Preparing for a PE Fund of Funds Interview
Fund of funds (FoF) interviews are distinct from direct private equity interviews. Rather than evaluating individual companies, you are assessing GPs, fund strategies, and portfolio construction. Interviewers want to know whether you can think like an LP — evaluating risk, return, and manager quality across a diversified portfolio of funds.
The most common PE fund of funds interview questions cover GP evaluation frameworks, primary versus secondary investing, continuation vehicle structures, fund economics (management fees, carry, hurdle rates), and current market trends such as dry powder dynamics and the growth of GP-led secondaries.
This free fund of funds interview guide gives you a practical framework for each question — not a script to memorise, but a structure you can adapt to your own experience, whether you are coming from investment banking, direct PE, or corporate finance.
For a comprehensive preparation resource — including GP evaluation case studies, continuation vehicle modelling, and advanced technical questions — see the full
FoF Insider Interview Course.