Program Associate – Private Investment Portfolios and Co-Investment (“PIPCO”) Infrastructure

Neuberger Berman•New York, NY

10d•$150,000 - $170,000

About The Position

Neuberger is a private, independent, employee-owned investment manager founded in 1939. The firm manages $616 billion in client assets across a range of strategies and operates from offices in 26 countries. Neuberger Private Markets is a private equity and alternatives platform with more than $170 billion in investor commitments, and it continues to grow and invest actively. The Program Associate will work across Private Investment Portfolios and Co-Investment (PIPCO) Infrastructure. The Private Investment Portfolio strategy constructs diversified portfolios of private infrastructure and real asset funds spanning core, core-plus, value-added, and opportunistic strategies. The Direct Co-Investment strategy builds diversified portfolios of direct private infrastructure investments through evaluation and execution of co-investments alongside infrastructure managers and financial sponsors. The role offers the opportunity to work across a private markets platform in a fast-paced, entrepreneurial environment, with frequent interaction with senior team members. The group also manages other private equity-related fund strategies and products.

Requirements

Excellent academic credentials; undergraduate or graduate school candidates are welcome.
2–4 years of relevant experience in investment banking, management consulting, and/or private equity.
Strong technical foundations in corporate finance and accounting.
Strong quantitative abilities, including experience in financial modeling and valuation.
Strong judgment, critical thinking, and written communication skills, with the ability to articulate and present ideas effectively orally and in writing.
Initiative and creativity in problem solving, with demonstrated experience conducting research and interacting with others to develop solutions.
Ability to manage multiple workstreams with strong attention to detail.
Collaborative, team-oriented approach and desire to work on a wide range of projects.
Authorization and the right to work in the country where the role is located without the need for current or future sponsorship.

Responsibilities

Conduct due diligence on primary fund investments and co-investment opportunities, including industry and company research.
Perform in-depth valuation analysis of infrastructure companies, assets, portfolios, fund managers, and sponsors.
Assist with preparing due diligence materials, screening documents, and investment committee memoranda.
Attend meetings with partners of premier private equity firms.
Maintain the deal pipeline and perform ongoing monitoring analysis.
Support fundraising, investor diligence, and requests from existing clients.
Participate in special projects, including product development and asset allocation analyses.