Comments on: Private Equity Interviews In 3,000 Words http://www.mergersandinquisitions.com/private-equity-interviews/#utm_source=rss&utm_medium=rss&utm_campaign=private-equity-interviews Discover How to Get Into Investment Banking Thu, 11 Mar 2010 10:05:14 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Eastern Europe http://www.mergersandinquisitions.com/private-equity-interviews/comment-page-1/#comment-9300 Eastern Europe Fri, 29 Jan 2010 10:42:34 +0000 http://www.mergersandinquisitions.com/2008/04/07/private-equity-interviews/#comment-9300 Thanks for answer, I'm just a bit surprised that PE houses consist of 99% ex IB guys and 1% industry guys (always at senior adviser level, halftime at their french Provence house and halftime at the board meets :). PE guys still have a 3-5 year perspective of actually transforming a company, not just gearing the balance sheet at the point of transaction. Maybe one associate in any team could provide value from having operational knowledge of an industry in which the PE house is focusing. The PE associate friends of mine are visiting their portfolio companies more or less every week anyhow, clearly they are involved. Anyhow, the grass is always greener on the other side, an eternal curse. Thanks for answer, I’m just a bit surprised that PE houses consist of 99% ex IB guys and 1% industry guys (always at senior adviser level, halftime at their french Provence house and halftime at the board meets :) . PE guys still have a 3-5 year perspective of actually transforming a company, not just gearing the balance sheet at the point of transaction. Maybe one associate in any team could provide value from having operational knowledge of an industry in which the PE house is focusing. The PE associate friends of mine are visiting their portfolio companies more or less every week anyhow, clearly they are involved.

Anyhow, the grass is always greener on the other side, an eternal curse.

]]> By: M&I http://www.mergersandinquisitions.com/private-equity-interviews/comment-page-1/#comment-9229 M&I Mon, 25 Jan 2010 15:17:26 +0000 http://www.mergersandinquisitions.com/2008/04/07/private-equity-interviews/#comment-9229 I'm not sure what you mean by "young industrialists" but essentially PE has very little to do with operational knowledge and is far more finance than running a company. IB and PE are almost the same in terms of skill set - running a company is completely different and takes different skills. I’m not sure what you mean by “young industrialists” but essentially PE has very little to do with operational knowledge and is far more finance than running a company. IB and PE are almost the same in terms of skill set – running a company is completely different and takes different skills.

]]> By: Eastern Europe http://www.mergersandinquisitions.com/private-equity-interviews/comment-page-1/#comment-9218 Eastern Europe Mon, 25 Jan 2010 11:42:55 +0000 http://www.mergersandinquisitions.com/2008/04/07/private-equity-interviews/#comment-9218 Great post! Small question- why are PE firms never interested in talented young industrialists, I mean the kind/quality of people who earn more than their friends who went into IB (then PE) after graduation? The modelling you pick up in 2-3 months, but then someone is supposed to be able to advise a company to turn around, transform or just excel in growth. I just can't understand why it would not be interesting to have some industrial leaders completing the hoard of ex IB analysts. Great post!

Small question- why are PE firms never interested in talented young industrialists, I mean the kind/quality of people who earn more than their friends who went into IB (then PE) after graduation? The modelling you pick up in 2-3 months, but then someone is supposed to be able to advise a company to turn around, transform or just excel in growth. I just can’t understand why it would not be interesting to have some industrial leaders completing the hoard of ex IB analysts.

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