The Wall Street Oasis Private Equity Hall of Fame provides a comprehensive collection of some of WSO's best discussions on the private equity industry. Keep in mind this Hall of Fame does not include Q&A sessions by WSO veterans. To view a full list of Q&A’s & Interviews please nav...
|0||2 months 1 week ago|
Anyone have a good go-to list for recruiters who focus on and/or have good relationships with VC firms and/or tech-focused PE firms? ...
|1||13 min 44 sec ago|
I saw a post on this years ago but can't seem to find it now. But does anyone know of VC funds that let people submit ideas and if the fund actually decides to use your idea, you get a ~3% finder's fee? I know a lot of VC funds let you submit a business idea but expect you to run the business. I am...
|3||5 hours 32 min ago|
How do you feel about online loaning markets people? do you think they are loyal or not? the rates are too high or not? let me know..https://moneybanker.com/ ...
|0||7 hours 47 min ago|
Main question: How can I do this? So, I made it to PE...but I want to be in tech, not oil and gas. When I was recruiting out of oil and gas IB, I was pretty much pigeonholed into energy as my only option, so logically I pursued what was the best way to get into PE. I've been an associate for a year ...
|6||15 hours 32 min ago|
Hi, is H/S/W to MF Credit (BX Tac Opps/GSO/KKR Credit/Apollo Credit etc.) an achievable goal in the US? I know they hire mostly laterals from LevFin/HY/Restructuring in London but then London has less of an MBA focus in general. Eg. when HBS jobs report mentions BX, is that only for LBO? or could be...
|5||15 hours 48 min ago|
I have an interview coming up with a co-investment fund. What is the best way to answer the "why do you want to work for us" question? I was thinking about saying something along the lines of co-investment model gives associates the chance to really learn about a company, build detailed financial mo...
|7||20 hours 12 min ago|
Does anyone have access to or know how I can obtain a list of Family Offices in the US? ...
|10||1 day 3 hours ago|
Hi, (1) When calculating %debt and %equity used in WACC, is it acceptable to discount "air money" assets from equity? For example; intangible assets, deferred tax, goodwill, etc (2) Let's say you perform a FCFF DCF valuation where capital structure goes from 90% debt 10% equity to 90% equity 10% de...
|0||1 day 3 hours ago|
Hi everybody, I may have an opportunity for a position with a small private equity firm. Here are some details about their investment criteria: - AUM: approx $350 - Dry powder approx $75 - ~10 active investments Besides these metrics, what are some other things I can search for that would help me ...
|5||1 day 5 hours ago|
Hey guys, Got asked this question recently. Why does EV vary from the sum obtained on the sources and uses table? ...
|2||2 days 3 hours ago|
Antares Capital (formerly GE Capital) - Can anyone tell me what compensation is like for an analyst? LIfestyle? Trajectory within the group? Exit ops? Thanks! ...
|12||4 days 3 hours ago|
Hi all, I was studying technical for the fall recruitment and had a question regarding the type of financing one would use for a LBO. I realize that it wouldn't be a LBO any more if one uses cash but the guide was asking why a PE firm would use leverage instead of cash in an LBO transaction. The ans...
|11||4 days 7 hours ago|
Quick background: Freshly minted double major Finance/International Business from a highly selective non-core school, 3.81 GPA, high involvement in school/fraternity/etc. Goal: Establish career in VC/PE + Top 20 MBA (preferably as an expat) I recently was faced with the option to move from the State...
|0||4 days 10 hours ago|
Has anyone seen a good study, article, or paper on historical distribution of ROI achieved by private equity funds? I've just recently found myself doubting that the average PE firm hits their stated "2.0x & 25%" return goals...but I want the data to substantiate that idea. I found a Goldman Sa...
|6||4 days 15 hours ago|
If this is on the wrong forum, let me know where to post. I am new here. I read a lot on here about name brand schools, and I am wondering if the (undergrad) schools I am looking at are good for my end goal: working in PE/VC. Washington University in St. Louis, Babson, Umich, UofT austin, and Wake F...
|8||5 days 25 min ago|
Anyone taken the GoBuyside aptitude test? What's been your experience with it? ...
