Principal, Infrastructure Secondaries

Ares Management Corporation•New York, NY

22d•$235,000 - $250,000•Onsite

About The Position

Ares Secondaries Group is one of the most experienced investors in acquiring secondary private fund ownership stakes in the alternative asset management industry. The Group provides bespoke and customized liquidity solutions across the private equity, credit, real estate, and infrastructure asset classes. With over 30 years of experience in the market, Ares Secondaries Group focuses on generating attractive risk adjusted returns through its leading industry analytics and research, robust deal origination, underwriting and portfolio management activities. The Infrastructure Secondaries Team at Ares has experienced significant growth over the last few years, raising over $5 billion in its most recent fundraise. The team is now looking to expand to support future growth. The established strategy is a natural extension of Ares’ leading Infrastructure and Secondaries platforms, which respectively have approximately $7 billion and $38 billion in assets under management. We are seeking a motivated professional to join our Infrastructure Secondaries team as Principal in our New York office. Principals are primarily engaged in transaction management and leadership, business development, investment decision making and portfolio management.

Requirements

Bachelor’s degree or international equivalent required.
Superior academic achievement at a top tier undergraduate program in Finance, Accounting, or a related field.
7+ years of relevant work experience; Infrastructure or Secondary investment experience is required.
Sophisticated modeling and analytical capabilities.
Ability to reduce complex problems and models into key drivers.
Ability to combine disparate datasets and assumptions.
Detail oriented with the ability to manage multiple projects.
Ability to work effectively in a dynamic team environment, and with senior and junior professionals.
Strong verbal and written communication skills, and a professional, polished demeanor.
Evidence of intellectual curiosity, creative problem-solving skills, and adaptability.
Self-motivated with an entrepreneurial spirit and the ability to handle and thrive with increased independence and managerial responsibilities.

Responsibilities

Assisting in the fundamental due diligence and analytical effort during the investment process.
Leading transaction teams throughout the entire transaction process, including managing and reviewing the work of junior team members.
Developing and demonstrating an ability to consistently represent the firm in the global investment community including representing the firm outside of the office at marketing meetings, diligence sessions, investor meetings, conferences, and other events.
Develop a network of contacts in the infrastructure secondaries industry through deal negotiations, due diligence activities and attendance at industry conferences and other networking events.
Due diligence activities, including: Qualitative and quantitative asset level credit analysis including data synthesis and trend summaries
Analyzing and overlaying macro level trends to diligence diversified infrastructure portfolios
Organizing all due diligence materials and developing the investment thesis
Guiding and reviewing junior team members’ due diligence activities
Leading diligence sessions with third parties including brokers, LPs, and GP managers
Overseeing the development of internal investment committee materials
Communicating investment recommendations and supporting facts to the investment team and/or investment committee.
Managing the closing process, including the preparation and confirmation of legal documentation and other related materials.
Assisting in portfolio analytics and fund performance monitoring.