Full-Time
Capital Advisory Associate
Lincoln International
1,001-5,000 employees
Mid-market investment bank for cross-border M&A
No salary listed
Frankfurt, Germany
Hybrid
Hybrid role: in-office Mon-Thu with optional remote on Fridays.
 Finance & Banking (1) |
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- 3-4 years prior professional experience in Capital Advisory, Leveraged Finance, Transaction Services or Business Modelling experience, preferably in the mid market
- Fluency and thorough understanding in Accounting, Corporate Finance and/or Leveraged Finance coupled with excellent Business Acumen
- An exceptional, well rounded academic background, ideally educated to Masters level in a business related subject
- Great analytical skills and attention to detail, along with a willingness to develop and learn
- Solid and growing understanding of business models and sectors coupled with a good grasp of corporate strategy and themes related to company growth and development
- A proactive and self-motivated approach, with a commitment to personal growth, underpinned through professional and academic excellence as well as other pursuits and personal projects
- Adaptability, dependability and the ability to manage a dynamic workload
- Clear and engaging communication skills- verbally as well as written. Is able to relate and connect to other stakeholders quickly- clients, management teams and LI colleagues
- Collaborative style and a personally engaging manner
- International experiences and perspectives
- Excellent written and spoken German and English skills, other European Languages are a plus
- Proficiency in Microsoft Excel and PowerPoint
- Not currently hiring individuals who require sponsorship for employment visa status
- Conduct market research and financial analysis to support client engagements
- Support senior team members within the Capital Advisory Group (CAG) in Frankfurt in executing debt financing transactions (acquisition financing, refinancing and recapitalisation deals) as part of the wider European CAG team
- Prepare marketing documents and pitches
- Carry out financial analysis & modelling, including analysing business forecasts, scenario analysis and covenant sensitivities
- Identify and contacting finance providers on transactions
- Collaborate with cross-functional teams both across Europe within the CAG team as well as local M&A teams to ensure seamless project execution
- Attend client meetings and participate in discussions
- Interact with senior bankers and clients’ senior executives
- Leading or implementing initiatives focused on growing the firm’s franchise value
Lincoln International is a mid-market investment bank with a global reach and independent ownership. It provides M&A advisory, debt advisory, restructuring and special situations advisory, valuations and opinions, corporate finance advisory, and UK pensions advisory through a network of thirteen offices worldwide. How it works: senior bankers in integrated, globally connected deal teams coordinate across regions, leveraging global resources to execute cross-border and domestic transactions. Its model combines international reach with a hands-on, client‑focused approach; the firm is owned and operated by partners to avoid conflicts of interest and emphasize long‑term relationships. The goal is to help middle‑market clients complete transactions and strategic financings with trusted, globally resourced support that remains personal and accountable for each assignment.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
$80.7M
Headquarters
Chicago, Illinois
Founded
1996
Simplify's Take
What believers are saying
- S&P Lincoln Senior Debt Index partnership expands distribution to institutional and retail investors globally.
- Lincoln Lens platform monetizes proprietary valuation data through self-service analytics and portfolio monitoring.
- Strategic hires in software, fintech, and energy sectors position firm for sector-specific deal flow growth.
What critics are saying
- S&P partnership commoditizes proprietary data, enabling competitors to offer free benchmarking alternatives.
- Q1 2026 software valuations fell 8.8% amid AI fears, compressing mid-market M&A advisory fees.
- Direct lending covenant defaults rising above 3.1% erodes debt advisory revenue and client confidence.
What makes Lincoln International unique
- Only truly independent, integrated mid-market investment bank with global reach across 16 countries.
- Proprietary database of 7,000+ portfolio companies enables Lincoln Lens platform for client benchmarking.
- Senior bankers hands-on with deals; not a mid-market division of larger conglomerate.