|24||5 days 3 hours ago|
The companies most intriguing to venture capitalists are companies with potential to disrupt old existing industries. Uber and Airbnb famously disrupted transportation and hospitality respectively. As many industries find themselves staring at either internal innovation or death by disruption, it mi...
|0||6 days 3 hours ago|
Hi fellow monkeys (and humans) - what's a good source (website / book) to get a hold of examples of LBO paper model type questions asked of candidates in interviews? A forum for lbo models was created earlier, with the view point of helping candidates, however, there was no response. Any help would ...
|14||6 days 6 hours ago|
Many people these days talk about diversification in their portfolios. Stocks, bonds, ETFs, cash and commodities. However, not many people are talking about including REITs into their mix of holdings. " In a long overdue move, MSCI and S&P will begin categorizing REITs as their own sector of th...
|1||1 week 7 hours ago|
I would greatly appreciate if one of you monkeys would run a query on your terminal, export to excel, and post on box or dropbox. Query parameters something along the lines of: Title: Search Investors By Location Screen Focus: Private Equity/Venture Capital Screen Parameters P1 "Investor Location: I...
|8||1 week 7 hours ago|
Hi Monkeys, I will have the Silver Lake analyst (out of graduate) recruitment process in early August and they told me I will have to go through 2 tests before the AC: - 1 LBO case - 1 Accounting case Did somebody already go through this? What should I expect (particularly for the accounting case)? ...
|4||1 week 8 hours ago|
Hi all I am preparing for PE recruiting process, so I recently purchased PE guide package of WSO which includes LBO modelling cases. (I would apply to other areas) Now, I am considering purchasing financial modelling program of WSO as well which includes DCF, M&A, F/S and etc cases as well. Woul...
|0||1 week 17 hours ago|
I have a bunch of stuff going on with Starwood Capital in July and was wondering if anyone could shed some light on their fund quality and their reputation in the PE/REPE space. Was specifically curious as to what the mix of real estate work and non-RE would be, and how they compare to the MF RE pro...
|3||1 week 1 day ago|
Hey guys, I just recently accepted an offer in the SF bay area with a BB for banking in tech. Just wanted to get your thoughts on what the exit opps are like on the west coast for tech.... It seems like in NY, 1st years are approached like 6 months into the job by headhunters and can secure an offe...
|20||1 week 2 days ago|
Hello Everybody, I am a few years into my stint with BIG 4 TS group in a large SE market. I am at the point in my career here where I feel as if I need to make a move. My question for the group is: What would you do if you were me? Try to break into some form of banking (corporate, IB, etc.), go ...
|12||1 week 2 days ago|
I just got placed on a project where I am asked to find some way to value unicorns, specifically find some connection quantitatively why some Unicorns do better than others when they IPO. ...
|10||1 week 2 days ago|
So I got this random CIM. Have to evaluate the investment. My thought process is to do a DCF to get value then LBO and calc returns. Is this the right approach? Also: I know cost of equity is 20% for a sponsor, but what about cost of debt? Anyone who works in the industry or currently in a sponsors...
|0||1 week 2 days ago|
Bit of a long shot but does anyone have an example model they could share which calculates the returns on / values a portfolio of loans? I'm interviewing with a credit fund and the next stage is a 45 minute modeling test focused on calculating the returns on a loan portfolio. They give you a pre-bui...
|0||1 week 2 days ago|
I'm an incoming private equity associate moving to Boston, looking for roommates. Please message me if interested. Looking for someone with similar interests, will be moving in late August. ...
|0||1 week 3 days ago|
Currently at a REPE @ 13.50/hr and the offer at the VC is 10/hr. REPE summary= 200-300mm with new funding round under way. Have been apart of deals from initial analysis to DD with 3 currently in DD. VC summary= Seed Capital for mostly prerev, 10-20 mm fund size. Not nearly as much modeling. End go...
|7||1 week 4 days ago|
Big Announcement: WSO Private Equity Official Resume Template for Experienced Professionals with Deal Experience is Now Public!: Click here for the free investment banking resume template for college students. For those of you with deal or project experience coming from Investment Banking or Man...
