New career opportunity - Associate - Boston, US

THE PRIVATE EQUITY FIRM

The Private Equity firm was established in the early 2000s. They have a current fund of $750 Mn with an AUM size of over $2 Bn. Operating in major business hubs with offices in Boston, Austin, and San Francisco, the firm's team consists of around 20 professionals dedicated to their investment strategy.

The firm focuses on Technology, Business Services and Software, Healthcare, and advanced Industrial sectors, engaging primarily in control buyouts with options for non-control and growth equity investments. They target businesses that have an enterprise value of $50 Mn to $125 Mn and invest with cheque sizes between $15 Mn to $75 Mn.

The firm has collaborated with management teams in the lower middle market, aiming to help them scale their businesses beyond what they thought was possible. This is achieved through reinvesting in portfolio companies and taking calculated risks. Their process begins with setting an ambitious strategy, focusing on developing talent, building world-class systems and infrastructure, and implementing tried-and-true processes. The ultimate goal is the transformation of a company into a market leader that outperforms its competitors in the long term.

THE CULTURE

The firm has a flat hierarchy structure, an entrepreneurial and lean team, with a family-orientated and flexible work-life balance.

VISION

What does success look like in this role?

·        Develop and gain further deal experience

·        Support the firm with investments and aid in the deployment of capital from new funds

·        A good sense of quality control

·        The opportunity to lead board meetings when settled within the role

THE ROLE

The day-to-day role for this position will include the following tasks:

·        This will be a 2-year programme with the opportunity to stay in post

·        A focus on the Healthcare and Industrial sectors in the Boston office

·        Complete deals and support portfolio companies

·        Target businesses with enterprise values from $50 Mn to $125 Mn

·        Invest with cheque sizes between $15 Mn to $75 Mn

KEY SELLING POINTS OF THE ROLE

·        The firm has a strong track record

·        Flexible working schedule available

·        Take on a lot of responsibility

·        They have just raised a new fund so have a lot of dry powder to deploy

KEY CHALLENGES FOR THE ROLE

·        Getting up to speed quickly with the role and processes

YOUR BACKGROUND

The successful individual will be able to demonstrate experience in the following:

·        2 years minimum of Investment Banking or Management Consulting experience

·        Demonstrate a passion for Private Equity

·        Ties to Boston

·        Financial modelling

·        Healthcare and Industrial Technology background (desirable)

YOUR CHARACTERISTICS

The successful individual will display the following characteristics:

·        Analytical

·        Self-starter

·        Self-motivated

·        Willingness to take on a lot of responsibility

LOCATION

Boston, US

Cost of living: https://www.numbeo.com/cost-of-living/in/Boston

COMPENSATION PACKAGE

Salary Range: $145,000

Bonus: 45%

Carry:   No

Benefits: 401k and healthcare