We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
This role will engage broadly in various areas of private equity, but will focus primarily on secondaries and contribute to all aspects of the secondary deal process. It is well suited for investment professionals with a go-getter personality who are confident to develop and share their thoughtful opinion and thrive in an entrepreneurial, collaborative, low-ego culture, with high volume and fluid structure. Deals are very similar to private equity as the team takes concentrated positions. This hire should be able to think more like a portfolio manager than solely an investor, as it will be important to consider how deals link together and craft creative deal structuring. Responsibilities include:
- Deal sourcing, screening and conducting due diligence on private equity secondary and direct investments, leveraging the firm’s global network
- Lead evaluation and analysis of secondary transactions assets across stages (i.e., buyout, venture, growth equity, etc.), industries and geographies
- Work with outside groups, such as fund managers, company management teams and investment bankers, as well as internally across groups, to perform due diligence, find new opportunities and execute transactions
- Prepare and present due diligence materials and investment committee memos
- Construct an opinion around various investment opportunities and efficiently communicate it both verbally and in written materials; with the ability to defend your position in a team environment, including investment committee meetings
- Negotiate/coordinate deal closing/structuring process and post-close monitoring of existing investments
- Manage relationships with private equity sponsors, intermediaries, advisors (financial, legal, commercial) and other investors
Requirements:
- 6+ years of private equity (secondaries, buyout, special sits, ) or other relevant experience
- Proven track record in sourcing, executing and completing successful private equity deals
- Strong sense of risk/reward trade-offs, and an ability to display sound investment judgement
- Self-starter with ability to “work a deal” and think “outside the box” when evaluating and progressing opportunities
- Strong interpersonal skills, with 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 develop, coach and lead deal teams
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
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What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
