The UNTOLD SECRETS of Working in Private Equity!

In this video, I go over the good, the bad, and the ugly aspects of private equity.
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▶️Playlists▶️
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🎥Related Videos🎥
► How to Build a Paper LBO: • How to Build a PAPER L...
► How PE Investors Make SO MUCH MONEY: • How Private Equity Inv...
► Interview with a Former Bain Capital PE Investor: • What It's REALLY Like ...
► Secrets to Breaking Into Private Equity: • Secrets to Breaking in...
► Good vs. Bad Day in the Life of a PE Associate: • A Good vs. Bad Day in ...
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⏱Timestamps⏱
0:00 - Introduction
0:42 - The Good
4:40 - The Bad
8:15 - The Ugly
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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🔎Disclaimer🔎
All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.

Пікірлер: 62

  • @rareliquid
    @rareliquid10 ай бұрын

    🧑‍🏫Wharton / Wall Street Prep PE Certificate Program🧑‍🏫 ► Learn from real investors (including the founder of Carlyle) about the private equity industry ► Use code RARELIQUID for up to $500 OFF for ANY cohort ► tinyurl.com/5n8kr4tz ⬇Download Paper LBO Excel for FREE⬇ ► Paper LBO: www.wallstreetprep.com/lc-rl-paperlbo-template/ 🍎Sign up for my courses🍎 ► How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8 ► How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA ▶Playlists▶ ► Private Equity Videos: kzread.info/head/PL71QplJWp1Rrm0dkWjjIY2cf4jTYSU0t2 ► Modeling and Finance Tutorials: kzread.info/head/PL71QplJWp1RoaKEMTo_9CZA-kyjwT5rGo

  • @chriswalter92
    @chriswalter92Ай бұрын

    Private equity sounds like a mechanism that extracts the most amount of value from a business, and transfers that wealth to the few general partners. Everyone loses - the business, the employees, the local consumers, the tax payers.... except for the general partners

  • @tahirisaid2693

    @tahirisaid2693

    Ай бұрын

    The people you’re claiming don’t benefit wouldn’t have benefited with or without the private equity buyout. The business was failing before private equity came in, they just more efficiently manage the end of the companies life. Most likely allowing most companies to work there longer than they would have been able to do before.

  • @aishwaryapotdar1348
    @aishwaryapotdar134810 ай бұрын

    Sounds like a TON of intense work. I can understand why PE demands an IBD background, thanks a lot!

  • @JayNarayanan
    @JayNarayanan10 ай бұрын

    Fabuluous video, Ben! Would be really great if you could cover the recruiting process for hedge funds. Cover aspects like applying for funds, hedge fund modelling, interview process, etc. Thanks, Ben.

  • @JoeFamalette
    @JoeFamalette8 ай бұрын

    I love your channel. Killing it bro 📈

  • @isaiahslucher7400
    @isaiahslucher7400Ай бұрын

    My Mentor Is in private Equity and I recently decided that I will finally reach out to him and come up with a plan to join his firm. This video put so much into perspective

  • @UNKNOWN-1589
    @UNKNOWN-158910 ай бұрын

    Class video brother !

  • @farhanashaik238
    @farhanashaik2384 ай бұрын

    Thank you for the video. Please consider making career guides for management consulting, investment banking and private equity, so that it helps with interview preparation and career advancement. Thank you.

  • @andresalmonte4772
    @andresalmonte477210 ай бұрын

    Love this video! Keep it up

  • @rareliquid

    @rareliquid

    10 ай бұрын

    tyty~

  • @adamlee6088
    @adamlee608810 ай бұрын

    Hey Ben! Great video. Can you do a similar video but about working at a Hedge fund?

  • @yvankonan877
    @yvankonan87710 ай бұрын

    Hi Ben, Can you talk about the good, bad, and ugly of management consulting? Great video as usual!

  • @rareliquid

    @rareliquid

    10 ай бұрын

    yes will do!

  • @benlisi840
    @benlisi84010 ай бұрын

    Hey Ben, Can you do a video on hedge funds like how to break in. Recruiting processes, compensation structure etc. that’s my end goal but it’s hard to find clear information on it.

