Private equity MM Internship interviews

What should I expect for a private equity interview at a 2.5-5 bil fund
for an internship?
Is it the same as a regular interview?
Also keep in mind that I am a freshman and have a connection to the managing partner through family. Will this make a difference?

 

They aren't going to expect you to know much/anything. Just be able to walk through your résumé, read the WSJ and know what's going on in the broader markets, and have a good reason for why you want to work there. I wouldn't think you will see any technical questions since you are a freshman, but you may see some of the stuff in the WSO behavioral guide.

 

if i'm a graduating senior and just want to up my odds come PE recruiting once i start at my MM IB, is it worth it to intern this last semester of school at a well respected MM PE firm? or will it be irrelevant once i start my FT gig?

thanks

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
 
Best Response
AnalystMonkey2769:
if i'm a graduating senior and just want to up my odds come PE recruiting once i start at my MM IB, is it worth it to intern this last semester of school at a well respected MM PE firm? or will it be irrelevant once i start my FT gig?

thanks

It would be helpful in that you would be able to describe how you liked the investor's perspective when buyside recruiting comes around, along with the fact that you will be able to experience firsthand what PE is really like. The downside is that this is your last year in college - it's literally one of the last times you will ever be this carefree in your life (especially since you already have a job lined up). I know you're probably excited to start work, but if you've already got a job IBD, then that means you probably worked pretty hard the past 3.5 years; I would enjoy what time you have left. There are a lot of friends that you won't see frequently for the rest of your life.

Also, on an unrelated note, make sure that this is cool with your future employing bank. I don't imagine there would be a problem, but best to check so you don't have any nasty surprises.

 
CHItizen:
AnalystMonkey2769:
if i'm a graduating senior and just want to up my odds come PE recruiting once i start at my MM IB, is it worth it to intern this last semester of school at a well respected MM PE firm? or will it be irrelevant once i start my FT gig?

thanks

It would be helpful in that you would be able to describe how you liked the investor's perspective when buyside recruiting comes around, along with the fact that you will be able to experience firsthand what PE is really like. The downside is that this is your last year in college - it's literally one of the last times you will ever be this carefree in your life (especially since you already have a job lined up). I know you're probably excited to start work, but if you've already got a job IBD, then that means you probably worked pretty hard the past 3.5 years; I would enjoy what time you have left. There are a lot of friends that you won't see frequently for the rest of your life.

Also, on an unrelated note, make sure that this is cool with your future employing bank. I don't imagine there would be a problem, but best to check so you don't have any nasty surprises.

very valid points all around for both sides

I don't throw darts at a board. I bet on sure things. Read Sun-tzu, The Art of War. Every battle is won before it is ever fought- GG
 

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