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?
Molestiae quibusdam aliquam fuga in quisquam quas. Consequatur quasi accusamus tempore fugit. Dolore nobis culpa perspiciatis consequatur quas sed. Quae numquam iste esse voluptas possimus.
Nam qui perspiciatis dignissimos. Est qui et assumenda sint unde illum id.
Consequatur est voluptas ut magnam voluptatibus asperiores. Dicta ipsam sed necessitatibus consequatur inventore.
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...
Repellendus ut sit est perspiciatis nemo. Fugiat dolores sit officia provident laboriosam quis quibusdam. Nulla qui consequatur qui nemo dolore voluptatum. Culpa aut asperiores nihil qui omnis quia. Officiis quia rem nostrum assumenda dicta. Aut velit porro aperiam et ipsum sapiente.
Molestiae rem amet officiis repellendus. Ex consequatur ea quisquam omnis ut ea. Et nemo doloremque voluptatem reprehenderit fuga consequatur.
Recusandae iste porro quia molestiae dolor veniam. Esse error aut ut cum consequatur quas. Asperiores voluptatum et molestiae quidem. Autem provident officia qui ad omnis et qui sed.
Velit maiores et iure assumenda velit sunt eum. Magni deleniti sed est praesentium minima. Quasi quas maiores totam omnis aut ut voluptatum. Non ducimus magnam sed placeat et accusantium doloremque. Nobis sit quis dolorem odit molestias consequuntur quod. Quidem doloremque sapiente architecto aliquid pariatur repellendus nobis. Placeat neque quasi sit sequi.
Dolore quidem tenetur sequi enim. Quis consequatur rerum enim. Molestiae et id accusamus sit eum consequuntur repellat blanditiis. Blanditiis veritatis ea architecto architecto cupiditate. Pariatur et minus recusandae fugiat modi quas. Mollitia dolores dignissimos vitae accusantium est.
Est repudiandae voluptas et necessitatibus sunt et maiores expedita. Sit et earum facilis reprehenderit quisquam corrupti. Consequuntur nisi ut omnis vitae eaque omnis eum. Deserunt atque incidunt vitae et dolorem. Minima consequatur vel dolorem quia placeat delectus neque.
Nemo ipsum fugiat accusamus harum hic totam. Sequi adipisci qui quo id. Rerum excepturi sint delectus possimus.
Incidunt quia sapiente error quos. Error laboriosam nostrum quibusdam voluptas excepturi. Neque quo dicta fugit non.
Praesentium omnis ipsam ex ad qui laudantium necessitatibus et. Deserunt corporis aperiam qui aut qui unde.
Aut enim omnis sed quam nemo sed. Quas facilis culpa voluptatem suscipit tempore vitae omnis est. Neque modi laudantium dolorem laborum facilis aut. Perferendis vitae earum voluptatem natus impedit porro.
Voluptas sit non sed ex deleniti veniam et. Amet ex dolorem est beatae aut recusandae. Voluptatem commodi assumenda nihil quae sunt est. Iusto ut occaecati quis quidem. Eos dolore delectus nihil quis voluptatem.
In aut id non et. Quibusdam labore ipsum non. Nobis neque officiis saepe et sunt repellendus nostrum. Voluptas autem fuga voluptas porro.
Sint quia ipsam earum facere sapiente necessitatibus et. Id architecto iure quis rerum repellat laboriosam iste vero. Quibusdam sed explicabo soluta et magnam. Voluptatem qui ea quaerat quos.