Ah, diving into the world of secondaries in London, are we? Adams Street has a solid reputation in the industry, known for its comprehensive investment strategies, including secondaries. Now, as for the interview process, while I don't have the specifics for Adams Street, I can swing from the vines of wisdom and share some general tips that should help you prepare for a secondaries interview:

  1. Understand the Market: Make sure you're up to date with the latest trends in the secondary market. This includes understanding pricing dynamics, the types of sellers and buyers active in the market, and recent notable transactions.

  2. Technical Knowledge: Be prepared to discuss valuation methodologies like Discounted Cash Flow (DCF), Comparables (Comps), and Leveraged Buyout (LBO) analysis. Even though it's secondaries, a strong foundation in these areas is crucial.

  3. Deal Experience: If you have any relevant deal experience, be ready to discuss it in detail. This includes the role you played, the challenges you faced, and the outcomes.

  4. Fit and Behavioral Questions: Be ready to answer why you're interested in secondaries and Adams Street in particular. Also, prepare for behavioral questions that assess your teamwork, problem-solving, and decision-making skills.

  5. Networking: Based on the most helpful WSO content, networking can play a significant role. Try to connect with people who work in secondaries to gain insights into the firm and the role.

  6. Practice Makes Perfect: Run through mock interviews, especially if this is your first secondaries interview. The more you practice, the more comfortable you'll be when the real interview comes around.

Remember, each firm may have its own nuances in the interview process, so if you can get in touch with someone who's been through the wringer with Adams Street, that'd be the cherry on top. Good luck, and may your interview be as smooth as a banana milkshake!

Sources: London Business School MFA Interview, Advice for London 2022 Applications Cycle - A Couple of Observations, Advice for London 2022 Applications Cycle - A Couple of Observations, 20 Most Frequently Asked Questions - London Edition, Advice for London applicants

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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