|23||1 week 4 days ago|
Anyone know any services? Have an interview coming up in a week and need to prep intensively in person ideally. I have the technical stuff all nailed down just need to practice in a live format. Thanks! ...
|0||1 week 4 days ago|
My background: I graduated from top 15 U.S. university in spring 2015 and began my career as an analyst at [think Deloitte S&O / Accenture Strategy] in fall 2015. I've had a positive experience thus far at the consulting firm and could see myself staying there for a few more years, going to busi...
|1||1 week 4 days ago|
What sort of exit opportunities exist in Toronto after a two year analyst stint. I am aware that many PE or hedge fund jobs exist in the US, but I can't find any recent information on Canada. Are the opportunities similar? Thanks, ...
|38||1 week 4 days ago|
CFA L3 candidate, seven years of diverse finance experience but none in sell side banking. Long term objective is buy side, preferably PE, but will always keep my eyes open for opps in public company buy side. I have been going through the process of searching for a new gig for a few months. I focus...
|2||1 week 4 days ago|
So I recently had an interview with a small VC firm in my city for the position Market Research Analyst Intern. They focus on financing small health and wellness companies. I managed to impress the firm enough to where they gave me the opportunity to do a trial project for them. I am supposed to do ...
|3||1 week 4 days ago|
First off, I want to thank all of you for providing me with a plethora amount of responses and discussions to read and learn from. A little about myself, I am 21 years old, MBA Candidate at a NY school. I am very familiar with my schools area and the current off campus housing situation. I am a valu...
|1||1 week 4 days ago|
|30||1 week 5 days ago|
The webinar for this case is TODAY, July 6th, at 5:00pm EDT. If you miss it, it will be replayed for free on the homepage on August 6th Even though recruiting season is not necessarily around the corner, I thought I'd share the below with the community. If anyone has a case study/modelling test comi...
|43||1 week 5 days ago|
I applied to CoBe Capital. Not much information about them other than its website and a few glassdoor posts. Does anyone have any insights into the firm? ...
|3||1 week 5 days ago|
Hello all, I'm a recent business school graduate from a Top 25 public university that is currently working as a consultant for a PE/VC software firm based out of Miami, FL. My clients consist of many heavy hitters in the industry with AUM ranging from $100 million to $10 billion and I consult them o...
|0||1 week 6 days ago|
I was wondering if anyone has any info on Partners Group or has interviewed with the company in any capacity. Interviewed for their undergrad program. Wondering if anyone else did as well? ...
|0||1 week 6 days ago|
Hi, Mezzanine debt on the following terms: - bullet, principal accruing. - payment date: 100% on exit, when the company is sold. - payment method: in shares, with share price equal to the valuation at the sale of the company. - is this legally possible and/or common? My doubt is specifically regardi...
|8||1 week 6 days ago|
Hi fellow monkeys, As some of you may recall, I originally posted a discussion back in 2012 requesting advice on how to best go about utilizing my alumni network to land a job in the investment industry. The discussion took a bit of detour as we discussed my strategy of walking in to offices and req...
|0||1 week 6 days ago|
Anyone on here interview with ABRY ~1.5 weeks ago? Have you heard from recruiter or directly from ABRY? ...
|0||1 week 6 days ago|
I am currently interviewing for an assistant BD role out of undergrad. The firm has ~1 B AUM. The position would of course be more heavily weighted on calls than actual analysis, a bit of a shift from jobs I'd been pursuing (ER, Prop Trading, Consulting). However, from what I have read about busines...
|5||2 weeks 5 hours ago|
Hey guys, So I recently made a (late) change to pursue an investment banking career. I started cold emailing alumni to network for a junior year summer analyst position. I had been reaching out to guys that worked in IB divisions at various banks, but recently I accidentally emailed a guy that wor...
|0||2 weeks 16 hours ago|
Hi all, so I recently joined as the first analyst at a truly start up (I'm the fourth person) PE firm. We do LBOs of companies around 10-25m dollars and we do somewhere around 8-10 deals a year. I'm not making much money at all especially for working 12 hour days. I assumed I'd take a pay cut (subs...
|1||2 weeks 18 hours ago|
I recently finished my first year at a no name boutique IB and have started to look into moving into PE. My current shop focuses on lower MM M&A in consumer goods and is in a major southeastern city (Atlanta, Charlotte, etc.). I was wondering if anyone here has successfully transitioned from a ...
