Prep Wall
Your guide to Private Equity, Investment Banking & Valuation
Built by students for students
MasterHigh Finance
A clear, concise introduction to Private Equity and Investment Banking — from deal structures to career paths.
What We Do
Private Equity Fundamentals
Discover how PE firms acquire, transform, and exit companies to generate exceptional returns. From fund structures to leveraged buyouts, learn the strategies that drive this $13–15 trillion private markets industry (per McKinsey & Preqin, 2025).
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Investment Banking Essentials
Understand the role of investment banks as intermediaries in M&A transactions, IPOs, and capital raising. Learn how deals are structured, valued, and executed at the highest levels.
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Valuation Fundamentals
Master the four core valuation methods used by every banker and PE investor — DCF, LBO models, comparable companies, and precedent transactions. Includes step-by-step walkthroughs and key formulas.
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Landmark Deals — Case Studies
Analyze the transactions that defined modern finance: from KKR's RJR Nabisco LBO to Blackstone's legendary Hilton investment. Full deal breakdowns with real metrics and lessons learned.
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Wealth Management Fundamentals
Master portfolio construction, asset allocation, and risk management principles used by financial advisors. From stocks and bonds to ETFs and diversification strategies.
Start LearningLearn from the Deals That Shaped Finance
Analyze landmark transactions like KKR/RJR Nabisco, Blackstone/Hilton, and the Facebook IPO — with full deal breakdowns, metrics, and lessons.
KKR's Acquisition of RJR Nabisco
The deal that defined an era. At $31.1B, it was the largest leveraged buyout in history for 17 years.
Blackstone's Acquisition of Hilton Hotels
Bought for $26B at the peak of the market. Survived the financial crisis. Turned into PE's greatest return ever.
Facebook's IPO — Morgan Stanley Lead Left
The most anticipated tech IPO of its era. $16B raised. And then it went completely sideways — for a few months.