Associate, Private Capital Advisory - New York

Join the private capital advisory team of a leading independent investment bank with a market-leading franchise across the middle market. The firm advises financial sponsors and their investors on liquidity, capital formation, and fund-level solutions across the full private equity lifecycle. Operating with a collaborative, sponsor-first culture, the group combines deep fund structuring expertise, rigorous asset-level analysis, and one of the strongest sponsor coverage networks in the market to deliver bespoke outcomes for general partners and limited partners globally.

The Opportunity

We are seeking an Associate to join the New York Private Capital Advisory team, working across GP-led and LP-led secondaries, co-investment, and primary fundraising mandates. This is a high-exposure opportunity for a commercially minded candidate to sit at the intersection of M&A-style asset diligence and fund-level structuring. Working directly with Directors, Managing Directors, and the group's leadership, you will own the analytical engine of live transactions while engaging directly with sponsors and institutional investors.

Key Responsibilities

• Build and own transaction models across single-asset and multi-asset continuation vehicles, including LBO and returns analysis, fund-level cash flow modelling, NAV analysis, and waterfall and carry mechanics.
• Lead preparation of marketing materials, including teasers, investor presentations, management presentations, and data rooms, synthesising complex portfolio and fund data into clear investment narratives.
• Manage secondary buyer and LP outreach end to end, coordinating diligence workstreams, Q&A, and third-party advisors through to close.
• Conduct asset-level and portfolio-level diligence across sectors, assessing performance, exit dynamics, and valuation to support pricing and structuring recommendations.
• Support origination through sponsor coverage, screening of GP-led opportunities, and preparation of pitch materials, while mentoring and reviewing the work of analysts.

What We're Looking For

• 2 to 4 years of relevant experience, typically from investment banking, private equity, secondaries advisory, fund placement, or transaction advisory.
• Strong financial modelling and valuation capabilities across both company-level and fund-level analysis, with genuine attention to detail under transaction timelines.
• Familiarity with fund structures, LPAs, distribution waterfalls, and private markets performance metrics is advantageous, though candidates from a pure M&A or buyside background with the right aptitude are strongly encouraged to apply.
• Demonstrated ability to run multiple workstreams independently in a fast-paced, deadline-driven environment.
• Excellent written and verbal communication skills, with the credibility to engage sponsors, institutional investors, and senior internal stakeholders. Degree educated in Finance, Economics, Business, or a related field.

Why Join?

• Join one of the fastest-growing areas of private markets, with GP-led secondaries and fund-level liquidity solutions continuing to expand as sponsors seek alternatives to traditional exits.
• Work within an established platform of 20 professionals across New York, London, and San Francisco, with three co-heads and a deep senior bench.
• Benefit from proprietary deal flow generated through the bank's own sponsor coverage and M&A franchise, rather than competing for mandates cold.
• Broad transaction exposure across continuation vehicles, fund restructurings, strip sales, tender offers, co-investment, and primary fundraising.
• Highly competitive compensation within a respected, high-performing organisation, with clear progression and genuine senior visibility from day one.