|3||2 weeks 22 hours ago|
Hi, I'm from India but have completed my education in a well known Big Ten School in Material Science & Engineering. My GPA sucks though - 2.9 - Top MBA dream killer. I completed CFA, FRM & CAIA exams and I am currently working directly in a US based PE firm in India (no-name PE but owned by...
|2||2 weeks 1 day ago|
Hey all. I've secured a VC internship in my penultimate year at university. I love the firm and the work they do, as they seem to be an interesting mix between VC/growth equity/PE, and I can see myself working in a place like this for a long time (provided I'm given the chance). However, I still enj...
|1||2 weeks 2 days ago|
There really isn't much on this site (or really anywhere) regarding private equity business development / deal origination professionals. I know that in Growth Equity, demand for these types of positions is growing as the market space gets crowded. I have an internship this summer for this position....
|3||2 weeks 3 days ago|
Anybody have any insights/updates on Ron Burkle's LA-based private equity funds? I haven't seen these guys do much recently. ...
|3||2 weeks 4 days ago|
Here is a rough explanation ...
|23||2 weeks 5 days ago|
Hello. I just graduated from college, and currently have an offer working as an Investment Analyst at a single family office (think one of the richest families in Asia). Should I accept the offer or should I shop around? What will my career prospects be like if I take on this offer? Thank you! Great...
|2||2 weeks 5 days ago|
Hi guys, My name's David. I graduated from CUNY with a 3.7 in Finance this past December and have been operating an online retail business for the past 8 months. The business has accumulated over $125,000 in sales since it's launch. My partner and I have decided to take stable approaches career-wise...
|0||2 weeks 6 days ago|
Hello guys, i'm finishing my master in finance and i'm looking for an internship into Private equity in Italy. I would prepare a short research to hand over during the interviews. Anyone with experience, could suggest me a topic that might interest and gain attention from the Managing Director of ...
|1||2 weeks 6 days ago|
With the deal being valued at $3.3 billion, KKR plans to acquire Epicor from Apax Partners. Tech LBOs are gaining traction these days. In fact, LBOs are most prevalent among tech transactions. What do you make of the deal and what the high frequency of tech LBOs means? KKR Deal to Buy Epicor from A...
|1||2 weeks 6 days ago|
|0||3 weeks 1 hour ago|
I have to take an assessment test from Prudential. It says do no prepare and answer honestly. Is this just a behavior/personality test? If so anyone have any Idea what kind of questions they ask? I have an OCR interview with them soon. ...
|44||3 weeks 6 hours ago|
Looking to find out where land options are on a homebuilder's balance sheet for companies such as NVR, DHI or TOL. How do these homebuilder companies typically raise debt or equity? How do they determine the right capital structure of debt to equity? ...
|0||3 weeks 18 hours ago|
Does anyone have an old VC investment Memo, or a template of one that they would be willing to share? I'm looking to get a better understanding of how they're structured and maybe try to put together a few of my own. I've already exhausted google searches and wanted to get some insight from the WSO ...
|1||3 weeks 4 days ago|
A few weeks ago, I shut down my ThinkPad for the last time, turned in my security badge, and said farewell to my colleagues - and to PE and private equity interviews. I found myself in a position in which many private equity associates find themselves every summer: thanked for my efforts, praised f...
|81||3 weeks 4 days ago|
Hi everyone, do you have any books to recommend on structuring within the private equity space? Thank you. ...
|2||3 weeks 5 days ago|
So I managed to land a PE internship this summer at a boutique shop. We've been working on one deal in the Lower Middle market. I've also worked on an equity financing raise ( they also do some IB stuff). They have let me get pretty involved in the deals. GPA is 3.7 Cumulative, 3.8 Major from a ~top...
|10||3 weeks 5 days ago|
I am having dinner with Leon Black and Carl Icahn (among others) and am looking for talking points. ...
