This video is focused on getting a post-MBA or "partner track" job in private equity. Brett Lacher has secured jobs in private equity at the associate, senior associate and VP level. He also taught a course on the subject at Columbia University where he earned his MBA.
This video spends less time focused on the technical skill set required, which is generally the focus of the analyst / associate level interview, and more time on the interview process and networking required to secure a job at the senior associate / VP level.
Brett has offered to come back and do another interview to address any questions that viewers might have, so please feel free to comment below!
03:05 Interview Objective
03:40 Unique Parallel Between the Job and the Process
05:30 Types of Private Equity
06:20 The Right Fit (and Getting Comfortable Hearing "No")
07:22 How the Skill Set Evolves from Analyst to Partner
09:03 Partner Track Hire
10:56 Building the Model is the Base Requirement
13:10 Personal Preparation
16:44 Develop a Network of Private Equity Firms
18:25 Match Personal History with Fund Type
20:52 Cold vs Warm Emails and Introductions
24:15 How to Follow Up
25:25 200 Conversations to Get the Job
26:20 Email Tip: Google Snooze
26:41 Persistence Pays Off ("I never respond to the first email.")
27:50 The Private Equity Coffee Chat
29:50 Start 6 Months to One Year in Advance
30:28 One Pager
32:33 Actual Interview Preparation
33:51 The Value of Taking Notes
34:40 Turn an Interview Into Dialogue
35:18 Post-MBA Interview Format
39:53 Develop Questions for Each Interview
42:07 Interview Tips
45:41 Never Know When You Are Being Evaluated
46:30 Send a Thank You Note
47:38 Follow Up (The Same Way PE Professionals Follow Up on Deals)
51:53 Prime Your Mind
52:26 Know When to Take a Break and Rest
53:11 People Work VERY Hard to Get the Job
54:38 Post Job Offer
58:34 Leverage Offers to Get Offers
1:00:51 What to Do Once You Have an Offer
1:04:00 Dealing with Recruiters
1:05:52 Q&A
Private Equity Training:
www.asimplemodel.com/PrivateEq...
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