Associate, Secondaries, Venture Growth Evergreen

Wellington Management•Boston, NY

1d•Hybrid

About The Position

Wellington Management is seeking a highly motivated and results-driven Associate to join its Venture Growth Evergreen (VGE) team in New York. The VGE team is a new strategy focused on investing in a diversified portfolio of growth and venture stage businesses within a perpetual vehicle targeting the wealth management channel. This role will be involved in all aspects of the investment sourcing, underwriting, and execution process, with a core focus on deal-level modeling and underwriting for growth/venture secondary transactions, including LP transactions, GP-leds, and secondary directs. The ideal candidate will be capable of executing in a fast-paced environment, prioritizing key focus areas, and demonstrating a passion for private markets and diverse industries.

Requirements

Strong financial modeling skills.
Demonstrated analytical capabilities.
Ability to synthesize disparate information during the diligence process, identify the most important elements, and translate findings into clear and concise materials.
Enjoy working in a fast-paced environment.
Ability to move seamlessly across workstreams, managing multiple deals and diligence streams simultaneously.
Excellent communication skills (verbal and written).
Ability to clearly communicate when interacting with management teams, collaborating with internal and external partners, and drafting investment memos and other documents.
Superior collaboration and influencing skills.
Self-directed, hard-working team player.
Contributes to the investment efforts of VGE and the broader Private Investing platform.
Enjoys contributing to a highly collaborative investment environment.
Builds strong trusting relationships internally across teams.
Deep interest in secondaries investing.
Intellectual curiosity across industries and investment types.
Interest in wealth-oriented products and more complex investment vehicles like evergreen funds.
3-5+ years of relevant experience in secondary investing, with a preference for experience across LP, GP and secondary direct transactions.
Demonstrable ability to work both independently and to collaborate with experienced, cross-functional deal teams.
Confidence to build financial models from scratch and identify the correct drivers.
Strong work ethic, attention to detail and problem-solving skills.
Strong interpersonal skills and experience in a team-based, results-oriented environment.
Independence of thought, high degree of intellectual curiosity, and an entrepreneurial nature.

Nice To Haves

Experience across LP, GP and secondary direct transactions.
Track record of investing in growth & venture secondaries.
CFA charter holder or progress towards CFA.

Responsibilities

Involved in all aspects of the investment sourcing, underwriting, and execution process.
Core focus on deal-level modeling and underwriting for a broad set of investments across growth/venture secondary transactions.
Executing in a fast-paced environment.
Prioritizing key focus areas in a dynamic investment process.
Leveraging insight and experience during the investment process.
Working closely with others across the Private Investments team and the broader Wellington investment platform.

Benefits

Retirement plan
Health and wellbeing
Dental coverage
Vision coverage
Pharmacy coverage
Health savings account
Flexible spending accounts
Commuter program
Employee assistance program
Life insurance
Disability insurance
Adoption assistance
Back-up childcare
Tuition reimbursement
CFA reimbursement
Paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)