Cain & Mann’s Post

Private equity firms, the deal market is picking back up but what does that mean for hiring executives? It means that your lead candidate will become more difficult to land. I can guarantee if you like them, another 3 PE firms do as well. More PE deals = more portfolio companies that need to hire = more inquiries your lead candidate receives. So sharpen your pencils on interview process speed, selling of your firm and port co, and equity illustrations candidates trust. #privateequity #hiring

Today, I’m excited to share a valuable resource for anyone looking to break into private equity: Unlocking Your Path to Private Equity: An In-Depth Guide. Created in collaboration with one of our mentors, a Blackstone analyst, this guide is packed with insights and strategies designed for aspiring private equity professionals. Highlights of the Guide: Comprehensive analysis of the backgrounds preferred by top PE firms. Insider insights into both on-cycle and off-cycle recruitment processes. Proven strategies for excelling in private equity interviews. Detailed exploration of regional recruitment differences. Tailored advice for non-traditional candidates entering the private equity world. This guide simplifies the complexities of the private equity sector, providing clear and actionable steps to help you on your career journey. It’s not just information—it's a roadmap to success in one of the most competitive fields in finance. To grab your copy of the guide all you have to do is: ➡️ Follow Thomas Dussud and follow The Banking Vault ➡️ Like this post (Our automation tool will verify) ➡️ Drop your email in the comments, and we will send you the complete excel file. 🚀 Join our Telegram community with 12,000+ members sharing live finance tips, interview prep, and job opportunities: https://lnkd.in/eYx2pG9T.

After helping many private equity executives land roles, I've found they all share four key success drivers: - Understand the PE Perspective: They "get" what matters to PE firms and deliver accordingly. They craft their resumes and present their information in a way that resonates directly with PE firms. - Have a Successful Track Record: They have achieved career success and communicate it clearly and succinctly with metrics. - Leverage a Strong Network and Relationships: They are adept at building relationships. They leverage connections within the industry, including investors, company executives, bankers, and others, to discover job opportunities and gain referrals. - Take Advice: They collaborate with a coach throughout their job search and interview process and actively heed their advice. If you’re interested in landing your next executive role in private equity, please direct message me with your email and resume. I’ll notify you once Thrive Resources’s upcoming program waitlist is live.

If I'm an executive interviewing for PE roles here's what I'd focus on: My equity $ figure at exit rather the equity %. I had a call with a CRO last month who said they wouldn't consider a new role unless it came with 1% equity. I can't blame the person, that's where they've been in roles and dont know how the market works. But here's what I told them. 1% equity is not created equal in all deals. You must take into account the size of the business, sector, and PE firm's track record of success. They had a 1% stake in a business that grew from $10mm to $30mm revenue and they made $2mm at exit. However, the role we were discussing was for a $40mm revenue business and a .75% equity stake would yield the same $2mm at exit. So in your next interview process, ask how much you're estimated to make at exit rather than the equity %. #privateequity #equity

Private Equity Associate recruiting starts insanely and ridiculously early – last year, it started while most first year bankers were still in training. While we haven’t yet figured out how to change that (*we would love to!*), we are focused on how to reduce the stress around it by helping students prepare for the competitive and sometimes overwhelming recruiting process. We are launching the Recalc Academy Private Equity Bootcamp this spring to help Seniors heading into investment banking or consulting prepare for PE, private credit, and growth equity recruiting. If you plan to recruit anytime during your first 1-1.5 years of work, while you are still in school is the time to build the technical foundation (you are likely to have limited time after starting work…). This course will focus on LBO model prep and include other related recruiting topics. There are two ways to participate: You can apply to join our live course (Friday afternoons February through May) OR access our recordings-only version of the course. This application-based program is free to seniors in college. In exchange, we expect you to be committed and highly engaged in the course. Join us for an info session on Tuesday January 14th from 6-7pm ET: https://lu.ma/tmgupafk and learn more here: https://lnkd.in/eTQ4gV7f Applications will be open Jan 14-Jan 20th. Finally, we would love your help spreading the word. Please share with anyone in your network starting an investment banking, consulting or transaction advisory role in 2025 who might want a jump start on buyside prep.

