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TLDR

Maren Winnick, Senior MD at Evercore, shares insights on leadership and empowerment in biotech and healthcare investment banking. With over 20 years of experience, she highlights Evercore’s entrepreneurial culture and her journey from consulting to banking. Winnick emphasizes networking, mentorship, and stepping out of comfort zones for success. Despite being an introvert, she excels in client services and public speaking, advocating continuous learning and aligning with high achievers. Winnick’s story inspires aspiring bankers, emphasizing resilience and embracing change in the dynamic finance industry. 

Maren Winnick: A Leader in Biotech and Healthcare Investment Banking 

In the fast-paced and highly competitive world of investment banking, it’s rare to come across leaders who not only navigate the industry with finesse but also pave the way for the next generation with their insights and experiences. Maren Winnick, a Senior Managing Director at Evercore in New York, recently joined the Investment Bank and Leaders podcast to share her journey, strategies, and the nuances of excelling in biotech and healthcare investment banking. 

A Sea of Experience in Investment Banking 

Maren Winnick brings to the table a wealth of experience spanning over 20 years in the biotech and healthcare investment banking space. Before joining Evercore in 2017, Winnick made significant strides at notable institutions like the Monitor Group, Goldman Sachs (GS), and Moderna Therapeutics. At Evercore, she has not only contributed her expertise but also co-headed Evercore Women’s Network, focusing on networking, mentorship, and sponsorship opportunities for women in banking. 

The Evercore Edge 

Evercore, dubbed the largest independent investment bank, offers a blend of a small, entrepreneurial atmosphere coupled with the capabilities of a larger firm. 

Leading the Biotech Business 

Winnick, leading the biotech business within the healthcare group, discussed how Evercore’s roots in mergers and acquisitions (M&A) have expanded over time to encompass a wide range of services, including capital raising and advisory services. 

The Journey into Investment Banking 

Winnick describes herself as a career switcher who stumbled into investment banking. Originally planning to return to consulting post-Columbia Business School, she was persuaded by a professor to give banking a shot due to her knack for corporate finance. This advice led her to a successful stint at Goldman Sachs and eventually to her current role at Evercore. 

Networking and Mentorship 

A significant portion of the discussion highlighted the importance of networking, mentorship, and actively participating in industry events. 

Evercore Women’s Network 

Winnick emphasized the role of Evercore Women’s Network in providing a platform for women to connect and support each other. For Winnick, effective networking involves reaching out to colleagues across the organization, engaging with clients on a personal level, and constantly seeking to learn and grow. 

The Personal Side of a Powerhouse 

Winnick shared a surprising personal revelation: she is a natural introvert who has learned to adapt and thrive in extroverted settings. This transformation was crucial for her roles in client services and public speaking, demonstrating the importance of stepping out of one’s comfort zone. 

Words of Wisdom for Aspiring Investment Bankers 

For those aspiring to make their mark in investment banking, Winnick’s advice is twofold: focus on continuous learning and align with individuals who are excelling in their careers. She stresses the importance of seeing the long-term perspective in one’s career, encouraging upcoming professionals to stick through challenging times, especially those considering starting a family. 

Final Thoughts 

Maren Winnick’s journey through the trenches of investment banking showcases a blend of strategic acumen, relentless learning, and genuine commitment to mentorship. Her story is not just a beacon for women in investment banking but for anyone aspiring to carve out a successful path in this dynamic industry. Her enduring message? Embrace every learning opportunity, align with high achievers, and most importantly, give yourself the grace to navigate through life’s changes and challenges. 

Stay tuned for next week’s episode and check out last week’s with Armin Heuberger if you haven’t already!

The Investment Banking Leaders Podcast 

Hosted by Peter Nieberg 

Produced by Peter Nieberg and Brett Dayman 

Edited by Natalia Revere