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Associate, Co-Investments

2 months ago


new york city, United States Capital Dynamics Full time

Role Title: Associate, Co-Investments - (Direct Private Equity)

Location: New York

Start date: October 2024


About Capital Dynamics:


Capital Dynamics is an independent global asset management firm focusing on private assets, including clean energy and private equity (primaries, secondaries, and co-investments).

Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees over USD 14 billion in assets under management and advisement and employs approximately 150 professionals globally across 13 offices in Europe, North America, and Asia.


Department Overview:


Private Equity – Co-Investments


Global co-investment typically makes investments in mid-market companies alongside established lead investors and specialist sponsors with a history of strong performance, relevant sector expertise, consistent strategy and execution, and whose teams have shown that they can invest successfully through different economic cycles. The co-investment team invests in companies in North America, Europe, and the rest of the world, particularly developed Asia.


Role Purpose:


Capital Dynamics seeks an Investment Associate to join our Private Equity, Co-Investments team in the New York office.


The Associate will support the team in performing analysis, due diligence, and monitoring of direct investments, as well as periodic valuation, reporting, and other functional areas as needed.


This position offers an excellent opportunity for a junior investment professional with proven financial, analytical, and communication skills and experience in the alternative investment sector.


Key tasks and responsibilities:

  • Participate in direct investment selection, fund portfolio management, and reporting.
  • Undertake due diligence on prospective investments including financial statement analysis, sensitivity testing, development of various investment cases, market assessments, reference calls, meeting lead sponsors and management, and preparation of co-investment memoranda for investment committee review and consideration.
  • Work in conjunction with the primaries team to develop relationships with financial sponsors to help source investment opportunities.
  • Review transaction documentation: prepare closing certificates, valuation analyses, and the periodic reports (commentary and numerical data) used to communicate with fund investors.
  • Support fundraising efforts including preparation of marketing documents and communication with investors.
  • Attend general partner annual meetings to establish an external presence.
  • Complete one-off projects as they may arise from time to time.


Key competencies:

  • Highly analytical and quantitative competencies are required. Financial analysis, modeling, and valuation experience is a plus.
  • An understanding of the legal framework and documentation typical of a direct investment.
  • Exceptional attention to detail with the ability to produce high-quality work.
  • Project management and presentation skills combined with multi-tasking abilities.
  • Self-starter with the ability to complete tasks quickly and efficiently, having regard to changing priorities, differing time zones, and geographies.
  • Strong sensitivity to confidentiality, reliable and trustworthy, team player.


Skills and Qualifications:

  • A bachelor’s degree from a top-tier institution with a strong GPA.
  • A minimum of 2 to 4 years relevant experience in private equity (direct and/or co-investments), investment banking firm.
  • Must have proven experience in mergers and acquisitions (M&A) due diligence process.
  • Excellent financial modeling skills - LBO, DCF, etc.
  • Highly developed quantitative skills, and writing skills (financial analysis, modeling, valuation, and reporting).
  • Sound investment judgment with a keen awareness of risk, return, and exposure management.
  • ideally experienced in assessing investment in one or more of the following industries - healthcare, technology, industrials, consumer discretionary / consumer staples, business services, communication services, etc.


Language skills:

  • Must be fluent in English and display superior verbal and written communication skills.
  • Additional language skills – Italian, German, French, Spanish, Japanese, South Korean, etc. is desirable.


Remuneration:

  • This role will offer a base salary in the region of USD 130,000 to 135,000 per annum (with flexibility), plus bonuses and benefits.
  • The base salary offered will depend on the level of experience the candidate can bring to the role.


Further notice:

  • This is an office-based role, working out of our NY office (Madison Avenue) location a minimum of 3 days per week.
  • Candidate must be able to travel to our New York office for in-person interviews.
  • Please note, that we are not able to offer relocation support or travel allowance to attend interviews in person.
  • To be eligible for this role, candidates must have full ‘right to work’ in the United States without employment sponsorship.


Diversity & Inclusion:

Capital Dynamics is an Equal Opportunity Employer and is committed to creating a globally diverse workforce. We are a global company with 24 nationalities represented across our staff in 13 offices, spanning North America, Europe, the Middle East, and Asia. We believe diversity and inclusion (“D&I”) are key to being better at what we do and our initiatives are designed to attract, develop, and advance talented individuals, regardless of race, sexual orientation, religion, age, gender, disability status or any other dimension of diversity. We welcome and strongly encourage suitably qualified applicants from a wide range of backgrounds to apply to join Capital Dynamics.