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 atwww.pjtpartners.com.

Program Description:

The Strategic Advisory group consists of 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.

This position is based in our San Francisco office and is part of our dedicated technology investment banking team. As the global hub for innovation and global technology leadership, San Francisco offers unparalleled exposure to dynamic companies across software, semiconductors, technology infrastructure, and other tech-enabled sectors.

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. Summer Associates will assume an integral role, with exposure to a full set of Associate responsibilities (as described below) often working directly with senior level bankers.

Role & Responsibilities:

Summer Associates will work on a wide range of transactions including sellsides, acquisitions, divestitures, joint ventures, recapitalizations, private placements and leveraged buyouts. Associates are expected to be involved with the development, structuring and financing of transactions and regularly attend client and internal meetings, negotiations and due diligence sessions. Summer Associate work will include:

Financial analysis and modeling
Drafting of client presentations
Preparation of memoranda for internal and external use
Conducting financial and other business-related research
Coordinating complex and often time-sensitive processes
Active involvement in client facing situations
Assistance in the execution of transactions

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 corporate finance

Requirements:

To be considered for the 2027 Summer Associate Program – Strategic Advisory opportunity based in San Francisco, 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 Requirement:

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, martial 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 Partners also complies with all applicable laws with regard to providing reasonable accommodation of disabilities to applicants. For more information or to request an accommodation, please contact Human Resources.

California Applicants: PJT Partners will consider for employment qualified applicants with arrest and/or conviction records in a manner consistent with applicable law including, but not limited to, the San Francisco Fair Chance Ordinance and/or Los Angeles Fair Chance Initiative for Hiring Ordinance.

https://pjtpartners.com/applicant-privacy-notice

About the company

PJT Partners provides global advisory services across strategic advisory, shareholder advisory, restructuring and special situations, and private fund advisory and fundraising. Its offerings guide clients through mergers and acquisitions, capital markets decisions, governance matters, and complex restructurings, with PJT Park Hill handling private fund and alternative-asset fundraising. The firm distinguishes itself with integrated services through its PJT Camberview shareholder engagement arm and Park Hill’s dedicated private equity, hedge fund, real estate and secondary advisory teams. Its goal is to help clients achieve strategic objectives, manage risk, and improve value through informed, practical guidance on complex financial transactions.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

New York City, New York

Founded

2015

Get referred to PJT Partners

See people who can refer or advise you

Simplify's Take

What believers are saying

KIC named PJT advisor in September 2026 on a $1 billion private-equity sale.
July 2026 revenue hit $486 million, with adjusted EPS rising 28% to $1.97.
Management expects restructuring demand to stay elevated through 2026, supporting continued backlog growth.

What critics are saying

Q2 2026 growth will moderate after 24% first-half revenue expansion, pressuring multiple expansion.
Helen Meates exits as CFO October 1, 2026, creating execution risk during record earnings.
PJT depends on volatile deal cycles; a M&A downturn quickly hits advisory revenue and bonuses.

What makes PJT Partners unique

PJT ranked first in 2026 global restructuring, with record announced and completed mandates.
Strategic Advisory posted record Q2 2026 revenue, driven by over 20% mandate growth.
Park Hill's Private Capital Solutions offsets weak fundraising, leveraging a global limited-partner network.

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Benefits

Performance Bonus
Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

1 year growth

2 year growth

CF News

Oct 14th, 2026

PJT Partners is recruiting.

PJT Partners is recruiting. By A-G.M. Published on Oct. 14, 2026 at 15:54, updated on Oct. 14, 2026 at 17:12 | 174 words The American investment bank welcomes a director... The American investment bank PJT Partners is expanding its ranks and welcomes Pierre Schoonbroodt as director. He comes from Messier & Associés, where he had been working since 2022. A graduate of (...) To access this article, the entire site as well as our databases, discover our subscription plans.

Bloomberg

Sep 29th, 2026

BP hires PJT Partners' Ben Monaghan as head of M&A

BP has hired Ben Monaghan from PJT Partners as its new head of mergers and acquisitions. Monaghan will take up the position in early 2027 as the energy company works to streamline its portfolio under chief executive officer Meg O'Neill. BP said Monaghan brings extensive experience in corporate finance, strategic advisory, and transaction work across the energy sector. The appointment comes as BP seeks to reverse years of underperformance. PJT Partners declined to comment on the move.

