Lateral PE Resume and Recruiting Tips
I'm currently a senior associate at a PE fund looking to potentially lateral in the next 6-12 months (may depend on whether I get promoted or not). I'm thinking about starting discussions with headhunters in the next month or two. I've seen a lot of resume templates for consultants / bankers looking to break into PE but haven't really seen many experienced. I'll reach out to friends at other funds but don't want to raise any eyebrows by asking people at my current fund. I thought I'd reach out to this forum to get some advice.
How much detail do you include for the deals that you work on? Do you keep the descriptions relatively high level and then save the details for your interviews? Do funds have any preference for deal vs. portfolio company experience? I've included some example bullets in relation to a portfolio company I inherited when I joined, for reference.
- Created new KPI dashboard that was circulated weekly to the management team and board of directors
- Constructed cash flow model to forecast company's liquidity needs during pandemic and trained CFO to update model
- Worked directly with CEO to develop optimal, modified compensation plan for key management team members
- Built sell-side funds flow including purchase price walk and proceeds schedules in connection with sale
Any recommendations around how best to prepare? Not sure what level of granularity might be expected in interviews but I'm planning to make some write-ups for my deals / portfolio companies detailing the following:
- Initial investment thesis
- Market overview
- Underwriting model assumptions and drivers
- Financial performance over time
- Key initiatives undertaken during our hold
- What went well vs. what went wrong
- COVID impact
- Outcome (if applicable)
- How I added value to the team
- Reflection on what I would have done differently
Any advice would be greatly appreciated. Thanks!