Dinner Guest 101
|3||3 weeks 5 days ago|
Hello, One of the head hunters contacted me for a BD associate opportunity in a small regional PE shop. I have background in technology and management consulting and also have an MBA. I actually have never seriously thought of working in PE before since I am focused in management consulting. This...
|2||3 weeks 6 days ago|
Family friend can help get me into a top 5 PE Firm. For career purposes whats better experience IB or PE after grad? Low GPA, Good internship experience, State School. ...
|3||4 weeks 2 hours ago|
Hi everyone, I'm having coffee with a headhunter soon (a meet and greet - not looking to transfer at present) and wanted some advice. I've heard people say that you need to have a very good idea of what sort of fund you want to work at before these meetings. However, I'm facing two problems with thi...
|0||4 weeks 17 hours ago|
As a way to give back to the community I decided to give a quick rundown of what I have been doing in my PE internship this summer. Being an undergrad, and seeing PE from the inside is definitely insightful. Everyone's internship will vary, but this is how mine is structured: Administrative work Exa...
|3||4 weeks 1 day ago|
I have just started my stint as an analyst at a 10-15 man boutique. Our firm usually operates in the lower middle market, assisting high growth companies with financing. We focus on private placements, pipes, and some M&A. My question is: should I stay at this boutique for 2 years, then try to ...
|1||1 month 1 hour ago|
How do exit opps from BB and EB compare generally? Especially interested in: PJT/Moelis/Centerview M&A/restructuring, top BBs top groups (MS M&A, GS TMT, etc.), top BBs other groups, non-top BBs top groups, non-top BBs non-top groups Or does exit opps depend heavily on the individuals (e.g.,...
|8||1 month 3 hours ago|
Alrighty, this should be interesting. First off I'll point out that I posted this in the PE section because there isn't any real VC forum on this site. Here we go: I have a super day with a well known VC Firm that heavily focuses on the patent industry (one of the largest patent holders in the count...
|1||1 month 1 day ago|
I am about 3 weeks removed from receiving three PE offers (from MFs and top MM firms), both elated and relieved to be done with such a crazy process. I saw that another user commented saying he'd do a write-up about his experience going through the recruiting process and figured I'd wait to write up...
|108||1 month 2 days ago|
Hi guys, I understand that this topic has been discussed to an extent, but I'm searching for the most up to date information. I was fortunate enough to receive an offer from GS IBD SA, and would appreciate your insights on the following points so that I can make a decision. 1. GS has a new policy ba...
|20||1 month 2 days ago|
Hi all- I wanted to start out by saying thanks for all the information made available on the website- has been very helpful thus far. I'm a current law student at a T10 school and have recently decided that law is not for me. I would eventually like to end up in PE, but obviously have some very lar...
|10||1 month 3 days ago|
Hello everyone, I have followed WSO for quite some time now. I was offered an internship role for a new up and coming PE shop (2 man team so far, I will be the 3rd) that is classified as being a, "Finder fee," shop. Basically we look for companies our investors (other PE groups/investors) are inte...
|6||1 month 3 days ago|
Have you guys heard about which buyside firms this year's analysts (ones that started in 2015) are going? Curious to hear if which firms they are getting interviews at too. I know it hasn't been that great the past couple of years, but hoping it might have gotten better this year as I might lateral....
|0||1 month 3 days ago|
I have a final round interview for a PE secondary advisory shop. They informed me that I will have a case study including "some basic analysis in excel and prepare a few slides on powerpoint to present your [my] findings". Does anyone have experience with a secondary case study/modeling test? Will t...
|4||1 month 3 days ago|
I run a listed company on Nasdaq, I recently receive a contract from a private equity firm in regards to their interest investing in my company. I would like to have your help in reviewing some of the salient terms such as: (a) At any time, the company may, in its sole discretion, issue a "Share pla...
|0||1 month 4 days ago|
Hey guys, Would appreciate some advice from the awesome community here. I'm headed to Darden MBA this year and am trying to determine whether it makes sense to try and recruit for PE straight out of school. My background: -H/Y/P 2011 undergrad (non-business major) -Worked in academic research then ...
|4||1 month 4 days ago|
Hi, has anyone ever heard of Columbia Investment Partners? I have a phone interview lined up with them and I'm not certain about their interview process. Additionally, how should I talk about a real estate investment opportunity intelligently? I can pitch a stock and talk about my transaction experi...
