Hi everyone! I have a 2-hour case study coming up with a LMM PE fund, with a 30-min debrief discussion/presentation afterwards. Any advice to prepare/what to expect?

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It can vary, but it’s likely an opportunity review. They will probably give you a CIM and financials and ask you to articulate an investment thesis and risks, rough S&U and valuation (paper LBO or simple model), and diligence plan. Sometimes it’s more of a consulting case interview but with a transaction element (case plus LBO math)

It’s hard to give specifics for an unknown interview process. It might be an Excel model and then walking through assumptions. Generally the output isn’t in PPT unless it’s a take-home study, but it might be. 2 hours is enough that it might be a full LBO build, they might provide a BS or financials, or could be based on a template

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