Silver BananaTopicReplies
+2
Private Equity Fundraising

johnmark2289

Hey - I work in sales at a private equity fund. I help fundraise for our funds. I mostly work with portfolio managers and large investment advisors. Any advise from people here as to how you have been successful in a fundraising role at a private equity fund? ...

32
+6
SoftBank

INeedASpaDay

Recently I've seen softbank ramping up its hiring with a lot of pe associates/ib analysts/consultants. Anyone know which headhunter(s) they use? Any ideas on comp/hours/etc? Thanks....

15
+3
Private Equity vs Private Credit

and0ne101

More of an open ended discussion, what are the differences in looking at a company from an equity perspective vs a credit perspective? Why do individuals look to go into equity rather than credit or credit rather than equity? What types of professionals best fit each category? Are they both equall...

5
+1
Private Trust Company vs Family Office

Sham Wow

I was just wondering if anyone has any insight on the differences between a Private Trust Company and a Family Office. I tried searching it but anything with the word "Private" is a pain to find on the WSO search. Please let me know if you guys have seen the difference or not first hand....

1
+1
How to move after Super Day?

GhostKoi

Hey guys, I recently had a Super Day at a PE mega fund for a Junior Year Summe role and everything seemed to go extremely well. About an hour after, the analyst reached out and asked if I had any offers outstanding or if I needed to act on anything soon and what the timeline would be. I figured th...

1
+5
Thoughts on Unique PE Interview Question

nightowl777

Came across a technical question I've never seen the other day in an interview. Wanted to see what thoughts you guys have on the best way to have answered it: 1. You have a company that is $100M in EBITDA and throws off $100M in FCF every year. 2. This Company never grows or decreases, no matter wh...

12
+1
CCMP Capital Advisors - Any Info?

rubicon367

Anyone have information on this PE shop? They seem to be pretty legit, but I can't find much on here about their rep, exits, interviews, etc....

1
+1
Centerbridge Real Estate Fund

jameshill

Hi all, I know Centerbridge recently raised a real estate dedicated fund and I was wondering if anyone knew any details on it - are they a PE fund primarily for hard asset companies, or are they mostly buying individual real estate assets and debt? Where do they rank for learning/prestige/pay among...

1
0
Hertz LBO solution

Marie90

Dear WSO community, im desperately looking for the Hertz LBO solution (Harvard Business Case). Can anybody help me? Thank you so much ...

13
0
HBS Hertz Case Solutions

AnonymousUser33

Hey everyone, Im starting a PE job next week and will be doing heavy LBO. I need to practice as much as possible, so I bought the HBS Hertz LBO case(2005). I am looking for the solutions for it, but Harvard wont give them out BC people love cheating. Can anyone provide me with some material? Th...

5
+1
Purchase of a PE Portfolio Company

snowywhite

Hi all, This is probably a rather uncommon question, but likely interesting for some of you. I am currently restructuring a PE Portfolio company of one of the megafunds in Europe. I am doing this through my own consulting company as a CRO on a per diem basis. It is a production company of industri...

1
+1
What schools have the largest student-managed investment funds?

GibbonAwayNow

I've been unable to find a comprehensive list of student managed funds at both the undergraduate and MBA level. Would anyone here happen to know which schools have funds >$1 million?...

1
+1
Anyone Else interviewing/has interviewed with Prudential capital group?

maxwell95

I'm an experienced hire, interviewing for their direct lending group. Interviewed Wednesday, thought it went alright. Sent a thank you but still haven't heard back. I'm posting this because I'm wondering how long they usually take to get back after first round phone interviews. Keep in mind this is ...

1
+1
How screwed am I for a career in banking?

DfhaJjjxx

Hi everybody. I am currently a sophomore at a top 15 private university. I was originally a pre-med student (majoring in neuroscience), but I have decided that finance and banking are more interesting and rewarding. The problem is that I have taken basically no economics/math courses, and I have to ...

2
+6
PE > Startup > ?

h3dgehog

Some of those on this forum may recall my "how I got to the buyside" post, but for those who haven't, I am an associate at a private equity firm focused on a very niche industry. While life at my firm has been great, I have been dabbling in the startup world by cofounding an early stage startup wh...

13
+5
Dallas PE Funds Opinions/Insights?

tempdallaspemonkey

It seems like a lot of the Dallas-based funds are kicking off their process for 2019 start associates. Anyone have any opinions/insight on the best funds in terms of dealflow, culture, returns, b-school etc.? Funds that I've seen include Insight, Trive, Kainos, CenterOak, Redbird, CIC, Gauge, Lonest...

