restructuring
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Lazard sells the second opinion
It began by selling cloth. Now Lazard sells judgment on mergers, debt and investments. Its next bet is a $575 million expansion into private capital advice.
PJT Partners sells judgment. The bill is $1.71 billion.
A bank built around advice has found business in both dealmaking and distress. PJT Partners shows what happens when the people, rather than the balance sheet, become the product.
The Firm You Call When the Sentence Cannot Be Wrong
Kekst CNC sells something hard to put on a rate card: judgment when a company has one chance to explain itself. Its history begins with an accidental niche, a client the founder refused to defend, and a merger two decades in the making.
Teneo Built a Company for the Phone Call No CEO Wants
A communications boutique became a 1,800-person advisory machine by buying the specialists executives need when reputation, capital, risk and leadership collide. Its hardest assignment arrived when the crisis was its own.
The Bankruptcy Lawyer Who Learned That Silence Has a Balance Sheet
C Street began with a broad promise and found its edge in a very narrow room: the room where lawyers, lenders and nervous executives decide what everyone else will hear. Its rise is a case study in turning lived expertise into a category of one.
The Company That Gets Paid When Everyone Else Gives Up
Founded on the wreckage of a family business, Hilco Global built a $1 billion enterprise by answering one unglamorous question better than anyone: what is this stuff really worth?
The Firm That Buys Companies Nobody Wants - and a Football Club Everybody Watches
Clearlake turned a distressed-debt strategy into a $90 billion machine by fixing unglamorous companies - then bought a Premier League club to prove the point.
Jefferies
How a 1962 Los Angeles block-trading desk turned into the last independent full-service investment bank standing between the boutiques and the giants.
9fin
9fin is a London-based, AI-native intelligence platform for the global debt markets. Founded in 2016 by former banker Steven Hunter and former engineer Huss El-Sheikh, it uses machine learning to extract structured data from dense financial documents and pairs that data with news, analytics, and AI-powered workflows. Its platform covers leveraged loans, high-yield bonds, distressed debt, CLOs, private credit, and asset-based finance, and is used by investment banks, asset managers, hedge funds, law firms, and advisors. In March 2026 the company raised a $170M Series C at a $1.3 billion valuation.