  • @DigitalUniverseExclusive

    @DigitalUniverseExclusive

    10 ай бұрын

    Thatd be great

  • @ilovelifan
    @ilovelifan10 ай бұрын

    thanks sifu

  • @nikos0788
    @nikos07889 ай бұрын

    Hey great video. I will start my studies this semester in Industrial Engineering and Management in a very good German university (KIT Karlsruhe) do i have a chance with an appropriate master degree to break in investment banking and private equity?

  • @0ExcelNinja
    @0ExcelNinja10 ай бұрын

    hey ben, can you talk about buy-side equity research & L/S HF style. do you know anyone who got into hf out of UG like point72 analyst Acadamy, i will apply probably next year so good to know. thanks man.😀

  • @davidc4408
    @davidc440810 ай бұрын

    Looking smart

  • @jerriel2126
    @jerriel212610 ай бұрын

    Hi! So I've got 3 years left in my university (Bachelor's in business management) and I've just wrapped up an internship at a management consulting firm doing private M&A. I've only ever had case competitions for PE, nothing professional. Do you recommend I start trying for PE for my second internship (I've only got 4 internships left to spend on before graduation) or try to build my way there using IBD internships first? Also, what season would you say is best for applying to PE in terms of competition - after summer (August-Dec) or before summer (Jan-May)? Thanks!

  • @yogeshbhagat9365
    @yogeshbhagat936510 ай бұрын

    Hi ben , how much carry someone get in a billion dollar pe fund 🤔🤔 ???? I've hear this many times CARRY is biggest compensation component in buy side

  • @David-bx5ru
    @David-bx5ru10 ай бұрын

    Hi Ben, I'm currently in Corp Dev at a ~40B company. Can I leverage that to break into PE or I have to do a MBA first. Thank you!

  • @JayNarayanan

    @JayNarayanan

    9 ай бұрын

    Pretty sure you can leverage that into getting a PE role provided you can show decent transaction experience and network hard enough. If you have more than 3 years of experience, it would be better to do an MBA, as the work ex requirement is right around the corner.

  • @kriterium123
    @kriterium1237 ай бұрын

    what are the chances to make a move from big law (K&E type of firms) into PE?

  • @MrdubstepO1
    @MrdubstepO110 ай бұрын

    Currently working in a back end role in a PE house. Do you have any advice how I could help myself migrate to an investment associate/assistant role without having to leave the company? Currently doing the wall street prep premium course but if you know of anything else that could help me out it would be much appreciated! (P.S. your videos are 10/10)

  • @rareliquid

    @rareliquid

    10 ай бұрын

    hm that's tough i would think though that doing a really good job at your current firm and networking to see if you can join as an entry level analyst may be worth a try. showing that you can model would be helpful as well so great that you're taking efforts to learn how to do that. good luck!!

  • @LiquidM3th
    @LiquidM3th10 ай бұрын

    Hey Ben - what’s your monitor setup?

  • @rareliquid

    @rareliquid

    10 ай бұрын

    You can find all my monitors here: rareliquidcareers.com/apartment

  • @davidc4408
    @davidc440810 ай бұрын

    I have a degree in mathematics and finance (3.9) from Ivy and Masters in real estate finance. Previous asset management experience . Can I get into private equity? What is best real estate private equity?

  • @Dzzzzzzzzz21369

    @Dzzzzzzzzz21369

    3 ай бұрын

    If no one reached at you since you graduated…

  • @vaishnavsv5049
    @vaishnavsv504910 ай бұрын

    Hi Ben! I am actually planning to do my masters next year from HEC paris which is one of the best schools in the world Then onwards I was thinking of joining investment banking and then joining private equity. But can u plz help me in understanding how to directly join private equity instead of joining investment banking right after completion of my masters! Your reply and suggestion would help me a lot!

  • @lesdickson9765

    @lesdickson9765

    10 ай бұрын

    Apply to PE internships and grad schemes instead of IB if that’s what you really wanna do.

  • @vaishnavsv5049

    @vaishnavsv5049

    10 ай бұрын

    @@lesdickson9765 is it possible to get PE internships without any prior work experience?

