Coinvest Associate role Tips

If you have gone through the process, could you please share what to prepare for the interview in terms of what interview sources one should look up, types of questions to prepare, and how to prepare for an one-hour modeling.

Thank you in advance!

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

You should prepare as if it were a regular PE interview. The model will be a straightforward LBO, most likely. If there's a case, you should think about the investment decision as if you were the PE firm, with the added question of "Is this the right PE firm to do this deal and do we want to co-invest with them?" Technical questions for co-invest will also be the same as for a PE or IB role and probably will be the more basic questions.

 
Lima Papa

You should prepare as if it were a regular PE interview. The model will be a straightforward LBO, most likely. If there's a case, you should think about the investment decision as if you were the PE firm, with the added question of "Is this the right PE firm to do this deal and do we want to co-invest with them?" Technical questions for co-invest will also be the same as for a PE or IB role and probably will be the more basic questions.

Thank you, Lima. May I ask for guidance on how to make a decision whether to co-invest with PE Fund A versus PE Fund B? What are some pointers? Thanks!

 

Think of it like you're investing in a company a couple of things to consider

I) Has PE Firm A demonstrated a successful track record in the past

II) Do you believe in the business plan (forecast) that the PE firm presented if not, how much would you haircut

III) Do you believe in the investment thesis of the PE firm

IV) Have they had co-investors before and what do other co-investors think about them/their experience (for example if things aren't going well is PE Firm A transparent, etc.)

 

Think of it like you're investing in a company a couple of things to consider

I) Has PE Firm A demonstrated a successful track record in the past

II) Do you believe in the business plan (forecast) that the PE firm presented if not, how much would you haircut

III) Do you believe in the investment thesis of the PE firm

IV) Have they had co-investors before and what do other co-investors think about them/their experience (for example if things aren't going well is PE Firm A transparent, etc.)

Thank you, Associate 2. This is helpful. When speaking of how much one believes in the forecast, what would make one cast doubt on the forecast? 
 

I think, for me, if a company has a track record of, say, successful price increase and customer retention, the it is more believable to have faith in the forecast. There are other criteria too but I am here to learn. 

 
Most Helpful

Sapiente est repellendus delectus laboriosam consequatur ea neque. Et mollitia facere incidunt et est. Nobis eius velit saepe sunt. Asperiores nihil enim dolor asperiores quia facilis.

In eius quia dolore fugit. At earum quia rerum voluptate at quisquam. Harum perferendis cupiditate nam incidunt impedit consequatur. Numquam molestiae accusantium dignissimos in molestiae.

Iusto rem dolore quia totam eum. Ea deleniti et dolorum quis vel ut ducimus. Ullam et quo ut facere impedit hic commodi. In voluptatibus sed et autem.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”