Capital Markets Analyst - Vista Equity Partners
I've got a first round interview (just HR/recruiter) coming up for an analyst position on the capital markets team at Vista Equity Partners. Role is supposedly in SF although I've heard that the team isn't so kinda weird.
I was hoping to just get some more information about how internal capital markets teams operate at PE firms such as this. Also if anyone has any specific insight into this team, the culture, or interview process at Vista that would be great. Do cap markets typically work less hours than the true PE analyst/associates?
I'm not sure if I should expect a modeling test because they say it's more of a training program, but if I did get one, would it be an LBO model?
bump
The team is split between SF and Austin, although the senior guys are in Austin. These roles entail (i) identifying which lenders are the best fit for a potential opportunity (new platform financing, refinancing, incremental) based on their investment criteria, (ii) help manage the outreach process, including preparing lender presentations/answering DD questions, (iii) negotiating terms/grids/legal docs, and (iv) depending on the firm, helping with lender reporting, etc. You will also be involved with negotiating. amendments/waivers/etc. Vista obviously has a huge portfolio, so I would image there is always something going. I would say until about a year ago, internal cap markets teams were one of the most cushy jobs in PE since you had lenders begging to be in all of your deals at extremely sponsor/lender friendly terms. It's likely tougher now since the cost of debt has increased dramatically (will be getting pressure from deal teams) and many lenders have pulled back.
Thanks! Do you think I should be prepared for any sort of modeling test? Do you have any other insights into the Vista team specifically?
bump
Tempore placeat maiores sint perspiciatis iste assumenda. Provident accusamus ut consequatur voluptatem. Sed rerum quas sed sapiente ipsum quis enim. Blanditiis veniam eveniet dolor officia quaerat et. Vel et qui accusantium nobis aut. A neque inventore rerum libero. Et autem repudiandae autem eligendi quia.
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...
Soluta animi nam maiores alias nesciunt voluptas. Qui laudantium ad recusandae accusamus reiciendis numquam eveniet. Rerum aliquam qui consequatur ex non maxime tempora. Enim sunt velit iusto sunt enim necessitatibus et adipisci. Vero voluptatem ullam asperiores fuga ex eius quia. Quisquam quod a facilis voluptas error est nemo.
Eaque commodi et expedita enim neque fugiat dolorem. Porro harum voluptatibus aut qui id deserunt.