Took a beating on an interview recently - was not expecting technicals given I'm a 3rd year and HH said it was a behavioral round...unlucky. Anyways, wondering if anyone has a list or resource for PE technical questions specifically around debt. I understand the concept of debt, and can model LBOs very quickly. However, I'm not 100% comfortable with concepts like how debt trades or convertible debt terms, etc. I've been mostly a software guy, so not too much debt in a lot of these transactions.
08 Oct 2020
Hi All - looking for some insight on the associate experience at Huron Capital based in Detroit (huroncapital(dot)com) -It would be really helpful to know what type of experience associates at the firm get and what general consensus is on the firm. Curious if there is any semblance of work life balance or if it is banking 2.0. I saw a few people on LinkedIn who left the associate role before they had 2 years of experience so trying to figure out if there is anything driving people out of the firm. thanks
29 Sep 2020
To say it lightly, it's been a difficult year for everyone. I've been working away trying to block the lingering uncertainty with additional effort at work and daily CFA study sessions. Lately, I haven't been able to escape from work- thinking about complex problems that I was unable to solve at work as I lie in bed, constantly running through scenarios that may pop up and ruin a deal I'm working on, or just getting pissed off about being overworked and underpaid. To provide a little background, I work for a family office in the Southeast US that specializes in opportunistic investments and is
08 Oct 2020
Hi all, I have two summer 2021 internship offers currently on the table. One is with a PE shop in NYC, and the other is investment banking in NYC as well, and both firms have good names. I know a lot of people in the industry recommend investment banking first, but if PE is the end goal for a lot of people, it seems appealing to just go into it after undergrad. What factors I should think about when making a decision? Please let me know your thoughts!
22 Aug 2020
PE folks - tell me if this is as much BS as I think it is... I just interviewed with this "PE firm" that has been posting job postings all over the place for some time now. The main guy there has no PE experience, but has been a fairly successful operator (according to him) in his industry niche, so he's raising a fund to buy companies in that niche. He has a "team", but upon further questioning, they are all retired execs that show up on his website, but not in the office. His office is full of unpaid interns and unpaid full-time people (he has convinced several ex-banking monkeys to work for him for free in return for carry once the fund is raised). He's currently fund-raising and simultaneously looking for deals (fundless sponsor type model).
24 Aug 2011
Has anyone ever drop out of college (Wharton/Harvard/Princeton/MIT/Yale) early to work in a top five private equity firm? Is it worth it? Discuss advantages/disadvantages. Thanks
03 Sep 2009
After I spend this upcoming summer as an IB analyst at a BB, I plan on looking for work at a PE firm during my senior year. Does anyone know how to find a list of PE firms in a specific city (DC, for example)? I'd like to start contacting them over the summer while working at the bank, but any advice now would be appreciated. Thanks.
08 Mar 2009
I'm currently with one of Vista's portfolio companies and I'm thinking about starting my own consulting firm. Initially, I'd need to lean on current clients for revenue. While there are no non-compete issues or IP conflicts, I'm uneasy about pitching this concept to my company since Vista owns a majority. One of the current growth strategies is to grow through partners to avoid building a huge professional services team. Anyone out there with experience in doing something similar? Appreciate any input/advice!
21 Aug 2011