first MM PE phone interview

What kind of interview questions should I expect to get in a first round MM PE interview? Are there standard technical questions? Or will it mostly be introductory talk? Would they ask about deal experience/details that are on my resume? Any tips are appreciated, this is my first phone interview with a PE firm and I'm a bit unsure of what to expect.... thank you.

 
Best Response

Hard to generalize...

I had a few telephone interviews with European MM PE firms and the range went from...to: - walk through CV - why PE/why MM - which industries/firms to invest in - (dis)advantages of certain valuation methods/multiples - case study with back of the envelope valuation

I also found that when they ask about prior deal experience/jobs/internships they might get pretty detailed about who you worked with. Maybe that's a local thing because the markets here are a bit smaller but they like to check whether you are not BSing them.

Expect the worst and you'll pass it easily. Hope it helps!

 
EuroLocust:
- why PE/why MM

What was your approach to this question?

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

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