Silver BananaNew TopicsReplies
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+4
Roark Comp?

high hopes

Anybody have ballparks or numbers for Roark in ATL for associates, senior associate and VP level? There seems to be minimal comp info on WSO here, mostly at the analyst level. ...

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+2
Experienced associate/analyst job search discussion group

checkingin.

Having worked at a middle market PE firm, where there aren't many peers to trade notes with, pretty much since college, I wanted to see if there's interest in a job search discussion group. It'd be a group for anybody who has gone through or is going through associate or experienced analyst recruiti...

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+1
Confused on Credit Suisse Direct Equity Partners, Piper Jaffray Merchant Banking/Private Equity, PE at I-Banks in general

excelmodelsXbeerbottles

Hey does anyone know anything about the DEP group at Credit Suisse or the merchant banking group at Piper Jaffray as it relates to pay, culture, exit opps as an analyst? are these groups similar to Goldman's PFI group? How are private equity funds at investment banks viewed in general? It seems like...

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Lack of Modeling

wso5305

Secured a FT offer in a group that is known as the top group in the bank. Strongest deal flow and hardest group to break into. Only issue is that they don't model. Goal is MM PE. Do I need to look at lateraling to another group based entirely on the fact that my group doesn't traditionally run with ...

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+7
IB or $200M PE Fund out of UG?

SlipperyWhenDry

I'm in an interesting situation and I was hoping that some of you WSO members could lend me a hand. In Summer 2017 I interned at a small PE fund (three employees, $100M fund at the time) after sophomore year. I really enjoyed my time, but due to the fact that I wasn't graduating for two years I re-...

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+1
Culture at Brookfield?

CU04

Hi guys, Anyone familiar with culture at Brookfield please? Looked at one of their postings online and there was a question on “in 150 words or less, tell us something unique about yourself”. Wanted to get a better sense of the group’s culture please. Thank you!...

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Sample /practice case studies?

CU04

Hi guys, Are there any books/learning resources on practice case studies please? I’m not asking for real ones but just ones we can do as practice before interviewing. Much appreciated if anyone can recommend a course or something. Thanks!...

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Recruiting for Private Credit vs Private Equity?

Monkey_Chimp23

For those of you who have had to make the decision to recruit for either private equity or private debt, what made you choose your decision, did you do both, one or the other? Ex. Would you rather do Ares Direct Lending or Ares PE...

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HIG Model Test

Jimpix 27

Anyone have insights on HIG Capital (NY office) for their Advantage Fund? I have a modelling test next week for Summer 2020 and would appreciate any tips or thoughts...

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What does IVP mean on this forum?

dontbugme

It appears IVP has been tossed around to define either Institutional Venture Partners or Insight Venture Partners with the former being venture and the latter have a combination of venture, growth and equity. Is only one of them "IVP" and what are folks' thoughts on the two? I would be interested ...

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+1
Venture Capital/Growth Equity Fund of Funds Exit Opps

wolframhead

Hi all, I'm graduating college this winter (BA in Econ from a lower top 10 public) and I'll be starting a full time at a venture capital fund of funds soon after. This past summer, I did an internship at a US equities active management firm with a fairly large AUM (but not particularly well known)....

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Research

saikatesh1990

I am a beginner in this field. I want to gain enough knowledge on this before applying to b-schools and move on to a career in private equity or hedge funds. ...

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+1
Buy side tips

Merlo97

What kind o tips would you give someone who wants to work in the buy side? For instance in terms of internship/academia . In my particular case, doing a Msc Finance is absolutely necessary (poor undergrad brand). Which kind of master do you suggest to work there (I know, it includes a broad variety...

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+1
Macquarie Capital vs Macquarie MIRA

SAallday

I have an option to either work as a SA in MacCap or Macquarie MIRA (their PE arm) in the real estate group. Which do you think is a better opportunity overall. I know they are known for infrastructure making me think MIRA is better but I am still a little torn. Long story how I got both offers but ...

