What you learn in PE

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Also former consulting. Nothing I've done would really be helpful in S&O. Helpful if you want to be in finance or a CEO. It's relatively narrow skillset.

Would echo the above.  The only real "skills" you hone are deal making (really M&A process management) and mainly pattern recognition.  You get to learn about a ton of different businesses but likely won't have the same operational skillset as the consultant who's spent their career in XYZ niche. 

Have definitely come across a few ops-focused funds that allow associates to transition into portco roles, but you'll probably still be a deal guy. 

Thanks both, really helpful! When you have a moment, would you mind jotting down the top few things you’re a) spending the most time on in PE b) learning as a result over a few years?

Specifically, how much time are you spending on research for others to look at/modelling versus critically thinking about biz models as an associate?

I have a solid interest in investing too but can see myself pursuing that as a hobby (equities, property, potentially tiny companies) throughout my life.

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