Showing results:
Displaying 401 - 450 of 1,879
Prospective IB/PE, AFM Student
Hey all, Fairly new to this platform. Joined to learn more about the process of breaking into IB or PE in the future. I am an 18 year old student and am starting my undergrad in Honors Accounting and Financial Management at Waterloo this upcoming fall. I have been trying to research the best...
Cowen Exit Ops
Does anyone know what the exit ops look like for Cowen? Specifically in relation to PE and on-cycle/off-cycle recruiting. I don't want to be in IBD in the long-term, so I just want to know how soon I should start looking to transition away. Thanks!
ChatGPT Use Cases in PE
Any PE associates leveraging ChatGPT on a daily basis? What aspects of the job are you (partially) automating or leveraging ChatGPT / other generative AI software for? Assuming there are a lot of interesting use cases that could become the norm, especially as we develop a greater understanding of...
Insights on EQT, I Squared, and Antin in NY?
Insights on these firms to join for an infra PE position? Any reference regarding culture and work would be appreciated.
Holy Sh*t ... need help ASAP ... PE Associate interview coming up
Holy Sh*t guys, Help a fellow Monkey out. A little back story: Took the balls to straight up cold email this MM PE VP, asking for a quick chat over the phone. Just got done talking with this person. I straight up asked if they were interested in hiring a PE Associate after explaining my background,...
How does PE Case Study Interview for SA role work?
I'm currently recruiting for a summer 2024 internship for a PE megafund and was just invited to take a 3-hour case study interview (unproctored) this week. Was wondering what to expect from this? Would it be something like building the 3 financial statements? Or 3 statements + corresponding LBO...
Madison Dearborn
Anyone get the final round for MDP? Know they had inteviewd today and yesterday’s
Need help with my Micro PE Fund Project
Hey Everyone, I'm a 18 year old incoming freshman at Fordham University majoring in Finance and Alternative Investments. I would love to have some help with my Micro PE Fund (Name will not be disclosed for privacy reasons). Here are some positions I am currently looking for: A Compliance Partner A...
Mubadala interview
Hello, I have an upcoming interview for a Senior Associate level position at Mubadala, the SWF for Abu Dhabi, in the REal estate investment team. I am curious if to anyone here has been through the interview process with them, and call tell me more about their hiring process and interviews/ case...
Why do consultants (pre-MBA) move to PE? Help me think through exit
First of all I"m sorry if Im asking a basic question, I tried searching and didn't find anything. Im a second year post-undergrad role at MBB and Ive been getting a lot of outreach for PE, growth equity, VC. Ideally, my goal was to switch into tech but given the current environment that got shot....
Typical Carry split: Management vs Investing Team
Hey WSO, Had a quick question for those with carry. I work for a special sits credit / structured equity fund and was just allocated my first point of carry and noticed on the carry statement that the management team (CIO, and founding IC members) take 75% of the carry pool and the rest of the...
Software Due Diligence
Hi Monkeys, I have an upcoming case study with a tech fund focusing on software. For those with experience looking at software companies - what are typically the most important diligence considerations if you would / would not invest in the company? I appreciate customer cohorts (churn, retention...
Is there any reason to switch PE to HF now?
It seems like the PE world (purely from a wealth creation/job stability way) is far better than working in HF as all the top SMs are below HWM and the other option is to work at MM HF with a low chance of surviving/not being blown out in few years if you are on a PE associate role with clear line of...
Non-deal experience on resume?
Hello, I'm currently a first year analyst at a BB. Unfortunately on my live deals I have not gotten any much modelling experience, however, I did have a business development project that involved pretty intensive modelling (fulsome M&A and LBO model of a publicly traded company). Would it be ok to...
What IBD Industry Team for PE / Real Estate PE exit?
Hi all, I'm joining a BB bank and I am wondering which industry team is best to exit at a PE or Real Estate PE afterwards?
Carried interest agreement
Hey guys, I'm currently finalising my carry agreement with the firm and I'd just like to bounce the terms off the kind folks here and see if there's anything I'm missing or isn't market. It's a pretty simplified document (I'm not sure if this works against me), and currently the areas covered are:...
