Private Equity

Level 1

Test library / All tests / Private Equity

This test evaluates a candidate's understanding of basic-level Private Equity concepts and terminology. The test covers a broad range of topics from fund structures, sources of capital, common industry terminology, valuation methodolgies, due diligence workstreams and high-level deal structuring.  

This test is great to help understand a basic level of understanding of Private Equity for those candidates looking to enter the industry for the first time or working in adjacent industries that come into regular contact with Private Equity funds.

Designed to access

  • Understanding of core Private Equity concepts

  • Fund structuring

  • Valuation methodology

  • Due Diligence workstreams

  • Deal structuring

Use this test to hire for

  • Private Equity Analysts
  • Private Equity Associates
  • Corporate Finance
  • Investment Banking
  • Fund Placement

Question

Private Equity funds have Limited Partners and General Partners as part of a typical fund structure. Which of the following accurately describes a General Partner:

Select ONE answer

Question

Which of the following definitions best describes a ‘buy and build’ strategy:

Select ONE answer

Question

 Why would Private Equity use leverage when buying a business?

Select ONE answer

Use skills-based tests to make data-driven hiring decisions

  • Unbiased, skills-based assessments to ensure objective and equitable hiring decisions

  • Comprehensive analytics and insights for making informed, data-backed candidate selections

  • Scales to accommodate your hiring needs, from small teams to large-scale recruitment drives