Mergers and Inquisitions

JULY 31, 2024

If you ever tire of the hype around tech, industrials private equity might be an ideal hiding spot. Morgan’s acquisition of Carnegie Steel in 1901 – was an industrials private equity deal. Table Of Contents Industrials Private Equity Defined What Has Drawn Private Equity Firms to Industrials Companies?

Private Equity 66

Private Equity Equities Middle Market Debt 66

Mergers and Inquisitions

MAY 17, 2023

Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count. Why Did PE Firms Start Buying Tech Companies?

Private Equity 64

Private Equity Equities Recruitment Funds 64

OfficeHours

OCTOBER 20, 2023

For private equity investors who have been monitoring the situation around inflation for the last few months to a year, many have been disappointed to see the slow trajectory with which inflation has been coming down from highs. Explore the role of private equity now. Currently, inflation in the U.S.

Investors 130

Investors Private Equity Equities Debt 130

OfficeHours

AUGUST 20, 2023

Written by a Top OfficeHours Private Equity Coach Is PE a Good Fit for you? To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?” Many first-year (and some second-year) analysts are unsure if private equity should be their next step.

Private Equity 130

Private Equity Equities Investment Banking Finance 130

Mergers and Inquisitions

NOVEMBER 1, 2023

When you hear the words “healthcare private equity,” two thoughts probably come to mind: Wait a minute, isn’t healthcare a risky/growth-oriented sector? In most of the world, healthcare is either government-run or a mixed public/private sector. Are there many private healthcare companies for PE firms to acquire?

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

OfficeHours

AUGUST 14, 2023

YES, connect me with a Coach – I need to recruit! Taking it a step further, you could help one of their portfolio companies with issues ranging from recruiting to web development. To know if the buyside is right for you, let’s start with a textbook understanding of “What is private equity?”

Recruitment 130

Recruitment Private Equity Equities Investment 130

OfficeHours

JULY 8, 2023

Private equity giants are still racing to fill 2024 associate seats. See 8 firms — from Carlyle to Bain Capital — that have been recruiting first-year investment bankers for jobs that won’t start for 18 months. Well, yes if you plan on recruiting, that would make sense right? Should Headhunters be reaching out to you?

Private Equity 100

Private Equity Recruitment Equities Investment Banking 100

OfficeHours

JULY 22, 2023

Understand there will MOST PROBABLY be an LBO modeling test, there will be a case study, you will be asked why you like PE, why you like XYZ firm, what’s your favorite portfolio company/maybe even least favorite… Interviewing earlier is better because spots fill up on a rolling basis. Get the #1 Rated Private Equity Prep Platform Right Now!

Private Equity 130

Private Equity Recruitment Equities Financial Models 130

OfficeHours

JULY 20, 2023

The “top-tier” and most competitive funds signal the start of Buyside recruiting season by being the first to extend interview invitations. Focus Prep on Deal Experience More often than not, if you are recruiting for Buyside jobs you have had experience in some sort of transaction oriented industry.

Recruitment 130

Recruitment Private Equity Equities Investment 130

OfficeHours

JANUARY 26, 2024

When You Need to Return Cash in order to Raise More original article sourced by Ryan Gould, Bloomberg, sourced link above The world’s private equity firms have cash to burn. Private equity players have to face reality at some point,” said Per Franzen, head of private capital for Europe and North America at EQT AB.

Private Equity 130

Private Equity Equities Mergers and Acquisitions M&A 130

OfficeHours

OCTOBER 23, 2023

However, for private equity investors, this uncertainty represents a unique opportunity to take advantage of investment opportunities in public markets. A “take-private” transaction in the context of private equity is a process by which a PE firm acquires a publicly listed company and converts it into a privately held entity.

Investors 130

Investors Private Equity Equities Investment 130

Mergers and Inquisitions

MAY 29, 2024

This article will focus on careers and recruiting , while the accompanying YouTube video will discuss the technical/modeling aspects in more detail. You may still consider the entire portfolio when making decisions, but there’s less of a direct connection than in corporate finance roles. an equity IRR of 7% to 13%).

