Silver BananaTopicReplies
+1
Lawyer to PE?

Raider494

Hi Everyone, I am currently an associate at a large firm in NYC. I would like to switch to PE. Obviously, it is going to be a difficult process to make the transition. My question is, what makes me a stronger candidate? CFA or MBA? Thanks!...

4
+3
Who's left for 2020?

cthegr8

Has anyone heard about Bain, Golden Gate, or Providence? ..............................................

4
+2
2020 PE Recruiting Has Kicked Off Officially

Dirka Dirka

Ladies and gents, I have official word Thoma Bravo hired their entire 2020 Associate class out of the East Coast over the weekend. I imagine others are off to the races now too. Be prepared if you have not already gotten word from anyone. Please help provide color if you have any. D ...

1
+1
I have a PhD in Engineering, work in commercial banking, how do i get into PE?

DrMK

I want to make the jump to PE, but my career has been an interesting one. I am still young (mid-20s), I did my PhD in Aerospace Engineering, I did a short stint in one of the largest management consulting firms, and now I work in the Commercial Banking Division of one of the largest banks in the wor...

1
+1
London recruiter coverage

LDNPE18

Anybody aware which HHs are covering who in London? Specifically looking on who Walker Hamill and Dartmouth cover, any insight appreciated...

1
+1
How to network with PE firms if you are currently doing a deal together?

AxeCap007

What is the best way to network with firms that you are currently doing a deal with? I've been fortunate to have a strong amount of deal experience in my first year of banking which is putting me in direct contact with associates / vps/ principals at a lot of PE firms. Should I wait until the deal c...

1
+1
ASKIVY.NEt

FreezyD

Curious to know if anyone has/used askivy.net 3 hour LBO case study and if you still have model answers...

1
+2
GIC Direct Investment Group

mirus

Can anyone comment on GIC's PE division? How does it compare to other traditional LBO funds? Do they really only take minority stakes / co-invest? How would an associate role at GIC position you for other PE roles further down the line? Also, if anyone has insights on the interview process, would ap...

3
+1
Bump in IB Associate pay, upcoming increase in buy side associate pay?

Jonny_1

Give the increase in IB associate pay from $125->$150k first year at most banks to incentivize kids to go A2A, do we see private equity, private credit, and hedge funds following suit if they haven’t already?...

1
+1
2020 PE Interviews

black__swan

So PE 2020 Recruiting has kicked off and was just curious if all interviews go out at once or if MFs will continue to give other interview opps (in addition to the ones that went out tonight)...

1
+1
Buyside Recruiting Kicked Off?

Sc_ary_99

Alright so it seems like interviews for on-cycle Summer 2020 are kicking off tomorrow. Can people chime in and confirm who is starting tomorrow/this week? ...

1
+1
Did I make a mistake in choosing MF?

Gutsforglorys

hello all- So a bit of background, currently a BB analyst heading to a MF next summer in NY and have been feeling conflicted about both the position and the recruiting process recently. To boil it down, the MF position is in a sector specific fund which I do not see myself committing to a career i...

1
0
Anyone here familiar with HIG Capital?

numi

Does anyone here have thoughts on pre-MBA opportunities at Miami-based H.I.G. Capital? In particular, I was just wondering how transaction experience, quality of people, business school placement, and overall reputation of H.I.G. compare to private equity firms such as Audax Group, Riverside Company...

37
+1
PJT Secondary Advisory FT Superday

KandyLand

I've progressed through multiple interviews with various companies, but have landed on PJT being one of the more intriguing options. I have 2 BB internships (only 1 in IB), but really love the concept of working in the secondaries market in a growing group. The super day is this Thursday at the offi...

3
+1
Does anybody have any insights on 3G capital's AB InBev global management trainee program ?

tomford1982

has anybody here interviewed for that program? how's the culture, exit opps, compensation and etc? Thanks! https://www.ab-inbev.com/careers/students/global-management-trainee-program.html...

1
+1
https://www.supplementgate.com/orange-grove-cbd/

gdfyi

Meniscus accidents also are not unusual problems for Orange Grove CBD runners, as well as injuring your ACL (anterior cruciate ligament), or MCL (Medial collateral ligament). Injuring your ACL, MCL, or meniscus can be very painful, and typically Orange Grove CBD calls for a very good jogging knee br...

1
+3
Off Cycle PE Internships

JonnyWallSt3

Does anyone know of firms that offer off-cycle internships in the Winter and offer a good experience? Is it worth it to try to get in touch with people at the MM/UMM/MF shops? Would appreciate any advice. I'm based on the east coast but open to any location....

2
+1
PE Recruiting Help!!!!

n95smiles

Hey Everyone, Heres the story I am interning at a Private Equity firm for the fall semester of my MBA program. The firm I am interning for does not convert interns to analyst as they try to hire people who have worked in the industry a few years. My MBA program will end in 2019 and I was wondering ...