PE Technical Question
You are looking at a business with the following financials: Revenues of $150 Enterprise value of $300 Shares outstanding of 25 SG&A of 10% of Sales Depreciation expense of $15 Tax rate of 33% $100 of debt Gross margin of 20% $50 of cash Calculate the share price. Calculate the EV/EBITDA ratio....
NOT prepared for PE interview - HELP
About me - first year on the job, at top NYC group at BB. I've got an interview coming up next week, and I'm so underprepared. As in, I've done no technical preparation. I wasn't even sure if I would be doing off-cycle recruiting this year, but HR at an UMM PE firm scheduled an intro call with a few...
SC Holdings - Another Media Growth Firm?
Anyone heard of them? Looks like a relatively new growth/PE fund with very little info on them, but they've had some splashy investments alongside celebrities like LBJ and other sports big shots. Curious if anyone knows anything about them - seems like a pretty cool fund to watch.
Leaving banking in 1 year to join MM PE firm?
Hello, Currently 9 months into my banking stint, I recently received an offer to join an MM PE firm (recent fund around 1 billion dollars) as an analyst, with no guarantee of associate promotion. I'm leaning towards not taking it given that I'd be putting all my eggs in one basket (which would be...
JMI Equity Latest Perspective
Hi, wanted to get an updated perspective on JMI Equity from folks in the growth industry. Know they're more value-oriented growth investors but would be helpful to understand their reputation, WLB expectations, and overall experience. I'm considering them for a mid-level role
Texas Business Outlook (Austin, Dallas, Houston)
Equities in Dallas was long considered a joke, but the growth of Austin, Dallas, and Houston has me considering a move. Any monkeys have any takes on these Texas cities? Curious about the PE/VC landscape or just general business landscape as well as culture of the cities listed. It seems like Miami...
What's the future of private equity?
I know there's been massive inflows of capital into PE in the past decade, do you think that will keep up for the foreseeable future (10 yrs down the line) or have we hit peak demand for PE from institutional investors? If/when we reach peak demand, will that result in fee compression? What would...
What happens when a PE portfolio company goes bankrupt?
Does the PE firm just lose its initial equity investments/transaction costs/interest payments that it made so far etc.? Or does it have to play a part in repaying the debt?
Preferred Deal Terms / Structuring Practices
Hi, I have been learning about participating preferred stock in preparation for interviews. I am familiar with convertible preferred and participating preferred, but less familiar with "escalating participating preferred." Does this mean that the seniority of the participating preferred escalates by...
PE Infra recruiting steps? Help for someone new in the market
Hi, I am new in all the matters related to PE recruiting in the US. I would like some help with some questions. 1. When does the cycle for PE Infra starts? 2. How can I get in the process once it starts? 3. When should I start networking? 4. For MF, is it important to network, or do team members not...
Technical Questions - Renewable Project
For a renewable (solar) project that has a finite life (50 years, that is the useful life of assets), how does a PE firm determines the following: Entry multiples Exit multiples. Is there any consideration given the assets have a finite life? Entry multiple Exit multiple Is there any consideration...
What is going on with Catalyst Capital (Toronto, Distressed PE)?
Catalyst Capital was basically the only distressed fund in Canada that worked on legit deals (Cirque du Soleil bankruptcy), and was aggressive in fund raising but haven't raised a fund since 2015. An article from Buyouts Insider says faced a ton of litigation and pushed out their last fund by 1...
Origination Research Analyst
I have had a job role shared with me for an "Origination Research Analyst" for a growth PE fund, where my responsibilities are stated to include research in market activity, developing and conducting prospecting campaigns, identifying targets, monitoring of pipeline, nurturing relationships, and...
List of PE funds with offices in Europe
Title pretty much says it all. Does anybody know where it is possible to find a comprehensive and complete list of PE/Growth Equity funds that either are headquartered in Europe or have at least an office in the continent? I am trying to monitor the landscape also for middle-market funds which are a...
Silver Lake PE Case Competition
I think finalists were supposed to be announced today - anyone hear any updates? Also, curious what companies everyone pitched
Advice for IB Analyst II heading into PE?
