Associate, Private Equity Co-Investment

Associate, Private Equity Co-Investment

Location: New York

About Capital Dynamics:

Capital Dynamics is an independent global asset management firm focusing on private assets, including private equity (primaries, secondaries, and co-investments) and clean energy.

Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees more than USD 15 billion in assets under management and advisement, and employs approximately 150 professionals globally across 12 offices in Europe, North America, and Asia.

Private Equity, Co-Investment Overview:

Capital Dynamics’ global Co-investment team typically makes investments in mid-market companies alongside established lead investors and specialist sponsors who have a history of strong performance, relevant sector expertise, consistent strategy and execution, and whose teams have shown that they can invest successfully through different economic cycles.

The Co-Investment team has raised and deployed several successive co-investment funds and is currently investing out of Mid-Market Direct VI (MMDVI), its latest flagship vehicle. The co-investment team invests in companies in North America, Europe, and the rest of the world, particularly developed Asia.

Role Purpose:

We seek to hire an Investment Associate to working alongside members of the US Private Equity Co-Investment team in the analysis, due diligence, and monitoring of direct investments, as well as periodic valuation, reporting, and other functional areas as needed.

Key tasks and responsibilities:

• Participate in direct investment selection, fund portfolio management, and reporting.
• Support US Co-Investment colleagues in the management of the deal pipeline and screening of inbound deal-flow to evaluate potential fit for the MMDVI portfolio.
• Undertake due diligence on prospective investments, including financial statement analysis, sensitivity testing, development of various investment cases, market assessments, reference calls, meeting lead sponsors and management, and preparation of co-investment memoranda for investment committee review and consideration.
• Present investment cases and underwriting scenarios to the co-investment and/or global investment committee.
• Work in conjunction with the primaries investment team to develop relationships with financial sponsors to help source investment opportunities.
• Review transaction documentation; prepare closing certificates, valuation analyses, and the periodic reports (commentary and numerical data) used to communicate with fund investors.
• Support fundraising efforts, including preparation of marketing documents and communication with investors.
• Support the deployment of AI-enabled systems and tools for various operational and valuation processes.
• Attend lead sponsor AGMs, quarterly portfolio company board meetings, and other external events as needed.

Skills and Qualifications:

• A Bachelor’s degree from a well-regarded institution with a strong GPA.
• Three (3) to five (5) years’ relevant experience in private equity (direct and/or co-investments, secondaries), Investment banking (M&A/coverage/leveraged finance) or Investment Consulting.
• Highly developed quantitative skills, strong financial modeling and writing skills (financial analysis, modeling, valuation, and reporting).
• Exceptional attention to detail with the ability to produce a high-quality work product.
• Project management and presentation skills combined with multi-tasking abilities.
• An interest in developing an understanding of the legal framework and documentation typical of a direct investment.
• Sound investment judgment with a keen awareness of risk, return, and exposure management.
• Highly developed verbal/written communication skills (articulate, balanced, and persuasive).

Additional information:

• This is an office-based role, working out of our New York location, a minimum of 4 days per week.
• Candidates must be able to travel to the CD New York office for in-person interviews and technical assessment.
• To be eligible for this role, candidates must have full ‘right to work’ in the United States, without visa sponsorship now or in the near future.
• First year total compensation (Base and Bonus) - USD 225,000 - 275,000 (flexible depending on candidate exp).

Diversity & Inclusion:

Capital Dynamics is an Equal Opportunity Employer and is committed to creating a globally diverse workforce. We are a global company with 23 nationalities represented across our staff in 13 offices, spanning North America, Europe, the Middle East, and Asia. We believe diversity and inclusion (“D&I”) is key to being better at what we do, and our initiatives are designed to attract, develop, and advance talented individuals, regardless of race, sexual orientation, religion, age, gender, disability status, or any other dimension of diversity. We welcome and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply to join Capital Dynamics.