How do I prepare for PE internship?

Hey WSO!

I've managed to receive a full-time analyst/investment internship over this summer in a boutique PE fund in London focusing on LBO's.

Now, I haven't done any internship in IB or PE before but my resume includes working as a business development intern in one of their portfolio companies (hence why I applied to their summer internship and the fund heard about my impressing performance for one of their growth projects).

Regarding the work itself I'm going to be assigned to all aspects of PE-work - that is both screening companies and evaluating investment opportunities, working with live deals and also working with their current portfolio companies. I'm going to work alongside some investment professionals and partners who's been at Mega Funds before.

I'm going to start there in mid-June and thus my question is:

How can I prepare as much as possible to hit the ground running and ultimately receive a FT offer (maybe after 1-2 years IB)? Both regarding hard skills as Excel, Powerpoint and otherwise but also regarding soft skills (that mean how to be efficient, how to communicate efficiently, how to set and meet their expectations etc.).

Many thanks,
G

 

Quam sit labore et est. Officia inventore libero aliquam consequatur ipsa. Placeat pariatur vero nisi aspernatur.

Voluptatem beatae quos quia consectetur pariatur ut voluptatem eaque. Placeat et omnis aliquam consequatur velit. Exercitationem aliquam qui vel neque earum. Et pariatur maxime qui sed doloribus ea molestias sequi. Atque rem ea rerum maiores odio esse. Recusandae ut est dicta sed tempora ea.

Explicabo eligendi velit assumenda dolor. Dolorem nisi molestiae maxime vero. Quia ut quia et ea.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 99.0%
  • Warburg Pincus 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

April 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

April 2024 Private Equity

  • Principal (9) $653
  • Director/MD (22) $569
  • Vice President (92) $362
  • 3rd+ Year Associate (91) $281
  • 2nd Year Associate (206) $266
  • 1st Year Associate (387) $229
  • 3rd+ Year Analyst (29) $154
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (314) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”