'I rejected a candidate with 10 years of PE experience for someone with 2 years. The difference? Preparation,' a Blackstone Partner told me last week. Here's what separates those who land dream roles from those who don't. Working with investment professionals who consistently secure roles at top PE firms, I've noticed they share one crucial trait: methodical, exhaustive preparation. The candidate who secured the role? They spent three months: Analyzing every portfolio company in detail Building models for comparable deals Studying the firm's investment thesis Preparing industry-specific insights The senior candidate who didn't? Experience alone. No deep preparation. I see this pattern repeatedly. The professional who joined KKR? They analyzed 50+ deals before the interview. The Associate who moved to Apollo? They could discuss market trends across three sectors in detail. What looks like natural talent in PE interviews is usually hours of unseen work: Understanding portfolio companies inside out Knowing recent deals and their rationale Preparing thoughtful investment theses Building relevant case studies The Managing Director concluded: 'Give me someone who prepares like their life depends on it over someone who relies on experience every time.' Best part? This isn't about innate ability or years of experience. It's about the work you're willing to put in before the spotlight moment. Want to know how our candidates prepare for life-changing PE interviews? Follow me! #PrivateEquity #Careers #Investment"

True Search Private Equity co-lead Matthew Goldstein and I got together to answer some questions about where PE-backed companies should look to find their next CFO, internally or externally. Given the existing talent pool with spot-on experience is comparatively small, we spell out the qualifications companies should look for when considering candidates with non-traditional backgrounds. Catch all our insights here: https://bit.ly/4akEq1f

Attention investment bankers! Want to break into private equity? 💡 Check out these 5 tips to boost your chances: 📚 Prepare Early: The on-cycle interviews typically begin 18 to 22 months before the expected start date. So start preparing as early as you can. 👩💼 Impress Your MD: Make a solid impression—your MD will be a key reference for recruiters. 🤩 Position Yourself Wisely: Focus on the right industries and deals to make yourself more appealing. 🤝 Be Proactive: Reach out to PE recruiters early and look for roles that will build your credentials. 👊 Develop Investor Judgment: Sharpen your investment judgment skills to really stand out in interviews. ---- Struggling to break into private equity? 🚀 WSO Academy has helped students land offers from top PE firms, even those from non-target backgrounds. Curious? ✅ Learn more about us - https://lnkd.in/gN9yH8gM #privateequity #investmentbanking #wallstreet

Attention investment bankers! Want to break into private equity? 💡 Check out these 5 tips to boost your chances: 📚 Prepare Early: The on-cycle interviews typically begin 18 to 22 months before the expected start date. So start preparing as early as you can. 👩💼 Impress Your MD: Make a solid impression—your MD will be a key reference for recruiters. 🤩 Position Yourself Wisely: Focus on the right industries and deals to make yourself more appealing. 🤝 Be Proactive: Reach out to PE recruiters early and look for roles that will build your credentials. 👊 Develop Investor Judgment: Sharpen your investment judgment skills to really stand out in interviews. ---- Struggling to break into private equity? 🚀 WSO Academy has helped students land offers from top PE firms, even those from non-target backgrounds. Curious? ✅ Learn more about us - https://lnkd.in/g6dZnAk5 #privateequity #investmentbanking #wallstreet

Today, I'm excited to share our 7 page guide to help you break into private equity made in collaboration with a Blackstone analyst. This document offers a concise guide to entering private equity (PE), covering entry paths, recruitment processes, and interview preparation. It's super valuable for all PE applicants because it provides insider knowledge on what firms seek in candidates and how to navigate both on-cycle and off-cycle recruitment. The guide explains the preferred backgrounds for PE firms, details interview question types, and emphasizes the importance of cultural fit and passion alongside technical skills. It also highlights regional differences in PE recruitment, using Brazil as an example. If you want to receive the complete set of questions: ➡️ Follow my page, Thomas Dussud and The Banking Vault ➡️ Like this post and comment your email 📩 👀 Repost this to your network and DM me "BLACKSTONE" to receive it quicker + a surprise guide that will not shared publicly. 📢 I also invite you to join the +11,000 people in our free Telegram channel (https://lnkd.in/eYx2pG9T) exchanging last-minute interview tips and online test screenshots.