4
+3
Leave Career-Track PE Job for MBA?

CraigDoodly

Hello Friends, I currently am an associate at a private equity mega fund (previously an IB analyst at Goldman). I was hired on for a "career-track" role (meaning not a 'two-and-out' program), so I can stay at the firm as long as I would like. I generally enjoy the firm and the people I work with,...

4
+1
Bain Consulting co-investing in Private Equity client deals

MSquared

I've heard that Bain Consulting (not Bain PE) does a significant amount of co-investing into their PE clients deals. Does anyone know if this is true? If yes, does anyone know the mechanics behind this? Are they investing off Bain & Co's balance sheet? Is it just the partners at Bain & Co? Is i...

1
+1
Antares Capital LP - Leveraged Lending Analyst Interview (Atlanta)

Tidiane

Hi everyone! I have an incoming interview with Antares Capital LP for a Leveraged Lending Analyst position in Atlanta and I need was wondering if I could get any insights. Interview Questions? Company's Culture? Anything would be really helpful. I am an analyst in Transaction Advisory....

2
+4
Maranon Capital Analyst Program?

Buyside Monkey34

Does anyone have any insight into the Maranon Capital analyst or associate program? Saw them on an article on PEHub the other day. Seems like a solid shop that invests Senior, mezz, and equity. Not too sure of it’s reputation but seems to have an analyst program on the investment side, with majori...

5
+6
Ares vs. Golub Direct Lending

DrDebt555

Curious to hear if anybody has anything to share about the pros/cons between Golub's and Ares' direct lending groups. Interested specifically in level of prestige, pay, work/life balance, culture, deal flow, security types (senior vs. subordinated) etc....

25
+1
Lateral to a larger PE shop

Lala777

I am an analyst at a middle market investment bank (think Harris Williams / Raymond James / William Blair etc.) on the West Coast and will be joining a lower middle market private equity firm in the midwest as an associate. I went to a top 15 undergrad school but not having a BB IB on my resume made...

1
+7
Best way to learn PE relevant finance: I've done modeling practice, but it's going over my head

Making Gravy

This is an earnest appeal for advice on getting my finance chops up to speed as I am trying to make up for past laziness and learn what I need to to get out of the hell that is consulting and into finance. Because I have 1y of PE DD for MM/MF under my belt, I have judged that entering MM PE is my be...

57
+1
Pitchbook vs Mergr/Low Cost Alternatives

HowardSchultzEqualsDickFuld

I work for a family office PE firm and have been tasked with looking for a database with comps on the deals we close in the 10 - 50 Mil EV range. I've narrowed it down to Pitchbook and a low cost provider called Mergr. Are you all aware of any other low cost alternatives to Pitchbook? Their products...

6
+5
Doing a second pre-mba Associate stint at a larger PE firm

bluebottles45

I work at a lower MM PE firm and am wondering if it is worth exploring this option once I finish my current program (2-3 years). Let's assume for the sake of the discussion that my long term goal is to end up in a partner-track position at as large a PE firm as possible. My reasoning for considerin...

9
+1
Which PE firms should i be targeting?

wafflefried

Stats - first year analyst in strong but not top group (CS M&A/BAML M&A) - 3.6 from Brown/Columbia/Dartmouth megafunds worth the effort? where should i be focusing (east coast shops)? providence looks cool......

2
+2
Which UMM / MF have started informal coffee chats / receptions?

banker0070

Title says it all. I've heard that last week was full of them but missed the invite train. Would appreciate knowing who I have missed out on so far....

3
+2
Funds Similar to L Catterton

betaboi_1970

Been reading up on funds for associate recruiting and have taken an interest in L Catterton. I want to move into a Buyout/Growth fund focused on traditional Consumer / Consumer-Internet, but it seems as though the vast majority are on the west coast. Any names I could look into that operate similarl...

4
+3
PE recruiting 2020

blahh23

With recruiting season around the corner, I was wondering if people can help with the following: 1. When should we be reaching out and meeting with headhunters? 2. When should we expect actual interviews to kick off? 3. Who are the top 5-10 players in each of these categories (NYC only) -- Mega (>1...

8
+1
PE Recruiting Timeline

wopa

I'm out of the loop on the PE recruiting timeline. I'm currently a first year analyst at an investment bank, but not in a traditional IB group. I have 99th percentile test scores, a degree from HYPS, and completed training with the bank's IB analysts. I realize it's hard to break into PE regardless...

1
+1
Real Assets Investing to Private Equity

kba1

I'm a first year analyst at an investment bank in New York in a division that invests in relatively liquid real assets (not infrastructure) using the bank's balance sheet. It's a relatively small group and there are only a few other analysts in my class, but we completed training with the traditiona...

