivers a wide array of strategic advisory, shareholder advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments around the world. We offer a unique portfolio of advisory services designed to help our clients achieve their strategic objectives. We also provide, through PJT Park Hill, private fund advisory and fundraising services for alternative investment managers, including private equity funds, real estate funds and hedge funds.

From the beginning, PJT Partners has firmly believed that having the best people is key to building an enduring franchise. Our perspective was, and remains, that a great team brings in both top tier clients and appeals to a wide-range of diverse, talented colleagues. Fostering an inclusive culture, which welcomes differing perspectives and beliefs, enables us to provide the best advice and insights to our clients.

To learn more about PJT Partners, please visit our website at www.pjtpartners.com.

Program Description

This position is based in our New York office and is part of our dedicated Capital Markets Advisory team. Our Capital Markets Advisory Group provides equity and debt advisory services to a wide variety of clients, from multinational, public corporations to privately held companies either sponsor-backed or founder-owned. The Capital Markets Advisory team works in partnership with PJT Partners’ Strategic Advisory, Park Hill, Restructuring and Camberview teams.

This position sits within the Strategic Advisory Group, which is one of the most experienced investment banking teams in the industry, and has been involved in some of the largest, most complex transactions in recent years. Our global team focuses on a diverse set of industries, including financial institutions, healthcare, industrials, energy, power & utilities, real estate, gaming & lodging, consumer and retail, and technology, sports, media & telecommunications.

Upon completion of training, Summer Associates will have the opportunity to participate in all aspects of pitches and live transactions while being staffed on a number of assignments at once. Due to the relatively small size of the professional staff, a Summer Associate will assume an integral role on their deal teams, often working directly with senior level bankers.

Responsibilities

The Capital Markets Advisory team originates, structures, and executes financings across the private and public debt and equity markets for sponsor-backed, privately-owned, and public businesses across numerous industries. We have acted as a placement agent, an underwriter, and a strategic advisor on a wide array of financings. Summer Associates in Capital Markets participate in the origination and execution of all deal activity. Summer Associate work will include:

Developing general corporate finance and valuation skills relevant to raising capital, including financial modeling and analysis of capital structures

Drafting of client presentations

Preparation of debt and equity market updates

Conducting financial and other business-related research

Coordinating and helping manage complex and often time-sensitive capital raise processes

Facilitating due diligence and discussions with clients, legal counsel, investors, and advisors

Active involvement in live client facing situations

Assistance in the execution of transactions

Assistance in deal structuring (covenants, key terms, etc.) and term sheet negotiations

Ongoing investor relationship development and management

Constructing and managing internal deal and investor-related databases

Qualifications

PJT Partners seeks to hire individuals who are highly motivated, intelligent and have excellent academic, leadership and extracurricular records. In addition, qualified candidates will possess the following:

Outstanding qualitative, technical and analytical skills

Strong verbal and written communication skills

Aptitude to work collaboratively in a team environment

Robust organizational and time management skills

Strong work ethic and ability to work under pressure

Strong knowledge of accounting and finance

Requirements

To be considered for the 2027 Summer Associate – Capital Markets position, applicants must meet the following criteria:

Currently enrolled in an MBA program*

Anticipated graduation date: December 2027 – Spring 2028

Resume must include expected graduation month/year

Resume must be in PDF format

Completion of “Suited” Assessment. Please see below for more details.

• Undergraduates and experienced hires should refer to the Campus Analyst or Experienced Hire opportunities listed on our career site.

Suited Requirements

Complete the PJT Partners “Suited” Assessment. Please CLICK HERE to create an account. Suited is an A.I. powered assessment driven screening tool that uses assessments to holistically and objectively measure traits and characteristics that can be better predictors of success at PJT. Please ensure you use the same email address used for your PJT application when registering on Suited. Please complete each question through the end of the survey. A “Profile Complete” badge will appear once complete - there is no final “Submit” button.

Expected Annualized Base Salary of $225,000

PJT is an equal opportunity employer. We do not discriminate on the basis of, and will consider all qualified applicants for employment without regard to race, color, religious creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity expression, disability, medical condition, genetic information or predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other category protected by law. PJT Pa