Job Opportunity: Private Capital Advisory, Secondary Advisory Associate
Location: New York
Our client is one of the world’s leading financial advisory and asset management firms. Their people make the difference. With just over 3,000 employees, their tight-knit community allows for professionals who are eager to learn and willing to teach to connect and grow together.
Through their financial advisory business, the firm advises clients around the world on strategic and financial matters including mergers and acquisitions, restructurings, capital structure and capital raising. Client relationships are built on trust and discretion. As the world’s largest advisory-focused firm, they have exceptional depth of expertise across industry sectors and geographies. They value the rich diversity that comes from blending local perspective with their global network.
Our client’s Private Capital Advisory Group (“PCA”) is an 85+ person global team with a Secondary Advisory business as well as a placement agent business that manages the raising of capital for Private Equity, Private Credit and Real Estate firms. The Secondary Advisory team advises on the divestiture of private fund interests and direct securities interests via GP-led transactions (single / multi-asset continuation fund, strip sale, tender offer, etc.) and LP-led transactions (sale processes of existing fund positions on behalf of institutional investors). PCA interacts primarily with institutional investors (sovereign wealth funds, public funds, corporate pension funds, foundations/endowments, financial institutions, fund of funds and asset managers). They work with all types of sponsors (buyout, growth equity, venture capital, infrastructure and real assets) and analyze portfolios across all industry verticals and advise clients on all major secondary transaction structures.
Associates on the Secondary Advisory team are required to combine investment banking skillsets (due diligence, strategic and financial advice, transaction execution) with capital markets functions (sales and distribution).
Deal teams are typically formed with 3-4 PCA professionals, comprised of an Analyst, Associate, Vice President or Director and a Managing Director. Associates work within deal teams during the preparation of a transaction (i.e., facilitating diligence with the client, drafting marketing materials such as a Confidential Information Memorandum, building financial projection model(s) and modelling returns to prospective investors, preparing the Virtual Data Room, etc.) and during the marketing and due diligence phases of the transaction (i.e., managing investor outreach process, facilitating and responding to due diligence questions and other responsibilities as part of managing the transaction process).
They’ll trust you to:
- Prepare presentation materials and pitches for prospective clients
- Analyze client financial and performance information and assist in the group's due diligence investigations of prospective clients and companies
- Run financial models for underlying companies (asset operating models, LBO, DCF) and fund level returns
- Assist in the preparation of marketing materials, including confidential information memorandums and investor presentations
- Manage the new investor outreach process as part of live transactions
- Assist in preparing / reviewing responses to investor due diligence requests
- Communicate regularly with institutional investor coverage professionals and across investment banking M&A teams
You’ll need to have:
- At least two years of investment banking, secondary advisory, investing or other relevant experience
- A proven ability (through multiple similar assignments) to work on complex projects
- A strong and demonstrable analytical background
- Effective presentation, communication and writing skills
- Top academic performance with comfort operating in a fast-paced environment that values initiative, creativity, and maturity
If you are interested in learning more about this opportunity or applying for the position, simply complete the form below.