Founder, Chairman & Chief Executive Officer, Pjt Partners
Search every verified Paul B.s. interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Paul Taubman, chairman and CEO of PJT Partners, has described the M&A environment as being in a "stuck" state, attributing the slowdown to the end of easy money conditions and a pullback by private equity firms. He stated in September 2024 that until interest rate cuts occur, it will be difficult to get the M&A marketplace moving, and he characterized the period as an "M&A recession" that will take a long time to recover from. Taubman also noted that private equity firms are "exquisite at controlling exit timings" and have long runways, which he said will contribute to a "very, very slow build back up" in deal activity. Despite the challenging near-term environment, Taubman has emphasized that PJT Partners is pursuing "quite significant" hiring, describing the slowdown as a conducive environment to recruit top talent due to lower switching costs for bankers. He reported that the firm has tripled its headcount and revenues over eight years, and stated that PJT Partners sees "tremendous opportunity to grow" as it remains a fraction of the size of larger competitors. In the third quarter of 2025, Taubman reported record results for the firm in terms of revenue, adjusted pre-tax income, and adjusted EPS.
“I think we're on the on the verge of a really big uptick in M&A. We came into 2024 thinking that the marketplace was way too optimistic about 24, that there were a number of planks that needed to be built. I think almost every one of those has been built. We've gotten through elections around the globe. We've seen rate...”
“Well, there's I'm not even sure where to start. So we can talk about tariffs. So there is what has been threatened. There's what may be negotiated away and there's what may ultimately be implemented. I think in many respects, this administration has to be highly strategic in their use of tariffs, and I think it's too s...”
“Clearly, there are real concerns with big tech. I think the way this election was debated on issues, inflation is a real issue there for retail, where the consumers feel that consolidation there is a big issue. So I think those two industries are going to continue to be in harms way, big tech and retail, and you need t...”
“We've had the punch bowl. We've had incredibly easy money conditions, zero interest rates. We've taken the punchbowl away and markets haven't fully adjusted.”
PJT Partners Inc PJT Q3 2025 Earnings Call --------- In this video, we'll cover the latest quarterly earnings results, key financial ...
PJT Partners Chief Executive Officer Paul Taubman says the firm has been hiring aggressively with a "big uptick" looming in mergers and acquisitions. The competitive environment under President-elect Donald Trump is looking more favorable, he tells Sonali Basak on "Bloomberg Open Interest." The Wall Street Beat newsletter is published Friday. 00:00 – Paul Taubman sees M&A on the verge of "a really big uptick” 02:58 – Taubman on capital opportunities outside of M&A 03:57 – PJT client concerns about policy in a second Donald Trump administration 07:17 – “All I see is growth” for PJT, says CEO T…
PJT Partners Chairman and CEO Paul Taubman says the M&A environment will be “stuck” until private equity begins to sell more ...
PJT Partners CEO Paul Taubman says the firm plans to continue its recent hiring spree, taking advantage of the slump in mergers ...
PJT Partners CEO Paul Taubman says the firm plans to continue its recent hiring spree, taking advantage of the slump in mergers ...
Jun.05 -- PJT Partners Inc. Chief Executive Officer Paul J. Taubman discusses the factors that are limiting merger and acquisition ...
PJT Partners CEO and Chairman Paul Taubman joins Wilfred Frost to give his take on the state of the economy. » Subscribe to ...
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