Book recommendations? Switching careers, no experience, CFA candidate
I'm only a CFA Level 1 candidate, unemployed and I have zero finance experience. I'm 28 yr old trying to catch up in life, so I was wondering if someone can recommend me books that are must reads to...
View ArticleTMT M&A Graduate Intern in a recognized boutique vs. Analyst Intern in a...
Hello everyone!I have been given the opportunity to join either Arma Partners, a fast-growing London-based TMT boutique as a Graduate Analyst for 6 months or TowerBrook (PE) for 6 months as an Analyst...
View ArticleBig Papi's at Bat in the Private Equity Game
After retiring, many athletes attempt to reinvent themselves by working in finance. Some famous athletes which come to mind are Steve Young, Gary Fenick, and the Admiral, David Robinson.Recently David...
View ArticleFunds with Direct-Entry into industry groups at Associate Level
As far as I can tell, most PE funds in the MM and MF level run on a generalist platform for associates; you're not placed into "groups" and I'm sure there's some sort of logical staffing process where...
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Analysts, Associates and Partners at VC firms outreach - how?
There is a company that is looking for a VC early stage investment around 2mln having raised ~1mln already. They don't know anyone in US, so how should they reach out to VCs? Cold emails is not the...
View ArticleLSE Alternative Investments Conference good for networking?
Did anyone attend the LSE Alternative Investments conference in the past few years? Is it worth spending time and money to travel to London if admitted? In particular, is it a very good networking...
View ArticlePomona Capital
Anyone have any information on them? Seems to be one of the early players in the secondaries market. Curious if anyone has done a deal with them / worked thereprivate equity secondaries
View ArticleIs there a connection with PE and restaurants?
I'm not sure if this is a thing or not, but is there a connection between PE and the restaurant industry? I'm fascinated about the industry, hopefully can partner with someone in the future and/or...
View ArticleCo-investments to Direct?
Hi all,I have recently come to the conclusion that I want to switch jobs within the buyside and would greatly appreciate your advice / views. Firstly, let me give you a bit of background about myself.I...
View ArticleInterest plus Libor
I need help. Can someone explain what interest rate I should be using for forecasting when the reate is LIBOR + 4% cash interest, with a LIBOR floor of 1%. I am new to this and don't understand.
View ArticleRecap when new equity is less than roll-over value
Here is a scenario: Buyer negotiated to buy 70% of stock of Target (keep it as sub/stand alone biz) Agreed EV is $17M. No debt so EV=Equity. So, 70%X$17M=$11.9 (exclude fees for now); $5.1M is value of...
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No country for old I-bankers (starting a mid-career thread for finance...
Starting a thread for mid-career finance professionals. Where did you guys go after banking? I ended up in PE myself, but man, it's hard. Seems WSO is all about the younglings but I wanted to hear what...
View ArticleHow to Vette a Small Venture Capital Firm
I am about to interview as an analyst a small venture capital firm next week, and I'm trying to figure out relevant questions to ask. I want to know fund size, fund performance (probably won't tell...
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The Truth Behind PE Compensation
Hello World!Compensation in the PE world can be a bit of a black box. I sometimes get approached by folks who are perplexed by their compensation packages at a middle market PE fund. There is little...
View ArticleThe importance of Financial Accounting
Hey PE monkeys,I'm hopefully doing a PE internship this summer, but have not taken any accounting classes. Thus I need to brush up a bit.I know how a 3-statement model works and its connections etc....
View ArticleHow to hit the ground running as junior in Venture Capital?
In the new year I will be starting as a junior in a top tier VC fund (sorry to be so vague, but I hope you understand that the VC world is relatively small and I don't want to be recognised).I was...
View ArticleShould I list a return offer on my resume?
Last summer I was an SA at a top 15 REPE firm and received a verbal return offer from one of the partners. I didn't like the specific division where I received the offer so I declined and never had the...
View ArticleCurrently recruiting for PE, did not receive a return offer from Top BB over...
Hello,I am currently in the PE recruiting process from a top firm. I interned at a top BB group this past summer, but unfortunately did receive a return offer. I am at another strong firm and have met...
View ArticlePE -> Real Estate PE
Tried this in the Real Estate Finance Forum, but figured it may be more relevant in this one instead. I'm currently at a generalist middle market "corporate" private equity firm and have always been...
View ArticleAxial Cost
Does anyone know how much Axial Costs. I know they publish some pricing, but heard rumors of big discounts off of that. Thanks
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