Associate, Private Equity (Pre-MBA Fixed-Term)

AustralianSuper•New York, NY

29d•Onsite

About The Position

This is a 2-year, pre-MBA program and a developmental role designed for early-career professionals to gain hands-on investing and portfolio management experience within AustralianSuper's global Private Equity portfolio. The role involves evaluating private equity fund commitments and co-investments, assisting with deal execution, and supporting ongoing portfolio monitoring. The New York office is expected to grow significantly, and the Associate will be a key part of building its culture.

Requirements

Bachelor’s degree in Finance, Business, Economics, or a related field (tertiary qualification required).
Strong academic performance.
2-3 years of full-time experience in investment banking or a similar financial services role.
Experience with financial analysis, transaction processes, and valuation techniques relevant to private equity investing.
Superior quantitative and financial modeling abilities, with advanced proficiency in Excel.
Ability to build, analyze, and interpret complex financial models (e.g., LBO, cash flow models) accurately and efficiently.
Excellent analytical and research skills, with the ability to dissect company financial statements, market data, and investment documents to derive insights.
Strong written and verbal communication skills.
Capable of preparing clear, concise investment memorandums and presentations, and communicating findings and recommendations effectively.
Proven ability to plan, prioritize, and manage multiple tasks and workstreams in a fast-paced, deadline-driven environment.
Highly organized, with a track record of meeting deadlines and maintaining high-quality work under time pressure.

Responsibilities

Perform due diligence on co-investment and co-underwrite opportunities by reviewing materials, conducting financial modeling and sensitivity analyses, and assessing value drivers and risks.
Contribute to investment recommendation reports for investment decision making forums.
Support the day-to-day monitoring of the co-investment and co-underwrite portfolio, including facilitating update calls with GPs, analyzing company performance, and assessing investment theses.
Prepare and present regular portfolio monitoring reports for internal stakeholders.
Assess Private Equity funds by applying a disciplined investment process, performing fund-level and GP-level due diligence, and coordinating internal activities.
Act as a conduit between internal teams and the GP, and contribute to recommendation reports.
Help develop and cultivate relationships with new and existing GPs, representing AustralianSuper professionally.
Support day-to-day relationship management with GPs.
Actively participate in internal team meetings and investment discussions, contributing analysis and viewpoints.
Support the ongoing monitoring of the fund portfolio by reviewing and assessing fund performance, analyzing underlying portfolio companies' operating metrics, and evaluating changes at the GP or fund level.
Prepare and present quarterly fund monitoring reports with key performance updates, insights, and recommendations.
Review fund-related corporate actions or amendments, coordinate with internal legal/compliance teams, and formulate recommendations or responses.