Is it normal for LMM PE shops to have you complete a case study before an intro call? It's happened for the past 4 firms I've applied to but I'd rather not do a case study if I don't feel like there's a fit.

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Just wrapped up LMM PE recruiting - yes that is very weird, especially that it’s happened 4 in a row. Even if it were just a model, that’s weird much less a case study

I mean personally, I was very open to anything in LMM, but if you’re saying there isn’t even info on their strategy or AUM (not even a rando businesswire or self published article) then this sounds like what a 5 man search fund or fundless sponsor? I’m guessing this isn’t run through a headhunter retained the fund?

Like the fund you’re looking at should be at least somewhat reputable in that there’s some articles out there about them.

So, if there’s no info on this fund AND I had other options, I would prioritize it last. Would I still do it? Yeah I mean if I had extra time sure depending on how rigorous but it would be bottom pile of my to do list. Oh and if you’re desperate then well yeah

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