LLR Partners

Private Equity

Est Annual Revenue:
$10m+
AUM:
$1bn-$2bn
Website
Industry: Private Equity
[email protected]

LLR Partners Interview Questions

14 total interview insight submissions

Interview Experience (100%)

The Interview Experience is a score from 1 star (very negative) to 5 stars (very positive) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the donut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset.

4.4
  • Very Negative
  • Negative
  • Neutral
  • Positive
  • Very Positive
Interview Difficulty (86%)

The Interview Difficulty is a score ranging from very difficult (red) to very easy (green) generated based on the Interview Insights at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. The higher the number, the more difficult the interviews on average. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few interview insights). Simply put, as a company gets more insights, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire data set.

2.7
  • Very Easy
  • Easy
  • Average
  • Difficult
  • Very Difficult
% Interns - FT Offers (85%)

The % of Interns Getting a Full Time Offer chart is meant to provide a realistic estimate of the hiring practices of the company based on the reviews at this company.

The number you see in the middle of the doughnut pie chart is the simple average of these scores. If you hover over the various sections of the doughnut, you will see the % breakdown of each score given.

The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to the simple company average and away from the average of the entire data set.

67%
  • 0%
  • 20%
  • 40%
  • 60%
  • 80%
  • 100%
  • 10%
  • 30%
  • 50%
  • 70%
  • 90%

Interviews at LLR Partners

Year Position Location Group/Division Experience Difficulty
2023 Summer Analyst Philadelphia Generalist Very Positive Average
2023 Investment Summer Analyst Philadelphia Generalist Very Positive Average
2022 Intern Philadelphia N/A Very Positive Easy
2022 Summer Analysts Philadelphia Private Equity Very Positive Average
2022 Analyst - Healthcare Investment Team Philadelphia Healthcare Very Positive Easy
2020 Summer Analyst Philadelphia Energy Very Positive Average
2021 Market Development Analyst Philadelphia Private Equity Neutral Easy
2021 Summer Analyst Philadelphia N/A Positive Average
2021 Summer Analyst Philadelphia Private Equity Very Positive Average
2021 Summer Analyst Philadelphia Generalist Very Positive Easy

Summer Analyst Interview - Generalist

Anonymous employee in Philadelphia

Outcome

Accepted Offer

Interview Source

Recruiter

Length of Process

Less than 1 month
Interviewed: March 2023 Date Submitted: May 03, 2023

Application

1 on 1 Interview
Skills Test

Interview

Attended an in-person Superday. Consisted of interviews with multiple employees, including a case study portion.

Interview Questions

Mostly behavioral which were typical questions. Case study went a bit in-depth, so be prepared to answer valuation questions relating to the case.
Sample Answer

Investment Summer Analyst Interview - Generalist

Anonymous interview candidate in Philadelphia

Outcome

No Offer

Interview Source

Applied Online

Length of Process

1-2 months
Interviewed: March 2023 Date Submitted: Apr 18, 2023

Application

1 on 1 Interview

Interview

I am still waiting to hear back, but have completed two virtual interviews so far. The first one was strictly behavioral, and the second was fully technical. I was asked about their portfolio companies, why growth equity, and then a set of basic technicals. He went pretty in-depth on deferred revenue, as well as valuing different aspects of a company.

Interview Questions

The most difficult questions were related to describing the operations of their portfolio companies. Do your research ahead of time to understand their business models and how they operate. I was asked to identify specific risks pertaining to one of their portco's, and the depth at which I was asked was the most difficult part.
Sample Answer

Intern Interview

Anonymous employee in Philadelphia

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: September 2022 Date Submitted: Oct 03, 2022

Application

Phone Interview
1 on 1 Interview

Interview

1st Round- Zoom Interview with Associate. Very outgoing and friendly and was more like a conversation than getting grilled.
2nd Round0 Zoom with higher associate, mixed behaviors and high level technicals. Once again very pleasant
Superday- 2 hour long in Phily office, 4 30-minute interviews with different members of team. More technical focsed

Interview Questions

What is your favorite class you've taken at school
Sample Answer

Summer Analysts Interview - Private Equity

Anonymous interview candidate in Philadelphia

Outcome

No Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: April 2022 Date Submitted: Apr 15, 2022

Application

Phone Interview
1 on 1 Interview

Interview

There was a couple of phone calls with members of the team, a behavioral and then a technical round. Superday followed. All interviewers were great.

