Private Equity with Warburg Partner, Amr - with Kaushik, PE Director & ex-Goldman PE & IBD, Elevate

Amr, Partner at Warburg Pincus, sits down with Kaushik - to talk about all things Private Equity.

Get much more at ElevateLab.Org

Unbelievably useful conversation for anyone interested in deep diving into the Private Equity industry, the job, and learning about what it takes to enter & succeed there.

We delve into his journey into PE from a non-traditional background, his lessons learned about investing (luck vs. skill), his tangible advice to Elevate members on what he looks for in Associates and Vice Presidents (hint: how to think like an owner), career advice for people going through the current crisis, and his outlook for the PE industry and the increasing importance of domain knowledge & operational expertise.

0:00:48 - Rejected by all Banks & Consulting firms in college
0:03:00 - Role in Trading at Merrill Lynch; pros and cons of trading
0:05:12 - Attending Wharton MBA during Financial Crisis; B-school experience & discovering his passions
0:06:46 - Looking for PE role during financial crisis, difficult for someone from a non-traditional background
0:08:11 - How he got his foot in the door at Warburg & his early roles at Warburg
0:09:11 - His progression at Warburg mirrored life changes & changes at firm
0:12:32 - Investor Mindset and why investing is difficult
0:16:21 - Lot of ways to get to a good outcome. Learn how to trust people and management teams, etc
0:17:52 - What do you look for when you first see a CIM?
0:18:42 - His framework for investing at Warburg
0:22:46 - Keys to success at the associate level and interviews
0:27:27 - Keys to success at the VP / Principal Level and interviews
0:36:10 - Starting in Banking vs. Going straight to PE
0:40:19 - Career advice for people going through the current crisis
0:44:02 - Outlook for Private Equity

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