This week I was assigned my second job for a Private Equity Client, which is a great opportunity to learn about the valuation of level 3 investments. The exposure to waterfall calculations to value the investments on liquidation can be confusing at first, but very interesting to see how it all flows through to the final result.
The big freeze didn’t stop us from seeing the sights. We took a walk across Brooklyn Bridge and the view of the city was fantastic. However, the highlight of the day was Brooklyn pizza, possibly the best I have ever tasted!US Secondee Blogs 2015