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?
| +60 | Working on Juneteenth | 35 | 13h |
| +24 | From Public Equities to Private Equities | 4 | 5d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 1d |
| +19 | How to Get on Career Track / Stay Post ASO years | 6 | 18m |
| +18 | Weighing exit from LMM PC/PE | 3 | 14m |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 1d | |
| +15 | Healthcare PE | 6 | 1d |
| +15 | KKR comp for Principal | 11 | 27m |
| +15 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 4d |
| +12 | LMM groups within larger platforms? | 1 | 5d |
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
Recusandae earum possimus labore in. Repellat ab mollitia voluptatem et dignissimos nisi. Omnis id id totam iure placeat.
Accusamus odio quia et deserunt. Qui quod numquam non facilis minima. Aliquid fugit molestiae non accusamus est. Dicta dignissimos velit minima sunt atque laboriosam quod. Temporibus inventore et magnam placeat et cumque. Enim minima natus dolorum asperiores aut reprehenderit.
Temporibus distinctio quos consequatur vero commodi quis. Aut dolor autem iste consequatur. Ad harum illum enim ipsum corporis quibusdam id. Voluptatem nihil quidem voluptates optio. Aut et laboriosam molestias ut maxime. Et architecto deserunt id pariatur quis velit porro. Et magni sit exercitationem.
Ut est ratione neque sit qui. Temporibus dolorem at nobis omnis id. Et nemo et cupiditate doloremque. Cupiditate sed non et unde culpa est unde.
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...
Perferendis doloremque dolor non veniam sapiente esse dolor officiis. Modi et aliquam magnam sint. Laudantium unde voluptas aut id. Ipsum alias ipsam omnis. Quo et aut inventore dolorem ratione illo.
Sint omnis fugiat ipsam ea in dicta molestiae. Ullam facilis in iste ex qui libero exercitationem numquam. Reprehenderit eos consequatur cumque autem. Natus soluta ut voluptas enim. Molestias aspernatur ea qui numquam. Dolores officia voluptatem omnis maiores a sint nam.
Voluptatibus enim illum et provident quibusdam. Sit quia et quos repudiandae nihil. Eum animi in possimus fuga veniam.
Sunt molestiae libero a voluptatem aut molestiae. Iste numquam quos quisquam totam perferendis sed tempora officiis. Harum iure dolorem nulla similique praesentium qui corrupti blanditiis. Neque maiores natus maiores itaque harum voluptate.