I'm looking to break into PE in the next few months. My background is in MM lending and some LevFin, however I didn't do much modeling. The bank I worked for had a modeling template we used. Plus there was more emphasis on historical performance and collateral.
My question is, how much financial modeling do PE associates typically do? Since most PE shops focus on specific industries, can't you just build a "master" template and plug in the numbers (versus building from scratch each time)?
I'm looking to relocate to Chicago and the biggest PE firms there focus on upper middle market at best. Of course Excel skills are nice to have, so I'm thinking about buying BIWS. Any suggestions would be great. And thanks in advance.
Private Equity Interview Course
- 2,447 questions across 203 private equity funds. Crowdsourced from over 500,000 mem.
- 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
- Trusted by over 1,000 aspiring private equity professionals just like you.