Iris Running Crane Recommendation
Autor: Peng Qiu • September 27, 2016 • Case Study • 471 Words (2 Pages) • 889 Views
Iris Running Crane Recommendation
Iris received three offers: Sunstorm Investment Group (SIG), Red Horse Partners (RHP), and Lepus Capital (LC). Considering Iris’s education background and work experience, perspective on each firms and her long-term career goals, I recommend her to choose Lepus Capital.
Iris graduated with a degree in economics and finance. She worked for HF Energy Financial Services as a member of the financial structuring group for two years and as an operational role for another two years. She went to Harvard Business School for an MBA and got a summer internship in a business restructuring group at a consulting firm. Despite her rich experience in deal structuring and operations in a start-up cleantech and a consulting firm, she made her mind to find a job in private equity, which she thinks can encourage people to take risks. As for co-workers, Iris wanted to work with some smart and creative investors doing innovative transactions. Iris’s long-term career goal was to create more job opportunities.
Among three companies, I think Lepus Capital is the most suitable for Iris. Lepus Capital focused on later-stage venture capital, small buyouts, and growth equity. The company had entered cleantech industry and paid more money to companies that were close to bankruptcy and under heavy debt burdens to turn them around as a preferred buyer. This is a great business idea with high risk and high return, which is valued by Iris’s objective to join private equity and to learn from creative transactions. Moreover, not only Iris’s experience in deal restructuring, but also her financial degree and operational work experience are highly valued by the LC. She was recruited as the restructuring specialist and sometimes took operational position for a short-term. She worked closely with CFO and partners, from who she can learn a lot. After they succeed the first step, she
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