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+4
How long did it take you to land your offer?

sffinance321

I have gone through a handful of rounds for private equity ranging from 1st round to final rounds and have come short every time. This has become a frustrating time for me and it is only making me lose track of the end goal as the entire recruiting process is wearing me down. I am a second year at ...

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+7
Evercore and Lazard NY Placement

SpecialK.TU

Just wanted to make a post to see how EVR and LAZ did this year in regards to PE placement. Thanks guys....

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Ironwood capital in Avon, CT

Tweek Tweak

Has anyone ever heard of this firm? I was looking at it for a summer internship after my sophomore year and was wondering if a place like this would help with BB IBD junior year internship recruiting. The only real reason I am thinking about this is that it is close to my house and i would not have ...

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Fundamental analysis on securities trading business (please help!)

MBAinSearch

Hello everyone, So I need to do a fundamental financial analysis on a business that is 100% focused on trading in securities (they are not in market-making for clients, they earn small but consistent margin from arbitrage). This is essentially and investment fund. On the basis of my analysis we are...

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Are any sourcing firms still interviewing?

Back 2 Banking

Thanks, any info is appreciated......................................................................................................

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+15
Buyside Jobs out of Undergrad

curiousinvesting

How do the people who get jobs at places like Silver Lake, Silver Point, and Blackstone do it? Are they just smarter, do they work harder, is it connections? And how do those jobs compare to top banking jobs at GS, MS or EBs?...

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+1
Innovating Deal Sourcing Funnel

Xepa

Hey everyone! I'm working at a corporate VC and am in the process of rehauling our entire sourcing process hahaha. Currently using Excel 365 with Power BI, and everything is so boggled down and slow and buggy it's terrible. So basically, in my ideal world there's a form where startups can enter the...

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+1
European Waterfall Compensation Expectations

PEbananas

Does anyone here work at a PE firm that has a European Waterfall distribution structure? AKA carry isn’t realized for the GP until the entire fund reaches carry, rather than individual exits. I’m wondering how compensation/bonuses are for a fund with a European Waterfall, considering the fund ...

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+1
Help Me Pick Between Two Very Different Options

wsoburner3

I'm sorry for using a burner account but I don't want to give anything away here. I'm current a banking analyst and I'm weighing three options for a new role next summer (2019). I would love to get input from more experienced folks as they're a little different. I think long-term I would prefer to w...

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done!done!done!done!vvdone!

dbcr98989

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+4
Should I give up on trying to move from tier two consulting to blue chip PE and instead shoot for banking?

Back 2 Banking

I'm a year and a half into the job and have been working so hard to break into PE from consulting, but it's not working. I'm wondering if it makes sense to just call the two years a wash, reach out to fellow alumni of my undergrad, and start over in banking as an analyst next summer. Will a reset b...

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+1
HBS Search Fund Conference Today

SearchFund123

Using a throwaway here, though I am a consistent poster - anyone at the HBS search fund conference today (hosted at HBS) and want to connect during the networking cocktail hour? I am considering raising a search fund and am always looking to meet fellow monkeys. Thanks!...

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+3
Lost in my career (Advice needed)

dontbugme

I don't want to make a super long post but hoping to glean some advice from the forum given folks here are quite knowledgeable and helpful. Long story short, I was a typical monkey who thought he had his life together. I went to an upper ivy (HYPS) and then MBB for 3 years and then started a UMM P...

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From HF to PE with no prior banking experience

Anonymous Monkey

Folks, Anybody has experience with moving from value investing HF to PE without prior banking experience? Went from no-name undergrad straight to HF thank to an unconventional background, but now 4 years in am looking to switch, but concerned about the structured pedigreed recruiting process for P...

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+19
2020 On-Cycle Recruiting Anecdote

banker832

On-cycle PE recruiting is a nightmare. Your sense of self-worth becomes tied to a result that is ultimately out of your hands. Rejection is inevitable and crushing. Remember this is a small step in your career and working in private equity is not actually that sick. From my understanding, it's a lot...

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+18
Moelis NY placements for this cycle (HF and PE)?

ProspectiveMonkey12345678

Hello everyone! I will be interning at Moelis NY in Summer 2019 and was just curious how well Moelis analysts placed this cycle. Appreciate any information regarding this!...

