Day In The Life: Private Equity Analyst

Giving a realistic snapshot of what it is like to work in Private Equity. Comment below if you have questions (I won't miss it lol)
Instagram: / evanwaang
Email: [e-mail]

[@Cinthia-gk3ip]

Private equity sounds like a mechanism that extracts the most amount of value from a business, and transfers that wealth to the few general partners. Everyone loses - the business, the employees, the local consumers, the tax payers.... except for the general partners!

[@MablePauls]

Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.

[@SirBenjamin-oq1wd]

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@Stephine-un5zs]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@SirBenjamin-oq1wd]

“Angela Lynn Shilling’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Stephine-un5zs]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@chriswalter92]

Private equity sounds like a mechanism that extracts the most amount of value from a business, and transfers that wealth to the few general partners. Everyone loses - the business, the employees, the local consumers, the tax payers.... except for the general partners

[@tahirisaid2693]

The people you’re claiming don’t benefit wouldn’t have benefited with or without the private equity buyout. The business was failing before private equity came in, they just more efficiently manage the end of the companies life. Most likely allowing most companies to work there longer than they would have been able to do before.

[@rossmacpherson986]

does the business stop working after you sell it?

[@LeviTheodore90]

As part of my retirement plans and also owing to the very shaky housing market now, I just sold a property in Philly and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains in months, I'm really just confused at this point....

[@MartinArthur-9000]

Yes, a good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge, And it also all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro...

[@JacquelineTheresa]

@VioletDorothy90 That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind suggesting the adviser you're using ?

[@JacquelineTheresa]

@VioletDorothy90 Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@gaelntore4758]

It all depends on your risk appetite and time horizon. It's best not too compare your bank account to someone else's...especially in the money game

[@endanger1630]

Keep working my guy. I love the real & honest content 🙌🏽

[@AlexPerez-ds7hl]

When I saw this video a year ago I was working in M&A with the dream of one day working in private equity. This month I received the offer and I start at the beginning of 2024. Guys, remember that no matter 30 no's, you only need one yes!

[@user-cr7hm5yy4l]

Hi , I wonder how are you doing? Are you happy now?

[@ltk7309]

@@user-cr7hm5yy4l In a mere 2 months, he had already lost all his hair and is now undergoing intensive hair treatments :(

[@josemiguelcarvalho1134]

no cap one of the best videos about having a good life while working in an industry like that. I am 16 and I wanna do economics or some shit in college but the more videos I watched about working in the finance area the more I realized how much of a slave you have to be. thanks for posting this video because it really gave me a different perspective on what life can be while working in finance. props to you for wanting to pursue other endeavors. keep up the content. great video

[@_arnie]

Still do econ because it’s so broad, I’m studying economics rn and I can major in law or cs if I want 😂😂

[@BB-ux5wd]

I agree videos like this make me rethink my decisions .

[@grantr1556]

This semester I took my first finance course. Our Professor told us that Econ is the father of finance. You can still get any job in finance with an Econ degree!

[@davidc4408]

No do math degree and minor in finance

[@cuad0130]

@@davidc4408 Agreed, math degrees can get you into finance but doesn't limit you at all, more versatile than a business/econ degree on the well paid and technical side of industries. Paired with a double degree or majors/minors in a secondary field is a powerful combination.

[@ozone1894]

only 40 seconds in. and already subbed. this dudes humor is what im looking for in a video lol. very informative also

[@tinondanga3575]

You're 20 and already in PE 😢. Great stuff. Follow your passion man. I like that you're pursuing your own side hustle

[@rtp1968]

You can cook, clean, and work like a beast! You're all that.

[@paulrivera5231]

You have a bright future. Stay focused. When you continue to achieve the women will come after you. Please consider having an email address available for your viewers. You never know, maybe some older people will want to help you. When people see how you live, then they’re more willing to help you. I’d rather help someone who’s already working their butt off rather than someone who moans about how they never get the breaks. Keep up the great work.

[@sevaner]

Noted Paul, thanks for the insight. I updated the description.

[@ZachAbdelilah03]

yoo this was a dope video definetley gonna tune in to more vlogs homie

[@LukeBlough]

Nice to see another messy cook! Feels like everyone I watch is so perfect never spilling anything lol. Great video seeing some insight into PE as well

[@lucasmattos1913]

I love the honesty

[@notcuts]

Bruh, Idk how you manage to do all that. You're doing great! Keep up the vids.

[@Nathan_siegrist]

Great video man, keep going

[@rishijoshi7249]

if you keep making vids then you r gonna have 100k + subs by the end of 2023 cuz your personality is amazing

[@sevaner]

Hey bro really appreciate the comment, will try my best to make your call come true

[@casualbusiness]

Very informative, very interesting video. Keep up the uploads

[@SuperPrem]

great video. appreciate the authenticity.