1
+1
Who are the private equity and/ or private debt funds focused on Smart City, IOT, and/or 5G investments?

an2011

Who are the private equity and/ or private debt funds focused on Smart City, IOT, and/or 5G investments (such as Digital Bridge Holdings, LLC)? ...

1
+5
Worth it to join no name MM PE Fund for the experience?

TrumpsLeftNut

I currently work in corporate finance and came across an opportunity at a middle market no name PE fund in my area. It has strong reviews on Glassdoor but the salary is well below what I'd expect someone to make at a bigger fund. $50k base with $15-$25k bonus. If I worked here for 1-2 years would th...

12
+1
HarbourVest Final Round Interview

sffinance321

Has anyone gone through HarbourVest's final round interview? If so, what was it like and what kind of questions did they ask?...

1
+1
Transition from a middle-market European Bank to PE

bankingpledged

Hello, I am starting my first year as an IB general coverage analyst at a French bank (thinking BNP, SocGen, Natixis) next June. I went to a semi-target undergrad in NYC. Currently seeking advice for breaking into PE (possibly mezzanine/infrastructure fund). Would shoot for mid-size funds since meg...

1
+1
How to follow up after a successful cold call in which an MD says forward resume and he'll get you involved in recruiting?

Making Gravy

So, a couple of times after cold calls I've had an MD say "I'll forward your resume to get you involved in recruiting," and then a day later HR reaches out to me. Sometimes, however, they say that and nothing happens. What then? Do I just follow up on that like I would an ordinary cold email? ...

1
+3
Infrastructure at Canadian Pensions (PSP and CDPQ)

CuriousMonkeyOnHere

Hi guys, i'm increasingly becoming more and more interested in the infrastructure space, especially when it comes to careers within Canada and know that the pension funds within Canada are becoming larger investors in this space. I can find a lot of information about OTPP and CPPIB but was wondering...

6
+16
I've raised money for PE and HFs. AMA

earthwalker7

Hi, I've raised a few PE funds that were very successful at growing their AUM (>$2bn raised). I also headed cap intro for a big Wall Street investment bank, in a non-US region. I've also been involved subsequently in several consultancies for capital raising, and in several failed PE capital raises....

62
+1
HGGC Headhunter

ConsultingPrimate

Anyone know which headhunter is running HGGC’s recruiting process? I know it used to be Amity, but HGGC’s name is no longer on the list they distribute to candidates....

1
+6
How to raise a fund - what I know, and what I'm clueless about

earthwalker7

Hey all, I enjoyed the AMA on furndraising before, so I thought I'd share what I've learned again, but also to ask for help because in fact there's a LOT I don't know about fundraising and can learn from you monkeys. **What I've Learned** * fundraising is 65% product, 25% market, 10% process. ...

4
+1
Sponsor/Strategic consortium - How does it work?

hucky

Hi all, in view of recent deals like for example the CVC/Messer acquisition of some of Linde's American assets, I'm asking myself: How exactly do those Sponsor / Strategic consortiums work out? The general rationale is clear to me, but I wonder especially about the moment of exit. If (in above exa...

1
+1
Model Balances but...still kinda wonky. Can anyone provide some insight?

enterthemonkey

Yes I've searched the forums. Yes I've applied all the rules and advice to my model. Yes I've printed out my B/S, went line by line, and scrubbed the ENTIRE model for inaccuracies. Yes, I'm retarded. The details: I've gone line by line and made a couple of adjustments to silly common errors until m...

1
+4
FT PE Analyst from Undergrad

FinanceWizardry

Hey everyone. I've seen a couple of posts like this, but nothing specific to my situation. TLDR: I want to begin the process of networking/preparing to be recruited as a FT PE Analyst when I graduate, May 2020. Any tips to a college junior in this position will be appreciated! More detail below. I...

7
+40
2019 On-Cycle PE Recruiting: Headhunter Ranking

Theo_Epstein_2032

Recruited on-cycle in early December and signed with an upper MM buyout fund in NYC starting Summer 2019 (flagship fund size: $6-9 bn; AUM: $20-40 bn). Lazy Friday in the office and wanted to contribute here somehow - figured one helpful angle could be an update on the relevancy and efficacy of var...

36
+8
2019 Blackstone SA Timeline

summer-intern

Does anyone know when Blackstone is planning on opening their applications for the 2019 SA position? What does their timeline look like? ...

57
+2
Only way to enter PE is via Headhunter?

Chicago60007

Hello, Not coming from I-banking so I already know everything is working against me. Still going to try though. Quick question though, is working with a headhunter the only way to land a job at a PE firm? Can you email the firm on the application process at all? Or is finding a headhunter the only ...

8
+4
Different headhunters reaching out to different people at same firm?

