Secondaries Case (Take-Home)
What should I expect for a secondaries case (take-home)?
Trending Content - Private Equity Forum
| +91 | Cognitive decline | 29 | 2h |
| +55 | Vibe-Working in Finance with AI ? What about you | 34 | 19h |
| +49 | Del | 26 | 2d |
| +44 | PE VP: Thoughts on Quitting with Nothing Lined Up? | 15 | 1m |
| +18 | How do PE funds choose their advisors? | 8 | 21h |
| +18 | Acquisition Deal Structure: More Cash at Close vs. Smaller Equity Rollover in a Holdco | 3 | 3d |
| +17 | Is buyside worth it if most associate programs are 2 and out? | 4 | 4d |
| +13 | Management consulting or munis? | 6 | 4d |
| +13 | How Cooked is Software PE? | 1 | 2d |
| +12 | Indian PE Landscape | 2 | 1d |
Career Resources
You gotta describe the role more? LP stakes, GP led? Credit? Equity? What we talking about
LP and GP-led
GP led expect traditional LBO. You’ll have access to the information from the GP, LP stakes are more nuanced, market research , determining what discount is appropriate. What asset class?
Thanks! This is for PE - buyout. An LBO for GP led side is what I would expect. Any more info related to an LP led case?
LP stakes, for me is about modeling the waterfall, you may have minimal information, if the LP is sensitive you may only get a cap account and a financial statement, you could get underlying portfolio updates 1 pagers that present some financial metrics.
For example we gave an analyst a financial statement that didn’t break out the underlying portfolio of loans / pref equity. We just gave the industry and asked them to come up with a general thesis based on that , recommend a discount etc.
I’d be interested to see the case study once your done if you can share anonymously
TY
is that a no burger to sharing lol
Maxime dolor porro quos consectetur laboriosam omnis. Dolorem at ipsum sunt. Quo numquam pariatur accusantium qui vero exercitationem unde. Blanditiis aut ab cumque sit ut rerum.
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...