Nic Badings
Katrina Engelbert – Transact Team
Prior to joining Pemba, Katrina spent 2 years with RBC Capital Markets as an Investment Banking Analyst in the Industrials and Technology Group where she provided support on mergers and acquisitions, equity offerings and other financial advisory services.
You went on exchange during your time in University. Where did you go and how was that experience?
I spent a semester in Denmark at the University of Copenhagen. Best described in one word: unforgettable – it was an incredible and formative experience that gave me the opportunity to experience life without my usual support network or ‘safety net’ in a new and fascinating city. I immersed myself in a new culture, lost count of how many budget Ryanair flights I booked, and was lucky enough to surround myself with incredible people who are now lifelong friends!
What motivated you to switch from Banking to Private Equity?
I’ve always enjoyed the fast-paced and challenging environment that comes with working in M&A, but felt I was missing out on the post-transaction world whilst working in Investment Banking. A career in Private Equity allows me to form meaningful and collaborative relationships with founders and management teams to really get “under the hood” of their business and unlock their full growth potential.
When deciding to make the switch across, what attracted you to Pemba?
Given my experience and interest in technology, I was attracted to Pemba’s deep sector experience and proven track record of backing leading software and tech-enabled businesses in Australia. As well as being one of the most active mid-market growth investors in the country, Pemba’s supportive partnership model and Sherpa-inspired investment ethos was a stand-out differentiator for me.
Once all borders are open again, what would be your dream holiday?
Once international borders open I’ll be heading straight to New York to visit my brother and sister-in-law who are expecting their first baby in October this year! Other than that, my dream holiday involves escaping the Australian winter to eat and drink my way through Portugal and Italy.
What advice could you give to someone finishing University who are looking to make it in the industry?
While there are a number of paths that may lead to a career in Private Equity, the most common routes are through Investment Banking and Consulting. Gaining transaction experience and understanding how a business works (financially, operationally and strategically) is key to developing the core skills required in the industry. Early exposure through an internship is also a great way to gain experience whilst meeting new contacts and building out a network – reach out to explore what opportunities exist for University students at Pemba!
Katrina’s book recommendation:
The Tattooist of Auschwitz by Heather Morris. Compelling, moving and beautifully written – a must-read.
