Feeling Overwhelmed at PE Internship

With only one prior IB internship at a boutique, to be honest I think I really lucked out landing my current internship at one of the MFs, but I am starting to wonder if I really am cut out for the work.

Not long after joining, I was tasked to lead expert interviews (it was very awkward) and was asked to give my view on an investment opportunity whose business model I just learnt 30 minutes ago. I am finding it very hard to process them, when it comes so naturally to all of them. I think it is also partially due to the fact that at my previous place, most of the time I was just doing "monkey things", i.e. creating profiles, moving icons, spreading financials which are all very brain-dead work. While I did learn a lot about the live deals I was on and how my deal team thought about it, I felt what I got out of it was only their conclusions and not how to "think", which is why at my current workplace, whenever the team talks about the different deals during lunch, I am unable to join the conversation.

How do you train this? Outside of work, I listen to the news, read broker reports, but I just retain them as information and don't know how to "apply" it.