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

Neuberger Berman•New York, NY

About The Position

Neuberger Private Markets is hiring an Associate to work across its Private Investment Portfolio and Direct Co-Investment infrastructure strategies. 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 a diversified portfolio of direct private infrastructure investments by evaluating and executing co-investments alongside leading infrastructure managers and financial sponsors. The role offers exposure to a growing 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. The position supports investment evaluation and execution, portfolio monitoring, fundraising, investor diligence, client requests, and special projects.

Requirements

Excellent academic credentials; undergraduate and 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 writing skills, with the ability to articulate and present ideas effectively orally and in writing.
Initiative and creativity in problem solving, including 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.
Must be authorized and have the right to work in the country where the role is located without 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 materials, 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.