A Week In the Life of a Private Equity Associate

Поділитися
Вставка
  • Опубліковано 20 січ 2025

КОМЕНТАРІ • 59

  • @rareliquid
    @rareliquid  16 днів тому +5

    Hey guys! As I mentioned in this video, there will be 2 other week in the life of a PE associate videos coming out later in Jan / Feb covering what life is like in the 3 different phases of a PE deal (which you can learn more about here - ua-cam.com/video/ONGj7Xq3roE/v-deo.html&ab_channel=rareliquid). The 2nd phase is the busiest and most intense so that will be a good one to watch.
    Also, three things I mentioned in the vid in case you're interested:
    [1] Sign up for my 10 best tips on how to break into banking - FREE banking recruiting newsletter - tinyurl.com/rareliquid-banking
    [2] Join my community for breaking into banking - skool.com/rareliquid/
    [3] Wharton / Wall Street Prep PE Certificate Program (use code RARELIQUID for up to $500 off) - secure.enroll.wharton.wallstreetprep.com/referral/fkx0rrss/s2yqD1GUkwps4u5h
    Hope you enjoyed the vid!

  • @SCheng09
    @SCheng09 16 днів тому +19

    Step 1: Get a Patagonia vest
    Step 2: Buy an equinox membership you’ll never use
    Step 3: Get another Patagonia vest because all your coworkers have the first one you got.
    Congrats! You’re a now a finance bro.

  • @zionwilliamson7110
    @zionwilliamson7110 15 днів тому +2

    This seems very light for PE

  • @seishunpop
    @seishunpop 16 днів тому +5

    Startup content would be cool to see on the channel. How selling startups to PE firms works, the process of securing VC funding, a guide to services offered by consulting/banking firms to startups, etc.
    Edit: Additionally, a video on luxury watches for each stage of your career in consulting/finance would be funny.

    • @rareliquid
      @rareliquid  16 днів тому +1

      pe firms don’t often buy startups actually they purchase more mature companies but i hear you on the startup vc content and im not into watches haha

  • @TonyN-n4l
    @TonyN-n4l 16 днів тому +4

    Great video

  • @ravinduakalanka6834
    @ravinduakalanka6834 16 днів тому +6

    Ben, this is a big question I have in my mind... Think about it, when aiming to become a CEO or an MD in an investment bank (with sufficient experience and other qualifications like MBA), does the first degree they completed have an impact? The reason I'm asking this is that most CEOs of investment banks have been economics majors and other majors like STEM and art too, and none of them seem to have been finance majors. Why is that? Can't finance graduates become CEOs in investment banking?Is there a better positive demand of these majors than finance?

    • @AshtonVsMarket
      @AshtonVsMarket 16 днів тому +6

      As Jim Simons says, "you can teach a physicist finance, but you can't teach a finance person physics"

  • @poshbo
    @poshbo 14 днів тому +1

    The timelines in this video assume the PE firm and the seniors are highly organised and efficient, which is often not the case. In real life, juniors often waste lots of time performing tasks that lead nowhere and spend hours just waiting on feedback from seniors but then must do another turn of the work product immediately, no matter the time of day.
    Also, any substantive calls with lawyers, auditors and sell side advisors are almost always led by somebody at VP level or above; associates rarely take the lead (unless it's a regular weekly update type call for ongoing projects where the associate just takes notes of what's happened in the project).

  • @powerlessviet
    @powerlessviet 15 днів тому

    Thanks for working so hard.......

  • @MarkLewis-v3v
    @MarkLewis-v3v 16 днів тому +15

    From $10,000 to $50,000 that's the minimum range of profit return every week I thinks it's not a bad one for me. now I have enough to pay my bills and take care of my family❤

    • @RubyRosay-k7q
      @RubyRosay-k7q 16 днів тому +4

      Hello, how did you achieve such biweekly returns? I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?

    • @rowdiehowie
      @rowdiehowie 16 днів тому

      ​@@RubyRosay-k7q I've followed many traders over the years, but none have been as consistently accurate as Mr Mark hutchinson... He's truly in an inspiration to us all kudos to him✌️✌️

    • @Mohed-u5o
      @Mohed-u5o 16 днів тому

      ​@@rowdiehowie I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Mr Mark hutchinson....
      High recommended 🙌

    • @ge045
      @ge045 16 днів тому

      This is correct,Mark hutchinson strategy has normalized winning tra-des for me also and it's a huge
      milestone for me looking back to how it all started,...

