Summer Analyst Interview - Private Equity
At a very high level, I understand that it involves taking out a loan in order to cover the purchase of a company, then using the cash flow of the company to pay principal and interest on the loan until the company can eventually be sold at a profit.
I'm interested in it for numerous reasons. (Here I told what I had crafted of a story so far, it wasn't that good) and suggested that I liked the idea of having some skin in the game but also being able to learn the detailed company analysis that you do in banking.
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