  • @rareliquid

    @rareliquid

    10 ай бұрын

    not entirely sure what the landscape of PE is like in europe but if it's anything like the US, then without banking experience it'll hard to join a PE shop post a masters unless it's a small boutique. would defer more to your classmates and see if anyone has been able to recruit for PE with a similar background / situation as yours

  • @vaishnavsv5049

    @vaishnavsv5049

    10 ай бұрын

    @@rareliquid I see! Anyways thanks a lot for your response! Really appreciate it man! ❤

  • @0ExcelNinja

    @0ExcelNinja

    10 ай бұрын

    @@vaishnavsv5049 I think you are Indian and you are going for MIM at the paris. i've heard that Rothschild is top as well BNP Paribas. not sure about PE exits though. and they might as well prefer native French for PE who know the culture well. i looked in teams of EU PE firms think (CVC, Advent, EQT, hg, Permira), etc and they were locals and no internationals so pls do due diligence of the landscape before landing in france.

  • @simba2702
    @simba270210 ай бұрын

    will taking a course inPE help me in personal investments? I am in tech, but would like to have some business experience as it looks interesting but no interest in pursuing business career

  • @rareliquid

    @rareliquid

    10 ай бұрын

    no not really because PE involves a very specific type of modeling (LBOs) that aren't applicable to investments in equities if that's what you're referring to. financial modeling (DCFs and comps) would be more applicable

  • @simba2702

    @simba2702

    10 ай бұрын

    @@rareliquid what if I want to buy and sell small business at personal scale?

  • @barryaherne215
    @barryaherne21510 ай бұрын

    Having left your job in banking, did you find the golden handcuffs hard to reconcile with? Leveraging a lot of financial security and lifestyle creep against one's happiness must be a difficult one. Are there a lot of unhappy people in this sector or are most people cool with the whole thing?

  • @barryaherne215

    @barryaherne215

    10 ай бұрын

    Wooo my comments are working again!

  • @cjmor6590
    @cjmor659010 ай бұрын

    Is it more worth to get into BIG TECH and make the same money without having to spend hundreds of thousands on an MBA to get into PE

  • @pb.j.1753
    @pb.j.175310 ай бұрын

    Ok but how does one get a date with Ben

  • @arunranga3646
    @arunranga364610 ай бұрын

    Kindly help me online advance excel formula function course online please help me

  • @agent0422
    @agent04228 ай бұрын

    Pro: You get PAID!!! Con: You destroy businesses to milk them of their revenue Haven't seen the video but I feel like I got it right. Did I?

  • @danxiang6059
    @danxiang605910 ай бұрын

    👏👏👏

  • @tsuisunyu
    @tsuisunyu10 ай бұрын

    i work as a construction manager and with out master i m netting $180,000 a year

  • @joelkpadonou680

    @joelkpadonou680

    9 ай бұрын

    How is it relevant for this video?

  • @cryptoexplainer4697

    @cryptoexplainer4697

    6 ай бұрын

    Nerd

  • @Anisha..Alayna
    @Anisha..Alayna9 ай бұрын

    ‼️‼️‼️💯🤷🏽‍♀️

  • @asdfghjkl12904
    @asdfghjkl1290410 ай бұрын

    Jeez, why all guys with an investment banking background talk so fast. I made a playback speed at 0.75 and you started sounding like a normal person.

  • @thabiso_kgabung

    @thabiso_kgabung

    3 ай бұрын

    I think that's his Management consulting side coming out

  • @ocularpatdown
    @ocularpatdown2 ай бұрын

    Private equity is parasitic.

  • @JM-gu3tx
    @JM-gu3tx4 ай бұрын

    "There are a lot of ups and downs", not "is". Subject-verb agreement missing.

  • @marianomedina07
    @marianomedina079 ай бұрын

    nah, I'm good XD

  • @TheTruthSeeker756
    @TheTruthSeeker756Ай бұрын

    Tens of millions of people in the US working HARDER than you and actually HELPING people making 150k or less. And they’re SMARTER than you too. They just CARE more. But I’m interested in making money now so that’s why I’m watching 😂

  • @rareliquid

    @rareliquid

    Ай бұрын

    lmao this comment took me for a ride

  • @JM-gu3tx
    @JM-gu3tx4 ай бұрын

    Profanity is really low class and boorish. Shows a bitter spirit, too. The rest is quality information.

  • @Twestliw
    @Twestliw10 ай бұрын

    I wish kim would put more effort in getting innocent people out of jail. That was the only time she had my respect I wish she would make that the majority of her work.