22
+3
PE Sourcing Analyst

ksk2018

I have an interview upcoming for a sourcing analyst position at a MM PE firm. The job description says 60% of time is spent on sourcing while the other is spent modeling. Can anyone comment on whether this is a good way to break in and eventually lateral to an actual PE or IB role? Any idea what com...

8
0
Can anyone provide some context on Newbury Partners?

ibornah

Hi Guys, Wondering if anyone has any context on Newbury Partners (Stamford, CT)? Culture? Entry-level comp? Hours? They invest in the PE secondaries market. Exit opps after this type of work? Thanks!...

2
+1
Sophomore at Target, thinking about 2019 PE SA

isopropyl

hey wso. i've been getting more and more interested in PE as a path for after college, and have been reading from other threads that FT PE recruiting straight out of undergrad is really tough. would the best option be SA after junior summer then? i'm at Penn and i'm doing consulting with Strategy& a...

4
+1
Benchmark International Experience

Cav21x

I've come across what feels like a boiler room M&A brokerage for the lower-middle market called Benchmark International, and I'm curious if anyone has done any work with them in the past and could speak to their experience? https://www.benchmarkcorporate.com/ I received a quarterly opportunity de...

1
+1
Infrastructure Private Equity - Interview help

Vz

Just wondering if anyone on WSO has had PE interview experience, or working experience with Infrastructure private equity? I did a search and I haven't found too much on the topic, except high level details on one or two top funds. I'm curious what kind of questions (both qualitative and quant) you...

18
+1
PE Investors relations-infrastructure

layah27

Hi all, I have an interview coming up for a Junior Marketing and Investor relations role in PE Infrastructure Fund, in a Big Asset manager Group. They told me that will meet several members of their team and prepare a short case study ( ca. 5 hours for the interview). Could you let me know what to...

1
+11
PJT Secondary Advisory FT Analyst?

justachimp2

Hello everyone. A bit new to WSO in that I have not officially posted before. I recently received a first round interview invitation for PJT Partner's Park Hill Secondary Advisory Group in NYC. I interned at a BB this past summer. I have not been able to find much information online since PJT Partne...

54
+1
investment banking analysts for workflows

purvi

We are a creative+tech studio and we're looking to create some tools to help with the rethinking of pitch books. We would like to interview analysts, associates, or grad students who are involved with pitch books. Our questions will mostly be around the process, pain points, and automation hacks. We...

1
+1
Path to VC as a lawyer

cybertron69

Hey, I need your help. I'll have to decide which of the following five options is the best to help me on my way to becoming a VC analyst/associate. I studied law in a European country and should have dropped out and changed to Economics or CS but unfortunately I didn't. While I'm pretty good at la...

1
+5
Private Credit Case Study

Gainalyst2015

I've got a pair of case studies coming up in the next two weeks for private credit funds. These funds are both large ($25B+) and I'm interviewing for the direct lending groups. Anyone have any insight on what a case study would entail, how to differentiate myself, etc.? I know the format of one, the...

7
+8
Private Equity shops with the best work/life balance

Anonymous Monkey

Interest to know what New York PE shops are known for the best work life balance. Currently a consultant at a major strategy consulting firm and am interested in making the switch to PE but don't want to work banking hours. Where should I begin my firm search?...

31
+5
PE recruitment process in London

paydownmonkey

Fellow monkeys - have been lurking for a while on this forum but have yet to see this question answered comprehensively so i'm popping my WSO cherry. I am looking for more colour on buyside recruitment in London. I have landed a full-time offer at a BB in London after a SA stint so may be jumping th...

3
+1
Partners Group-Private infrastructure department

layah27

Hi, Everyone, has anyone had an interview at Partners Group in the Marketing and Investor Relations role within the Private Infrastructure? Please, could you let me know what was the case study and the questions they asked you? Thank you for your reply. B...

1
0
Top PE Firms in Specific Industries

EbitdaxREIT

What PE Firms dominate in specific industries (Technology, Healthcare, Media and Telecom, Industrial Verticals, Financial Institutions, Real Estate, etc.)?...

1
+6
SoftBank Vision Fund / GIC / Temasek

zyxvzyxv

I know that these three seem like a random grouping of firms, but I wanted to see if the WSO community has a view on where they stand in regards to US PE Investing from a investment performance, career development/platform, and overall strategy perspective. A little surprising how there's close to n...

20
+17
Investing in Private Equity

Confused Young Adult

Hi everyone, To give you some background, I recently inherited around $2.0 million from my passed grandfather. I am looking into investing this money, but am rather skeptical of the market at the moment, and bond yields are very low. Of course, I will still diversify some money into those two, but ...

