China industry spotlight: Private Equity
Private equity companies invest assets with the purpose of getting a good return on investment (ROI). The ROI is generated by repaying debt, improving operations, or having better cash management. After the company that was invested in starts performing better, the private equity companies will get their ROI after the company does a merger/acquisition or IPO. Some private equity firms are very focused and choose to develop their skills in just one activity such as helping companies with operational transformation within one or two industries such as energy or retail. With a job at a company focusing on private equity, you can choose a variety of divisions to work within: asset management, finance, accounting, investment banking, investment research, private equity, sales and trading, technology, transaction services.
After the global financial crisis hit, private equity firms now have increasingly difficult waters to navigate. Being able to still find buy and sell opportunities in this very uncertain environment requires some good skills and experience.
Knowing what new markets to enter into and how to manage all the growing regulations and risks in this industry makes for a challenging but interesting career. Chinese companies are not immune to the financial crisis and are also looking to be strategically positioned for when the next unexpected crisis hits. As an intern in this challenging but fascinating industry, you can learn all the ins and outs of what it takes to become a private equity expert.
Getin2China can help you find a private equity internship and learn more about China’s unique culture along the way with an internship in Beijing or an internship in Shanghai. Internships are the perfect opportunity to test different industries and company environments to learn about what type of career best suits you.
- Industry/company research & analyzing potential investment opportunities
- SWOT analysis
- Valuation analysis
- Build models to project companies’ financial statements
- Other tasks as needed
Experience and qualifications
To find an internship in private equity in China, communication, speaking and interpersonal skills are required. Research, analysis, problem-solving and writing ability is also desired. A degree in business with strong finance and economics skills is preferred. Interns do not need any specific knowledge about private equity prior to the internship but should have a basic understanding of how the industry works.