Associate – Strategic Advisory (Infrastructure)

Overview

As an Associate on PJT Partners’ Infrastructure team in London, you support execution of large-scale infrastructure transactions and advise funds, corporates, and sponsors on M&A, capital raising and financing. You will build and review complex financial models, lead business plan and valuation workstreams, and prepare client-ready materials. You collaborate directly with Partners and MDs in lean deal teams, contributing to origination and client coverage. This role offers frontline client exposure and a clear path to leadership within a well-established infrastructure practice.

Responsibilities

• Run day-to-day transaction execution
• Build, review and own complex infrastructure operating and financial models
• Lead business plan and valuation workstreams, identifying drivers of value and risk
• Prepare deliverables (pitch books, information memoranda, management presentations)
• Assist clients in assessing strategic options (acquisitions, disposals, partnerships, minority stake sales)
• Engage with clients and counterparties in deal processes
• Contribute to business development with Partners and MDs (research, benchmarking, pitch prep)
• Supervise and train Analysts and Interns on modelling and materials

Key requirements

• Bachelor’s Degree
• 3-5 years investment banking experience with focus on M&A
• Deal experience advising infrastructure funds and/or corporates on buy-side and sell-side transactions (core to value-add)
• Strong hands-on experience building and reviewing complex infrastructure models (long-dated cash flow and returns)
• Experience on IPOs, continuation vehicles and/or financing transactions is a plus
• Professional maturity to interact with clients, drive execution and support origination
• Ability to manage multiple workstreams in a lean team
• Fluency in English; additional European language skills a plus

• Client engagement
• Analytical rigor
• Team leadership and mentoring
• Infrastructure financial modeling
• Valuation and scenario analysis
• Regulatory and contract risk assessment

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