I work for a PE fund.. and the MD has told me that If i like the company, the deal can potentially go live? What does this entail and what is the difference between a deal and a live deal?
| +231 | Who Killed Wall Street | 65 | 2d |
| +194 | Worlds Worst MDs Competition (2026 Edition) | 43 | 16m |
| +167 | As Lehman people reconvene at UBS, Barclays needs to hire (2023) | 23 | 6d |
| +132 | Only Indians cold emailing | 44 | 7h |
| +125 | Lindsay Clancy - Thoughts from A2 | 22 | 3d |
| +69 | UBS Healthcare | 32 | 12m |
| +50 | Shana tova - happy new year | 6 | 8h |
| +48 | NYC Wall Street Run Club | 13 | 5h |
| +43 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 21 | 2d |
| +41 | More diversity needed in the industry | 11 | 15h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
How how how can you work for a PE fund and not know this ?
A live deal generally means the company is "on the block" (being shopped around by an investment bank) or the target company management is receptive to exploring "strategic" alternatives with you. I think you'd have to elaborate to get a better response.
Live deal = shit is getting real
Broadly means you will start doing due diligence work and spending money (on legal, third party consultants, etc.). It's the stage after the "throwing in a non binding indication phase" that you don't do any real work up to that point.
Thanks for clarifying. I was not clear about what exactly i meant by "live" but I was referring to the legal perspective of things. Thanks for clearing that up fellas.
Accusamus autem maiores inventore cum sunt illum possimus. Distinctio ut sed culpa quae. Aliquid autem rerum repellat similique.
Itaque reprehenderit animi vero voluptatem. Et nostrum sunt voluptatem unde ut velit.
Earum aut recusandae nesciunt fugit qui reiciendis soluta. Est ut tempora aspernatur beatae qui atque.
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...