Associate Director/Director, Private Investments

Description

HB Wealth (“HB”) is a national, independent, fee-only wealth management firm headquartered in Atlanta, GA, with additional offices in Palm Beach Gardens and Tampa, FL; Nashville, TN; Columbia and Greenville, SC; Augusta, GA; and Towson and Columbia, MD.

Founded in 1989, HB provides comprehensive financial planning, investment management, and family office services to primarily high-net-worth individuals, families, and institutions. With over $25 billion in assets under management as of May 31, 2025, our team collaborates across all locations to deliver The Fiduciary Standard, Elevated—bringing clients trusted advice and financial peace of mind.

At HB Wealth, we foster a healthy, collaborative work environment where every team member is respected and valued. We look for talented individuals who are passionate about learning, growing, sharing ideas, and making a meaningful impact for our clients.

Position Summary

The Associate Director/Director, Private Investments will play a key role in sourcing, evaluating, and monitoring private investment managers across a range of strategies including buyout, growth, venture, private credit, and infrastructure. This position requires a deep understanding of the private markets landscape, strong analytical and due diligence capabilities, and the ability to build and maintain relationships with both external investment partners and internal stakeholders. The position will also help the development of a co-investment program and should have experience underwriting individual co-investments.

The ideal candidate will bring a blend of investment acumen, strategic thinking, and relationship management skills to support the firm’s mission of delivering differentiated investment solutions to clients.

Job Responsibilities

Investment Sourcing & Origination

• Identify, evaluate, and develop relationships with private equity firms, venture capital managers, and other alternative investment sponsors to source fund and co-investment opportunities.
• Maintain a strong network of industry contacts to ensure consistent access to high-quality deal flow.
• Proactively research market trends, sectors, and geographies to identify emerging investment themes and opportunities.

Due Diligence & Analysis

• Lead or support comprehensive due diligence on co-investment and direct deal opportunities, including financial modeling, valuation analysis, and risk assessment.
• Coordinate with internal teams and external advisors to assess operational, legal, and market considerations.
• Prepare detailed investment memoranda and present recommendations to the investment committee.

Transaction Execution

• Negotiate and structure investment terms in collaboration with legal counsel and senior leadership.
• Coordinate closing processes, ensuring all required documentation, compliance, and approvals are in place.

Portfolio Management

• Monitor existing private investment portfolio, tracking performance, valuation changes, and key operational developments.
• Maintain regular communication with sponsor partners.

Stakeholder & Client Engagement

• Serve as a subject matter expert  for private markets for internal advisors, clients, and prospects.
• Contribute to client reporting, educational materials, and presentations.
• Participate in client meetings as needed to explain private investment strategies, risks, and performance.

Requirements

• Bachelor’s degree required; MBA, CFA, or CAIA preferred.
• 5–10 years of relevant experience, such as private equity, investment banking, or asset management (endowment, foundation, family office, OCIO firm, fund of funds, or similar organization), with a preference for experience with direct/co-investment transactions.
• Demonstrated track record in evaluating and executing private market investments.
• Strong financial modeling and analytical skills.
• Excellent negotiation skills and familiarity with private investment legal structures.
• Deep network of industry relationships within the private equity and alternative investment ecosystem.
• Exceptional written and verbal communication skills, with the ability to clearly articulate complex investment ideas.
• High level of integrity, professionalism, and discretion.
• Willingness to travel.
• Ability to successfully pass criminal background / credit check required. 

Key Competencies

• Strategic and commercial mindset with the ability to see both the big picture and the details.
• Strong relationship management and networking abilities.
• Results-driven with a proactive, self-starter approach.
• Ability to manage multiple priorities and work effectively under tight deadlines.
• Collaborative team player who thrives in a dynamic, entrepreneurial environment.

This is not a remote position. Candidates should expect to be in an HB office 3 days per week. Candidates should be local or willing to relocate to the Baltimore-Washington metro area, Atlanta, Tampa, or Palm Beach.

Benefits 

• 17 days annual PTO 11 annual holidays observed
• 401k match
• 1st day eligible benefits offering; medical, dental, vision, telemed, disability,
• Paid Maternity/Paternity leave
• Fun and welcoming office environment with monthly and quarterly events
• Ability to work remotely 20%
• Cell phone stipend
• EPP

Why HB is a great place to work

Employees enjoy the collaborative, inclusive, team environment where they feel challenged and supported. The community involvement and philanthropy opportunities contribute to the culture of our company. The continuous learning opportunities, our client base, and the comprehensive benefit package round out the competitive compensation.  

HB is an Equal Employment Opportunity Employer. HB only invites professionals to join us who share our values of hard work, meritocracy, respect for others, diversity, and commitment to our communities. Key to our culture is our commitment to creating a diverse workplace and fostering an inclusive environment in which people can be free to be their authentic selves. We insist on equality. It is expected, it is empowering, it is unwavering. We celebrate one another for the unique gifts that you alone can bring. We value difference, creativity, and spirit. It is in our DNA, and we like it that way.