OverviewSuggest Edit

PJT Partners is an advisory-focused investment bank. It provides strategic advisory, restructuring, special situations and private fund advisory and placement services. The Company serves corporations, financial sponsors, institutional investors, and governments. It offers a range of financial advisory and transaction execution capability, including mergers and acquisitions, joint ventures, minority investments, asset swaps. The Company also specializes in recapitalizations, reorganizations, exchange offers, debt repurchases, capital raises.

TypePublic
Founded2014
HQNew York, US
Websitepjtpartners.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2019)678(+15%)
Job Openings22
Revenue (FY, 2019)$717.6 M(+24%)
Share Price (Sept 2020)$59
Cybersecurity ratingCMore

Key People/Management at PJT Partners

Paul J. Taubman

Paul J. Taubman

Chairman and Chief Executive Officer
Helen T. Meates

Helen T. Meates

Chief Financial Officer
James W. Cuminale

James W. Cuminale

General Counsel
Dennis S. Hersch

Dennis S. Hersch

Director
Emily K. Rafferty

Emily K. Rafferty

Director
Kenneth C. Whitney

Kenneth C. Whitney

Director
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PJT Partners Office Locations

PJT Partners has offices in New York, Boston, Chicago, San Francisco and in 2 other locations
New York, US (HQ)
280 Park Ave
Boston, US
53 State St
Chicago, US
200 W Madison St
San Francisco, US
101 California St, San Francisco
Madrid, ES
Paseo de la Castellana, 41
London, GB
Curzon St, Mayfair
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PJT Partners Financials and Metrics

PJT Partners Revenue

PJT Partners's revenue was reported to be $717.64 m in FY, 2019
USD

Revenue (Q2, 2020)

232.6m

Net income (Q2, 2020)

40.9m

Market capitalization (18-Sept-2020)

2.3b

Closing stock price (18-Sept-2020)

59.0

Cash (30-Jun-2020)

115.1m

EV

2.3b
PJT Partners's current market capitalization is $2.3 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

401.1m405.9m499.4m499.3m580.2m717.6m

Revenue growth, %

1%23%

R&D expense

7.6m8.9m10.8m12.5m13.4m

Operating expense total

15.2m33.7m29.8m33.2m39.8m
Quarterly
USDQ3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

147.3m115.3m89.3m121.3m121.0m109.3m78.5m134.0m130.7m140.1m128.1m166.7m174.2m200.2m232.6m

R&D expense

2.8m2.1m2.6m2.0m2.4m2.9m2.6m3.5m3.3m2.8m3.2m3.5m3.4m3.5m3.6m

Operating expense total

5.3m7.8m7.4m9.8m7.8m7.3m7.5m8.3m7.6m7.8m9.5m10.1m8.4m10.3m9.7m

Depreciation and amortization

2.1m2.0m2.0m2.0m2.1m2.3m3.6m3.6m3.5m3.8m3.7m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

7.6m(32.6m)42.6m63.8m

Depreciation and Amortization

14.9m8.1m10.0m14.5m

Accounts Payable

20.6m(240.0k)(322.0k)(1.6m)1.4m

Cash From Operating Activities

112.1m111.2m122.9m211.4m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

1.4m(3.3m)(13.6m)3.0m2.4m38.0k6.7m17.7m30.0m937.0k11.0m25.7m32.0m72.9m

Depreciation and Amortization

3.9m7.9m11.9m2.1m4.1m6.2m2.0m4.1m6.4m3.6m7.3m10.7m3.8m7.5m

Accounts Payable

12.6m4.6m(519.0k)(245.0k)1.1m5.5m6.8m3.1m1.9m(3.0m)(4.9m)(2.6m)(6.0m)(3.2m)

Cash From Operating Activities

10.8m30.4m97.0m(35.7m)(4.5m)71.1m(53.0m)20.2m118.3m(39.9m)23.2m87.0m(25.1m)122.2m
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PJT Partners Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Clients (Advisory Fees)

142 64 57 57 134 75 66 68 145 67 52

Clients (Placement Fees)

75 36 39 41 76 44 46 39 78 46 46

Partners

46 51
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PJT Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

PJT Partners Revenue Breakdown

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PJT Partners revenue breakdown by geographic segment: 93.1% from Domestic and 6.9% from International

PJT Partners Online and Social Media Presence

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PJT Partners News and Updates

PJT Partners signs deal with Dubai boutique deNovo target Middle East deals

PJT and deNovo will advise global firms looking to invest in the Middle East and North Africa region

PJT Partners Taps Dubai Boutique deNovo to Chase Mideast Deals

PJT Partners Taps Dubai Boutique deNovo to Chase Mideast Deals

Chile's Latam Airlines Group hires PJT Partners to restructure debt- report

Chile's Latam Airlines Group SA has hired U.S. investment boutique PJT Partners to explore debt restructuring options that may include bankruptcy protection filings in three countries, Brazilian newspaper O Estado de S. Paulo reported late on Monday.

UPDATE 1-Nasdaq, PJT Partners team up for private equity secondary venture

Investment bank PJT Partners and stock exchange operator Nasdaq Inc said on Tuesday they had agreed on a partnership to provide data and technology to the opaque market of selling interests in private equity funds.

Nasdaq, PJT Partners team up for private equity data venture

Investment bank PJT Partners and stock exchange operator Nasdaq Inc said on Tuesday they had agreed a partnership to provide data and technology to the opaque market of selling interests in private equity funds.

MOVES-JP Morgan banker Christoph Seidel to join PJT Partners -sources

JP Morgan's head of M&A and corporate finance in Germany and Austria, Christoph Seidel, is leaving the bank to join investment banking boutique PJT Partners, people close to the matter said on Friday.
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PJT Partners Frequently Asked Questions

  • When was PJT Partners founded?

    PJT Partners was founded in 2014.

  • Who are PJT Partners key executives?

    PJT Partners's key executives are Paul J. Taubman, Helen T. Meates and James W. Cuminale.

  • How many employees does PJT Partners have?

    PJT Partners has 678 employees.

  • What is PJT Partners revenue?

    Latest PJT Partners annual revenue is $717.6 m.

  • What is PJT Partners revenue per employee?

    Latest PJT Partners revenue per employee is $1.1 m.

  • Who are PJT Partners competitors?

    Competitors of PJT Partners include Houlihan Lokey, Komercni Banka and Akbank.

  • Where is PJT Partners headquarters?

    PJT Partners headquarters is located at 280 Park Ave, New York.

  • Where are PJT Partners offices?

    PJT Partners has offices in New York, Boston, Chicago, San Francisco and in 2 other locations.

  • How many offices does PJT Partners have?

    PJT Partners has 7 offices.