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+2
Need help with a Growth Equity Sourcing Test

consultantburner

Hi everyone, Created a burner account for the sake of anonymity. I'm interviewing with a fund (think TA/Summit/GA/IVP) that asked me to source a few companies that fit these specific parameters: - $15mm Revenue - Double digit growth I have identified a few consumer, enterprise IT and securit...

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Carry Timing

wellfunded

Two questions regarding how carry usually works at middle-market PE funds, particularly at the Sr. Associate / VP levels: 1. If you join a firm when the current fund is 50%+ invested, do you still get carry (assuming you otherwise would)? Is the amount typically reduced proportionally, or how does ...

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+1
Calculating Investor Gross IRR where you have cash inflows before outflows

newmantim2006

We have a new fund (1 year old) which uses a revolving line of credit to fund investment purchases. We used the line multiple times before we called capital from Investors for the first time. Investors received distributions before they ever contributed capital. Because of this, there is no initial ...

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+3
Credit to PE

bubbaliciois

I'm an undergrad who will intern at a credit fund at a larger PE firm like Apollo/Ares/TPG/BX/Bain/KKR. I'm not sure if credit is what I want to pursue long term, and don't know about placement yet -- I could end up doing anything from distressed to CLO to direct private credit investing. If I want ...

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+1
KKR Real Estate Credit Team

tim.67879.tim

Hi all, I have a first round interview coming up with KKR's Real Estate Credit team and I was hoping someone here could shed some light on what to expect/how I should prepare. Any help is appreciated! Thanks, Tim...

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+2
Fundless Sponsor Launch

IBDLM

WSO Members, I am launching an Independent Sponsor (Fundless-Sponsor) firm to focus on Lower-mid market deals in the US and Canada, and I was interested in receiving feedback from the community regarding interest in partnering with me on a part-time or full-time basis. I currently have a network of...

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+3
Tiny PE firm or established PE fund of funds?

cone45

Quick synopsis: I don't like my current job so I'm interviewing at a small PE firm and a large PE fund of funds. Is it better to work at a small PE firm or a well-respected PE fund of funds? Company A is a small (20-person) PE firm that specializes in real estate debt. It is hard to find a lot of i...

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Corporate Venture Capital vs Independent Venture capital firms ?

silliconvalleydfsfasfs

what's the pros and cons of starting your career in CVC vs independent VC firms? Will having the brand name on your resume (i.e intel capital, comcast ventures and etc) help you to move to top VCs like Sequoia or Andreessen? or I'm better off starting at a independent VC shop with a good track recor...

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+1
IESE vs HEC MBA?

Adesanya-Oluwafemi

I have 7+ years in Oil and Gas and Power experience across Africa (operations and later advisory) and recently gained admission to IESE and HEC, ideally I would like to switch careers to PE firms that buy in Africa, what school best supports my ambitions and realistically how hard will it be?...

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Canadian PE Phone Interview

xxyahhh

Hi everyone, I just got a PE phone interview from a Canadian PE fund. I knew that I had a weak background compared to other candidates (Did maths in undergrad + accounting in master + BIG 4 Acct Experience + 0 deal experience). I knew that my chance was not big. But still I want to do something. I s...

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Canadian PE - which firms have spring and summer internship programs?

CU04

Hi guys: A quick question please - do you guys know which Canadian PE firms run spring internships (aside from PSP for Quebec schools), and what the timeline for these generally are please? Similar questions for summer - I've seen occasional postings from Brookfield - but is this something they oft...

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+1
OTPP reputation

newkid2019

Hi guys: I'm curious if you've came across OTPP in the past please. Are they good investors? How are they regarded in the market in terms of investment rigor and investment judgement? I understand that in Canada, most PE firms are pensions, Onex, middle market; but how do these pensions differ from...

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+1
Private Equity survey

MissD

Can anyone please help me with a short survey about private equity employees? [private equity employee survey](https://www.surveygizmo.com/s3/4662902/Finance-Employee-Survey)...

