How does PE Case Study Interview for SA role work?

I'm currently recruiting for a summer 2024 internship for a PE megafund and was just invited to take a 3-hour case study interview (unproctored) this week. Was wondering what to expect from this? Would it be something like building the 3 financial statements? Or 3 statements + corresponding LBO model? Or just an LBO model given the 3 statements? Would they give me a CIM beforehand or just raw financial data? I tried looking it up online but a lot of what I found seems to be for full-time roles or extremely advanced stuff, and I'm just a sophomore so I've really had no experience other than intro accounting classes and a PE internship where I was exposed to the LBO model process but never actually contributed to building one. Would greatly appreciate any insight or advice!

 

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