OfficeHours

JUNE 12, 2023

Working in private equity is highly attractive for many reasons, and many finance professionals who are not already in the field often look for ways to break in. One of the primary ways to do so is by landing an internship at a private equity firm you might want to work at.

Private Equity

OfficeHours

MAY 21, 2023

Private equity associates are the workhorses of any investment team. They are typically closest to the financial modeling, analytical work, and diligence that private equity firms perform. Embark on an exciting journey in the world of private equity—a fast-paced and fulfilling career path.

Private Equity

Mergers and Inquisitions

AUGUST 16, 2023

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.”

Private Equity

Mergers and Inquisitions

MARCH 13, 2024

Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity. The Top Growth Equity Firms Why Did Growth Equity Get So Popular?

Private Equity

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

Wizenius

JULY 2, 2023

In the world of finance, Private Equity (PE) stands as a strategic and dynamic investment approach that unlocks value in businesses. 1) First Stage - Acquire Private Equity firms embark on a meticulous search for investment opportunities, resembling detectives on a mission. Start your journey towards success today!

Private Equity

Mergers and Inquisitions

MAY 29, 2024

Corporate finance” is a broad term that could refer to anything from managing a company’s internal budget (e.g., You can win PF roles right out of undergrad, but recruiting for undergrads and recent graduates is less common and structured than in fields like investment banking, corporate banking, or wealth management.

Corporate Finance

Wizenius

AUGUST 16, 2023

Private Equity (PE) often becomes the coveted next step for many investment bankers, promising new dimensions within the financial landscape. This journey encompasses risk management, optimization of financial returns, and the creation of value within the portfolio.

Private Equity

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. As usual, the truth is somewhere in between. appeared first on Mergers & Inquisitions.

Private Equity

OfficeHours

MAY 24, 2023

Investment banking hiring managers are looking for students who have high GPAs for what they signal about the candidate. A high GPA can be seen as evidence of work ethic, discipline, and the ability to manage time effectively. investment banking, private equity , VC, etc.) and how our process works.

Investment

Mergers and Inquisitions

JANUARY 10, 2024

If you want to read angry comments and long threads with plenty of insults, you can’t go wrong with the wealth management vs. investment banking debate. It’s one area where people on both sides tend to talk past each other : Bankers say that wealth management roles pay less, offer less interesting work, and lack good exit opportunities.

Investment Banking

Mergers and Inquisitions

JANUARY 31, 2024

If you think about the most “public” investors – the likes of Bill Ackman and David Einhorn – many of them have something in common: they operate single-manager hedge funds. This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers.

Funds

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, in 2013, JPMorgan used VBA to build a custom model to forecast loan losses, which helped them save time and improve accuracy.

Financial Modeling

How2Exit

JULY 3, 2023

The speaker mentions that if the seller's main goal is to retire or spend more time with their family, a private equity firm may not be the right buyer. Private equity firms often require the seller to stay involved in the business for a certain period of time and may offer additional incentives to keep them engaged.

Mergers and Acquisitions

Peak Frameworks

SEPTEMBER 12, 2023

The choice depends on the nature of the portfolio and the objectives of the risk management exercise. Example: During the 2008 Financial Crisis, many financial models based on parametric VaR underpredicted potential losses, causing significant challenges.

Private Equity

Wall Street Mojo

JANUARY 17, 2024

Thus, it accounts for a company’s financial standing and reveals the corporate efficiency in managing its cash and liquidity position. The reports reflect a firm’s financial health and performance in a given period. A positive cash flow shows financial stability, which brings confidence among stakeholders.

Accountant

Software Equity Group

OCTOBER 25, 2023

COGS is a key metric private equity investors and strategic buyers use to evaluate companies. LEARN MORE: Understanding the SaaS Financial Model: Key Concepts and Methods Common COGS expense line items for software companies include: Hosting expenses to deliver the actual software. This includes their salaries.

Profitability

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. Some SWFs operate like long-only asset managers (i.e., and supporting your Portfolio Manager ’s ideas and requests.

Recruitment

Peak Frameworks

SEPTEMBER 12, 2023

While they're seen in numerous sectors, their significance shines particularly in investment banking , private equity, and corporate finance. In modern times, their usage has expanded, notably in sectors like investment banking and private equity , adapting to the dynamic needs of the financial industry.

Finance

Peak Frameworks

SEPTEMBER 19, 2023

An equity researcher might need insights from the tech department to evaluate a fintech startup's potential. If you're interested in breaking into finance, check out our , Private Equity Course and , Investment Banking Course. Mastery of Financial Regulations and Compliance: The financial world is heavily regulated.

Finance

Peak Frameworks

OCTOBER 17, 2023

Matrix Organizational Structure Matrix Organizational Structure is a fusion of functional and divisional structures , employees report to both the functional manager and the product manager. Typically, you'll find a larger number of employees reporting to a small number of managers.

