silver lake interview wso silver lake interview wso

Silver Lake staff members have spent the last month in conversation with national and local government offices and camp professionals. Three rounds interview with analysts, associate/VP, and MD. Want Access to these Silver Lake Salary & Bonus Details? I always cringe when I see people ask if associates get carry. Now how easy is it to renege for those who decide to participate in on cycle? Sorry, you need to login or sign up in order to vote. Everything we know about him runs totally counter to what I've heard about the office culture, but my info is from well placed sources so something is off. In September 2020, it was announced that Silver Lake was having negotiations to invest over $1 billion in Indian retail company Reliance Retail. Think the bone to pick would be with the HH. If a company with 20x EBITDA multiple buys a company with 15x ebitda multiple, is this transaction accretive or dilutive? SLP typically only really interviews 2-4 people at top groups at GS, MS, EVR, etc. The process took 2 days. Interviews at Silver Lake Experience Positive 70% Neutral 30% Getting an Interview Campus Recruiting 44% Recruiter 33% Employee Referral 11% Difficulty 3.3 Average Hard Average Easy Interviews for Top Jobs at Silver Lake Summer Analyst (3) Analyst (1) Investor Relations Associate (1) Investment Analyst (1) See more interviews for top jobs This estimate is based upon 18 Audax Group Associate salary report (s) provided by employees or estimated based upon statistical methods. $93,042 / yr. IB. Sunday, October 3 2-5 pm $60 per person A Villa Louisa 60 Villa Louisa Rd. Two part interview consisting of technicals and fit. The recreational area open to visitors is within Silver Lake State Park. Is this a parody post? Any insights are appreciated. Repudiandae ut accusantium fugit consequuntur eveniet. Nearly all the large private equity firms (mega-funds) offer some form of internships to undergrads: KKR, Blackstone, Ares, Silver Lake, Carlyle, TPG, Apollo, and, on the European side, firms like Cinven, CVC, Bridgepoint, EQT, and Permira. The industry standard is 20% participation on profits. There's nothing inherently bad about Vista to outright not even bother considering it if you know you want to do tech PE. Warburg Pincus applies a thesis-driven approach to investing across a variety of sectors and geographies. Next interviews were 2x interviews with principals and possibly a last interview depending on how it went, Anonymous Interview Candidate in Beijing, Beijing, I applied through college or university. Why do you want to work at Silver Lake, why are you looking to leave your current company, walk me through your background? I interviewed at Silver Lake (Philadelphia, PA) in Oct 2015. Mercury Payment was a significant ISO for legacy acquirers before Vantiv acquired it from Silver Lake. Qui cupiditate mollitia alias atque omnis. I know they mostly do late stage deals and had some bad investments (like Thrasio) and deployed a lot of money at the peak of the bubble, but apparently they are in the market for fund VII at 25B so if they're able to raise the money it'll be interesting to deploy it and take advantage of lower valuations. The last two were back to Zoom. Step 1: Do a high-level screen of companies in these 3 sectors based on industry, Equity Value or Enterprise Value, and geography. It really comes down to what you're more interested in. This came as sort of a shock to me given the extensive and very involved interview process, throughout which my background - the latter half of which has high overlap with the role - was discussed in depth. Continue reading . Silver Lake economy statistics reflect an aggregate of SLP and SLA portfolio companies and are as of 12/31/2021. The whole process took about 30mins. 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats. Do you believe debt breeds managerial excellence? Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). 9 Detailed LBO Modeling Tests and 15+ hours of video solutions. Each one need to conduct a face-to-face interview with 5-6 people. In the payments space, the difference between a distributor and a competitor can be so blurry as to lose functional meaning. The process took 1 week. Sorry, you need to login or sign up in order to vote. Silver Lake's first fund was among the best performing funds of its vintage. Associate salaries at Audax Group can range from $88,650 - $146,487 per year. Continue Reading Silver Lake's is even smaller. The equation is below. The industry leader for online information for tax, accounting and finance professionals. Opens the Fishbowl by Glassdoor site in a new window. Possimus voluptatem sit maiores et. Private Equity Interview Bootcamp (1 day) Detailed PE LBO Tests + Case. The portfolio companies shown represent a substantial portion of Silver Lake's current and past portfolio companies in active Silver Lake strategies (i.e., those that are currently in their investment period). Strategy. This e-book package, released in late May by Wall Street Oasis, an online forum for finance workers, costs $299. Please contact the Silver Lake Police Department at (330)-928-7573 or email us at policedepartment@ villageofsilverlake.com. Aug 4, 2021 - 5:50pm. The culture is better than most others I have seen. After the sale of Skype to Microsoft in 2011, Silver Lake was accused of unfairly depriving Skype employees of an options windfall. The man's a genius. 2 View the Wall Street Oasis Sample Excel Model for examples of the three financial statements and how they are connected. What concert costs 45 cents? PE. - CVC Morning interview . 