[@almurabitun]

Hope this channel grows and does well.

[@calicoesblue4703]

This is a great video bro!!!

[@RaShaudDrake]

The intro is so hilarious🤣

[@user-qw9gu8rz6u]

Good video. No stress vibes, good ration of private + professional moments. Keep up the good work, your energy will take you far. Also, you beeping out all the best words lmao

[@odetebjaco4882]

0

[@jesayajusup2083]

This guys gonna make it big on KZbin one day, good quality vids

[@sladesudhakaran4487]

Cool vid man 🐐

[@lucaspile9225]

Nice vid, keep up the good work!!!!

[@Inspower]

Great video bro!

[@elvintan486]

Hey Evan, love your editing. Was wondering if you offer any resources / advice when it comes to case studies (interviews) or perhaps a video on it?

[@sevaner]

Hey Elvin, I personally don't want to be putting out an interview tip video because I find it kinda boring, but anything technical in Finance is usually the various approaches to valuation + accounting. Literally search up "How to make a DCF" or "What is the CAPM model" you will find all the answers you need. Also refer to the BIWS 400 questions.

[@paynehill]

Thanks for keeping it real!

[@rodrigobris7766]

keep it up bud! Great work

[@jdj8168]

man your video has helped me a ton, i was always interested in pe because i love finance but also like business in general. I feel like these fields come together well in PE, is that a correct assumption? Edit: you mentioned you were 20, what education do you have?

[@ryersondalton]

Great video! Thanks so much for all the insight into a day in the life in a position I'm trying to break into, it's extremely helpful. I cold-called my way into my AM internship too lol, do you have any advice on characteristics that helped you get to where you are?

[@nikkiyevette]

Cooking for yourself vs restaurants is top tier

[@Enea_Grob]

i love the Honesty

[@simplyxmadi]

I really liked this video I was sad when I went on your page and daw its one of 2 vids. keep going.

[@puffer_fish58]

most realistic video i’ve seen about the industry. i work in PE too (more VC actually). i’m an investment intern btw.

[@economicsethan]

Best of luck with your career, if you need any help - just let me know.

[@puffer_fish58]

@@economicsethan cool!

[@GScarozza]

He did it. You got it through cold calling. I am currently on the interview stage🥶 with some random investment research firm.

[@nguyenvanluan2892]

Hey man, it's sad when i found out this is your only first video cuz I wanna see more when i've just watched for 30second, everything you said is true. Keep up your great work and I already hit the subcribe button.

[@yassineamgarou4811]

Nice video, good quality. We need you to give us more details about your work..maybe it's a great idea to be the second video on your channel or the third, the important is to go more deep than just a day routine.

[@sevaner]

Hey Yassine, I would but it would probably impede on certain company policies that I don't want to uncover.

[@adammulnix]

Fire vid, just subbed

[@alexcabrera8652]

Awesome video! You def need to make more vlogs!

[@SyedAhmed-ki1wm]

A little advice. The people on your call between 3:05-3:15 are shown which probably isn't good and may lead to problems. I suggest fixing it ASAP!

[@AdamNoizer]

Good, just checking that you seasoned your beef in the pan before adding it to the mix 👍

[@yvesloy652]

Thanks for the insight!

[@willk.5587]

awesome video, bro👍

[@ZavN11]

You’re resume must be very impressive to have landed an interview off cold calling

[@birdapp]

W vid 🔥

[@imnotok3073]

PLEASE KEEP UPLOADING

[@oldleatherhandsfriends4053]

Being on-call as a cop is really shitty because their is always a boss working 24/7 and they will call you and don't give a shit if you have slept or not.

[@riclewis9680]

I appreciate all of the shirtless content. ❤

[@filip3168]

I really enjoyed your video and I feel like your channel has potential but I have 3 questions if you don’t mind: 1. How much do private equity analyst usually make and can you improve on your role 2. How do you get hired, does your education matter? 3. Is rent expensive? It would be really helpful if I get answers because I also want to work into this kind of stuff

[@economicsethan]

(1) $135k and above for Private Equity salaries. Yes you can improve your role and increase your salary to above $500k after several years of experience. (2) You can get hired with a solid Finance or Economics degree for a top university. Increasingly, banks are more open-minded to recruit university students outside of these types of degrees and outside of top universities. You need to go through rigorous interviews - I did 9 interviews to get my Goldman Sachs Job! (3) Rent in any major city with top finance firms will be very expensive e.g. New York or London. It's best to move in with flatmates. Let me know and I can help on future questions, I have 10 Years Experience in the Finance industry and my KZbin channel will have plenty of FREE advice to help you improve your CV, Cover Letters, LinkedIn Profile and provide Interview Practice. Stay tuned.