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MM/LMM PE Recruting - 2019/2020

Lateral123

Anyone have any advise regarding who the best recruiters are to work with in the space? I'm currently at a MM bank in a regional office as a second year analyst with a few deals closed. The majority of deals being from $200MM-600MM. However, I was fortunate enough to work on a $2.5Bn sell-side that...

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Two Output Variable Data Table?

BangoBim

Hello! I am trying to create a two-variable data table showing two output variables. I have never seen one before but believe it would be very slick. Here is what I am trying to do: Input variables would be hurdle rate and upside split. Output variables would be GP IRR and LP IRR. I am envisioning...

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+1
Reaching out to school alums after headhunter shares name of firm with you?

Did I get ghosted

Say a headhunter said "Firm X is starting a process in two weeks, are you interested?" and I say yes, is it kosher for me to hit up an alum of my school and say "Hey, a headhunter contacted me about recruiting at your firm, would you be willing to talk about your experience there and offer any advic...

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First job experience, PE/VC Tech Focus

theGodfather

Hi guys, first time posting here. First internship experience and have an interview with a little investment team, tech focus. I know the basics for IB interview, any advices on how to master a PE Interview where u should be tech oriented? thanks...

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Baring Private Equity Asia - Reputation?

BankingXYZ

Hear that they recently had a $4.5 billion first close. Anyone aware of their reputation in the Asian PE landscape? Certainly can't be too bad with a first close like that, but how would they compare to American / European megafunds in the region? Thanks in advance all!...

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Haven't heard back from final round interview?

sffinance321

I finished up a final round interview with a fund a couple weeks ago and I thought I gave it my best and got along with the team pretty well. Did think I could've done a bit better in some aspects, but for the private equity recruiting process, it always seems like all candidates can do better. It'...

7
+1
30-minute case interview?

MusicCityBoer

So I have an interview with a smallish PE fund ($1.75bn AUM) tomorrow, and they've asked me to complete a 30-minute case interview over the phone with one of the associates. Looking at a lot of the information on PE case interviews, however, it appears almost all traditional ones give you the inform...

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+1
Portag3 Ventures Toronto?

dbcr98989

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100-Day Planning Examples

startoutfresh

Hi fellow monkeys, I was tasked to lead the effort of drafting a 100-day plan for a new investment. Appreciate it if you can share examples/templates/recommended structures? My internet search didn't return much... Thank you in advance!...

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Tech fundraising - series 7

bobste

Hello, For people interested in pre ipo financing for a tech startup that requires a series 7 what is the typical approach. Obviously it would not be typical broker deal sponsoring as they are not going to be working for a broker dealer. I understand many already are active. For those that have no...

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VC/Tech PE Opps: Non Technical PM at GOOG/FB

mike ross

Hi guys, Just landed a gig at a tech company as a product manager (will finish undergrad april 2019) With recruiting schedules crazily pushed up, I was wondering if recruiting for VC or Tech PE would be possible from my position, and if anyone had any advice on how to best approach the process (a...

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Does Starting Banking Early Help with PE Recruiting?

ImmaYieldGuy

Hi, everyone. I am graduating from undergrad early this December and have been asked by my bank if I would consider starting early because of deal flow. Would you recommend that I keep my travel plans or start working before the rest of my class? With on-cycle PE recruiting moving sooner and sooner ...

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Startup Pitchdecks for Venture Capital

dbcr98989

Does anybody have a good example of a Startup Pitchdeck for VCs? Other than the ones you can find online. anybody mind sharing some of their own? Thanks! ...

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Venture Capital Canada

dbcr98989

anybody knows any good VC shops in Canada beside VC arms of pension funds ? firms like real ventures, extreme venture partners and etc. Thanks!...

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PE Firms with FT Analyst Programs

ThrowawayAcct2

Hey guys, I've done 2 summers in IB at a BB and am interested in doing PE FT. I've heard mixed things about some PE firms hiring FT but I was wondering if anyone had a list of firms with Analyst programs, aside from Bx/Silverlake/Vista/WP/GA/Ares?...

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