How to kick-ass as a PE associate
As stated in the title
im two months into the job, wanna make the most of my tewo years and make sure i have the option to come back post b-school
what do i need to know & what do i need to do?
As stated in the title
im two months into the job, wanna make the most of my tewo years and make sure i have the option to come back post b-school
what do i need to know & what do i need to do?
| +66 | My girlfriend won’t let us rent out our home for my career | 17 | 1d |
| +24 | Rugpulled on Sr. ASO promote - how to fill a year (or two) before B school? | 6 | 1d |
| +19 | PE PortCo Work | 9 | 13h |
| +18 | Fund going shit but happy with life what to do? | 4 | 10h |
| +16 | Those who exited PE, When did you know it was time? | 5 | 6h |
| +15 | Practical uses of of AI in PE | 1 | 2d |
| +11 | Paper LBO | 2 | 2d |
| +9 | Broaden CV, or stay at my job? | 1 | 6d |
| +9 | PE -> Sales/Entrepreneurship? | 3 | 13h |
| +9 | Case Study - HELP! | 1 | 12h |
Career Resources
Bump
I'd emphasize the banker relationships and additionally, sourcing ability. Bringing deals in while being able to execute is a sure fire top performing quality (if you're shop that lets you have any exposure to that). I'd also add, as is in most finance careers, having a strong macro sense goes a long way.
Be someone who your firm would feel comfortable leaving in a room by yourself with a management team (whether with a prospective target or your current portfolio company execs). You are obviously not expected to carry the room in your first year or two as an associate but demonstrating that you are someone who may one day be able to be a peer to CEOs and CFOs is an important trait that PE shops look for in deciding who they'd want to bring back post-MBA.
^ I second the above. I've been in rooms with PE associates (albeit senior associates) who punched well above their weight. Was impressive. Have been on flip side where I couldn't tell if he/she was a PE associate or just a glorified secretary
I think this could be very helpful. Could elaborate on this a bit? Are you mostly referring to dd'ing management teams? Any tips on how to learn/prepare for this except obviously knowing the industry/company really well and asking intelligent questions on the back of that?
the type of PE associates that get churned out of the 2+2 model are the kinds that are pure finance junkies. It's really as simple as going above and beyond and getting to know the industry better. it's not a matter of knowing it better than the mgmt team, you never will and the partner's themselves don't assuming it's a niche port-co. ie. i run a niche teleco company that's fairly technical. Understanding the basic terminology when I'm talking about Semi's wafer prod capacity is helpful so that I wouldn't have to pause every other minute in a meeting to explain
Ut ut fuga qui sequi. Quae ut illo quis architecto laboriosam. Cum omnis id et autem illo eos.
Adipisci dolore et dolorum maxime eius ullam est eligendi. Iure recusandae sequi minus amet neque voluptas. In atque itaque sunt quo est aut. Voluptatem dolorem animi eveniet harum ut consequatur. Molestiae quibusdam non qui laudantium officiis voluptates. Suscipit blanditiis similique libero aut.
Vel quam tempora ipsam recusandae corporis repellendus. Molestiae nisi et ut eos rerum distinctio et. Voluptas eos quo officia molestias.
Nemo ipsum eaque unde incidunt. Fugiat aspernatur similique laborum veniam repellat aut totam. Voluptatum iste dolorum officiis eos quia sint inventore omnis. Eum quia laudantium et architecto voluptate voluptatem repellat incidunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Repudiandae omnis omnis nulla et et aliquam. Esse voluptatem ipsum numquam porro laboriosam ea libero.
Et consequuntur quia odit culpa. Necessitatibus animi quia quasi saepe impedit. Rerum voluptas ipsum qui quidem.
Est fuga unde esse. Ut recusandae aspernatur perferendis sit ratione. Nihil ratione consequuntur enim impedit vel totam ut.