Principal (or Senior Vice President), GP-Led Secondaries

Position Information

Hiring Manager:

Managing Director

Department:

GP-Led Secondaries

Golub Capital is launching a private equity secondaries investing business focused on GP-led secondaries (e.g., continuation vehicles), targeting middle-market companies owned by sponsors Golub Capital has strong relationships with. The Firm has a track record of growing and expanding its capabilities as our sponsor clients seek to do more business with us, both in direct lending and other capital solutions. In recent years, our best sponsor relationships have demonstrated meaningful demand for continuation vehicles and other secondary solutions and would welcome Golub Capital as a solutions provider for these transactions. The Firm has historically specialized in 5 verticals: (1) Consumer, Restaurant and Retail, (2) Diversified Industries, (3) Financial Services, (4) Healthcare and (5) Software & Technology Services and will aim to pursue transactions that best align within these areas of expertise.

The GP-Led Secondaries Team is a newly formed investment team within the Firm aimed primarily at (1) single-asset and concentrated multi-asset continuation vehicles and (2) transactions led by GPs seeking to return capital to investors and extend their hold period for high quality assets. The team will initially commit $1 billion of management company and existing funds capital with a goal of launching a new dedicated fund targeting $1+ billion of investor commitments in the near term and building a multi-billion-dollar business soon thereafter.

Position Responsibilities

The candidate will play a foundational role in supporting the launch and growth of Golub Capital's GP-Led Secondaries business. This individual will initially work closely with the Head of GP-Led Secondaries, leading underwriting and deal execution. This is a unique opportunity to be at the forefront of a high-growth initiative, supported by the Firm's deep sponsor relationships, investor capital and a proven underwriting process.

Primary duties and responsibilities include, but are not limited to:

• Responsible for all aspects of deal evaluation, structuring, due diligence and legal documentation for PE secondaries
• Conducting thorough due diligence including financial analysis, market research and risk assessment
• Preparing and presenting Investment Committee memorandums to the Investment Committee
• Ongoing monitoring and maintenance of the team's investments and preparing regular portfolio reviews
• Negotiating and structuring secondary transactions, ensuring favorable terms for the Firm
• Monitoring and managing existing secondary investments, providing regular updates to senior management
• Staying abreast of market trends and developments in the secondary market
• Assisting with designing, launching, marketing and fundraising for the initial fund product
• Supporting the Investor Partners Group ("IPG") in capital raising for additional related funds
• Other duties as assigned

Candidate Requirements

Qualifications & Experience:

• Bachelor's degree required, preferably with a major in Finance, Accounting, Economics or related financial subject area with an outstanding record of academic achievement
• At least 8 years of equity secondaries and / or private equity experience with 12+ years of experience in financial services
• High sense of urgency and analytical rigor
• Ability to effectively communicate with internal teams and external clients
• Capacity to manage multiple processes simultaneously
• Ability to work to meet tight deadlines, using own initiative and without close supervision; strong work ethic
• Ability to manage changing demands in fast-paced environment
• Detail-oriented and comfortable with writing and presenting detailed memos / analytics to Investment Committee
• Enthusiastic about working in office and creating a Gold Standard hybrid work culture

Critical Competencies for Success

Our Gold Standards Model defines key behaviors and competencies across 4 dimensions: Leadership, Achieving Results, Personal Effectiveness and Thinking Critically. These behaviors and competencies drive our ability to win together.

• Leadership: Role models in this area consistently focus on the right goals and priorities and continually develop themselves and others. Always team players, they influence and engage with others to contribute to a supportive and inclusive culture where all feel welcome.
• Achieving Results: Role models in this area are high achievers who develop careful plans and deliver consistently and effectively. They hold themselves and others accountable for delivering high quality results, and they remove barriers to ensure others can contribute and grow.
• Personal Effectiveness: Role models in this area build strong relationships, treat others with respect and communicate effectively. They are driven to exceed expectations and are adaptable to changing circumstances.
• Thinking Critically: Role models in this area understand our business, rely on analytical reasoning and seek diverse perspectives to solve problems. They are forward thinking, anticipating issues and addressing them in advance.

Compensation and Benefits

For New York Only: It is expected that the base salary range for this position will be $330,000 to $350,000 for a Principal and $300,000 to $325,000 for a Senior Vice President. Actual salaries may vary based on factors such as skills, experiences and qualifications for the role. The total compensation package for this position may also include other elements and discretionary awards in addition to a full range of medical, financial and / or other benefits (including 401(k) eligibility and various paid time off benefits such as vacation, sick time and parental leave) dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, the employee will be in an 'at-will position' and the Firm reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time including for reasons related to individual performance, Firm or individual department / team performance and market factors.

Golub Capital is an Equal Opportunity Employer.

Due to the highly regulated nature of Golub Capital's business and because of the sensitivity of the information that all personnel have access to, Golub Capital performs extensive and thorough pre-hire screens to ensure that its personnel act with expected levels of integrity, professionalism and personal responsibility.

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US Job Applicant privacy notice

and, for California residents, the

California Applicant privacy notice

for information on how your personal data is collected, processed and stored.