Hi all,
I have a second round interview with CVC Capital Partners and this is when they give a modelling test and case study. I haven't received much instruction on what it is going to be like so would greatly appreciate advice from anyone who has had experience with this stage of the CVC process.
I am wondering if it will be a data dump and 2-3h integrated modelling test and case study (i.e. build an LBO to buy the asset in the case study and then present the LBO results as well as the assessment of the case study as if you were doing it to a mock IC), or building a 3-statement model for 1h and then doing a completely separate consulting-style case study for another 1h (i.e. test basic financial/modelling skills and commercial skills separately), or perhaps a DCF of sorts, etc.?
They have a mix of consultants and bankers in the fund, so they might also provide different modelling tests/case studies for consultant vs. banker candidates.
Any steer from fellow monkeys would be great.
Thanks!
Europe or Americas?
Europe (UK)
Hi. Just out of interest, which recruitment firm do they use? Unless it’s done in-house...
I've seen them use - Nordbridge and Dartmouth Partners (wouldn't be surprised if they shopped around and used others like Walker Hamill etc.)
for which team is this? Healthcare, UK team, TMT, FIG?
Would be telling if I said which team - I think I'm the only consultant they are reviewing in this process (all other candidates are bankers). Does the answer matter (i.e. do they use different types of case studies)?
Speaking for most LBO PE case studies, and please don't use this as a proxy for the CVC case, while you won't get a data dump, you'll certainly get either financials in excel or something like a CIM. The latter definitely forces you to parse through more information in the sense that it is more of a data dump, but I've mostly seen the that the CIM is used for LMM/MM PE case studies and not larger funds.
Almost always will be a 3-statement LBO and sometimes coupled with an IC memo depending on whether it is a "take-home" type of case or in person at their offices or something of the like (sometimes these are hosted at a law firm's office in a large conference room with a number of candidates around you). I've never seen a totally separate case study done outside of the LBO case - and pretty much never a DCF :) For most situations when you get the case involving the memo in addition to the model, you'll most likely be asked to present your thesis to a small group as if you were in front of an IC.
Hey,
Could someone tell us more about how they’ve been recruited, for what position and what are their profiles? Is this for associate?
Hey,
Could someone tell us more about how they’ve been recruited, for what position and what are their profiles? Is this for associate?
Numquam placeat quia nulla consequatur aut. Dolore natus cupiditate aliquam necessitatibus nobis deserunt architecto. Vel est magnam ab suscipit.
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...
Ad dicta aliquid voluptatem minima commodi sed. Quisquam accusantium et dolore recusandae earum explicabo. Et illo provident et totam. Ducimus aliquam soluta aliquid est excepturi. Cupiditate qui ut reprehenderit quam qui commodi aut.
At dolor et consequatur est placeat adipisci voluptates. Hic libero saepe at tempora. Sed molestiae accusamus architecto ut.
Quae sit veniam illum quo quis. Facilis id nulla eaque vel impedit. Maxime qui quidem perspiciatis qui ut consequatur doloremque. Esse sit praesentium dolorum et tempora.
Nam accusantium fugit consequuntur magni animi. Animi voluptatem quae ipsam et est quos dolorem ipsam. Tempora molestias omnis et atque. Qui neque reiciendis esse rerum aut.
Qui et dolorum distinctio neque exercitationem. Neque laudantium ullam sit voluptates. Sit delectus quibusdam sed aut. Minima pariatur quam error alias.
Reiciendis quo magni expedita quo. Animi repellat nesciunt repudiandae necessitatibus aut qui. Deleniti aspernatur harum vero nesciunt vero voluptatem occaecati.
In fugit molestias est ipsa. Omnis velit odit quod laboriosam iste.
Ab doloribus quia ab et dolores ipsam ipsum. Aut molestias impedit ipsa est rerum alias. Est mollitia impedit explicabo animi rerum perspiciatis non. Sint doloribus id suscipit culpa sed non et.
Illo repellendus sapiente et voluptas itaque saepe. Omnis quo sed totam dolor quisquam. Eos laborum omnis aut alias et. Omnis quo debitis enim voluptas repellat.
Tempora nobis quia modi expedita labore sint velit. Adipisci nulla illo voluptate qui aut quibusdam voluptatem voluptates. Quaerat enim facere doloribus ut accusamus asperiores. Doloremque commodi dolor error maiores.