No. It is 90% overlap with IB, so pointless to maintain a separate guide. And there are many LBO case studies in the interview guide and modeling course.

Makes sense, thanks for the response. Do you have a PE interview guide available on your site, similar to the BIWS IB Interview Guide?

Practice with both structured and open-ended LBO case studies. Know your deals very well.

Thanks. No, we don’t have anything on PE at large banks vs. dedicated PE firms currently.

There is no real on-cycle timeline for undergraduates other than the usual fall recruiting for full-time roles. Please see: https://mergersandinquisitions.com/private-equity-analyst/

In a normal year, you might have a good shot at these roles, but with the current crisis it’s anyone’s guess whether or not the large firms will be hiring undergrads. Many are going to have dozens of bankrupt portfolio companies. My strong recommendation is to win a full-time return offer at your bank and then hope it sticks around until your start date.

Thanks for all the information you put out, literally changed more life.

Do you have an article that talks about the main difference between working at a BB bank PE division and a firm that is a PE firm ?

Thank you.

I want to get into Private Equity and begin work in 2021. Do you have any insight on the off cycle/ on cycle timeline of PE for undergraduates trying to get full-time ? What type of firms do you recommend I should apply to and why ?

My internship at as an analyst at one of the big banks is about start, how do you recommend going about asking for an interview for a PE role. (As a result of Covid-19 internships are virtual and shortened so I am not sure they still offer that opportunity, But I have not asked yet. ) The firm is not a top in Private Equity, but I believe it might be easier because I already have my foot in the door.

Thank you

That definitely makes it easier, but it still tends to be tough to apply for these roles across different continents. Luckily, with a virus outbreak raging in the current environment, firms might be open to interviewing you remotely without any in-person trips required.

So… maybe start reaching out via LinkedIn and email and find funds that match the strategies you’re interested in, in the US. There isn’t really a set time to recruit for these roles because most HF recruiting is off-cycle, so you can do it as soon as you think you have enough experience to speak about in interviews.

Thanks Brian. I actually do have the status to work in the U.S. (greencard holder or citizen), would that change my approach? Thanks.