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Learn/Getting the PE seat
LearnGetting the PE seat

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B Basic

  • The ways into private equity8m
  • How on-cycle and off-cycle recruiting runPro8m
  • Why PE, why this fund, and your storyPro9m

A Advanced

  • The deal walkthrough, as an investorPro10m
  • Pitching a business you would buyPro9m
  • Diligence and value creation, the junior's viewPro10m
  • The superday and the offerPro9m
  • FlashcardsPro0/14
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

Getting the PE seat

0
of 7 lessons
0
of 14 cards
FlashcardsStart the first lesson

How people actually get hired into private equity, how the recruiting process runs, and how to answer the questions that decide it: your story, your deal, a business you would buy, and what you would do after close.

BBasic3 lessons

  1. 1The ways into private equityThere is more than one door into PE, and each asks for something different. Knowing which one you are walking through decides what you prepare.8 min
  2. 2How on-cycle and off-cycle recruiting runProLarge fund recruiting can move from first call to offer in days. Smaller funds hire on their own schedule. Both reward being ready before anyone calls.8 min
  3. 3Why PE, why this fund, and your storyProThree questions open almost every PE interview. Each has a structure, and each answer should point to the same person: someone who wants to own and improve businesses.9 min
  4. QBasic quizPro10 questions, 80% passes

AAdvanced4 lessons

  1. 4The deal walkthrough, as an investorProA banker describes the process. An investor describes the bet: why the business, what was paid, how it was financed, what could break, and whether they would do it again.10 min
  2. 5Pitching a business you would buyProPitch me a company is a test of judgment and math together. Pick a business that suits an LBO, say why in two minutes, and show the returns on paper.9 min
  3. 6Diligence and value creation, the junior's viewProJuniors run much of diligence and track the plan after close. Interviewers ask how you would do that work: the customer calls, the 100 day plan, and the math behind pricing and add-ons.10 min
  4. 7The superday and the offerProThe last round mixes a case, quick math, and partners deciding whether they want to sit next to you for years. Then comes the offer, often with a deadline, and the need to be honest about it.9 min
  5. QAdvanced quizPro10 questions, 80% passes