Associate, Secondary Investments Blog Post
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Associate, Secondary Investments Blog Post

Allocator Jobs

Location: Chicago,IL, USA

Date: 2024-12-22T16:17:48Z

Job Description:
Adams Street Partners is a global private markets investment manager that has $61 billion in assets under management. The firm is 100% employee-owned, which fosters a positive and unique culture of collaboration, intellectual rigor, integrity, and a commitment to professional development. For the seventh year in a row, Adams Street was named one of Pension & Investments' Best Places to Work in Money Management in 2024. Details below.About the Secondary Investment TeamAdams Street's secondary investment team consists of 17 professionals globally. To date, Adams Street has closed on over 290 secondary transactions, ranging from traditional acquisitions of limited partnership interests from other private equity fund investors (LP-led transactions) to more complex, structured acquisitions of portfolios of direct company interests and creative liquidity solutions to fund managers (GP-led transactions).It manages over $8 billion, currently investing its eighth dedicated secondary fund as well as capital from multiple other Adams Street funds of funds and separately managed accounts. The team's leveraging of the firm's unique knowledge base and relationships across private.Responsibilities:The Secondary Investment Associate is responsible for sourcing, analyzing, modeling, and monitoring investment opportunities. The position offers a deal-oriented, high-responsibility role exposed to the full array of private markets subclasses, including buyout, venture capital, mezzanine/subordinated debt, restructuring/distressed debt, and special situation funds across all industries and in both developed and emerging markets. Secondary Associates are deeply involved in the development of cash flow models, investment theses, and various risk analyses. This role will be based in our Chicago office.Specifically, the individual will be involved with and responsible for:
  • Performing quantitative analysis, including LBO, fund, and transaction modeling
  • Conducting market and company research
  • Participating in due diligence calls with GPs, management, and sellers
  • Assisting in all aspects of the transaction, including deal selection, pricing analysis, and execution
  • Assisting in all transaction documentation and presentations to investment committee
  • Developing and maintaining proprietary deal and market intelligence
  • Participating in identification of deal sourcing targets
  • Supporting in strategic team and firm initiativeCandidate Requirements:We seek an individual who is self-disciplined, demonstrates creative thinking and has the following characteristics:
    • Graduated from a top-tier undergraduate university
    • 2-3 years of work experience in private equity or investment banking, with preference for M&A and LBO transaction experience
    • Strong analytical, modeling, organizational, and writing skills
    • A professional presence combined with relationship and communication skills to interact effectively with internal and external parties
    • A highly motivated, self-starter with the ability to work independently within a team contextWe are currently seeking an Associate for a summer 2025 start. #J-18808-Ljbffr
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