IMCO infra case study

Based on the most helpful WSO content, here are some suggestions for preparing for a 2-hour infrastructure PE analyst case study:

1. Understand the Case Study Types:

   • Traditional LBO: Some infrastructure funds may administer a case study similar to a buyout shop's LBO modeling test. You might be asked to build a 3-statement LBO model and create a PowerPoint deck within 3-4 hours.
   • Construction Stage Infrastructure Model (Type 2A): This involves modeling returns for a construction stage, fully/partially contracted infrastructure asset. You will be given assumptions and need to complete the model and presentation within 3-4 hours.

2. Practice Modeling Skills:

   • Excel Capabilities: Ensure you are proficient in Excel, as the case study will test your ability to handle complex financial models.
   • Infrastructure-Specific Models: If you are coming from a traditional IB background, practice infrastructure-specific models. Ed Bodmer's resources are highly recommended for project finance and infrastructure modeling. You can find his exercises here: https://edbodmer.com/project-finance-exercises/</a">Ed Bodmer's Project Finance Exercises.

3. Resources and Guides:

   • Ed Bodmer's Videos: These cover a wide range of project finance and infrastructure modeling topics.
   • Investor Presentations: Look at presentations from large, publicly traded infrastructure funds like Brookfield and Macquarie to understand industry trends and modeling approaches.

4. Preparation Tips:

   • Time Management: Practice completing models and presentations within the given time frame to ensure you can work efficiently under pressure.
   • Review Traditional LBO Guides: Even if the modeling isn't hard, it can be different from what you're used to. Reviewing traditional LBO guides can help bridge the gap.

For sample practice case studies, you might want to explore threads on WSO where individuals trade old cases or share their experiences. Unfortunately, specific sample case studies are not provided in the context, but the resources mentioned should give you a solid foundation to prepare effectively.

Sources: Interviewing For Infrastructure Investment Roles, Interviewing For Infrastructure Investment Roles, Infrastructure modeling exams/guides