Lunate Interview Prep & Case Study

Based on the most helpful WSO content, here are some insights into preparing for a Private Equity interview and case study:

Interview Preparation:

1. Deal Experience:

   • Be ready to discuss the deals on your resume in detail. This includes understanding every aspect of the deals you were involved in.
   • Expect granular questions about your deal experience. It's crucial to have prepped thoroughly on this front.

2. LBO Knowledge:

   • Have a strong grasp of Leveraged Buyouts (LBOs) both theoretically and conceptually.
   • Be prepared to walk through paper LBOs and case studies.

3. Behavioral Questions:

   • Be prepared for behavioral questions such as why you want to join the firm, why you are leaving your current position, and why you are interested in the specific group.

Case Study Preparation:

1. Case Study Format:

   • Case studies often involve discussing how you would approach a potential PE investment.
   • You might be asked to build an LBO model from scratch and discuss your approach.

2. Practice:

   • Practice building LBO models of public companies to get comfortable with the process.
   • Understand the financials and be ready to answer the question, "Would you invest?"

3. Interview Process:

   • The interview process can be hectic, with multiple rounds including phone screens, technical questions, and case studies.
   • Processes are typically tightly run and can be completed in about three weeks from start to offer.

For more detailed experiences and specific advice, you might want to check out the following threads on WSO: - https://www.wallstreetoasis.com/forum/private-equity/private-equity-int…</a">Private Equity Interview Questions - 13 Topics to Know - https://www.wallstreetoasis.com/forum/private-equity/my-private-equity-…</a">My Private Equity Recruiting Process - https://www.wallstreetoasis.com/forum/private-equity/private-equity-rec…</a">Private Equity Recruiting Walkthrough – My Experience

Good luck with your interview!

Sources: My Private Equity Recruiting Process, My Private Equity Recruiting Process, Private Equity Interview Questions - 13 Topics to Know, Private Equity Recruiting Walkthrough – My Experience, Private Equity Recruiting Walkthrough – My Experience