Investment Banking

PJT Partners ups dealmaker pay 8% despite slowdown

The boutique had a record start to the year, but conditions were tougher in the second quarter

PJT Partners, founded by Paul Taubman, had a record start to the year followed by a tougher second quarter
PJT Partners, founded by Paul Taubman, had a record start to the year followed by a tougher second quarter Photo: PJT Partners

Boutique investment bank PJT Partners has increased pay for dealmakers this year even as larger rivals have started to scale back.

The investment bank started by ex-Morgan Stanley investment banker Paul Taubman in 2015 spent $309.8m on compensation during the first half of 2022, an increase of 8% on the same period last year.

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