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How to Get a Private Equity Job          © Copyright Job Search Digest
Competition for Small Number of Jobs    • Firms selective about who & when      they hire    • Most firms have small numbe...
The Usual Suspects• Network of contacts• Education      – Ivy League have long been schools of choice             • Harvar...
Before Private Equity Source: PrivateEquityCompensation.com                                                         Hedge ...
Education & Experience    • MBA’s earn higher base & larger      bonus on average *           – Variance almost disappears...
Entry Points• Investment                          • Increasing focus  banking                               on operational...
Recruiters…How Important?    • Recruiters & job boards account for largest      single source of job opportunities        ...
Positioning Yourself    • Come in contact with people in private      equity industry    • Broaden your network           ...
Consider Making a Move• Other professions can offer a  springboard into private equity      – Management        consulting...
Mergers & Acquisitions Experience   • M&A transactions          – closest to private equity work   • PE firms will look at...
When the Going Gets Tough…• Not for the faint-            • Perseverance &  hearted                         ability to sel...
Where Do You Want to Be?There are a number of strategies to improveyour chances:• Work in areas, such as investor relation...
Thank You                                        Visit JobSearchDigest.com                                           for m...
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How to Get a Private Equity Job

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Overview of ways to find and land a PE job.

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How to Get a Private Equity Job

  1. 1. How to Get a Private Equity Job © Copyright Job Search Digest
  2. 2. Competition for Small Number of Jobs • Firms selective about who & when they hire • Most firms have small number of staff • Firms hire based on need – Many different factors drive needs • Competition is high – Financial professionals with more experience© Copyright Job Search Digest
  3. 3. The Usual Suspects• Network of contacts• Education – Ivy League have long been schools of choice • Harvard Business School grads comprise >27% of senior leaders at PE firms • Tuck School of Business @ Dartmouth is also well established center for PE hires• Less critical for PE professionals with <5 year’s work experience Source: Job Search Digest “Private Equity Compensation Report”© Copyright Job Search Digest
  4. 4. Before Private Equity Source: PrivateEquityCompensation.com Hedge Industry Fund 6% 1% Investment Banking Other 29% Student 20% MBA 9% Public Management Accounting Consulting 6% Other 21% 8%© Copyright Job Search Digest
  5. 5. Education & Experience • MBA’s earn higher base & larger bonus on average * – Variance almost disappears with >5 year’s work experience • Combination of academic credentials & strong employment track record – Junior positions: financial skills & quick study – Senior roles: industry contacts & ability to build rapport with executivesSource: PrivateEquityCompensation.com© Copyright Job Search Digest
  6. 6. Entry Points• Investment • Increasing focus banking on operational – Provides training for experience intense analytical & financial modeling • Private equity skills networking – Connect to people in targeted firms via 2nd & 3rd level contacts© Copyright Job Search Digest
  7. 7. Recruiters…How Important? • Recruiters & job boards account for largest single source of job opportunities How Did You Find Your Current Position? Other 7% Personal School network 7% 22% Founder 7% Previous employer relationship 12% Professioinal network 20% Recruiters & Job Boards 25%Source: PrivateEquityCompensation.com© Copyright Job Search Digest
  8. 8. Positioning Yourself • Come in contact with people in private equity industry • Broaden your network – May uncover an opportunity to join a firm • Develop strong relationships with niche recruiting firms – Headhunters© Copyright Job Search Digest
  9. 9. Consider Making a Move• Other professions can offer a springboard into private equity – Management consulting, law, accounting, operations• Experience as senior THE level exec – Industry that interests BACK PE firms OFFICE – Transition easier with proven track record© Copyright Job Search Digest
  10. 10. Mergers & Acquisitions Experience • M&A transactions – closest to private equity work • PE firms will look at: – Your contributions to a deal – What you learned – If you were part of an unusual transaction • Polish skills – in research, due diligence, discounted cash flow, debt structuring & LBO modeling… Get this training at: FinancialModelingCourse.NET© Copyright Job Search Digest
  11. 11. When the Going Gets Tough…• Not for the faint- • Perseverance & hearted ability to sell• Smart, talented, de – Helpful throughout termined people PE career succeed – These are skills needed to convince• Persistence & CEOs, potential networking investors, partners in your firm© Copyright Job Search Digest
  12. 12. Where Do You Want to Be?There are a number of strategies to improveyour chances:• Work in areas, such as investor relations & risk management• Work for a portfolio company of a PE firm• Take a pre-MBA analyst position in a PE firm• Job that involves M&A to build your track record in deal making• Gain operational experience or deep industry niche experience© Copyright Job Search Digest
  13. 13. Thank You Visit JobSearchDigest.com for more information © Copyright Job Search DigestImages used with permission from Microsoft

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