53
+12
Family office Private Equity - help

lifeinpe2017

Would you work for a family office that does PE? What is the pay difference between direct PE and 'normal' pe? Please help!...

26
+5
West Coast Private Equity Firms with Great Lifestyles?

Monkeyfresh

Hi, I am starting to look into private equity associate recruiting, and an important factor to me is work/life balance. More specifically I mean: - ~60-70 hours a week in the office give or take - minimal weekend work - relatively relaxed office culture -any other company specific perks? Intere...

19
+1
Email Format - Advent International

creditrevolver

Monkeys, Title says it all. Anyone know email format for Advent International? Focused on Boston or NYC, if that helps. Tried [email protected] but no luck. Cheers, HB...

2
+3
Blackstone Investor Day Takeaway

hydroflask96

Recently watched Blackstone's Investor Day presentation and am amazed at the Blackstone platform. Some key takeaways: 1) Blackstone is starting a dedicated life-science private equity fund 2) Blackstone's highest performing investment team is not PE, Tactical Opportunities or Real Estate but their...

8
+1
Investing in intellectual property?

Yellowcake1

Does anyone know any instances of PE shops buying patents or other forms of intellectual property? I imagine there would be a great price range which might be of interest to investors, but with the downfall of illiquidity. Any thoughts?...

1
0
http://www.healthaware1.com/vigenix/

Hooinw201

Take care of your health and physical condition. If evolutionary biologists are right, good muscle tone, clear look, purity, shiny hair and healthy curves will attract men. - Stop worrying about your weight and instead emphasize your waist. There are plenty of clothes that will help you get the look...

0
+1
Relevant Questions to Ask in Headhunter Initial Meetings

Disney Disciple

Hi All, When going into initial headhunter meetings when they ask "do you have any questions for me?" - what are some good questions to hit them with? Would really appreciate any advice! Disney Disciple...

2
+1
Capital Markets Internship Opportunity @ PERE Top 50 in Bay Area

Big Riggerson

WSO Community, Bridge Investment Group is starting the process of hiring an intern to work with the Capital Markets Group for the summer of 2019. The opportunity is one that will get you intimate face time with key persons at the Firm and your work will be meaningful. Reach out to [email protected]

1
+1
WSO - PE Guide - Full LBO Example 1 vF - Balance Sheet and Depreciation Schedule Questions

Making Gravy

Hi, sorry if this should be in the product reviews forum. *Balance Sheet Questions* 1) What is Capital in Excess of Par Value in this context and why is it just subtracted from itself when calculating PF Year 0? 2) Why are advisory fees multiple by *1 - Tax Rate* when calculating retained earnings?...

4
+1
HarbourVest Direct Associate Interview

sffinance321

Has anyone done the interview for HarbourVest's direct associate role? If so, what type of questions were asked in the first round?...

1
+1
STG Associate Interview?

sffinance321

Has anyone had experience recruiting (1st round) with STG in San Francisco? If so, what was the interview process like for associates and what is the best way to prepare?...

1
+1
Venture Capital Case Interview

Moore-Harris

I have been lucky enough to get through two rounds of interviews for an analyst role at a VC and am now going to be given a case to complete in a set amount of time. Can anyone give me some advice on what I should research/prepare for?...

1
+2
Carlyle internal referral network - had a call with an MD who set up a call with a hiring principal - what to expect?

Model me not

Title says it all. Had a call with an MD who said he didn't coordinate hiring but he'd put me in touch with a principal who did. Now I have a call with a principal and not sure what to expect. I realize it's not on cycle. Could be a call to set up something FOR on cycle? I'm a 2nd year analyst who m...

1
+1
From Real Estate Broker to Real Estate Investment, CAIA or CFA?

RE_Burman

Hey All, Thank you for your time reading this. Your constructive feedback here would mean a lot in shaping my future. I graduated with a **non-finance degree.** I've been working as a **real estate broker** / salesperson, where my duties are marketing, networking and sales. I **intend to start a...

1
+2
KKR Leveraged Credit SA Interview

smartypantstest

Does anybody know anything about KKR's Leveraged Credit Group in SF? I have an interview and want to know also know if anyone has any knowledge about their interview process. Thanks!...

2
+6
Pay in Venture Capital? Advice on breaking in?

earthwalker7

Has anyone info on pay-scales in VC? Are there any cases where VC starts to approach the levels of comp available in PE / IBD? In terms of career progression it seems most funds push out associates after their tenure, and then only hire at the principle / VP / dir levels from people who have starte...

16
+1
MM PE out of college

palmtree34

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx...

