PJT Partners is an advisory-focused investment bank headquartered in New York. The firm was created in October 2015 after Blackstone’s advisory businesses were spun off and combined with PJT Capital LP, a financial advisory firm founded by Paul J. Taubman in 2013. The new company began trading on the New York Stock Exchange under the symbol “PJT” on October 1, 2015.
PJT Partners operates through three main business units: strategic advisory, restructuring and special situations, and Park Hill. The strategic advisory group, led by several experienced advisors, advises companies and their boards as well as financial sponsors and governments across numerous industries and geographies. The group advises on M&A, capital markets advisory, spin-offs, private placements, structured products, and other transactions. Recent strategic advisory assignments include advising Yahoo on its sale of its operating business to Verizon, Comcast on its acquisition purchase of Dreamworks Animation, Lionsgate on its acquisition of Starz, and Blackstone on its sale of participation in German offshore windfarm.
The firm’s restructuring and special situations group is one of the most well known on Wall Street. Its services include advising companies, creditors, and financial sponsors on recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises, and distressed mergers and acquisitions. PJT Partners’ restructuring business was ranked No. 1 in the U.S. for completed restructuring deals for the first half of 2016. Recent restructuring and special situations clients include Algeco Scotsman, Arch Coal, Caesars, Energy Future Holdings, Energy XXI, Kenya Airways, Oi S.A., Samson Resources, iHeartMedia creditors, MBIA re: Puerto Rico, and Sports Authority creditors.
Park Hill provides global alternative asset advisory and fundraising services to private equity, real estate, and hedge funds. In addition, Park Hill provides secondary advisory services across all three verticals. Park Hill was ranked No. 1 by Preqin for the total capital raised by known funds in 2015.
PJT Partners employs approximately 410 people and is led by Paul J. Taubman, its chairman and CEO.
One Curzon Street
Phone: +44 (0) 203.650.1100
Employer Type: Public
Stock Symbol: PJT
Stock Exchange: NYSE
Chairman & CEO: Paul J. Taubman
2016 Employees (All Locations): 410