|0||1 month 4 days ago|
deleted post zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzz ...
|0||1 month 4 days ago|
The title says it all. I am currently working as an investment analyst 2nd year in NYC and about to go back to Europe (London) because of Visa-related issues... I am going to interview for 8-10 funds but I want to make sure I can sell my PE experience even though I did not close any deals while I wa...
|1||1 month 6 days ago|
Hi all Due to lack of experience, I need some opinions.. -Situation: Thanks to my friend, I got a chance to be referred to some position at SWF. After a talk on the phone with an employee about JD, I sent my resume. The employee told me that HR would shortly contact me to set up a voice chat. It was...
|0||1 month 6 days ago|
Hey folks, I'm an undergraduate in Singapore. Was offered an internship (research and due diligence) at a PE FoF with a considerable global AUM but less so in Asia. The firm plans to expand so I reckon if I perform well my chances of a full-time conversion is rather high. I do not have other interns...
|6||1 month 6 days ago|
I was just wondering how possible everyone thinks this is. I know it's tough to get back into PE at the Senior Associate level, especially from banking, but wouldn't the prior buy side experience be helpful in doing so? Also, for someone in this position what would your recommendation be aside fro...
|4||1 month 6 days ago|
As I mentioned in a previous thread ("How to Make VP in Private Equity"), a couple years ago I said goodbye to the private equity industry and decided to try my luck in the tech industry. Not as a VC associate. Not as an "entrepreneur". As a programmer. Yep, you read that right. After thinking ...
|40||1 month 6 days ago|
How is Search Fund internship experience looked by Investment banks and Private equity firms? I have work on a few lbo models, build three statement models, work with brokers for finding deals and evaluating CIMs. ...
|9||1 month 1 week ago|
I've been looking into a lot of the BB PE firms like TPG, Silverlake, KKR and Blackstone and I was wondering how they differ in terms of investment strategy? I know some PE firms like to focus on the financing arm when taking over a company while others focus more on improving the operations of the...
|19||1 month 1 week ago|
Currently a rising sophomore at a target school. Networking hard for opportunities next summer. End goal is to be in Private Equity. I've read many of the posts on WSO, but want to hear a perspective on this. _______________________ 1. Has anyone heard of HandsOn3 (now known as HGM- Hands On Global ...
|0||1 month 1 week ago|
Does anyone have any information on Baird Venture Partners? Firm culture, hours, pay, stability? Any information at all would be invaluable. Thanks! ...
|2||1 month 1 week ago|
First of all, the good news. I've found what makes me jump out of bed in the morning. Making a difference in the work I do, using data, coming up with cool ideas, proving them (or working on someone elses), being rewarded based on my own outputs and seeing others profit from my own work. I've learne...
|1||1 month 1 week ago|
I know the turnaround is within the day for superday PE interview. Any idea for off-cycle recruiting? ...
|2||1 month 1 week ago|
I am dead set on VC. With that said, if I land a position at MBB or even a Tier-2 consulting firm, what are my odds at VC? Is IBD favored much more over VC? What are other typical exit opps for MBB/Tier2 besides IBD/Pe/Vc? Thanks all. ...
|0||1 month 1 week ago|
Hello all... I recently finished an interview with a family office and I sent a thanks notes to the founder of the fund post all rounds last night. This morning, however, when I read the note again on my mobile device, I saw noticeable inconsistency in font sizes among a few sentences. Did I just sc...
|7||1 month 1 week ago|
Hey Everyone, Long time lurker/poster - but had to create a new profile as my old one gave away a bit too much information related to where I'm at currently. Essentially, I just finished my first year at a MM bank on the west coast in an industry group (firm is split by industry) and am at a complet...
|0||1 month 1 week ago|
Anyone taken the ABRY modeling test and have any advice/info on what it was like? Any help would be much appreciated, thanks! ...
|0||1 month 1 week ago|
I brought a very interesting and lucrative opportunity for our firm to JV with a start-up without our firm having to put up any cash. Should I ask for equity? I am a VP and I brought the connection to the group. The start-up initially asked if I wanted to personally have the entire 50% stake to help...
|3||1 month 1 week ago|