PJT Partners
Independent global advisory firm serving companies, creditors, sponsors and investors on restructurings, special situations and strategic transactions.
- Highest 2026 tier: Tier I
- Global independent investment-banking advisory firm
- 3 Advisory Ranking categories
Overview
PJT Partners is an independent advisory firm formed in 2015. Its businesses include Restructuring & Special Situations, Strategic Advisory and Fund Advisory.
The restructuring practice advises on recapitalizations, liability management, financings, distressed M&A and complex negotiations. PJT also provides capital-markets and broader M&A advice, creating a cross-ranked profile within the supplied Advisory Ranking set.
PJT Partners is included in 3 2026 Advisory Ranking categories. The highest recorded classification is Tier I.
Firm facts
| Legal name | PJT Partners Inc. |
| Founded | 2015 |
| Firm type | Global independent investment-banking advisory firm |
| Principal offices | New York, Boston, Chicago, San Francisco, London, Paris, Frankfurt, Madrid, Hong Kong, Sydney |
| Primary focus | Restructuring, special situations and strategic advisory |
| Chairman and chief executive officer | Paul J. Taubman |
| Highest 2026 Advisory Ranking tier | Tier I |
Principal activities
Restructuring and special situations
Capital-structure advice, liability management and stakeholder negotiations.
Strategic advisory
M&A, divestitures and other board-level strategic transactions.
Capital solutions
Financing and capital-markets advice in stressed and non-stressed situations.
PJT Partners works with clients on assignments that may combine strategy, specialist analysis, implementation support and organizational adoption. The precise scope depends on the mandate, sector, geography and client requirements.
Sector and mandate coverage
Sector coverage
- Industrials
- Consumer and retail
- Healthcare
- Technology and media
- Energy
- Financial services
Mandate types
- Recapitalizations
- Liability management
- Distressed M&A
- Financings
- Creditor advisory
- Strategic M&A
Market position
PJT Partners is positioned as a global independent investment-banking advisory firm. Its market position reflects the combination of advisory scope, senior involvement, stakeholder credibility, restructuring experience and ability to support implementation.
Distinctive focus: Senior-led investment-banking advice spanning restructuring, capital markets and strategic transactions.
Competitive context
PJT Partners competes with restructuring boutiques, investment-banking advisers, turnaround consultants and multidisciplinary expert-services firms. The relevant peer set changes according to mandate size, stakeholder side, industry, geography and whether the work requires operating leadership, regulated securities activity or formal fiduciary appointments.
Comparable firms are selected according to overlap in business model, client segment, service coverage, geographic activity and mandate profile. Inclusion does not imply equivalence in scale, ranking or market position.
Leadership
| Person | Current position | Institutional background |
|---|---|---|
| Paul J. Taubman | Chairman and Chief Executive Officer | Firm strategy and executive leadership |
| Steve Zelin | Partner and Global Head, Restructuring & Special Situations | Global restructuring practice leadership |
| Josh Abramson | Partner, Restructuring & Special Situations | Company, sponsor and creditor-side advisory |
Leadership information reflects the public sources reviewed for this profile. View the firm’s website ↗
Corporate and regulatory information
PJT Partners Inc. is a publicly listed holding company. Investment-banking and securities activities are conducted through regulated subsidiaries and affiliates.
View registered-entity details
| Parent entity | PJT Partners Inc. |
| NYSE ticker | PJT |
| Regulatory status | Regulated operating subsidiaries |
| Primary jurisdiction | United States |
Principal offices
- New York
- Boston
- Chicago
- San Francisco
- London
- Paris
- Frankfurt
- Madrid
- Hong Kong
- Sydney
Rankings and recognition
Ranking inclusion is editorially determined. The existence or maintenance of a Wiki profile does not influence ranking eligibility, tier or position.
Related Economy analysis
Selected Economy Markets articles providing context for the firm’s advisory environment:
- Middle-Market Private Equity: Returns, Scale and Manager Selection
- Private Equity Technology Due Diligence in the AI Era
- The Silent Reshuffle of the Advisory Market
Related institutions and subjects
Sources and data transparency
The profile is based on the following publicly available institutional, regulatory and editorial sources:
- PJT Partners — firm overview and business lines.
- Strategic Advisory — strategic and financing-related services.
- Executive team — current leadership.
- Advisory Ranking — Top 30 Restructuring & Special Situations Advisory 2026 — inclusion and tier classification.
- Advisory Ranking — Top 30 Capital Markets Advisory 2026 — inclusion and tier classification.
- Advisory Ranking — Top 30 M&A Advisory Boutiques 2026 — inclusion and tier classification.
- Restructuring & Special Situations — practice scope and services.
- Team — current leadership and professional roles.
- Steve Zelin — global restructuring leadership.
