What do people in PE ops do?
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Chief
Private Equity operations
I was under the impression it was essentially consulting or interim management of PE portfolio companies but I imagine there is more to it than that
Pro
VCPs
Achieve synergies
Try and fail to achieve the absolutely egregious and impossible targets that the deal team and DD consultants “identified.”
Chief
I can actually comment on this as the company I work for was bought by a PE firm 5 years ago!
Our CEO is a partner from the PE firm that purchased our org, and 3 out of 8 board members are also from the PE firm. Our CEO basically does what you would call "PE ops" and lead the turnaround of the company.