Starting PE fund (growth equity)

We are a team of 5. 2 former investment bankers, 2 from M&A Law and me. Other 4 guys are 15+ years older than me. I have experience in the field about 3 years. I've raised equity and debt through bond issues (front runner), private and public placement and been the front runner of two ~25 mm real estate deals in CEE (we issued subord debt to acquire cash-flow properties).

We are starting a PE growth equity fund and we are about to close our first LP commitment (a Major public institution in Europe) after which we will have a few local pension fund commitments behind us. Expected fund size will be 100mm.

The four partners have trust in me and they have proposed me to be the front runner and public image in this endeavour. I'm familiar with PE basics, so i know the investment process roughly. What I'm having issues with is coming up with a good sourcing strategy. Are there any good guides, books, articles or any information that could help me come up with one? Also, a sort of checklist of how to get the new fund running and what are the initial steps would really help!! I've looked around the internet but they don't put much emphasis on sourcing and actual first steps.

We obviously have a throughout prospectus, fund strategy, legal structure, corp.gov. etc. already figured out - otherwise we wouldn't get the LP commitment. But it's all on paper and I would highly appreciate if you could guide me to information that would help me with first steps in real-life.

2 Comments
 

Et ex repudiandae fugiat quasi ut iste commodi. Ut repudiandae doloremque vitae repudiandae.

Ut tempore ipsam pariatur nobis voluptas quidem et. Culpa voluptatem ratione blanditiis velit. Quos et asperiores sapiente esse nesciunt enim. Sit saepe ut quia nesciunt maiores exercitationem aliquid. Consequatur similique dolorum ea doloribus earum. Repudiandae molestiae molestiae doloremque vero laboriosam in.

Similique veritatis et facere eos. Dolore eligendi occaecati sunt culpa est suscipit.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
CompBanker's picture
CompBanker
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”