Analyst-Private Equity Secondaries

Opportunity Overview:

The Analyst will be an integral part of StepStone’s Private Equity Secondaries investment team, which recently closed its fifth fund with $7.4 billion of total capital commitments. StepStone deploys billions of dollars per year in private equity secondary deals, including GP-led transactions, LP interests in private equity funds and structured secondary deals (e.g., team spin-outs, direct investments, fund recapitalizations and other special situations).

StepStone prides itself on the firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach. The position will have exposure to all levels of the firm globally, from Partners to fellow Analysts, on a daily basis.

Position Overview:

Your main responsibility will be to contribute to all aspects of the secondary deal process, including:

• Deal sourcing, screening and conducting due diligence on private equity secondary investments (both LP and GP-led transactions);
• Interact with fund managers/portfolio company management teams to conduct in-depth portfolio and asset-level underwriting and analysis;
• Perform quantitative and qualitative research and financial modelling/analysis on companies and assets across stages,  industries and geographies;
• Preparation and presentation of due diligence materials and investment committee memos;
• Construct an opinion around various investment opportunities and efficiently communicate both verbally and in written materials; with the ability to defend your position in a team environment, including investment committee meetings;
• Support negotiation/coordination of deal closing/structuring process and post-close monitoring of existing investments; and
• Occasionally travel for onsite due diligence and to sponsor’s annual meetings to monitor investments.

Requirements:

• Stellar academic record (university and GPA);
• 1-2 years of top-tier investment banking, consulting and/or private equity experience;
• Excellent quantitative skills, including financial modelling, analytical and valuation skills for purpose of evaluating investment opportunities;
• Strong sense of risk/reward trade-offs, and an ability to display sound investment judgement;
• Self-starter, with strong ability to think creativity and conduct research to solve problems or find solutions;
• Ability to communicate and present ideas effectively, both verbally and in writing;
• Capable of multi-tasking with strong attention to detail;
• Promote and demonstrate a positive, team-oriented attitude, with desire to work on various projects; and
• Fluent (written and spoken) English; (additional language skills a plus).