Corporation

Mergers and Inquisitions

JULY 19, 2023

Most hedge funds use leverage, short-selling, derivatives, and other strategies to manage their risk, but some non-hedge funds also use them. If you’re interested in long-only hedge funds, you should ask a different set of questions: Do these long-only funds offer any advantages over strategies like long/short equity ?

Funds

Peak Frameworks

SEPTEMBER 11, 2023

It encompasses various principles and models, such as the McKinsey 7-S framework, Lewin's Change Management Model, and Kotter's 8-Step Process. Case in point: JP Morgan Chase utilized an OD strategy to manage the tumultuous transition during the 2008 financial crisis, demonstrating the potential of OD in the face of adversity.

Financial Institution

Mergers and Inquisitions

MAY 24, 2023

Here’s how these strategies compare on the “trading vs. private equity” spectrum: The big selling point of the “middle” strategies – special situations and distressed – is that their returns are relatively uncorrelated with the overall market , and they have greater potential upside than something like merger arbitrage.

Funds

iMerge Advisors

APRIL 8, 2025

Your answers will shape the type of buyers you target from strategic acquirers to private equity firms or growth investors. This is where experienced advisors add significant value managing outreach, qualifying interest, and controlling the narrative. Are you seeking a full exit, partial liquidity, or a growth partner?

M&A

Tyton Partners

FEBRUARY 3, 2025

Demand for advanced solutions in administrative systems, back-office functions, transportation management, compliance, and payment processing are on the rise. Educational institutions are also leveraging AI to streamline operations, from automating grading and student support to optimizing enrollment management and resource allocation.

Education

Mergers and Inquisitions

FEBRUARY 28, 2024

For the right person, though, fixed income research can be even better than equity research, whether you’re at a bank, an asset management firm, a hedge fund, or a credit rating agency: Table of Contents: What is Fixed Income Research? You cover quarterly earnings and send updated models and notes to clients and other teams.

Equities

Focus Investment Banking

DECEMBER 5, 2024

In this article, I will expand on this question, as well as offer thoughts on managing the costs associated with a sale process and the importance of working in tandem with legal and financial specialists. Managing the legalities of running a business can be daunting, but you don’t have to do it alone.

Business

iMerge Advisors

APRIL 9, 2025

Key Drivers of Software Company Valuation Buyerswhether strategic acquirers or private equity firmsevaluate a range of quantitative and qualitative factors. Build a strong management team : Buyers want to see a business that can operate without the founder. Here are the most influential: 1. subscriptions) is the gold standard.

Valuation

Software Equity Group

APRIL 9, 2024

It’s exciting when a private equity investor or strategic buyer shows interest in your company, but it’s essential not to get carried away, especially early in the courting process. A scenario like this is where an advisor can give you guidance on how to manage any issues you are concerned about will end a deal.

Negotiation

Mergers and Inquisitions

APRIL 19, 2023

If you have an engineering background, you might get hired for your ability to read and interpret technical analyses such as feasibility reports and help bankers incorporate them into financial model assumptions. One example is Steel Dynamics, which we feature in our main financial modeling course.

Investment Banking

Mergers and Inquisitions

SEPTEMBER 11, 2024

Companies like Emerson even use these numbers to justify acquisitions like the Open Systems deal: Some consumer-focused companies here also have a subscription element, with customers paying monthly fees to manage their energy. Renewable Energy Accounting, Valuation, and Financial Modeling For the most part, very little is “new” here.

Investment Banking

Mergers and Inquisitions

NOVEMBER 15, 2023

Financial Modeling or Python / Data Science / AI: Starting in 2024, you must complete a “Practical Skill Module” on one of these topics for Levels I and II of the exam. Specialized Pathways: For the Level III exam, you can focus on portfolio management, private wealth, or private markets.

CFA

Mergers and Inquisitions

OCTOBER 11, 2023

While people obsess over investment banking and private equity, other sectors within finance, such as commercial real estate (CRE) , often go ignored. The advantages are that you can win these roles with minimal experience, and you will learn a lot about leases, property budgets, and management. but it’s fine for your first job.

Private Equity

Beyond M&A

FEBRUARY 18, 2025

Product Managers pull together a roadmap, highlight effort, cost, time, and return on investment (ROI). Case Study: When Engineering Becomes a Liability The company had already received its first tranche of Private Equity investment. A financial model breaking down cost, value, effort, and time.

Engineering

Mergers and Inquisitions

MAY 28, 2025

Private credit refers to lending between a non-bank lender , such as an asset manager or investment fund, and a company. Limited Partners Private credit funds tend to charge lower fees than traditional PE firms ; a 1% management fee and 15% performance fee might be reasonable, meaning LPs pay less for solid returns.

Capital Market

Mergers and Inquisitions

APRIL 30, 2025

Financial Modeling and Valuation: When you analyze a potential investment in CVC, you might look ahead to potential synergies if your firm ends up acquiring the startup in the future. Institutional VCs take a more holistic view and care more about whether a market is promising in general. Is Corporate Venture Capital Right for You?

Capital