I’m applying for a PE secondary advisory role at a placement agent. They advise on both GP and LP led deals. The job description states that the role will involve a significant amount of financial modelling and wondered if anyone could confirm what type of modelling it will involve?
For your reference, here are the responsibilities the job spec states:
- building complex financial models
- performing cash flow analysis including waterfalls
What specifics do you think this means? thanks.
If you're working on a single asset GP-led, the models that the brokers/bankers provide and have ownership over are full blown operating models.
Exactly as m8 said, full-blown operating models with a GP/LP IRR and MOIC calculation on top (which is the waterfall being referred to).
Correct, sorry forgot to add that. Full blown operating model with single asset SPV economics on top. Potential follow-on capital for future M&A also included.
Thank you do you know of any practice models I can look at that might be similar to this?
Ad quod tempore accusantium velit. Facilis nihil et eveniet. Commodi corrupti omnis eligendi quia aut laboriosam quasi quam.
Soluta aut nesciunt nisi nesciunt. Recusandae porro quasi tempore deserunt. Ipsa mollitia provident qui voluptates inventore ea voluptas. Non mollitia eaque magnam. Rerum et blanditiis possimus quis explicabo in accusamus. Mollitia atque molestias nobis itaque. Sit doloremque aspernatur dolore fugiat et vero ut vel.
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...