Vice President - Private Capital Advisory - Secondaries
About The Position
Lazard is a global leader in raising capital, executing secondary transactions, and providing capital solutions for private investment funds. Lazard’s Private Capital Advisory (“PCA”) Group is a global team of more than 100 professionals with a dedicated Secondary Advisory practice alongside a primary fundraising business that advises on capital raising for private equity, private credit and real asset managers. Lazard PCA raises capital from institutional investors, including sovereign wealth funds, public pension funds, corporate pension plans, foundations and endowments, financial institutions, funds of funds, and asset managers. Our Secondary Advisory team is a global group of specialists focused on secondary transactions, advising predominantly on GP‑led processes, such as single‑ and multi‑asset continuation funds, strip sales, and tender offers. Lazard PCA has advised many of the world’s leading financial sponsors and has played a key role in developing several of the transaction structures that are now standard across the secondary market.
Requirements
- At least 5-7 years of investment banking, secondary advisory, investing or other relevant experience; prior experience with GP-led transactions is highly preferred
- Strong background in private equity transactions, fund advisory, or secondaries
- Demonstrated experience leading deal execution and managing junior team members
- Exceptional financial modeling, analytical and presentation skills
- Top academic performance with comfort operating in a fast-paced environment that values initiative, creativity, and maturity
- A proactive self-starter mentality with the ability to operate with minimal supervision while working collaboratively within a team
Responsibilities
- Lead the day-to-day execution of complex secondary transactions, including GP-led processes (Continuation Funds, Strip Sales, Tender Offers, etc.), ensuring seamless coordination between clients, legal counsel and external advisors
- Drive the preparation of pitch materials and strategic advice for prospective clients
- Spearhead the preparation of detailed marketing materials, including Confidential Information Memorandums (CIMs), investor presentations, teasers and various other investor communications
- Oversee the development of financial models, including secondary-specific models such as cash flow projections, fund-level waterfall models, returns analysis for prospective buyers and detailed valuation analysis
- Orchestrate the global investor outreach process, managing competitive tension among secondary funds, sovereign wealth funds, and pension funds to optimize pricing and terms for the client
- Manage technical due diligence workstreams, synthesizing complex investor requests for GP management teams and ensuring high-velocity execution across multiple live transactions
- Cultivate and maintain relationships with General Partners and institutional investors, serving as a primary point of contact and trusted advisor throughout the transaction lifecycle
- Communicate regularly with Lazard's institutional investor coverage professionals and across Lazard M&A and financial sponsor coverage teams
Benefits
- Comprehensive, competitive benefits
- Highly individualized employee experience that enables you to balance your commitments to career, family, and community
- Organization that cares about your unique talents and passions, and will continue to invest in the development of your career
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
