Analyst- Private Equity Secondaries

Full Time
London, UK
1 week ago

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Opportunity Overview:

The Analyst will be an integral part of StepStone's Private Equity Secondaries investment team, which recently closed its fifth fund with $7.4 billion of total capital commitments. StepStone deploys billions of dollars per year in private equity secondary deals, including GP-led transactions, LP interests in private equity funds and structured secondary deals (e.g., team spin-outs, direct investments, fund recapitalizations and other special situations).

StepStone prides itself on the firm’s collegial atmosphere, encouraging team-building initiatives and a collaborative approach. The position will have exposure to all levels of the firm globally, from Partners to fellow Analysts, on a daily basis.

Position Overview:

Your main responsibility will be to contribute to all aspects of the secondary deal process, including:

  • Deal sourcing, screening and conducting due diligence on private equity secondary investments (both LP and GP-led transactions);
  • Interact with fund managers/portfolio company management teams to conduct in-depth portfolio and asset-level underwriting and analysis;
  • Perform quantitative and qualitative research and financial modelling/analysis on companies and assets across stages,  industries and geographies;
  • Preparation and presentation of due diligence materials and investment committee memos;
  • Construct an opinion around various investment opportunities and efficiently communicate both verbally and in written materials; with the ability to defend your position in a team environment, including investment committee meetings;
  • Support negotiation/coordination of deal closing/structuring process and post-close monitoring of existing investments; and
  • Occasionally travel for onsite due diligence and to sponsor’s annual meetings to monitor investments.

Requirements:

  • Stellar academic record (university and GPA);
  • 1-2 years of top-tier investment banking, consulting and/or private equity experience;
  • Excellent quantitative skills, including financial modelling, analytical and valuation skills for purpose of evaluating investment opportunities;
  • Strong sense of risk/reward trade-offs, and an ability to display sound investment judgement;
  • Self-starter, with strong ability to think creativity and conduct research to solve problems or find solutions;
  • Ability to communicate and present ideas effectively, both verbally and in writing;
  • Capable of multi-tasking with strong attention to detail;
  • Promote and demonstrate a positive, team-oriented attitude, with desire to work on various projects; and
  • Fluent (written and spoken) English; (additional language skills a plus).

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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