2005-2023 Wall Street Oasis. Does anyone know how the two compare in terms of their growth funds I.e Vista Endeavor vs. SLP Waterman? We have spent hours on webinars and video meetings to learn everything we can about holding camp safely in the midst of a global pandemic. I always cringe when I see people ask if associates get carry. Headhunter reached out, followed by a 1hr modelling test, followed by 3x30min interviews with 3 associates (personal, technical, commercial). Hello world! Stripe offers many of the same services as the legacy acquirers to whom it outsources transaction processing. Acing the Interview at GHC18. Whether you're traveling with friends, family, or even pets, Vrbo vacation homes have the best amenities for hanging out with the people that matter most, including air conditioning and WiFi. Unique within the recruiting industry, CPI is actively engaged in assignments ranging from pre-MBA Analysts to Senior Partners. I worked on the LP side and during my time I sat in on many PE LP meetings and have done diligence on Silver Lake and many of its competitors. Qui tenetur assumenda sint. The buyout firm's history with Broadcom Chief Executive Hock Tan goes back even further. As a quick fix I divided the total number of Moelis alumni by total size of the bank (as a proxy for analyst class size). See here for a complete list of exchanges and delays. They did ask if I could work long hours. So basically, what happens is less impressive partner/SVP is insecure because Vista is impressive but he/she isn't as great individually, and predictably this insecurity leads to problem after problem. Just because it's a very different investment framework/mindset than cash flow / cost cutting driven investing doesn't make it invalid. . All Rights Reserved. Most "elite / prestigious" PE firm cultures fall within a spectrum of: People have soulless, dead eyes and flog you to death on projects ---> People are really kind, nice, and take a personal interest in youbefore also flogging you to death on projects. SL is a good firm & among the top three tech investors with vista/thoma but I wouldn't put them top three overall. You need an incredible amount of luck to land at one of these places, as not too much separates analysts once PE recruiting comes around (provided you aren't a marsupial). As you can see, the work hours at hedge funds drop off considerably once you get past the top 10. For investor relations, finance & administration: 2929 Walnut Street. Clearlake Capital and TA Associates to Acquire Kofax, a Provider of Intelligent Automation Software, from Thoma Bravo. For Technical part, walk through basic lbo model, some maybe corporate valuation questions. I don't know much about Vista's culture, but Silver Lake isn't exactly a relaxed culture either. - Bain Cap From here, it goes down significantly by each firms size. or Want to Sign up with your social account? The hit rate in VC is by design much lower than buying mature businesses. All quotes delayed a minimum of 15 minutes. - Warburg Announced: October 28, 2015 Value: $800 million Status: Closed Advisor to Patriot Coal in its chapter 11 restructuring with approximately $800 million of prepetition financial indebtedness and over $1 billion in non-financial liabilities. Three years later, Silver Lake participated in a $4.25 billion equity financing for Dell's $67 billion acquisition of data storage company EMC Corp. That's a bit of a stretch. Experienced VP Interviews - Fit Questions, Asked to Co-invest - should I take it? Case Analysis: The LBO Deal Dell- Silver Lake 1.0 Introduction Page 4 1.1 Motivation for the Thesis Page 4 1.2 Background on the deal Page 5 2.0 Data Mining, Capital Structure and Model Setup Page 9 2.1 Data Gathering Page 9 Bolton, CT 06043 Learn more & Register now! See you on the other side! He's also actually operated a large cap TMT business with great success. Do you believe debt breeds managerial excellence? Deserunt nobis aliquam quas ratione voluptas fuga repellat officia. The private equity case study is an especially intimidating part of the private equity recruitment process.. Youll get a case study in virtually any private equity interview process, whether youre interviewing at the mega-funds (Blackstone, KKR, Apollo, etc. They've made investments in software, hardware deals like the legendary take private of Dell, energy & resource tech like Tesla, and media investments such AMC, the UFC and Madison Square Gardens. is there a path to promotion for homegrown analysts? Jun 18, 2020 - 6:18pm. We began in 2000 with a single private equity fund focused on enterprise software. Anonymous. Portfolio. My overall impression is that it's not bad enough to turn down VEP for a meaningfully "lesser" firm by traditional measures. All Rights Reserved. - Silver Lake But the whole process is very professional. dofus portail merkator; Tags . Jaimi Goodfriend on the Wall Street Oasis Podcast. - Apollo When professionals talk about industries, they are referring to a broad group of companies that operate in the same general space. I Banking Partner Salary. The lake watershed, or area that drains to the lake, is 970 acres and is heavily urbanized. The typical Audax Group Associate salary is $112,145 per year. I would disagree with this. Nari Ansari. honestly SL wasnt on high up on my radar (thats not to say I would have gotten an offer lol) but definitely is now. Earlier on Thursday, Broadcom said it will acquire VMware for $61 billion, the second-biggest acquisition globally so far this year. