PE secondaries case study interview

Hi, I’ve got a case study coming up for an investment associate role with a fund focusing on LP-led secondary transactions.

I’ve been told that The fund uses a bottom-up approach to valuation.

Does anyone know or have experience with:

i) If there’s anything to expect in a LP secondaries case study like this beyond the obvious
ii) The kind of modelling/valuation approach to be comfortable with and to expect for a role like this
iii) Anything else in particular to focus on when preparing?

Would really appreciate hearing from anyone who either been through this process, or works in secondaries and knows the details/technicals of what is typically tested in these secondaries case studies?

Many thanks in advance!
 

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