Winter 2026
Portfolio Valuation & Analytics Co-Op
Equity Management
Posted on 9/15/2025
Audax Group
Alternative investment manager for private markets
No salary listed
Boston, MA, USA
In Person
 Finance & Banking (2) |
|---|
| , |
- Currently pursuing a Bachelor’s degree in Compliance, Legal, Finance, Accounting, or a related major
- Strong analytical and problem-solving skills
- Familiarity with legal and compliance documents (i.e., subscription agreements, limited partnership agreements, equity ownership documents)
- Good understanding of finance, accounting and experience with alternative investments a plus
- Strong attention to detail, ability to multitask and prioritize workload
- Proven history of process engineering and efficiency improvements
- Strong interpersonal and communication skills
- Familiarity with iLevel, PowerBI, Diligent Equity, PitchBook, DealEdge and/or investment analytics software a plus
- Advanced Excel and PowerPoint skills including complex logic formulas and advanced lookup functionality
- Specific Excel/PowerPoint competencies: complex logic formulas, advanced combinations of lookup functions, strong PowerPoint presentation skills
- Maintain portfolio company capitalization table data within the Diligent Equity system by reviewing equity agreements to ensure accuracy and consistency
- Assist in building and maintaining waterfall models for quarterly valuation reporting and intra-quarter scenario analysis
- Support PowerBI dashboard development to provide portfolio company and fund-level ownership metrics
- Update private equity marketing materials/presentations across various platform strategies and assist in coordination of annual limited partner meetings/semi-annual advisory board sessions, including updating presentation materials, investment summaries, and compiling executive-level summary materials
- Assist in creation and update process of fundraising materials across various platform strategies including quarterly track records and company metrics files, fund performance analyses, ad-hoc limited partner requests, and benchmarking reports for use in outward-facing investor updates
- Analyze investment performance and communicate results to investor relations for use with prospective and existing limited partners; draft semi- annual/annual investment updates and portfolio company write-ups to help our investors better understand their investments
- Prepare valuation models for quarterly update process and co-ordinate with investment team members to ensure deadlines are achieved and models function as intended
- Ensure all completed valuation models adhere to relevant accounting standards as well as internal policies and procedures
- Assist in creation and updating of quarterly Valuation Committee presentation materials including details on portfolio company metrics, fund performance analyses and benchmarking analyses
- Update and maintain quarterly valuation summaries as required by co-investors
- Work in conjunction with the portfolio support team to update presentation materials for internal portfolio reviews, including industry specific analyses
- Stay up-to-date with industry best practices, market trends and regulatory changes affecting investments
- Maintain and ensure integrity of all portfolio company and fund level metrics stored within iLevel portfolio monitoring platform
- Understand functionality of iLevel and provide support to other users within the firm
- Work with investment team members to collect relevant company transaction metrics and materials and review for correctness
- Co-ordinate with Business Development and Analytics team members to confirm consistency of data across different internal platforms and databases
- Execute operational improvements. Coordinate with portfolio support team, finance, and IT to refine capitalization tables and business intelligence processes to improve quality and control of data for reporting and analysis
- Document work streams and offer recommendations on efficiency
- None
Audax Group is an alternative investment manager that funds middle-market companies. It operates through three lines: Audax Private Equity (buyouts and equity investments), Audax Private Debt (private debt and loan solutions), and Audax Strategic Capital (capital solutions and co-investments). It uses pooled investor capital to acquire, finance, and partner with companies, offering equity, debt, or hybrid financing and ongoing portfolio support. Its goal is to be a reliable capital partner for middle-market firms while delivering strong returns for its investors, leveraging its diversified platforms and global presence.
Company Size
N/A
Company Stage
N/A
Total Funding
$167.7M
Headquarters
Boston, Massachusetts
Founded
1999
Simplify's Take
What believers are saying
- Record 2025 capital raise by Audax Private Debt signals robust demand.
- Strong commitments from US government pensions boost Fund III momentum.
- Partnerships with Paymentology and Fortis expand fintech and infrastructure offerings.
What critics are saying
- H.I.G. Capital countersuit alleges Audax mismanagement, eroding stake value in 6-12 months.
- Fund III stalls at $2.66bn below $5bn target amid competition from Ares.
- SEC scrutiny halts $5.25bn PE fund closings due to rapid pension commitments.
What makes Audax Group unique
- Audax Group specializes in middle-market direct lending with $5bn Fund III targeting.
- Audax Strategic Capital invests in sponsor-controlled platforms across North America and Europe.
- Audax Private Equity deploys $5.25bn Fund VII for larger control investments.
Help us improve and share your feedback! Did you find this helpful?
