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Deal Perspectives: An Associate, a Principal and a Partner Talk Roles and Responsibilities

Private Equity Funcast

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The Importance of Setting the Tone for the Relationship Before Closing

I knew very little about accounting. I'd done six weeks at Tuck on accounting, but that's the extent of accounting I had. The last three years have been a lot longer than six weeks and you have gotten to a much more granular level of understanding around that. Less pattern recognition actually is just on management. It's really about that's the more time I can spend kind of setting the tone for the relationship before you close. There's this magic moment where everybody technically has a choice whether or not to do this before youClose.

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