[@christiangray5445]

Analyst make around 120-150k usually, depends on your title. I know some people who can made a little more or less depending on location. Education and GPA matters a shit ton, you need some great internships or prior experience if you don’t go to a target school. Some places require a masters. And rent is New York is dummy expensive if you work at a firm there.

[@yld333]

Based on your experience as a private equity analyst and also your own entrepreneur pursuits would you recommend the finance industry as a good stepping stone for someone who wants to run a business one day?

[@keki4578]

No. Strategy consulting would better if you want a corporate foundation. Best is to just start.

[@Wellcfcfcca12]

LOL this is very inspirational

[@Bigstu27]

PE job at 20 is super impressive man, did you graduate early?

[@jamesbyrne9312]

I do 1000 crunches before breakfast and where a face mask.

[@etc20292]

hey, I next month I am going to start studying businessmathematics in berlin I am still not sure if what exactly I am going to be doing after I finish my degree, but this for sure seems like a cool lifestyle to me, may I ask if you went to college and if so, what was your major?

[@wannabegamer170]

Great video man. What shop do you work at if you don’t mind me asking?

[@Oliver-lc9ud]

Did you find you had any internships that helped you get a better grasp on the financial world that prepared you for the PE case study interviews ?

[@economicsethan]

Internships are a great idea and can help you get used to the finance working environment. I can help you prepare for PE case studies, just let me know. Thanks.

[@whaiyetaporaie8805]

Hi amazing video!!! keep up the good work! I would like to work in an investment firm oneday as an analyst (either investment bank or private equity), and obviously since the industry is very competitive to get in, I was wondering if you could give me some insight about some odd jobs in the industry that could help me get a foot inside the door like a photocopie associate in the printing department, or a job in the mailroom , or a clerc. I might not get the analyst job but it would be good to get one of those odd jobs in the firm to start of with. Thanks

[@shahzaib1234qwer]

Cool career, you help leverage and destroy businesses. Keep up the good work

[@shahzaib1234qwer]

Don't believe me : kzbin.info/www/bejne/Zpu6mpyKlJZ6iLM

[@BusiDyonase]

From 5:30 till 6:50 i personally felt attacked 😂😂 geez bruh!

[@Pasterpollack]

Cool my thoughts. Sits in the sauna

[@maxp0werfx264]

0:55 bro on the right doing half reps like nothing hahah

[@danilastepanenkov9756]

Yo this video is sick, did u get into IB before PE?

[@sevaner]

no i didnt

[@AaronbTV]

W video

[@monojke]

hahah i love this guy

[@maccap4598]

Can u talk more about the cold emailing and who specifically you contacted? like what was their role

[@sevaner]

in the video i said cold called, if you can reach someone at a senior position (i did on accident) they would appreciate your cold call and most likely take your resume. Obviously you can’t do this at bigger shops bc you’ll reach an office manager or smt so you can find the firms email pattern and cold email them to coffee chat.

[@maxb9650]

Thats what i have always wondered about whther you work almost 80h straight or is it more like that everbody stays that long in the office because others do as well and its more about talking about it than actually working their asses off every second

[@Yuddder]

Not to impede on personal information, but what is the salary range for your specific shop?

[@PhysiqueEveryWeek]

Really informative video. Thank you for telling us how you actually got the role as well.

[@minhhuyenbui3824]

Can you make a video about how you got your job as Private Equity Analyst at the age of 20?

[@MattyBoy]

Look at bro on the right at 0:53

[@cristianfx7533]

Did you go into ib before this? And if not, do you think you’re missing out on the modeling and other experience you would’ve gotten in ib?

[@economicsethan]

Great comment, I think IB is probably the best route, at least for the first 2-3 years of your career. The long hours will pay off as you will have several years of good experience. After IB you can move to PE and have reduced hours but still with great pay.

[@jamesbrown7885]

I have a question, how are you 20 and already fully employed? or is that internship ur doing I’m confused

[@Owsryudie]

As a MC I have to ask, no daily Coco and hookah's, but once a week? xD

[@griot1722]

using a mac in finance?? yeah this aint official

[@sevaner]

lol that’s my own laptop, we were working in the meeting room

[@puffer_fish58]

lol

[@riosrlr]

Running light models - maybe IDK

[@mylesgreen9148]

I do the same thing bro

[@Jayhawkfinance]

I only use a mac for zoom calls. No way i’m able to do financial modeling on a mac lol

[@ebutuoy0312]

20 and your life is better than mine😅🎉🎉🎉

[@joshmartens24]

Hey! What school do you go to? What are your thoughts on the private equity/ IB ecosystem in Canada? And what are the best practises to break into these jobs as a young person? Thanks!

