Trending Content
| +229 | I should have been a marketing girly (a rant) | 78 | 2d | |
| +89 | PE Firms with Gentrification Strategy | 33 | 34m | |
| +59 | Starting own PE fund as a student | 19 | 2d | |
| +53 | WORST/UGLY sides of a career in PE??? | 22 | 6h | |
| +46 | Is HBS / Wharton MBA / Stanford GSB worth it? | 22 | 9h | |
| +44 | The Morality of PE | 11 | 7h | |
| +31 | Burnt Out 2nd Year Analyst Dreading Move to PE | 2 | 2h | |
| +30 | Late sending case study | 7 | 5d | |
| +29 | Leaving PE Firm | 9 | 1d | |
| +26 | Is PE a career for the uninspired, unambitious, and untalented? | 5 | 3h |
Career Resources
Hard to give specifics, but LMM PE seems to be in for it - lots of PortCo's bought in 2021/2022 at Peak EBITDA showing declining trends and high rates are really starting to bite. Doesn't take much of a decline in EBITDA (10-20%) for the cracks to start forming. The longer rates stay here, the more weakness you're going to see.
I'm very bearish on PE in general right now, especially those focused on certain segments of industrial, certain segments of HC, tech that was bought at 100x ARR, etc. That said, without having insight into their entire portfolio but rather only a PortCo or two, hard to really say for sure - one homerun can make up for more than 1-2 duds.
Naturally, PC will also get hit. While they're higher in the cap stack than the equity, losing their ass on 1-2 PortCo's is very hard to recovery from bc they don't have the upside equity has on other deals within the portfolio.
It's coming... just taking longer to play out than most have expected.
Typical lazy LevFin take
Fugiat dolore est magnam facilis porro ut omnis tempora. Neque consequatur quasi ullam eos molestiae. Eaque repudiandae modi consequuntur et.
Et dolorum ad praesentium unde qui. Fuga quos explicabo ipsam recusandae facilis molestiae explicabo. Id ea expedita porro et sed non consequatur. Sed non sunt consequuntur est soluta maxime nihil. Quibusdam dolores facilis omnis.
Veniam pariatur incidunt provident vitae. Voluptatem voluptatibus esse ratione et nesciunt. Perferendis fugit molestias asperiores facere expedita repellendus repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...