Skip the Learning Curve
Become a Top PE Associate
Deal-ready training program designed by a former VP to help you excel from day one and accelerate your path to carry.
Fast-Track Your PE Career
↔ The Full Deal Lifecycle
Training you on every step of a PE deal—from NDAs, expert network calls, LBO models, and bottoms-up operating models to diligence exhibits, waterfalls, key legal docs, and funds flow, and more
đź“‘ Real-life example models, analyses, and documents
Lessons mirroring actual day-to-day responsibilities. Files and practical tips you can take to work and reference as needed.Â
[ ▶︎ ] Interactive Learning
Course structured around detailed video walk-throughs and reference materials to follow along for hands-on learning.Â
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Curriculum Covering Every Stage of the Investment Process
Module 1: Introduction & Training Overview
Module 2: Role of an Associate – Deal lifecycle, responsibilities & expectations, tips, tools & best practices
Module 3: Pre-IOI / 1st Round – NDAs, CIP review, expert network calls
Module 4: Pre-IOI / 1st Round – LBO models, 1st round memo, indication of interest (“IOI”) lettersÂ
Module 5: Post-IOI / 2nd Round – Virtual data rooms (“VDRs”), diligence trackers, diligence data exhibits, sell-side reportsÂ
Module 6: Post-IOI / 2nd Round – Bottoms-up operating models, debt financing, management presentations, diligence sessions, third-party advisors, letter of interest (“LOI”) letters
Module 7: Post-LOI / Final Round – Purchase agreements, credit agreements, lender models, working capital peg
Module 8:Â Post-Signing / Closing – Funds flow, capitalization tables, management incentive optionsÂ
Module 9: Post-Signing / Closing – Waterfalls, structured securitiesÂ
Module 10: Course Conclusionc
Practical Training Created by a PE VP
Hi, I’m Edwin, your training director.
I’ve spent nearly a decade in PE and investment banking—as a VP at Tailwind Capital, Senior Associate at Providence Equity, and Analyst at Barclays in New York.
Over the years, I’ve been directly responsible for hiring, onboarding, and evaluating promotions for private equity associates. And I saw the same story repeat: (i) most firms provide minimal training and (ii) associates work hard to break into PE, only to stall out within 12 months. That’s why I built Road To Carry—a course that combines:
– Hands-on working knowledge of real documents, models, and workstreams
– A complete, deal-lifecycle framework from NDA to closing
The goal is simple: help you ramp faster, perform better, and reach carry sooner.