    • @withmonis_z
      @withmonis_z 16 днів тому

      ​@@Mohed-u5o Please how do I reach out to this Coach Mark y'all speak highly of??

  • @zoosmaster
    @zoosmaster 16 днів тому +1

    Hi Ben, would a week in the life of a PE Associate be similar to that of a PE Analyst?

    • @rareliquid
      @rareliquid  16 днів тому +1

      there aren’t that many pe analyst positions since that would be right after college but i’d say pretty similar in terms of what you work on but more of supporting the associate vs running the deals

    • @zoosmaster
      @zoosmaster 16 днів тому

      @@rareliquid Got it, thank you so much for your prompt response. Your videos are truly a blessing for all aspirants.

  • @javilopezygarcia.
    @javilopezygarcia. 12 днів тому

    Which it’s your vertical monitor? Could you share the model to look for it in Amazon pls

  • @NoneStopDamage
    @NoneStopDamage 14 днів тому

    why cant you say associate properly

  • @Rizzickk
    @Rizzickk 14 днів тому

    Any idea of compensation for this level of work?

  • @MorganDavid-v1c
    @MorganDavid-v1c 15 днів тому +2

    Thanks to You Mate, I have realistic expectations for this bullrun. Got into crypto early this year and I have truly learned a lot from you about cycles, crypto and markets as a whole. Now I know that all assets/markets are heavily tied to eachother and global economy has very high impact on Crypto. Thats why I am very cautious about when traditional markets top and how this affects Bitcoin and altcoins. If i havent discovered your channel I would have blindly holding instead of engaging the market........ I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months... I'm especially grateful to Ray F Johnson Crypto, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

  • @juanshaftpatel7488
    @juanshaftpatel7488 16 днів тому +5

    patagonia vest required

  • @dreamtofly3304
    @dreamtofly3304 15 днів тому

    @rareliquid I have done my bba and mba in investment management from a decent university in the uk . I am a completely fresher don't have work ex. To become a hedge fund portfolio manager in uk ,do I really need to do cfa ,is it mandatory? Please reply 🙏 if not what I can do to skill up amd learn ?

  • @cyclops.stonks
    @cyclops.stonks 16 днів тому

    The thumbnail made me think it was a day In your life 😂

  • @kyjames5521
    @kyjames5521 6 днів тому

    You forgot to mention how you just determined to sell blackened greedy soul to be in private equity.

  • @Pgi458
    @Pgi458 16 днів тому +2

    You’re back working the corporate life?

    • @bigking3890
      @bigking3890 14 днів тому +2

      At the 0:15 mark he says he consulted with friends for the information in this video.

  • @finpli2673
    @finpli2673 14 днів тому

    what keyboard is that in the background lol

  • @cyclops.stonks
    @cyclops.stonks 16 днів тому

    Why do you use three monitors
    I'm curious. 😊

    • @FlashRyu
      @FlashRyu 16 днів тому

      One for looking at financials, one for the softwares he does his work on, and the other for web browsers so he can browse UA-cam and news to distract him from the financials and work he’s doing.

  • @daandominicus895
    @daandominicus895 16 днів тому

    Can you also explain how you analyse the risks and competitve position/advantage in PE. I feel like that its the most difficult part but I might be wrong. You can also reply to my message if you want so, it would be helpful 👍

  • @davidc4408
    @davidc4408 16 днів тому +1

    What is max salary?

    • @rareliquid
      @rareliquid  16 днів тому +1

      depends a lot on firm and office but in ny one year out of banking so third year out of college max is prob around 400k

  • @ExtremisPounder
    @ExtremisPounder 16 днів тому +1

    Do you work at BlackRock?

    • @rareliquid
      @rareliquid  16 днів тому

      nope i made this video after speaking with friends who work in pe! i mention this in beginning of vid

  • @Popnlockndude
    @Popnlockndude 16 днів тому

    @7:33 purrrrr

  • @BUFUmantys
    @BUFUmantys 16 днів тому

    Great video as usual! Bit off-topic question but what is the job of buy-side M&A advisors advising PE firms on deals?

  • @christopherdevine2811
    @christopherdevine2811 15 днів тому

    Depressing

  • @husseinarslan7173
    @husseinarslan7173 15 днів тому

    How can I talking with you, did you have LinkedIn?