Corporate Finance 59

Corporate Finance Financial Models Financial Modeling Finance 59

Mergers and Inquisitions

APRIL 5, 2023

Sovereign Wealth Fund Strategies Sovereign wealth funds can invest in almost anything, from equities to fixed income to real estate, infrastructure, private equity, hedge funds, and more. The firm uses passive and active strategies, often deviating from its reference portfolio based on the macro environment.

Recruitment 59

Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

OCTOBER 30, 2024

Corporate finance jobs at normal companies are bad … …if you’re using them to break into a deal-based field, such as investment banking , private equity , or venture capital , or as a “Plan B” if you interview around but do not get into one of these. if you have a solid accounting background.

Corporate Finance 105

Corporate Finance Finance Finance Corporation 105

Mergers and Inquisitions

FEBRUARY 19, 2025

With investment banking internship recruiting starting earlier and earlier, you also need to win pre-banking internships earlier. People debate the best options: Search fund internships , private equity internships , boutique bank internships, real estate internships, and even wealth management internships have their pros and cons.

Capital 59

Capital Bank Banking Recruitment 59

Mergers and Inquisitions

JULY 26, 2023

But over the years, they morphed into a well-known topic and then a commonly derided topic – as many people argue that search fund experience is worthless, while others claim it’s “just as good” as working in banking or private equity. Its “portfolio” consists of that single company, assuming it finds and acquires one.

Private Equity 52

Private Equity Investment Banking Funds Equities 52

OfficeHours

JULY 17, 2023

The benefit here is twofold: First, you have granted yourself a few months where you can recruit without needing to disclose that you’ll be leaving the firm; Second, even if you are not able to secure a new job in the extra time period, you’ve still done yourself a favor by reducing any “gap” in employment on your resume.

Management 130

Management Recruitment Private Equity IT 130

OfficeHours

JULY 17, 2023

The benefit here is twofold: First, you have granted yourself a few months where you can recruit without needing to disclose that you’ll be leaving the firm; Second, even if you are not able to secure a new job in the extra time period, you’ve still done yourself a favor by reducing any “gap” in employment on your resume.

Management 130

Management Recruitment Private Equity Investment Banking 130

OfficeHours

JULY 14, 2023

The “top-tier” and most competitive funds signal the start of Buyside recruiting season by being the first to extend interview invitations. … … Focus Prep on Deal Experience More often than not, if you are recruiting for Buyside jobs you have had experience in some sort of transaction oriented industry.

Private Equity 130

Private Equity Recruitment Equities Accountant 130

Mergers and Inquisitions

JUNE 19, 2024

I noticed the other day that we had articles about how to start a private equity firm and how to start a hedge fund but nothing on venture capital. Before doing anything else, you must decide on your fund size and team size, which depend on your strategy and the number of portfolio companies you plan to invest in.

Capital 105

Capital Funds Investment Portfolio 105

Mergers and Inquisitions

JANUARY 31, 2024

This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. Portfolio Structure: Unlike MM portfolios, SM portfolios do not have to be market–neutral or based on pair trades; many SM funds also tend to run much more concentrated portfolios (e.g.,

Funds 59

Funds Management S&P Recruitment 59

OfficeHours

JULY 11, 2023

On that note though — if diversity events are starting though… You know On-Cycle is around the corner here… Questions I would ask if I was an Analyst in an in-person diversity session: I just saw X deal happen, new portfolio company — were you involved with that? Are you focused on recruiting in 2023?

Investment Banking 130

Investment Banking Bank Banking Middle Market 130

Mergers and Inquisitions

OCTOBER 16, 2024

For example, internship recruiting starts very early for undergrads in the U.S. , private equity or venture capital ). These 1 – 2 “steppingstone internships” could be at any firm, but many students do them at boutique investment banks or small/startup private equity or venture capital firms.

Investment Banking 111

Investment Banking Bank Banking Investment 111

Tyton Partners

JANUARY 18, 2024

The upcoming end of government-funded pandemic relief programs in 2024 across the global knowledge sector has prompted strategics and PE-backed platforms to focus on expanding their portfolio of service offerings through M&A to appeal more to decision-makers who now have fewer budgetary dollars to spend.

Education 52

Education Sale Middle Market Mergers and Acquisitions 52

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. For private equity, anything with under $1 billion in AUM should be fine (i.e., How Do You Leverage Pre-MBA Internships?

