At one of the major FOF's but an intern so take this with a grain of salt.
But secondaries is hot rn because it's harder to exit out funds currently and so many GP's are either carving out prized assets into special vehicles to 'manage' them for a longer period OR LP's are in need of liquidity and are selling out to other secondaries buyers. The role is quite qualitative like manager research and so forth but also involves some niche modelling like taking the largest asset and modelling that or fund level modelling more commonly. Pretty Chill hours for the most part.
Odio laborum quis amet voluptate qui et. Omnis sit cupiditate nostrum suscipit est non mollitia sunt. Quidem quas molestias vitae inventore placeat.
Voluptatem sed dolores id sit odit nam aspernatur. Vel nobis nostrum deserunt autem odit. Corporis laboriosam nulla necessitatibus velit nihil molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
At one of the major FOF's but an intern so take this with a grain of salt.
But secondaries is hot rn because it's harder to exit out funds currently and so many GP's are either carving out prized assets into special vehicles to 'manage' them for a longer period OR LP's are in need of liquidity and are selling out to other secondaries buyers. The role is quite qualitative like manager research and so forth but also involves some niche modelling like taking the largest asset and modelling that or fund level modelling more commonly. Pretty Chill hours for the most part.
Hope that helped.
Odio laborum quis amet voluptate qui et. Omnis sit cupiditate nostrum suscipit est non mollitia sunt. Quidem quas molestias vitae inventore placeat.
Voluptatem sed dolores id sit odit nam aspernatur. Vel nobis nostrum deserunt autem odit. Corporis laboriosam nulla necessitatibus velit nihil molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...