Assistant Vice President (or Senior Associate), GP-Led Secondaries
About The Position
Golub Capital is launching a private equity secondaries investing business focused on GP-led secondaries (e.g., continuation vehicles), targeting middle-market companies owned by sponsors Golub Capital has strong relationships with. The Firm has a track record of growing and expanding its capabilities as our sponsor clients seek to do more business with us, both in direct lending and other capital solutions. In recent years, our best sponsor relationships have demonstrated meaningful demand for continuation vehicles and other secondary solutions and would welcome Golub Capital as a solutions provider for these transactions. The Firm has historically specialized in 5 verticals: (1) Consumer, Restaurant and Retail, (2) Diversified Industries, (3) Financial Services, (4) Healthcare and (5) Software & Technology Services and will aim to pursue transactions that best align within these areas of expertise. The GP-Led Secondaries Team is a newly formed investment team within the Firm aimed primarily at (1) single-asset and multi-asset continuation vehicles and (2) LP interests in legacy private equity funds held by funds-of-funds. The team will initially leverage management company capital and co-investor capital, with a goal of launching a dedicated fund targeting $1+ billion of investor commitments in the near term and building a multi-billion-dollar business soon thereafter. This individual will assist with underwriting GP-led secondaries transactions and support the launch and growth of Golub Capital's GP-Led Secondaries business. This is a unique opportunity to be at the forefront of a high-growth initiative, supported by the Firm's deep sponsor relationships, investor capital and a proven underwriting process.
Requirements
- Bachelor's degree required, preferably with a major in Finance, Accounting, Business Administration, Economics or related financial discipline with an outstanding record of academic achievement
- At least 4 years of relevant experience
- High sense of urgency
- Capacity to manage multiple processes simultaneously
- Ability to work to meet tight deadlines, using own initiative and without close supervision; strong work ethic
- Ability to manage changing demands in fast-paced environment
- Detail-oriented, strong financial modeling and accounting skills and comfortable with writing and presenting detailed memos / analytics to Investment Committee
- Enthusiastic about working in office and creating a Gold Standard hybrid work culture
Nice To Haves
- Experience working with financial sponsors is a plus
Responsibilities
- Assisting the Underwriting Team in evaluating private equity secondary transactions
- Conducting detailed business diligence such as analysis of underlying portfolio companies, industry, competitive landscape, financial / KPI trends, liquidity and exit strategy
- Preparing Investment Committee memorandums
- Developing financial models to review multiple scenarios
- Supporting deal structuring, negotiation and execution processes
- Monitoring existing investments; performing portfolio analytics and assisting in valuations
- Staying abreast of market trends and developments in the secondary market
- Other duties as assigned
Benefits
- full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
Number of Employees
1,001-5,000 employees
