How to prep for HH calls?

To ace your headhunter (HH) call and make a strong impression, here's what you should focus on:

1. Craft a Polished Story:

   • Be ready to articulate your background, experience, and why you're interested in Private Equity (PE).
   • Highlight your recent Private Capital work (diligences and strategy) and how it aligns with PE.
   • Be clear about your career goals and why this opportunity excites you.

2. Know What You Want:

   • Be specific about the type of PE fund you're targeting (e.g., middle market, large cap, growth equity).
   • Have clarity on geography, sector preferences, and fund strategies. The more concrete you are, the better.

3. Research the Fund:

   • If the HH mentioned the fund, research its strategy, portfolio, and recent deals.
   • Be prepared to explain why this fund aligns with your interests and skills.

4. Prepare for Common Questions:

   • Expect questions like:
     • "What’s your story?"
     • "Why do you want to transition to PE?"
     • "What type of PE fund are you targeting?"
     • "Can you walk me through your deal experience?"
   • Practice concise, confident answers.

5. Deal Experience:

   • Be ready to discuss your deal experience in a simplified yet impactful way.
   • Focus on what you did, the investment thesis, and why it was a good (or bad) investment.

6. Paper LBO:

   • While not always required for HH calls, knowing how to do a simple paper LBO is a good idea. It shows you're prepared for technical discussions.

7. Presentation and Personality:

   • Dress professionally if it’s a video call.
   • Show enthusiasm, confidence, and a polished demeanor. Headhunters evaluate your personality and presentation skills as much as your experience.

8. Know the Headhunter Landscape:

   • Understand which firms are covered by which headhunters. For example, GoBuyside is a great resource for this.

9. Follow-Up:

   • After the call, send a thank-you email and reiterate your interest in the opportunity.

By preparing thoroughly and presenting yourself as confident and focused, you'll leave a strong impression on the headhunter. Good luck!

Sources: A Guide on How to Navigate On-Cycle PE Recruiting, Private Equity Recruiting Walkthrough – My Experience, My Private Equity Recruiting Process, From Private Equity Associate to VP in Private Equity, Private Equity Recruiting Walkthrough – My Experience