Investment Banking – M&A Private Capital Advisory – Analyst

Private Capital Advisory sits within the M&A group and is part of the global Private Capital Advisory & Solutions team. The team assists clients in raising non-control private capital for a variety of purposes including: M&A, growth/capex, shareholder monetizations, balance sheet equitizations, refinancings, etc. The team works closely with industry coverage and other product teams within the bank. The client universe primarily includes large investment grade corporates, sponsor-owned companies and entrepreneur-led / family businesses, who are entering private transactions, including as an alternative to the public market. Capital is raised through bespoke M&A-style processes and from a variety of sources including private equity funds, sovereign wealth funds, alternative & credit investors, pension funds & insurance companies, family offices, and other institutional investors. Private investors are increasingly seeking opportunities to deploy solutions-focused capital and form long-term partnerships with corporates / entrepreneurs. You will get exposure to all sectors, and types of transactions across the capital structure from common equity transactions to more structured deals depending on client requirements.

The team has raised more than $105bn of capital for clients globally, including some of the largest private capital transactions to date .

Job responsibilities 

• Work with clients in tandem with industry coverage teams to analyze the optimal transaction structure and financial modelling for a potential transaction

• Analyze the most suitable investor universe for each transaction and speak to investors as part of the outreach process, be it for bilateral partnerships or broader partner identifications, as well as speaking to investors on an ongoing basis to maintain dialogue

• Support the preparation of transaction marketing and process materials including term sheets

• Drive day-to-day transaction execution from launch through signing, coordinating investor outreach, diligence processes, management interactions, internal workstreams, and overall transaction management

• Analyze proposals received from investors including comparison of key terms and oversee financial modelling to analyze returns under different structures. Support the final negotiations for transactions 

• Support preparation of materials to present to J.P. Morgan clients, in partnership with industry and other product teams

• Given the team’s high deal flow and its flat hierarchical structure, there will likely be several opportunities to ‘step-up’ and take on greater responsibility over time

Required qualifications, capabilities and skills 

• 1-2 years of full time investment banking experience, specifically in M&A or coverage groups with strong M&A execution 

• Keen interest in private capital markets, minority M&A, and structured transactions. Interest in how minority transactions work including shareholder and governance agreements

• Desire to work across sectors and have exposure to a variety of complex transactions

• Strong modelling / technical ability and overall corporate finance proficiency. The role will require flexibility to work across the capital spectrum and be exposed to new and creative structures. It is important to be able to have an understanding of capital structures and investor returns modelling

• Ability to engage in client and investors communications

• Ability to take ownership across a transaction, with exposure to industry and product teams

• Ability to show initiative and support across several transactions in parallel, managing time appropriately across competing demands

Preferred qualifications, capabilities and skills 

• Prior experience in M&A or capital raising across equity and/or debt / leveraged finance