IT 59

IT Investment Banking Recruitment Finance 59

Mergers and Inquisitions

NOVEMBER 15, 2023

Specialized Pathways: For the Level III exam, you can focus on portfolio management, private wealth, or private markets. The timing – The CFA is not very helpful in your last year of university due to the IB recruiting timeline. So, should you make the CFA part of your recruiting strategy?

CFA 59

CFA Investment Banking Bank Banking 59

Peak Frameworks

MAY 17, 2023

Additionally, if you’re interested in refining your Excel skills and recruiting for private equity, you should check out our , Private Equity Course. For example, a private equity firm can use VBA to develop a robust leveraged buyout model that automatically updates based on different financing assumptions.

Financial Models 52

Financial Models Financial Modeling Finance Finance 52

Mergers and Inquisitions

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. But lock-up periods are longer than most long/short equity funds. 5) Portfolio Concentration – Many special situations and distressed funds run concentrated portfolios (e.g.,

Funds 64

Funds Investors Mergers and Acquisitions Mergers 64

Growth Business

NOVEMBER 23, 2023

Form Ventures Form uniquely supports its portfolio start-ups to understand and navigate public policy FPE Capital Businesses must demonstrate the following: a capable management team, strong presence in large markets, rapid growth potential, disruptive products or services and defensible growth margins with recurring revenues.

Investment 111

Investment Funds Capital Business 111

Focus Investment Banking

MARCH 28, 2024

Summary Private equity’s investments in ophthalmology are entering a new, more mature lifecycle phase. We also expect many platform recapitalizations once private equity groups and lenders become comfortable with the interest rate environment. When a provider does leave, a new one can be recruited at a similar cost.

Private Equity 52

Private Equity Equities Valuation Acquisitions 52

Mergers and Inquisitions

SEPTEMBER 13, 2023

As discussed in the distressed private equity article, there is no universal definition for a “distressed security” or a “distressed company.” Most dedicated distressed funds offer less liquidity and longer lock-up periods than other hedge funds, and they tend to hold positions for months or years with fairly concentrated portfolios.

Debt 103

Debt Funds Investment Equities 103

Mergers and Inquisitions

JANUARY 10, 2024

The Nature of the Work: Markets, Analysis, Sales, and Interpersonal Skills Wealth management (WM) requires broader knowledge of the financial markets since you may have to advise clients on everything from their portfolio allocations to upcoming tax changes. Think: benchmarking portfolios rather than modeling companies.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

FEBRUARY 28, 2024

But a few other reasons also explain why fixed income often gets overlooked: the unstructured recruiting process, fewer job openings, and the “cushiness” of senior-level roles. Equity Research vs. Fixed Income Research Common Myths What Do You Do as a Fixed Income Research Analyst or Associate? How would you analyze them differently?

Equities 59

Equities Asset Management Debt Recruitment 59

Tyton Partners

APRIL 10, 2024

Excolere Equity Partners is a leading middle market private equity firm that leverages its deep sector experience and strategic and operational expertise to accelerate the growth and enhance the impact of companies in the Education and Human Capital sector. ISP Schools is a portfolio company of OMERS Private Equity.

Education 52

Education Medical Private Equity Equities 52

Tyton Partners

JUNE 25, 2024

The question around using a variable or fixed cost approach is pressing; from how to recruit and develop staff and tutors, to where and how they will support their special needs populations, to how to manage their bus operations. This labor-related pressure has driven growth for providers with varying models.

Transportation 52

Transportation Education Recruitment Funds 52

Mergers and Inquisitions

JULY 19, 2023

Also, many long-biased funds tend to have more concentrated portfolios since they often aim to become one of the top shareholders in each company. The hurdles to buy and sell are higher, so you spend more time researching each company, and there’s less portfolio turnover. Turnover is also high, especially at the large multi-managers.

Funds 52

Funds Asset Management Management Equities 52

Tyton Partners

JUNE 25, 2024

The question around using a variable or fixed cost approach is pressing; from how to recruit and develop staff and tutors, to where and how they will support their special needs populations, to how to manage their bus operations. This labor-related pressure has driven growth for providers with varying models.

Transportation 45

Transportation Education Recruitment Funds 45