GTCR - Interview Next Week - Input Needed
Hi All,
I work at a top BB (GS, MS) and have a first round interview at GTCR next week. I've heard this website is a really good resource for information, and was hoping people could offer some firsthand/secondhand insight to the interview process at GTCR.
Things along the line of what kind of questions can i expect, how many rounds might there be? Plus, does anyone know if GTCR gets their hiring done earlier than the other big PE firms? I thought it was pretty early for PE interviews but heard from the headhunter today, much to my surprise.
Thanks very much for your responses in advance!
welcome to the forums...GTCR is definitely one of the top PE firms in the chicago area...competing with the likes of Madison Dearborn Partners.
As far as timeline for PE hiring, I think its about time interviews started up, so you shouldn't be too surprised to have heard from headhunters. given your work experience you probably will be able to handle the PE interview questions.
Expect the basic "why PE?", "why GTCR?" (similar to banking), and then you probably have strong LBO modeling skills, which will come into question in the technical part of the interview.
Sorry but this is all I got, hopefully some of the more experienced posters like GameTheory and Smuguy97 will stop by and offer their priceless advice! Best of Luck.
A kid from my group is joining GTCR this summer, and another one of my good friends joined last summer. First round interviews are typical for any PE. They'll ask you for brief background, and then probably just ask you about the deals you've worked on. Might help to know a little bit about the history of the firm - alot of the bigger shops in Chicago are all inter-twined with each other - for example, Thoma Cressey Bravo (now Thoma Bravo and Cressey & Co.) is an offshoot of GTCR, etc.
GTCR for some reason had somewhat of a sweatshop reputation, but my friend is enjoying a pretty good lifestyle, which may be a function of the market. Second rounds shouldn't be much tougher. I'd say the important thing is to know your deals inside and out. Not just multiples and financials, but deal rationale: why the deal works for the buyer and the seller (from an industry standpoint and competitive standpoint), why the deal makes sense for the banks if there is leverage involved, why the structure of the deal makes sense (for example, if there was 2nd lien in the deal, why it made more sense to have a syndicated group made primarily of hedge funds vs. first lien pro rata bank group).
thanks alot guys! would you know whether they have case studies or a modeling test?
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