Caproasia

Sep 21st, 2026

South Korea $232 billion sovereign wealth fund Korea Investment Corporation (KIC) reviewing to sell $1 billion of Private Equity investments & appoints Blackstone spin-off United States boutique investment bank PJT Partners as investment advisor. Sep 21, 2026 21st September 2026 | Hong Kong South Korea sovereign wealth fund Korea Investment Corporation (KIC, $232 billion AUM) is reported to be reviewing to sell $1 billion of private equity investments, and appoints Blackstone spin-off United States boutique investment bank PJT Partners as investment advisor. In 2026 Q3, Korea Investment Corporation announced the launch of a new $13.6 billion (KRW 20 trillion) strategic investment account in 2027 for long-term investment & as anchor investor into new technologies & strategic industries (Include artificial intelligence, semiconductor & sectors for South Korea national security). South Korea dropped the plan to create a separate sovereign wealth fund, and is targeting to pass the revised Korea Investment Corporation Act by end-2026. In 2026 May, South Korea increased the size of the new sovereign wealth fund to $20 billion (KRW 30 trillion) from previous $13.5 billion (KRW 20 trillion) capital. In 2026 January, South Korea launched the new sovereign wealth fund with $13.5 billion (KRW 20 trillion) capital, which allows higher risk investments and M&A activities. The current sovereign wealth fund Korea Investment Corporation (KIC) with $206 billion AUM manages South Korea foreign reserves, and is not allowed to allocate to high risk investments or M&A activities. South Korea GDP at $1.8 trillion, and has 51 million population. In 2026 February, Korea Investment Corporation (KIC) reported $232 billion AUM & +13.91% return in 2025, +8.49% in 2024 & +11.6% in 2023. Annualized Return in Last 10 Years: Equities +12.01%, Fixed Income +1.48%, Private Equity +12.87%, Real Estate +3.94%, Infrastructure +10.91%, Hedge Funds +5.47%. Portfolio Allocation: Traditional Assets 78.1% & Alternatives 21.9%, Portfolio Breakdown: Equities 41.6%, Fixed Income 32.8%, Private Equity 7.6%, Real Estate 5%, Infrastructure 4.5%, Hedge Funds 2.6%, Private Debt 2%, Others 3.9%. In 2025 December, South Korea was reported to be launching a new sovereign wealth fund allowing higher risk investments and M&A activities. In 2025 July, Korea Investment Corporation (KIC) is reported to be increasing allocation to alternative assets, technology investments in China, AI & tech companies in both public markets and AI value chain. In 2025 March, Korea Investment Corporation (KIC) with $206 billion AUM reported +8.49% return in 2024, +11.6% in 2023 & +4.75% annualized return since inception in 2005. Equity +19.83%, Fixed Income -0.19%, and Portfolio Allocation is 78.1% in Traditional Assets & 21.9% in Alternatives 21.9%. In 2025 February, Korea Investment Corporation (KIC) is inviting tender applications to provide 3-year custodian services for global investments including custodial services, asset manager services, fund accounting & administration. The criteria include managing at least $10 trillion custodial assets and have an office in South Korea. The tender application will close on 20th March 2025. "South Korea $232 billion sovereign wealth fund Korea Investment Corporation (KIC) reviewing to sell $1 billion of Private Equity investments & appoints Blackstone spin-off United States boutique investment bank PJT Partners as investment advisor"

TradingPedia

Sep 10th, 2026

GE Aerospace strikes $11.75 billion CPP casting deal.

GE Aerospace strikes $11.75 billion CPP casting deal. Key moments. * GE Aerospace agreed to acquire Consolidated Precision Products for $11.75 billion from Warburg Pincus and Berkshire Partners. * The deal values CPP at about 18 times expected 2027 EBITDA including synergies, and about 26 times without synergies. * The transaction is expected to close in the second half of 2027 and to be accretive to adjusted EPS and free cash flow in the first year. Strategic move to expand casting capacity. Investing.com - GE Aerospace announced Tuesday that it has entered into a definitive agreement to acquire Consolidated Precision Products (CPP) from private equity owners Warburg Pincus and Berkshire Partners in a transaction valued at $11.75 billion. CPP is a supplier of engineered castings and sub-assemblies that serve both commercial aerospace and defense end markets. GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said the planned acquisition is intended to address the need for additional casting capacity to support demand across commercial engines, aftermarket activity, and defense programs. He indicated that pairing GE Aerospace's technology with CPP's manufacturing base is expected to increase capacity and accelerate the development of engine technologies. CPP's manufacturing footprint and capabilities. CPP, headquartered in Cleveland, Ohio, manufactures investment and precision sand castings used in commercial and military aircraft, weapon systems, jets, helicopters, and industrial gas turbines. Its portfolio spans complex super alloy, titanium, aluminum, magnesium, and steel cast components. The company employs approximately 6,600 people across more than 20 facilities. Founded in 1991, CPP is described as one of the world's largest producers of investment and precision sand castings. GE Aerospace has been a customer of CPP for more than fifteen years. Deal Valuation and financing structure. The agreement values CPP at approximately 18 times projected 2027 EBITDA when expected net synergies are included, and at approximately 26 times 2027 EBITDA excluding synergies. | Metric | Detail | | Total transaction value | $11.75 billion | | Valuation multiple (with synergies) | Approximately 18x 2027 EBITDA | | Valuation multiple (without synergies) | Approximately 26x 2027 EBITDA | | Cash financing | $7 billion | | Remaining consideration | Funded with new debt | GE Aerospace plans to fund $7 billion of the purchase price with cash, with the balance to be financed through new debt issuance. The company stated that the acquisition is expected to be accretive to adjusted earnings per share and free cash flow in the first year after closing. GE Aerospace also said that its capital allocation plans will remain unchanged as a result of the transaction. Closing timeline and advisory teams. The companies expect the transaction to close in the second half of 2027, subject to regulatory approvals and other customary closing conditions. Evercore and PJT Partners are acting as lead financial advisors to GE Aerospace. Morgan Stanley and Guggenheim Securities are advising CPP on the deal.

Yahoo Finance

Aug 21st, 2026

PJT Partners posts record Q2 revenues of $486M, beating estimates by 14.3%

PJT Partners reported record-breaking Q2 results, with revenues of $486.3 million, up 19.5% year on year and exceeding analysts' expectations by 14.3%. The advisory-focused investment bank, which was spun off from Blackstone in 2015, also beat EPS and EBITDA estimates. CEO Paul J. Taubman credited the company's decade-long commitment to value-enhancing investments in scaling its businesses, capabilities, footprint, and brand. He expressed confidence in future growth prospects. The investment banking and brokerage sector tracked 15 companies in Q2, which collectively beat revenue consensus estimates by 4.5%. However, the sector has declined on average, with share prices down 1.8% since earnings results. PJT's stock has risen 1.1% since reporting and currently trades at $170.69.

PJT Partners

Summer Associate Intern - Strategic Advisory

About the job