Citi is one of the global leaders in investment banking, with a strong presence across all sectors including healthcare. The healthcare investment banking division at Citi works with pharmaceutical, biotech, medical device and healthcare services companies to provide strategic advice and help them raise capital. With healthcare being a recession-proof industry and deal flow remaining robust even during downturns, healthcare investment banking offers promising career prospects at Citi. Citi healthcare investment bankers work on high-profile M&A, IPO and financing deals and get excellent deal exposure and exit opps to PE/HF/VC firms focused on healthcare.
Citi Healthcare IB Works on Large M&A and IPO Deals
Citi healthcare investment banking division has handled some of the biggest M&A and IPO deals in the healthcare space. For instance, Citi advised Teladoc on its $18.5 billion acquisition of Livongo in 2020, one of the largest digital health deals ever. Citi also led a $550 million IPO for Beam Therapeutics, a biotech focused on base editing. On the medical devices side, Citi advised Medtronic on its $1.7 billion acquisition of Medicrea. With steady deal flow, Citi healthcare bankers get to work on billion dollar M&A and IPO deals from early on in their careers.
Prestigious Healthcare PE/VC Firms Hire from Citi Healthcare IB
Citi healthcare investment banking is a major talent pipeline for top-tier private equity and venture capital firms focused on healthcare investing like General Atlantic, Warburg Pincus, Perceptive Advisors, Orbimed etc. Healthcare bankers from Citi get hired by these firms into investing roles given their expertise working with healthcare companies. Many Citi healthcare bankers also join growth stage biotech/healthtech startups taking them public or raising private capital.
Citi Healthcare Bankers Benefit from Large Alumni Network
As one of the most established investment banks on Wall Street, Citi healthcare investment banking group benefits from a vast global alumni network across healthcare companies, PE/VC firms and hedge funds. Citi healthcare alumni are found at senior levels across the industry and are valuable connections for winning deals and recruiting talent. The Citi healthcare IB division leverages this network to dominate healthcare M&A and equity financing.
Citi Healthcare Bankers Get Deep Domain Expertise
While bulge bracket banks cover all sectors, Citi has traditionally been strong in healthcare investment banking and developed deep domain expertise across pharma, biotech, medtech, healthcare services and digital health. Joining Citi healthcare IB allows bankers to specialize and become experts in healthcare instead of being generalists. Domain expertise is valued by healthcare clients and allows Citi bankers to differentiate themselves.
To summarize, healthcare investment banking at Citi offers the opportunity to work on large strategic and financing deals in an industry with stable long-term growth trends. Citi healthcare IB provides the platform to develop healthcare domain expertise early in your career while benefiting from vast alumni connections and exit options.