PitchBook Business Development Associate interview questions

I applied online in December and had a reference from within the company. I was then contacted by a recruiter in January about an initial interview. The phone interview was very standard and the interviewer was quite courteous, even though they called 10 minutes late. I advise everyone to do some initial research on private equity and venture capital ahead of time as they will ask what you know. I was emailed a few days later to set up an onsite interview for the next week. For my onsite interview, I met with the Inside Sales Manager (ISM) first, while the recruiter sat in. The Sales Manager was a bit intimidating, but nice. We went over the standard questions about me, my skills and what I knew about the company. You cannot be vague, as he will not accept any answer that isn't incredibly detailed. My only concerns were that the ISM kept looking around the room instead of focusing on me and that we interviewed in a large, open common space that was shared by another company. After he left, I waited for about 10 minutes for the Sales Manager (SM). The SM asked me similar questions about my skills and why this company. Like the ISM, he was not very interested in any sort of vague answers. I advise that one does extensive research about the company, the products and the employees (Linkedin). After the interview, I was debriefed by the recruiter and told that she would be in touch by the end of the week. I sent thank you emails to everyone and waited. On Friday night at around 8pm, the recruiter sent over a personalized rejection letter that was very kind and courteous.