2
+1
Which sub-sector of Finance gives you the best "generalist" business skill set?

technocrat

Harvard Business School published an article recently that said they want candidates who are seeking a 'generalist' skill set - people who are capable of success and leadership in a variety of environments - as opposed to those looking to excel in a very specific niche. A lot of kids go into finance...

4
+1
What to say to PE recruiter in cold email

n95smiles

Title explains it all any input would be much appreciated. My story is that I am interning at a PE firm that does not convert interns to analysts. Wondering when the ideal time to reach out is and what to say. Thanks. ...

1
+1
Is “preferred start date” ever a trick question or a criteria for candidate selection by headhunters?

Making Gravy

I have a HH asking if I have a preferred start date of 2019 or immediate when presenting an opportunity. Is it wise to say immediate? Not sure if this is ever a loaded question....

1
+1
Growth Equity Interview Resources

Process Monkey

What are some of the best resources available to prepare for growth equity interviews? I've looked through some of the past threads and many of them were responded to by somebody sending the original topic creator a PM. Unfortunately, as those threads are more than a year old, not sure how helpful i...

1
+7
Pre-MBA Private Equity Associate

curious_monkey

What are some options after a 2 year pre-mba associate program at a middle market PE fund in a 2nd tier city? Can I lateral to a different fund in a different city? What level would I expect to join at? Do I need to get an MBA after the 2 years or can I advance with the PE industry without an MBA if...

28
0
Commonfund Capital

foglio

I know it's a fund of funds, but can you learn any transferable (i.e. to PE, VC, HF, etc.) skills working there? How are the exit ops?...

5
+1
Private Equity Analyst out of undergrad or banking?

wondabread

I think I'll have the ability to work at a small MM PE firm (500M raised) out of undergrad. How would this compare to a MM IB job when it comes to staying in PE long term and potentially getting an MBA after a few years? Will the lack of banking experience make myself less attractive to larger fun...

1
+1
Biggest headlines in PE Media & Telecom

cthegr8

Today, I received an offer to chat with a media & telecom MD at a large fund. The conversation is tomorrow nad I am not prepared because media & telecom is not my area of expertise. I am going to spend until tomorrow getting smart, but I am hoping: 1. Can anyone please recommend topics to research...

1
+2
New VC Fund Comp

SteveJerbs

I have an opportunity to join a new seed stage VC fund by a successful entrepreneur in the Bay Area and I've been trying to figure out what comp structure and amount to ask for. It's a $60M fund with 1-2 GPs and I will be brought on as a Jr Partner/ Principal (but titles don't really matter since it...

7
+6
Why is OID considered a use of cash (LBO)?

energeticowl

Hey guys, Been thinking about this problem for the past few hours. From a balance sheet perspective, I can see why an OID would be categorized the same as something like a financing fee, where it is netted against the debt financed and amortized over the term. However, there seems to be a conceptua...

8
+1
Private Equity/Hedge Funds based in Seattle?

PTH85

I'm currently a first year investment banking analyst and am beginning to think about upcoming recruiting for PE. While I know I want to stay on the west coast, I wanted to get an idea of whether there are any strong exit opportunities in Seattle (what industry, what firms, etc), or if opportunities...

10
+1
Raising Capital/Small Fund

futureREmogul

Who are the best passive investors? I have people told me doctors, some lawyers, owners of small businesses. Who do you guys think?...

2
+3
Best division at Blackstone?

DTyson

Since applications for Blackstone SA London should be opening soon, I wanted to get some info on the different BX divisions. From what I've found on WSO, there are only a couple of posts discussing individual divisions, but how do they compare with each other? Which BX divisions are the best to go f...

10
+1
Private equity portfolio operations

gibsonles

Hello all, Had a general question for folks on this forum. I've been in consulting for a while now (T2 firm) and am highly interested in private equity portfolio operations based on my experience with dd's and portfolio company strategy projects. I know for traditional PE deal-team roles the recru...

2
+6
Setting up Shop, How do you pay bills?

Moistheman

I'm not setting shop I'm Still a student actually but I've always wondered for the people that go all in and attempting to set up their own PE or REPE fund and all fundraising and initial setup fees, how do you guys survive ? Savings? Living off partners comp? Etc. I mean you still have to pay bill...

15
+1
Starwood

Anonymous Monkey

Anyone know of LBC Credit Partners, HQ is in Philadelphia. PE Debt Fund, mostly senior secured I think. Fairly large I believe in AUM and staff. Curious if anyone knows of their reputation in the market, culture, pay, advancement opps, etc.? Thanks in advance. ...

1

Pages