Hi all,
I have been requested by some recruiters to provide a deal sheet.
Just wanted to check what level of information should be provided (standard) and which deals to highlight as the level of involvement was different
Please share your best practices / experiences.
Thanks,
A new circle of recruitment hell...
Always hard as you know
Are you first year analyst recruiting for 2022 on-cycle?
No, second year.
Would it be OK to include in the deal sheet:
- Sector, Ticket Size, Transaction Rationale, Main metrics, Final Outcome.... without mentioning sellers or buyers?
I've done a similar one, but in VC not PE. Mine goes:
[Deal Size / Investment Size] - [Transaction Type] - [Description of Investee Company] - [Closing Date]
Granted, if you are a PE analyst you've likely done larger but fewer deals vs what a VC analyst has done.
If I were in PE, I'd probably adapt my deal sheet and elaborate on the "Work done" section and get into pretty granular detail.
Thanks a lot,
During the interviews, when they look at your deal sheet, what type of questions they normally ask more often?
i have 3 years of experience @ a VC. participated in 4 investments, no liquidity events. still worth making? would you be open to sharing one of your VC deal sheets?
How big was the fund?
Deal Sheet / Transaction Experience (Leveraged Finance)
Transaction Experience
Company A (Sponsor X) | NR/NR | $25MM RC / $175MM Term Loan B | M&A/Refi — Sole Lead
Company B (Sponsor Y) | B/B2 | $15MM RC / $150MM 1L Term Loan B / $35MM 2L Term Loan | Div/Recap — Sole Lead
Company C (Sponsor Z) | B-/B3 | $25MM RC / $200MM 1L Term Loan B / $50MM 2L Term Loan | LBO — Sole Lead
Bullet (LONG - explained)
-Request for Proposal (RFP), due diligence, comps, underwriting approval memo, marketing materials (CIM & LP), manage deal site [Debt Domain, Syndtrak, or Intralinks], syndication tracker, investor Q&A, funds flow, fronting letter / settlement risk approval memo, closing memo (internal deal summary), and manage deal closing
Other versions (spacing issues, other ways to show)
Thanks a lot for this, appreciate it.
Think about what information would be useful to the person reviewing your credentials.
I like to see sector, transaction type, deal/target size and most importantly, a few points on your personal contribution in the process. Keep it concise.
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