Peyexogi

Hey everybody, currently working as a first year in an MBB shop in a non-PE heavy city (big city but not NYC, SF, Chicago). Headhunters have started reaching out, but different people within the office and people across nearby offices have been getting different headhunters reach out. This is the ca...

6
+2
Growth Equity recruiting undergrad

Keepingitreal

Hello, I'm a current sophomore at a top target recruiting for summer internships, sophomore summer internship currently and junior summer internship next spring. Would like to join as a growth equity analyst after graduation. My questions -What are the technical questions/knowledge I need to prep...

4
+1
Has anyone heard of WAVE - Annual Women in Alternatives Career Forum?

ppppppppag

Debating if I should go and if there are any useful networking opportunities. Please let me know if you have attended. Would really appreciate....

1
0
Rhone Group

CallmeSir

Hi all, Any insights on Rhone Group? http://en.wikipedia.org/wiki/Rhône_Group Thanks!...

18
+1
CSC Generation PE Associate - Anyone familiar?

Alphabet Soup Capital

Anyone familiar with CSC Generation? Searched through the forums and couldn't find anything on them outside of a post from someone asking for help with a case study that sounded similar to the one they ask you to complete during the initial screening process. The firm appears to be relatively youn...

5
+1
Carlyle Distressed/Special Situations

Debtguy

Does anyone have any insight on this group? There seems to be little to no information out there apart from their website. Topics of interest include mandate, performance, comp, hours, etc....

2
+1
Thoughts on TPG Sixth Street Partners

BankMeUpScotty

Does anyone have any insight in TPG’s Special Situations Group? Couldn’t find much on WSO but seems like the team operates multiple strategies (distressed debt, real estate, infra etc) and have a pretty flexible mandate overall. From what I’ve found on internet it seems like they have managed ...

2
+6
Private Credit Funds

threescreen

Can anyone discuss their experience working at a private credit fund (senior loan fund, BDC, etc.)? In terms of exits, I've read that most people tend to stay in industry, but what other opportunities are possible with private credit investing experience? ...

41
+2
Categorizations of debt in LBO

theotter

If a typical LBO has debt providers defined by the following levels: Revolver Term A Term B Senior Sub Mezz At what point does lien 2 start? Said another way, can Term A and B both be considered first lien? Then, would senior (whether secured or unsecured) be where the second lien starts? Or, is...

4
+1
NewCo LBO

jamaikin06

Hey Guys, Hope everything is well. I just have a quick question regarding LBO structure. When you create the usual LBO structure (PE fund and debt provider -> NewCo holding -> target company), i’m Not clear about the NewCo part. Should the NewCo EV be the Target EV or the Target Equity Value? ...

1
+5
Vista Equity Partners Analyst Program

MarthaStewartsAFelon

I'm doing an summer analyst internship at a MM bank right now. Me and a bunch of other people in my class got a blast email from a recruiter a VEP about summer networking events they're having in Chicago and NYC this month. I applied and (surprisingly) was invited. Does anyone know anything about V...

23
+1
Tides Equities - heard of them?

EMIES

Wondering if anyone has heard of these guys: Tide Equities https://www.tidesequities.com/ "Tides Equities is a leading Commercial Real Estate Investment Company focused on investments throughout the Western United States. We specialize in well-located, Class-B and Core Plus multifamily real estate ...

1
+6
Work on the deals side or support of the Portoflio

abb5134

Would you rather work on the deal side or support the portfolio companies? Ceteris paribus - pay, hours, lifestyle etc. ...

11
+1
Seeking people with PE, VC or IB (M&A) experience in Argentina

The Pharma Guy

Dear all, I am looking for people who have had experience in M&A, PE or VC deals in Argentina and by that I mean practical work (as in worked on making the investments or helping execute the deal). The cherry on top of this pie would be if this experience has been in agrochemicals, chemicals, pharm...

1
+19
Just got laid off from my 3rd PE job in 4 years - help!

TMoneyNY

I just got laid off from my 3rd PE job in just over 4 years (all MM). I am pretty devastated as I thought this was the one I was going to stay at for awhile. This time I was a VP (first two as Associate and Senior Associate), and was laid off after less than a year there. Last two PE firms were bout...

36
+3
LMM PE Opportunity: Do I take it?!

MandAlternatives

Hi All, The WSO forum has always been one of my go-to’s for career info. While most of what I have picked up is from other threads, I’m hoping to get some more specific career advice. I’ve networked like crazy to unravel an opportunity that sits in front of me but I figured it couldn’t hurt...

8
+1
Top Recruiter in PE contacted me, not returning my calls or email

SamHarris

A Managing Director of a top PE Recruiting company in NYC contacted me about 3 weeks ago and asked if we could connect by phone. She added that they were working on a search in a certain sector and wanted us to discuss this. I was so thrilled when she reached out to me but all changed when I called ...

1

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