How to Get a Job in Private Equity

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...
Related: How I Got My First Job in Banking
• How I Got My First Job...

[@anthonykaan807]

This is great Gents, thank you. Networking, respectful of people's time and going at it are all vital to staying ahead. Thank you both again, stay blessed.

[@user-ts7uf7cr8o]

This video is so informational.

[@paulb2022]

Great interview. Thanks for taking the time to put this together.

[@ASimpleModel]

Thanks Paul!

[@shantbekarian6235]

This is beyond informational. Amazing channel Peter - looking forward to watching the other videos

[@ASimpleModel]

Thanks Shant! I hope to have more interview-style videos up soon.

[@mikoff72]

Thanks for recommending this video Peter, very informative.

[@ASimpleModel]

Absolutely Nick! Glad you found it helpful. Thank you for commenting!

[@spaceork6973]

Underrated video. Thank you for posting

[@ASimpleModel]

Glad you enjoyed it!

[@vijaychouhan3610]

Excellent interview, really informative. Thanks very much for your efforts.

[@ASimpleModel]

Glad it was helpful!

[@AbhishekSharma-mp1zt]

Peter this interview with Brett is very informative and extremely useful. Please do more such interviews in the future if possible.

[@ASimpleModel]

Thanks Abhishek! I definitely plan to bring more interview related content to ASM. Great to hear you enjoyed it!

[@johnr2546]

Getting to peek behind the curtains and look into the difference between pre-MBA and post-MBA/partner track interviews was incredible. Thanks Peter!

[@ASimpleModel]

Thanks John!! Most appreciated.

[@rosariogonzalezlamberta6399]

Felicidades Peter! Me gustó mucho muy interesante! Estamos pendientes para las próximas! Te mando un abrazo muy grande

[@ASimpleModel]

Gracias Rosario!

[@sheblalbatea3292]

Great answers and even greater questions

[@ASimpleModel]

Thanks!

[@jayhoovy]

Can't wait to see more of your videos! Keep up the good work! Loved the concept and insights.

[@ASimpleModel]

Thanks!

[@janeswayne6524]

This video is so informational & useful. It really changes my mind about networking. I kinda know that networking shoulnd't be transactional but never really sure how to go about it the right way. This video offers so much insight as to how to network, and even the longer term benefits of networking that most people might not pay minds to

[@ASimpleModel]

Networking is wildly powerful. Great to hear you found it useful!

[@carlosenciso45]

Great video

[@ASimpleModel]

Thanks!

[@JamesonSharp]

By the way Peter... Love the Story about Arm Wrestling the Prospect Employee to give them the Job. LOL "That's awesome."LOL

[@ASimpleModel]

haha, thanks Jameson! appreciate you taking the time to write!

[@bangmachiv]

Subscribed

[@sukhbirkapoor309]

For individuals who have operational experience working with entrepreneurs and have been instrumental In transformation of companies and it’s exit , what advise do you have for them to move to Private Equity world ? Thank for attention and hope to hear !

[@uchennajochezokoro7164]

This interview is not just about Private Equity. I think a lot of networking tips are embedded here.

[@ASimpleModel]

fully agree with you, networking is critical!

[@karanbhardwaj9125]

Thanks for explaining in easy way... Can you please let me know what course or certificate should I do for growing in PE as I am from india and Charatered accountant

[@ASimpleModel]

Hi Karan, I am unfortunately not familiar with the PE market in India. Wish I could be more helpful on that front!

[@neilknightley4703]

i think they are too nice to tell u that u wont get into private equity. forget it. if u do, they wouldnt have to watch a video like this tbh.

[@dac8939]

Skip it. Make $10 million in crypto then life of the investments

[@ASimpleModel]

I missed the boat, slogging it out in the original "alternative" investment category :)

[@dac8939]

@@ASimpleModel boat for 100x returns mostly missed but still 5x, 10x, 20x returns plus avaliable. Bitcoin and ethereum will do well over next 10 years

[@Xez1919]

Don't do it. They will harvest your soul.

[@ASimpleModel]

Haha, which firm did you work for?!

[@Anonymous-rp4hn]

What a try hard