I am currently a junior M&A/PE partner at a top wall st. law firm. Late 30's with a young family. Ivy undergrad and law school. Good understanding of "business" but no formal business training.
I have a very good opportunity to join a small but growing PE fund/permanent capital vehicle as a partner. I would sit on the IC, help evaluate investments, take a hands on role in managing the portfolio investment, etc. I am now trying to figure out how to best round out my skill set so that I can add the most value to the team. A couple questions:
1) Does anyone have a view what skills are most key for me to learn before joining? E.g., financial modeling? valuation? strategy? corporate finance?
2) Does anyone have a view as to what is the best way/best programs to get the necessary skills in the most time/cost effective manner? FYI, I'd love to do an EMBA but not sure the financial/time commitment is feasible given my personal situation and the demands of the new role.
3) Anyone have an opinion of the HBS Leadership Development Program (LDP)? (I am thinking of coupling a program like this with some financial modeling training.)
Basically, I'm looking for a way to get as good at possible as quickly as possible at the business skills necessary to thrive at a PE fund.