How I Got into Private Equity with Paul and Kok

The following is an computer-generated summary of the video transcript.

The path at least in certain places like in America that a lot of guys have gone is they've gone into the investment banking space. They've attended a business school particularly in my mind. I think it's quite important that uh you have quite a quite a strong and reputable business business school on on your on your T. V. But very much my experience was that I came from that investment banking space. Um And I was doing Distressed M. And a. Actually in on my own I subsequently left the bank in about 2014. Um and it was actually just something that happened to I happened to just stumble upon. Um I was doing a lot of uh distressed M. And a work and a couple investors would come forward and say you know we think that there's a good opportunity here to formalize this to take it from a I guess on a deal by deal basis to actually something whereby it's actually set up committed committed pool of funding. Um And let's see if you can allocate that into a handful of assets, really prove the concept and really investing into businesses that are going through some kind of a change or have a bit of governance failure or need of restructuring. It's actually quite well understood particularly in the US and the European markets. I assume Singapore is not too far behind, I did two years in banking before I do into private equity. So I think for me so it's a very kind of standard kind of better like you kind of the progression from banking and move into private equity was more fortunate because I entered the industry 10 years ago. Uh particularly the infrastructure kind of part of private equity, which is a very new sector back then. I kind of do a bit of hiring as well and is involved in the hiring process on my side here. So I think from what I can see it just I guess somebody feedback provide for, I guess the people who don't like to presume is that, you know, one thing is if you look at the somebody got the skills and on the resumes as well, paul mention which school you graduated form and what you do prior to uh do this and we are doing right now and then there's one area. So I mean that's what I mentioned, you know, typically you expect some because some extend some form of uh kind of a business school experience. Uh banking consulting is a more more kind of a popular kind of route. The private equity is a very hard work, in a sense, you work very long hours and you work and you have to stay very away and very focused in those long hours. So which means that if you're in a in a sector industry that previously doesn't require to work long hours and in the level of focus, you'd be very hard to transit into private equity. So let's reserve i when we're looking for a bit of higher, we're going to focus on kind of person who sit across me, uh, on the table. Is he or she is able to actually put in long hours? And he is she, is he or she able to actually kind of focus? We're walking on through modeling or working on a paper at three a.m. In the morning.