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Benefits
Hybrid Work Options
Company News
Barclays names Kensuke Nakatsuka Head of M&A Advisory for Japan Investment Banking. Sunday, Apr 12, 2026 8:46 pm ET 1min read Barclays Securities Japan has appointed Kensuke Nakatsuka as Head of M&A Advisory for Japan Investment Banking. Nakatsuka has over 20 years of M&A advisory experience, having previously held senior leadership roles at Lincoln International, Citigroup, and Credit Suisse Securities. He will lead the Japan M&A Advisory team in advising clients on public and private mergers and acquisitions, divestitures, spin-offs, and other strategic transactions. Nakatsuka will report to Yuzo Otsuka and Ee-Ching Tay, Heads of IBK, Japan, and M&A, Asia Pacific, respectively. Ask Aime: How will Kensuke Nakatsuka's appointment impact Japan's M&A market? Barclays Securities Japan Limited has appointed Kensuke Nakatsuka as Head of M&A Advisory for Japan Investment Banking. Nakatsuka brings over 20 years of experience in M&A advisory, having previously held senior roles at Lincoln International, Citigroup, and Credit Suisse Securities in Tokyo according to a press release. In his new role, he will lead the Japan M&A Advisory team in advising clients on a range of strategic transactions, including public and private mergers and acquisitions, divestitures, and spin-offs. Nakatsuka will report to Yuzo Otsuka, Head of Investment Banking in Japan, and Ee-Ching Tay, Head of M&A for Asia Pacific as reported. Nakatsuka's appointment follows a period of increased M&A activity in Japan, driven by low interest rates, corporate governance reforms, and a weaker yen, which have encouraged outbound cross-border transactions according to analysis. His extensive experience in the Consumer, Industrials, and Technology, Media, and Telecommunications (TMT) sectors is expected to strengthen Barclays' advisory capabilities in Japan as noted in the announcement. Prior to joining Barclays, Nakatsuka served as a Managing Director at Lincoln International, where he advised on domestic and cross-border transactions involving private equity and corporate clients according to company details. Before that, he held leadership roles at Citigroup and Credit Suisse Securities as previously reported. His appointment underscores Barclays' commitment to expanding its presence in Japan, a key market for the firm's global investment banking business according to market analysis. Aime insights. Among the Magnificent 7, which stock offers the best value to buy now? Which companies have consistent earnings growth and high profit margins? What powerful indicators do day traders use?
L. Thomas Gregory joins Lincoln International as a Senior Advisor. Lincoln International, a leading global investment bank, is pleased to announce that L. Thomas Gregory has joined the firm as a Senior Advisor to its Valuations & Opinions Group. Tom brings over 40 years of experience in private credit and equity investing, corporate strategy and capital markets. He has deployed over $10 billion of debt and equity capital across more than 1,000 investments, delivering strong risk-adjusted returns while building and leading high-performing organizations across the lower-middle market. "We are thrilled to welcome Tom as a Senior Advisor to our valuations professionals," said Ron Kahn, Managing Director & Global Co-Head of Valuations & Opinions. "Throughout his distinguished career as an investor, executive and board leader, Tom has established a reputation as a leader who builds cohesive, values-driven cultures and achieves sustainable growth. His insights will be invaluable as we continue to grow the scope and capabilities of Lincoln's valuations advisory practice." Tom has extensive experience advising management teams, boards and investors on capital formation, strategic growth initiatives and value creation. He has also led numerous complex restructurings, including distressed investments, recapitalizations and operational turnarounds. "Lincoln's reputation as a proactive and trustworthy leader in the valuations space is one of the many reasons I am excited to begin my role as a Senior Advisor," said Tom. "My own advisory approach emphasizes disciplined investing and the creation of enduring enterprise value, which is deeply aligned with the values and culture that drive Lincoln as a firm." Connect with Tom and Lincoln's Valuations & Opinions leaders to learn how its team can help drive your success. Summary.
Lincoln International adds Kunal Kalra as Managing Director, expanding software coverage in Europe. Lincoln International, a global investment banking advisory firm, is pleased to announce the addition of Kunal Kalra as a Managing Director in its Technology Group. Based in the firm's London office, Kunal brings over 16 years of corporate finance and investment banking experience advising private equity firms, sovereign wealth funds, founders and global corporations across the technology sector, with a focus on the software vertical. Prior to joining Lincoln, Kunal was at Arma Partners, where he spearheaded several landmark transactions across software verticals, including the sale of Anaqua to Nordic Capital; the sale of Kerridge Commercial Systems (now Klipboard) to CapVest; the sale of German-listed GK Software to Fujitsu; and the sale of RGI to CVC. "Software remains the most sought-after technology asset class for our clients and is a primary driver of growth across the sector," said Harald Mährle, Managing Director & Global Co-Head of Technology. "Kunal's demonstrated expertise in this area will be an invaluable asset as we continue to scale Lincoln's software presence across Europe." With Kunal's hiring, Lincoln's European technology team grows to 11 Managing Directors, reflecting the firm's continued commitment to delivering exceptional outcomes for clients across the region. "I look forward to joining the Lincoln platform at a pivotal time for our industry," said Kunal. "My clients will benefit from the combination of my own sector expertise and Lincoln's global reach and proprietary insights into software valuations and transaction trends."
