Side gig: paid second opinions on deals - ok in PE?
Hi - I work in PE and a (pretty rich) acquaintance asked if I could look at some private deals they get from their bank and give a second opinion. Basically:
- skim the deck
- sanity check the deal
- flag risks / questions
- give an yes/no recommendation
They threw out like $100-200 per deal, super ad hoc. Could be a true one‑off or every now and then if it works.
Questions:
- Is this actually allowed if you’re on the buyside? Anyone here done something like this?
- Do I have to log this as outside business activity even if it’s just once?
- How would your firm react in practice (assuming no overlap with our pipeline, no mnpi, not saying i’m repping the firm)?
Is this an "lol don’t even think about it", or "maybe ok if compliance signs off?"
Idk but if its like once or twice for just $100-200 i would do it without really notifying my firm
Voluptatem voluptates harum saepe porro veniam quo dolore. Rem veritatis eum dolorum possimus.
Voluptatibus repellendus consequatur sed nisi architecto iusto. Magni sunt velit non aliquid. Occaecati dolorem ducimus ad sit excepturi. Est eligendi est doloremque sed quae. Consequatur quis rerum expedita exercitationem magni. Iure et eum officia quos nemo aspernatur.
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...