What are the responsibilities and job description for the Private Equity Associate position at Vesey Street Capital Partners?
Company Description
Vesey Street Capital Partners (VSCP) is a New York City-based private equity firm focused on buyouts of lower middle-market healthcare services businesses. The firm targets founder-led businesses and corporate carve outs with strong cash flow and low reimbursement risk. VSCP seeks to add value by growing revenue and EBITDA organically and through M&A, leveraging their extensive industry expertise and connections.
Role Description
This is a full-time on-site role for a Private Equity Associate at Vesey Street Capital Partners in New York, NY. The Associate will be responsible for financial modeling, analytical assessments, investment evaluations, due diligence, and private equity transactions within the healthcare services sector.
Day to Day Responsibilities
- Work directly with senior members of the team to source and diligence new investment opportunities (including valuation work, financial modeling, preparing investment memos and presentations)
- Active monitoring of portfolio companies, including communication with management teams and board members
- Preparation of reporting materials and presentations for Board Meetings and LP communication
- Support other members across variety of tasks related to deal analysis and execution
- Continuous analysis of the firm’s investment pipeline
- Financial modeling to support potential transaction opportunities
- Establish and maintain relationship with industry, trade and professional organizations
- Support initiatives to maintain firm visibility in the industry
Qualifications
- Undergraduate degree (preferably business focus) with excellent documented scholastic performance
- 2 to 5 years experience working in the financial services industry (preferably experience in investment banking)
- Organizational experience in deal process and completion
- Excellent financial modeling and PowerPoint skills
- Experience in organizing presentations for internal and external audiences
- A documented record of strong performance and group success
- Strong communication and interpersonal skills