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. The Ultimate Job Interview Preparation Guide. Silver Lake Jul 2019- Present3 years 6 months Greater New York City Area Investment Banking Analyst Evercore Jun 2017- Jun 20192 years 1 month Greater New York City Area Investment Banking. Silver Lake Unified School District 372 superintendent Tim Hallacy on Monday was the third out of four. Technicals involved comprehensive financial modeling and a little bit of thinking outside the box. Maybe would suggest joining them 10 years ago to ride their rise to largest tech fund but definitely not wise to join today. I met with multiple levels of the organization from analyst to MD. My Menu; Post Ad before the interview. IB Associate, you couldn't even make it into a boutique PE shop LMAO. Most Analyst roles in private equity pay lower salaries and bonuses than Analyst roles in investment banking; total compensation might be between $100K and $150K USD in New York, with lower figures in smaller cities and outside the U.S. By contrast, IB Analysts might earn total compensation between $150K and $200K USD. I interviewed at Silver Lake (San Francisco, CA) in Nov 2009. They're clearly doing something right given the performance, and I'm sure someone who navigates it well can be very happy there. I'm Matt Ting, the Course Director of Peak Frameworks. Carry takes 5 - 7+ years to pay out and associates are 2/3-year meat shields at most WSO Private Equity Interview Course: https://bit.ly/2V3bdT1 # privateequity TPG's class size is tiny. Qui debitis dolore et quidem occaecati. Bain, Carlyle). He did not even seem to have read my resume. You're either not working in PE or you're at some tiny shop with no institutional manager exposure. 101 Investment Banking Interview Questions, Certified Investment Banking Professional - 2nd Year Analyst, Certified Investment Banking Professional - 3rd+ Year Associate, Certified Private Equity Professional - 2nd Year Associate, Certified Investment Banking Professional - 1st Year Analyst, Certified Private Equity Professional - 3rd+ Year Associate, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 2,447 questions - 203 PE funds. But this is the first year on-cycle has taken place during the August slowdown which I think is crossing the line. They then took the company in public in 2009 and, by 2011, had effectively exited with 5x cash-on-cash returns. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. Voluptatibus incidunt qui laborum sint tempore id aut dolores. Located at 4121 Santa Monica Blvd., the 12,000 square foot grocery store and cafe Continue Reading. O.P.S. The firm's second fund, Silver Lake Partners II was raised in 2004 with $3.6 billion of commitments. It seems like Vista and Thoma Bravo are very comparable firms. Based. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. I have not heard of one investment professional who thinks that pushing the timeline up earlier every year is a good idea. Pariatur exercitationem aut architecto. All Rights Reserved. When you say they let juniors share in the economics, are you saying associates get carry or that they just have the opportunity for co-invest on deals? Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). "As you know, we firmly believe that the market trend of early associate recruiting compromises both Silver Lake's ability to make optimally-informed hiring decisions as well as the candidates' ability to make optimally-informed career choices. Silver Lake Chairman Ken Hao helped recruit Tan the following year to run the company. Investment Strategy. I agree with the point earlier about Vista being more narrowly focused (enterprise software) vs. SLP's broader TMT and now media mandate. On Fishbowl, you can share insights and advice anonymously with Silver Lake employees and get real answers from people on the inside. Anonymous Interview Candidate in Hong Kong, I applied online. Hedge funds investments can be as short as a few weeks. Category: On the phone interview, a very sleazy guy did not talk about the role posted and started beating around the bush talking about something else. I interviewed with the members of the team. When Microsoft acquired LinkedIn on June 13, 2016, it paid $196 per share, representing a 49.5% premium over LinkedIns closing share price of $131.08 per share the day prior to the deal announcement. I would still work at Silver Lake over either of those places. Aut quas enim ipsam consequuntur quia adipisci. By crafting a profile on Hired, we're confident that you'll find a job you'll love!Being a Backend engineer means that you NP/PA - Family Medicine. I interviewed at Silver Lake (Menlo Park, CA) in Jan 2015. Do you believe debt breeds managerial excellence? These are 85%+ retention businesses with pretty high gross margins that Vista runs their playbook on. Warburg Pincus is a private partnership focused solely on private equity. Silver Lake got a 10% stake in VMware when Dell spun its controlling interest to its shareholders last year. As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. WSO depends on everyone being able to pitch in when they know something. So private equity teaches you the art of long-term view. Silver Lake provided $1.4 billion in equity to help Michael Dell take his eponymous computer maker private in 2013. Crowdsourced from 750k+ members. Half hour phone interview followed by an in person interview a week later. I've worked at Silver Lake Partners, Providence Equity and Evercore in New York and Silicon Valley and received offers from several other investment firms.