Interview Questions

Why do you want to work in Growth Equity?
Sample Answer

Analyst - Healthcare Investment Team Interview - Healthcare

Anonymous employee in Philadelphia

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: January 2022 Date Submitted: Mar 13, 2022

Application

1 on 1 Interview

Interview

Was well structured, 3 1-on-1 interviews with both technical questions and personality questions. Not too hard on the financials, but was more qualitative/investment focused and consisted of prior deal questions

Interview Questions

Nothing was remarkably difficult, but they did ask questions about interesting healthcare companies that would make for good LBO targets - the team knows their stuff, so you can't BS with some half-assed company or idea. Remember, they know more about healthcare than you do.
Sample Answer

Summer Analyst Interview - Energy

Anonymous employee in Philadelphia

Outcome

Accepted Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: May 2020 Date Submitted: Dec 08, 2021

Application

Phone Interview
1 on 1 Interview

Interview

Had three interviews and a superday. The superday was 6 rounds, 2 more technical focused, 4 behavioral focused. There were a few 1-2 year analysts, 2 associates, and a partner. Everyone at the firm was really nice. Need a very sound story to get considered for the job.

Interview Questions

What kind of companies is the hardest to value?
Sample Answer

Market Development Analyst Interview - Private Equity

Anonymous interview candidate in Philadelphia

Outcome

No Offer

Interview Source

Applied Online

Length of Process

Less than 1 month
Interviewed: April 2021 Date Submitted: Jun 28, 2021

Application

1 on 1 Interview

Interview

I had two different 1 on 1 interviews where they asked me just basics about my experiences and why I would want to work at a firm like LRR.

Interview Questions

Tell me about yourself?
Tell me about a time when you have failed?
Sample Answer

Summer Analyst Interview

Anonymous interview candidate in Philadelphia

Outcome

No Offer

Interview Source

Employee Referral

Length of Process

Less than 1 month
Interviewed: February 2021 Date Submitted: May 12, 2021

Application

1 on 1 Interview

Interview

I attended a diversity event and received a first round interview the following week. The first round interview consisted of a standard behavioral interview with typical "Tell me about a time" questions. The superday consisted of 5 30min interviews with 4 being behavioral and 1 being technical questions.

Interview Questions

How would an increase in $10 to depreciation impact all three financial statements?
Sample Answer

Summer Analyst Interview - Private Equity

Anonymous employee in Philadelphia

Outcome

Accepted Offer

Interview Source

Employee Referral

Length of Process

1-2 months
Interviewed: May 2021 Date Submitted: May 10, 2021

Application

Phone Interview
1 on 1 Interview

Interview

Superday was 6 rounds long, one technical with basic accounting, valuation, and finance. THe other five rounds were behavioral with some deal questions mixed in.

Interview Questions

A case study between two of the exact same companies. Same EBITDA, same revenue, grow at the same rate. Which one is more profitable? T-shirt business or software company?
Sample Answer

Summer Analyst Interview - Generalist

Anonymous interview candidate in Philadelphia

Outcome

Declined Offer

Interview Source

College / University / On Campus Recruiting

Length of Process

Less than 1 month
Interviewed: April 2021 Date Submitted: Apr 21, 2021

Application

1 on 1 Interview

Interview

Had Superday with the firm. Talked to all team members (from analyst to partner) across all verticals; most of it was behavioral (why PE, why us, etc.) and only one technical interview (typical valuation + accounting question at IB firms). People were all extremely kind and had a very positive interview experience.

Interview Questions

How do you value an apple tree? , If I had just sold a business for $100 today and bought it five years ago for $100, why would I be happy with my situation?
Sample Answer