Associate – Private Equity - Primaries

Job Description
 

Firm Overview

LGT Capital Partners is a leading global specialist in alternative investing with over USD 120 billion in assets under management and more than 700 institutional clients in 50 countries. An international team of over 900 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Singapore, Tokyo and Sydney.

Job information

This Associate role sits on LGT Capital Partners' dedicated Primaries Team in San Francisco and is designed for an investment professional who can help drive fund investing activity across North American private equity. The position combines market coverage, manager relationship development, investment underwriting, portfolio monitoring, and selective client engagement.

Key Responsibilities

• Lead core aspects of deal origination, screening, and underwriting for North American buyout and growth equity fund opportunities, supporting the team in identifying attractive managers and investment themes across the market.
• Shared coverage of U.S. primaries, with particular focus on technology, the West Coast, and impact, while developing informed views on market trends, manager pipelines, and sector dynamics.
• Source opportunities and build relationships with both established and emerging managers, maintaining active dialogue with sponsors and industry participants to strengthen the firm’s market access and visibility.
• Support the evaluation and execution of new fund opportunities through diligence, financial and qualitative analysis, investment memoranda preparation, and internal recommendation processes. Key responsibilities include intake, screening, and logging of incoming opportunities as well as initial diligence and information collection.
• Contribute to the development of the broader U.S. private equity primaries strategy by sharing market intelligence, helping shape coverage priorities, and identifying areas of thematic opportunity.
• Help originate co-investment and secondary opportunities through existing GP relationships, ensuring strong coordination across adjacent investment strategies and maximizing the value of sponsor connectivity.
• Work with sponsors across the value chain, including co-investments, secondaries, and credit, to identify opportunities for deeper partnership and broader platform engagement.
• Collaborate closely with co-investment, secondary, and credit colleagues to coordinate coverage, share diligence insights, and present a cohesive approach to GP relationship management.
• Support efforts to position LGT Capital Partners as a preferred long-term partner to GPs through thoughtful coverage, consistent engagement, and high-quality execution.
• Support portfolio monitoring activities for existing fund investments by tracking performance developments, preparing updates, and helping assess portfolio positioning over time.
• Conduct regular monitoring and prepare portfolio updates for internal stakeholders, including investment developments, manager performance, and key portfolio events.
• Partner with co-investment and secondary colleagues where portfolio insights overlap, ensuring a coordinated view of sponsor relationships and underlying investment exposures.
• Contribute to selected client and prospective investor interactions by helping communicate the team’s strategy, portfolio positioning, and investment perspective in a clear and credible manner.
• Participate in fundraising and client pitch efforts by helping prepare materials, contribute investment content, and respond to diligence questions as needed.
• Support or participate in investment update meetings with clients, helping present portfolio developments and answer questions on the underlying strategy.
• Represent the team at industry conferences and firm events to support market intelligence gathering, relationship development, and broader brand presence.

Requirements

Ideal Candidate Profile/Qualifications

• Two to four years of relevant experience in U.S. private equity at a GP or LP, investment banking, consulting, or a closely related analytical environment.
• Strong analytical and critical thinking skills, with the ability to synthesize large amounts of qualitative and quantitative information and communicate conclusions clearly and concisely.
• Collaborative, low-ego team player who is also able to manage workstreams independently, take ownership of deliverables, and operate effectively in a fast-paced environment.
• Proven ability to collaborate across teams, investment strategies, and offices, building effective working relationships with colleagues and external counterparties.
• High proficiency in Microsoft Word, Excel, and PowerPoint, with the ability to build polished materials and support analytical workstreams efficiently.
• Comfort with using AI-enabled tools and technology resources in a thoughtful, responsible, and productivity-enhancing manner.

Salary Range 

• The Company anticipates that the annual base salary for this San Francisco‑based position could range from $135,000.00 to $175,000.00. The actual annual base salary paid for this position will depend on factors such as the skill, experience, and qualifications of the chosen candidate for the position. The Company is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law. 

Benefits

• Discretionary bonus
• Healthcare w/HSA – both paid at 100%
• Dental/Vision Package
• 401k Plan participation; 1:1 match up to 6% (Traditional & Roth)
• Long-term disability
• Life insurance
• Commuter benefits
• Discounted gym reimbursement
• 20 PTO days accrued quarterly; up to 25 after 5 years
• Unlimited sick days
• Remote work stipend up to $1,000.00

Contact Information
 

If you are interested in becoming an integral part of a successful alternative investment management team in an international, multicultural working environment we will be pleased to get to know you soon.
For further information please contact us.

Caroline Hicks

Human Resources

LGT Capital Partners (USA) Inc.

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