Careers in Private Equity

Welcome to the Evisors Webinar

Visit us online at www.evisors.com

Careers in Private Equityfeaturing

Arion Robbins

Hosted by: Career Advisors on Demand..com/webinars

http://www.evisors.com/webinars/webinar/60


Careers in Private Equity

I. About Arion

II. Overview of the Types of Investing

III. What is Private Equity?

IV. Researching the Industry

V. What are Firms Looking For?

VI. What to Expect in the Recruiting Process

VII.Q&A




About Arion

Education:

• University of Pennsylvania (B.A. in Economics ‘06)

Previous Work Experience:

• Financial Advisor at Wachovia

• Investment Banking Associate at Barclays Capital

Currently:

• Associate at Tenex Capital Management

Other:

• Chartered Financial Analyst

• 8+ years of experience across the financial services industry




Investment Size/EV Holding Time Objective

High Frequency Trading

Less than 1% Seconds/Minutes/HoursCapture small temporary

pricing anomalies

Prop Trading Less than 5% Hours/Days/WeeksCreate value through

arbitrage

Long/Short Equity Hedge Fund

~3-10% Weeks/MonthsCapture relative value

discrepancies

Private Equity Varies, but often 100% 2 -4+ YearsBuy at or below potential value and apply change to

surface gains

Holding Company Varies, but often 100%"Our favorite holding

period is forever"Buy at or below intrinsic

value and wait

Overview of the Types of Investing




What is Private Equity?

1.• Capital is raised from retail and

institutional investors

2.• Investments made directly into private

or public companies

3.

• Investments exited after a period of time in order to return profits to investors (5-7 year full cycle)




• Investment sourcing

• Investment diligence

• Portfolio company monitoring

• Investment communications

What do you do in Private equity?




Ways to Research the Industry

• Evisors

• Career services/school alumni

• LinkedIn

• Newspapers

• Investing books

• Industry newsletters eg, Dealbook

• Company websites

• Vault or Wetfeet guides




What are Firms Looking For?

• Relevant work experience

• Previous investing or analytical experience

• Eg, Investment clubs, internships, previous jobs

• A passion for investing and general curiosity

• Can’t just be a means to a high salary

• Need to know that you want to get to the right answer

• Strong work ethic

• Diligent with good attention to detail

• Prove through academics, experience, extra curriculars

• Thought leadership

• Creatively approach problems

• Analytical mind set

• Articulate, strong communications skills

Hosted by:See the rest at evisors.com/webinars/webinar/55





Choosing Your Firm


http://www.vss.com/index.asp

http://www.elementpartners.com/index.html




What to Expect in the Recruiting Process

The Application

• Resume• Cover letter• Application• Tailor each application

to the company• Follow up

The Interview

• Resume walk• Answer basic questions

on why you want this career/role/firm

• Expect technical questions

• Have questions ready for interviewer






Questions & Answers

Question 1:

How many interview rounds did you expect

going through private equity? Did you notice

any differences within each round?

Hosted by:See the answer at evisors.com/webinars/webinar/55




Questions & Answers

Question 2:

Is there anything particular within private

equity across different geographies?





Questions & Answers

Question 3:

What do you think about private equity

careers within a tough economic climate?






Thanks for Joining!

Book your one-on-one session with Arion atwww.evisors.com/expert/1263

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http://www.evisors.com/expert/1263

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