A tech expert at Lincoln International. TECH | A tech expert at Lincoln International. Published on Feb 26, 2026 at 16:09, updated on Feb 26, 2026 at 17:59 | 291 words The mid-market investment bank is recruiting a specialist in the technology sector... Lincoln International strengthens its Paris office and welcomes Sara Rachele Napolitano as managing director within its technology department. Graduate of a Master's from Luiss Business (...) To access this article, the entire site and our databases, discover our subscription plans. BioTech, FinTech, MedTech... Follow all deals and movements in TECH on social networks. Sara Rachele Napolitano LINCOLN INTERNATIONAL Every Monday and Wednesday
Lincoln International and S&P Dow Jones Indices collaborate to bring enhanced transparency to private credit markets. New U.S. and Europe S&P Lincoln Senior Debt Index Series provide investors with independent benchmarks for manager performance and market risk. CHICAGO, February 23, 2026 - Lincoln International, a global investment banking advisory firm, today announced a strategic collaboration with S&P Dow Jones Indices (S&P DJI) to launch the S&P Lincoln Senior Debt Index Series, which includes the U.S. S&P Lincoln Senior Debt Index and Europe S&P Lincoln Senior Debt Index. These indices, which will first be reported quarterly and then monthly before the end of 2026, address a critical need of private markets participants: transparent, independently calculated benchmarks that can be used to evaluate performance of private credit investments. The indices combine Lincoln International's private market insights with S&P DJI's expertise in index design, administration, and governance. By tracking the fair value of direct lending investments across fund clients in the U.S. and Europe, the indices provide asset managers, limited partners, plan sponsors, other institutional investors and retail investors with a credible reference point for benchmarking returns, assessing risk profiles and making informed allocation decisions. "Private credit has grown into a multi-trillion-dollar asset class, but institutional investors have historically lacked the transparent, rules-based benchmarks that exist in public markets," said Rob Brown, CEO of Lincoln International. "Through the launch of this collaboration, we have an opportunity to bring our comprehensive private market data to a much larger universe, further bolstering our position as the leading global investment bank serving the private capital markets." The collaboration between Lincoln International and S&P DJI enables critical use cases for a wide range of private market participants: * Asset Managers: Fund managers now have a third-party benchmark to reference when presenting performance data to current and prospective investors. * Institutional & Retail Investors: Investors and allocators can now compare manager performance against a recognized independent benchmark, moving beyond anecdotal or manager-provided data. * Research Institutions: Private market researchers and analysts will gain better visibility into directional trends of the direct lending market, including changes in pricing, and shifts in the return profile across an array of industries and size categories. "As the push for retail capital continues to accelerate, private market participants are demanding greater transparency and frequency of data on what has historically been an opaque and illiquid asset class," added Ron Kahn, Managing Director and Co-Head of Lincoln International's Valuation and Opinions Group. "This benchmark equips fund managers, allocators and individual investors with a common language for understanding what's happening in private lending markets." "Private markets are experiencing a transformative moment, driven by increased participation and demand for better insight," said Catherine Clay, Chief Executive Officer at S&P Dow Jones Indices. "As private markets continue to mature, the need for trusted data and benchmarks is becoming more pronounced. We're excited about the opportunity to extend our expertise into this space in collaboration with Lincoln International, bringing consistency to a market that is increasingly important to investors worldwide." The launch of the U.S. and Europe S&P Lincoln Senior Debt Index Series is an extension of Lincoln International's work to build the most comprehensive view of the private capital market bringing unparalleled insights and perspectives from the wealth of data it analyzes. Lincoln International will continue to publish the Lincoln Private Market Index, produce quarterly insights and webinars on the state of the private markets delivering the interpretation, implications and nuanced commentary that help clients and investors understand what the data means for their portfolios. To learn more about the U.S. and Europe S&P Lincoln Senior Debt Index Series, visit https://www.spglobal.com/spdji/en/index-family/private-markets/private-credit/#overview. For more information about Lincoln International's private markets indices and data offerings, visit www.lincolninternational.com. LINCOLN SENIOR DEBT INDEX, LINCOLN PRIVATE MARKET INDEX and LINCOLN INTERNATIONAL are service marks owned by Lincoln International, LP. About Lincoln International Lincoln International is a trusted investment banking advisor to business owners and senior executives of leading private equity firms and their portfolio companies and to public and privately held companies around the world. Its services include mergers and acquisitions advisory, private funds and capital markets advisory, and valuations and fairness opinions. As one tightly integrated team of more than 1,400 professionals in more than 25 offices in 16 countries, Lincoln International offer an unobstructed perspective on the global private capital markets, backed by superb execution and a deep commitment to client success. With extensive industry knowledge and relationships, timely market intelligence and strategic insights, Lincoln International forge deep, productive client relationships that endure for decades. Connect with Lincoln International to learn more at www.lincolninternational.com. The U.S. S&P Lincoln and Europe S&P Lincoln Senior Debt Indices are a product of S&P Dow Jones Indices LLC or its affiliates ("S&P DJI") and Lincoln Partners Advisors LLC and its affiliates. S&P(R), S&P 500(R), SPX(R), SPY(R), US 500(TM), The 500(TM), iBoxx(R), iTraxx(R) and CDX(R) are trademarks of S&P Global, Inc. or its affiliates ("S&P"); Dow Jones(R) is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Lincoln International and the Lincoln Senior Debt Index are service marks owned by Lincoln International, LP and its affiliated entities. Investment products based on S&P DJI's indices are not sponsored or sold by S&P DJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the indices.