Peculiar Off-Cycle Situation

Question to those who went through off-cycle recruiting for PE:

What is the customary process for firm communication after the Final Round?

I ask since I did a final round a few weeks ago and the firm has gone radio silent since then. I followed twice through email and phone call but have yet to hear back from the firm in terms of where they stand in the process. As an note, I know was the first candidate for the final round but still this seems odd. I have no idea what to think about the process given how responsive the firm was prior rounds.

Private Equity Interview Course

  • 2,447 questions - 203 PE funds. Crowdsourced from 750k+ members
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (15)

Feb 9, 2017 - 12:48pm
JBanksohn:
Question to those who went through off-cycle recruiting for PE:What is the customary process for firm communication after the Final Round?I ask since I did a final round a few weeks ago and the firm has gone radio silent since then. I followed twice through email and phone call but have yet to hear back from the firm in terms of where they stand in the process. As an note, I know was the first candidate for the final round but still this seems odd. I have no idea what to think about the process given how responsive the firm was prior rounds.

Could take a week or 2. I had a case last yr when I had a "final round" and they said I'd have an answer the following week. I got a call 2 weeks later and they wanted me to go back in for 2 more rounds.

Feb 10, 2017 - 8:36pm

Good idea. Can we train it to shit on their faces if it's a rejection?

"There's nothing you can do if you're too scared to try." - Nickel Creek
  • 1
Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Feb 9, 2017 - 10:10pm

That is the conclusion I have come to at this point. Thanks for the sage point as that provides some clarity to keep pushing forward in the process.

Array
Feb 10, 2017 - 9:42pm

There was no recruiter involved as it was handled internally with efforts lead by VP for staffing the role.

Array
Best Response
Feb 10, 2017 - 5:59pm

IDK about other firms but my firm does not participate in the hiring rush, so interview schedules are more spread out. So while you may have had your final round, it may be the case that they haven't been able to line up a good slot for other candidates doing their final interviews even if it's a few weeks later.

That being said, the radio silence is weird, but I agree with the others - if you were one of their top choices, then you'd think they'd at least try to keep you engaged (even if you weren't, they should still give you some excuse to buy more time).

Feb 10, 2017 - 9:41pm

Understood. I accepted that given it is on smaller scale for MM PE and that team is really small, they emphasized being as thorough as possible in their process. I am quite surprised at the radio silence, but at this point at others have mentioned, there is not much I can do but continue to progress on in the recruiting path.

Array
Start Discussion

Total Avg Compensation

May 2021 Private Equity

  • Principal (7) $694
  • Director/MD (17) $582
  • Vice President (64) $370
  • 3rd+ Year Associate (66) $267
  • 2nd Year Associate (129) $251
  • 1st Year Associate (273) $223
  • 3rd+ Year Analyst (24) $164
  • 2nd Year Analyst (60) $136
  • 1st Year Analyst (173) $119
  • Intern/Summer Associate (19) $70
  • Intern/Summer Analyst (196) $60