WSO community - I am currently a 2nd year analyst at MM bank that recently accepted an offer to start at a PE fund this coming summer. While I am very excited to make this move, I am a bit worried about the transition / shift in responsibilities from an IB analyst to a PE associate. I believe I have...
IB Associate going to PE?
Hey all, Can an IB Associate (post-MBA) pivot into PE Infra in the US? Experience: 4 years of banking + MBA top 5 Business School in the US + Banking Associate in BB in the US. Thanks
PE Exits for Industrials in General?
Hey, Are exits strong/good for Industrials Groups? (I would like to know specifically about BofA, Citi, and GS). Thanks
Marlin PE - London
Curious on culture, returns, WLB
Top AM Firm Ghosted me After Signing FT Offer Contract (Summer Associate - FT Hire)
Hey everyone! I was hoping to get you input on a situation I have with the firm I interned in 2021. In summer 2021, I worked with an asset management firm (AUM over $2 trillion) as a summer associate and I was able to secure a FT offer with them. I ended up accepting the offer, but my graduation...
High Finance Outside of US
Recently came across an article stating this "No matter where you live, a finance career could earn multiples of the median household income in your country - although these numbers are much lower outside of the US." Does a career in high finance offer the same ROI in Canada (or elsewhere) as it...
PE or banking post MBA?
Hey, MBA student in a top 5 program in the US. Previous banking experience and looking to find a spot in infrastructure PE in the US. Is it possible to achieve this for the summer and full-time job?
Best time to go to a Family Office from PE
It seems as though for any PE investment professional, the though of joining a lean deal team at single family office (think $400m - $2B AUM) will inevitably come up as an option at some point. Assuming doing direct deals, fund investments and coinvest. Does anyone have thoughts on when the best...
Meeting Principal from PE Megafund - Advice
Hi, I'm a London based first year analyst at top BB name (GS/MS/JPM) in a coverage role meeting a principal from a PE megafund (say, KKR/Apollo/CVC/BX) through a personal connection - we both come from the same small country so that was made it happen. It's just for a coffee, but of course I want to...
Fulton Garrick Headhunter - London
Are these guys legit? Anyone have experience dealing with them?
Stonehill Business Services Inc.
We have a proven experience in private equity fund accounting and back-office administration.
MBB PE practice
Got an offer at an MBB and am considering aligning myself to the PE practice. Anyone in those teams elaborate what they do there?
Thoughts on GIC compensation and carry structure
I am evaluating a position as Associate in PE in GIC. On the compensation side, the fixed is comparable to the BBs, however, can anyone share some light on bonuses and participation in upside (carry or similar structure)?
Right of use asset & Net Debt Bridge
Should "right of use assets", be included in the net debt bridge? I know lease liabilities should be included, so was wondering if they are also included? Some help please
How To Go From $5M PE Fund to $25M?
Hi guys, I recently joined a solo entrepreneur that recently exited his prior company and netted a nice payday. We recently started a small PE fund with about $5M in capital, in addition to bootstrapping a few different start ups together. Our plan is to have these start ups grow over the next...
Most Common GE Questions
Seems like growth equity recruiting is starting shortly. Thought it would be interesting to hear from people on what are some of the most common GE interview questions that they received outside of the normal resume questions.
Cold Approach Frontier Market LMM Teams
I will keep this short. I am a 19 year old economics student, junior year. I have grown increasingly unsatisfied with the content that has been taught to me in college. I have great and specific ambitions for the future, and have realized that the skills college is giving me are not relevant to...
Accelmed Partners in Miami
Folks, Can we please share our thoughts about this fund in Miami? I would like to work with tech companies and I do not mind learning more about HealthTech space. I am not sure about the base / comp and culture at this fund so would love to hear from those who come before me. Thank you in advance!
Is MF PE Attainable
I'm a senior at an ND/Georgetown/UMich tier school going FT to a solid group at a mid level BB. Following up on the recent post here about paths to PE, I was wondering what the odds of getting looks will be for someone with good academics (3.95+ GPA, 1550+ SAT) but mediocre campus involvement. TLDR:...
or Want to Sign up with your social account?