[@sevaner]

i go to ubc and could you be more specific about “thoughts?” and depending what school you’re from you probably won’t get a first year IB job but can def get a PE job (search fund or smaller PE), which can set you up for IB or just continue in the buy side space.

[@economicsethan]

I would recommend trying to move to a Financial Global Hub e.g. New York, London, Hong Kong etc.

[@user-vm8rh7ts3c]

If you’re only 20 then did u not go to college or are you working whilst also pursuing your degree?

[@raffa-swr3086]

20? Did you skip a few years. Because I’ll be going to university when I’m 17 and will graduate at 21.

[@michaelmraz2707]

Ur firm’s office is in ice condos???

[@ql4557]

Hi @Sevan, how are you doing? For those interested in entering private equity and not from a finance background, what are the best courses you would recommend to be job ready. Especially if it video tutorial.Your recommendation is appreciated.

[@sevaner]

To be honest man, don't worry about the technicals unless you're 2 weeks out from an interview. Your focus should be outreach and building a resume to get stated interview. My last PE job was a search fund, and if you look for those, you won't need any experience to get hired. This will set you up for any other PE job, as its typically a similar practice.

[@economicsethan]

I think it is best to firstly improve your Cover Letter, CV and LinkedIn Profile. I could help with that. Then we could do some interview practice sessions. Just let me know, bro.

[@neplbeli]

Hey man while this might be off topic, can you provide some other recipes that are healthy? Trying to eat healthier and make meal preps, cheers!

[@firstname2788]

Bro how are you 20 and in PE??? Did you graduate early or something?

[@MathieuDesfosses]

Hey, as a finance student I like your videos a lot, are you on linkedin?

[@Raul-sc3kx]

What is the use of that little device connected to your laptop?

[@timothybracken1728]

hi there, have an upcoming PE interview with a small shop that invests in lower to middle market companies. Any tips on passing ?

[@krishagarwal1844]

Do you ever get lonely? If yes how do you deal with it?

[@JazzFu92]

dope stuff, just wondering how you did the case interview, I'm a master of finance student, and want to work in the finance industry

[@economicsethan]

Just let me know, man. I have done 10 Years in the Finance industry including working on the Goldman Sachs Trading Floor. I can help you with your job applications and interviews. Case Studies can be a bit tricky - I managed to get through my one at Barclays with some practice.

[@yellowdeucetennis]

where is the tank that you wore to the gym from?

[@capngrace84]

Don't be evil- watch out buddy you seem like a nice kid

[@davydeiko_ilya]

Hello. Please tell me how you can very quickly agree on a 50 billion M&A program with an employee or trainee of an investment bank?

[@jaymatang02]

Thanks brother i get a perspective my question is can i made my own fortune

[@devghosh2874]

My brother goes to UBC. Please show him the ropes

[@pavanr6588]

I'm working as private equity fund accountant in India for a CANADA based fund.. can u please let me know what would be appox salary for an 2 years experience candidate in your company

[@nicholaschoi8096]

I know you work in finance but you also mentioned you are taking comp sci. May I ask why you chose PE over something like software engineering? Isn't the lifestyle much more relaxed in tech even though you get paid pretty much the same?

[@sevaner]

LOL tech gets paid way more, always wanted to end up in the entrepreneurial route so I thought this would supplement that process. Studying compsci because its a skill that's in demand and didn't think I needed a finance degree to work in the industry.

[@nicholaschoi8096]

Sheesh I might have to go into comp sci then lol. U recommend Waterloo and UofT?

[@sevaner]

@@nicholaschoi8096 dude don’t just look at pay, do smt you won’t hate doing everyday; money don’t mean jack when you don’t like life, that being said Waterloo is great, if you wanna go outta ON, SFU has good compsci.

[@factofmumbaikar9371]

What's the qualification required for private equity research and skills required

[@lw.1013]

can you please share the case at the interview?

[@dlamini9747]

I'm an accounting student from South Africa and I'm interested to know what qualifications do you hold in order to become a private equity analyst? I'm very much keen in exploring the investment and banking side of finance.

[@newgate289]

From what I’ve heard u don’t really a qualifications, but you need good grades, good excel skills and more. U can search for more people on KZbin who are talking about it

[@user-ky4zt1ni6e]

if you want a career path, some become investment bankers and go through the standard 2-3 year analyst program, and then branch out to private equity, hedge funds, or venture capital.

[@rohanvyas9325]

on an average how many hours/week do you work?

[@JimmyA.Alvarez]

If life gives you lemon, you make lemonades, so at this point instead of waiting for stocks to crash or recovery, focus on how to profit off the current market, Bloomberg, WSJ, BBC business(just to mention a few) have been recording cases of folks averaging 350k in 12weeks, so there's money being moved around if you know where you're looking.