Your Connections
People at Audax Group who can refer or advise you
Benefits
Health Insurance
Life Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
Parental Leave
401(k) Retirement Plan
Company News
Alaska Airlines taps PrimeFlight to provide cargo service in London. Eric Kulisch Alaska Airlines has selected PrimeFlight Aviation Services to handle cargo for the carrier at London Heathrow International Airport ahead of the May 21 launch of daily nonstop widebody service from Seattle to London. Alaska Airlines (NYSE: ALK) will carry cargo to London in the bellyhold of Boeing 787-9 Dreamliner aircraft inherited in the acquisition of Hawaiian Airlines. Alaska began service between its Seattle hub and Tokyo and Seoul, South Korea last year, marking the company's entry into long-haul international flying, and this spring will also add service from Seattle to Rome. PrimeFlight Aviation Services said in a news release on Friday that it will load and unload Alaska aircraft, build and breakdown pallets, and receive ground shipments from freight forwarders. PrimeFlight has a pre-existing relationship with Alaska Air, providing cargo support services at airports in Columbus, Ohio; Milwaukee; Omaha, Nebraska; Ontario, California; San Francisco; and Orange Country, California. The February acquisition of airline caterer GAT also means PrimeFlight serves Alaska Air on the passenger side at 11 domestic airports. "This appointment represents another important milestone in the continued growth of our cargo division, reflecting the increasing confidence airlines place in PrimeFlight's operational capability, service quality, and customer-focused delivery model," said Sascha von Wolfersdorf, vice president of operations for PrimeFlight's Europe operations. "Our cargo operation at LHR continues to expand, supported by ongoing investment in people, equipment and infrastructure to meet the demands of our cargo customers." PrimeFlight also has ground handling operations in Italy. It entered the European market through the 2025 acquisition of Airworld. It also picked up an air container maintenance and cabin maintenance business at London Heathrow and Frankfurt airport in Germany last year. Alliance Ground International. In related news, Alliance Ground International, the largest American-owned cargo handling agent for airlines, has a new owner. Lone Star Funds, based in London, announced last week that it has acquired Miami-based AGI from private equity firms Audax Group and Greenbrier Equity Group. AGI provides cargo, ground and mail handling, security and hospitality services at more than 60 airports in the United States and Canada, and employs more than 12,000 people. "We are excited to partner with the AGI management team to drive the business forward," said Lone Star CEO Donald Quintin. "The company has a superior service offering and a track record of success across its integrated operations. We see opportunities to continue to invest in the business and its people to continue to grow its capabilities and ensure it remains best-in-class in delivering for the aviation industry."
Audax raises $2.66bn for third direct lending fund. The third vintage is more than halfway to its $5bn target fundraise, filings show. In a series of filings with the US Securities and Exchange Commission, Boston-based Audax Group has reportedly raised $2.66 billion of its $5 billion target for Audax Direct Lending Solutions Fund III. The fund, which launched in December 2024, is still currently in its fundraising stage and, according to Private Debt Investor's website, has secured hefty commitments from US-based government pension funds. Gain instant access to its expert editorial analysis and in-depth insight. Already have an account? Sign in.
CHICAGO, June 2, 2025 /PRNewswire/ -- Stout, a leading global advisory firm, announced today that it has entered into a new strategic partnership with Integrum Holdings LP ("Integrum"), a private investment firm focused on partnering with technology-enabled services companies in the financial and business services sectors. Funds advised by Integrum will invest alongside Stout's employee shareholders to support the firm's continued expansion objectives. As part of the transaction, Stout's management team will remain in place, and existing employee shareholders will retain a meaningful equity stake. The transaction is expected to close in the third quarter of 2025 subject to customary closing conditions.This new partnership follows a successful and highly collaborative relationship with Audax Private Equity ("Audax"), which first invested in Stout in November 2021 through its Flagship strategy. Over the course of the partnership, Audax provided strategic and financial support that enabled Stout to expand its platform, double headcount, complete ten acquisitions, and accelerate its growth across geographies and service lines."We are deeply grateful to Audax for their partnership and support over the past three and a half years," said Craige Stout, Chief Executive Officer of Stout. "They have been instrumental in helping us further scale our business, and we are proud of what we accomplished together
Audax will now partner with LMP and Fortis to expand product and service offerings and scale infrastructure.
Fortis, a leader in payments technology, has secured a strategic investment from Audax Private Equity and existing investor Lovell Minnick Partners to accelerate its global leadership in embedded payments. This investment will support Fortis in expanding its product roadmap, pursuing strategic acquisitions, and enhancing its global presence in the $100 trillion B2B payments market. The partnership aims to strengthen Fortis' market position and technological capabilities.