Jun 18, 2015
Anonymous employee
Blackmore Partners Response
11yThank you for your feedback.
You said "Most of the time, you can only sit at phone calls and listen to other people negotiate" - that is what deals are about "negotiating". In the first few months Interns are in listen mode in meeting with PE firms, owners and our executive that is leading the deal.
Early on Interns do not get access to all the financial data due to the confidential nature of our agreements and need to know. The deal partner at Blackmore decides with whom to revel information. Typically, an intern who has been at Blackmore 60-90 days will move to support a partner and will have access to a deeper level of the deal funding process.
The internship expose interns to the behind the scenes negotiating of the Private Equity work and the process to get the funding.
Deals are about great talent, getting great executives requires recruiting them and telling how private equity works.
Based on the nature of the feedback, you did not complete your internship, so of course it does not translate to get a job. In the last 3 months we have three complete their 6 month internship and all got well paying jobs in Investment banking, consulting and Private Equity.
You get out of this internship what you put in.