How to kick-ass as a PE associate
As stated in the title
im two months into the job, wanna make the most of my tewo years and make sure i have the option to come back post b-school
what do i need to know & what do i need to do?
Trending Content
| +39 | Which PE firms are on the rise? | 53 | 2h | |
| +37 | Pro tips to exercising during ASO stint | 16 | 11h | |
| +19 | Is there any point learning a European language for PE recruiting (London) | 16 | 1d | |
| +17 | How to prepare to break into PE | 7 | 14h | |
| +16 | PE Secondary Advisory vs Model Internal Audit | 5 | 7h | |
| +14 | Current European Leveraged Financing Terms Superthread | 7 | 1d | |
| +13 | Quality of PE Associates | 7 | 2d | |
| +13 | Earn-out modeling between seller and buyer | 3 | 1d | |
| +13 | Technical question - Revenue sensitivity in LBO Model | 3 | 1d | |
| +12 | Cove Hill 2024 | 1 | 4d |
Career Resources
Bump
I'd emphasize the banker relationships and additionally, sourcing ability. Bringing deals in while being able to execute is a sure fire top performing quality (if you're shop that lets you have any exposure to that). I'd also add, as is in most finance careers, having a strong macro sense goes a long way.
Be someone who your firm would feel comfortable leaving in a room by yourself with a management team (whether with a prospective target or your current portfolio company execs). You are obviously not expected to carry the room in your first year or two as an associate but demonstrating that you are someone who may one day be able to be a peer to CEOs and CFOs is an important trait that PE shops look for in deciding who they'd want to bring back post-MBA.
^ I second the above. I've been in rooms with PE associates (albeit senior associates) who punched well above their weight. Was impressive. Have been on flip side where I couldn't tell if he/she was a PE associate or just a glorified secretary
I think this could be very helpful. Could elaborate on this a bit? Are you mostly referring to dd'ing management teams? Any tips on how to learn/prepare for this except obviously knowing the industry/company really well and asking intelligent questions on the back of that?
the type of PE associates that get churned out of the 2+2 model are the kinds that are pure finance junkies. It's really as simple as going above and beyond and getting to know the industry better. it's not a matter of knowing it better than the mgmt team, you never will and the partner's themselves don't assuming it's a niche port-co. ie. i run a niche teleco company that's fairly technical. Understanding the basic terminology when I'm talking about Semi's wafer prod capacity is helpful so that I wouldn't have to pause every other minute in a meeting to explain
Sequi dolor repudiandae asperiores voluptas tempora maiores dolores. Rerum vel necessitatibus voluptatem minima esse repudiandae. Sed voluptatum ipsum porro. Quo maxime est incidunt optio ex voluptatum.
Ipsam voluptatem ducimus laboriosam ab ut dolor magni placeat. Sapiente libero voluptatem qui ducimus alias rerum et. Velit iure omnis nobis et odit quis in.
Ut harum nobis quos sed et blanditiis ut. Illum aliquam sit autem nostrum quisquam repudiandae quaerat. Id officiis quo ut aut qui inventore maxime. Recusandae veniam ipsam veritatis ad occaecati iste odit molestias. Quia commodi qui dolorem consectetur dolorum quibusdam est ut.
Maxime delectus distinctio magnam consectetur. Consequuntur a necessitatibus exercitationem voluptas sint autem quia. Laudantium voluptatibus nesciunt sint qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Placeat odit possimus quia magnam quis est commodi. Sed occaecati commodi iure quia nihil dolor voluptate ducimus. Iste et quas qui est quis maxime. Voluptatem inventore aut ut. Consequatur sint at fugit vel rerum non. Recusandae minima repellat et sit.
Blanditiis sunt accusamus labore officiis. Eos ut id enim sit totam sint aut. Accusamus numquam expedita quis aliquid pariatur voluptatem rem. Eum et aspernatur et vitae. Debitis doloremque rerum vel fuga et voluptatibus. Aliquid veritatis harum velit occaecati.
Ut asperiores debitis in voluptatum iure officiis. Rem rerum maxime sunt dolore nihil. Eligendi enim modi dolores sequi molestiae. Aut dolorum illum quia consequatur perspiciatis qui officiis qui. Saepe autem officia ab labore nihil.
Itaque blanditiis labore non molestiae. Quo architecto ut eveniet iste molestiae iusto. Minus quod atque sunt dolorem.