Interview for Search Fund Internship?

I applied for an open (part-time) internship position at a search fund for this fall and was invited to a first-round interview over the phone. I am currently a first-semester freshman at a target university, and the internship position will be unpaid (I know it's unfortunate and generally not worth working unpaid, but I believe this could be a valuable experience as I eventually want to go into IB/PE).

Does anyone have any advice on how I can prepare for this interview and what types of questions I may be asked? I do not know much technical information such as valuation and modeling, aside from having a basic understanding of the 3-key financial statements. Also, if anyone has any insights from interning at a search fund in the past, it would be very helpful if you could share that.

Thanks!

 

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