Analyst/Associate - Private Equity Secondaries

Neuberger Berman; London; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading investment firm in London is searching for an Associate/Analyst to join their NB Secondaries Team. This role involves conducting due diligence, financial analysis, and engaging with various stakeholders in the private equity space. Candidates should possess strong quantitative skills and have prior experience in private equity or investment banking. This position offers a great opportunity to work in a dynamic and entrepreneurial environment.

Qualifications

• 2 years of experience within private equity or investment banking.
• Exceptional quantitative skills.
• Strong knowledge of valuation techniques and LBO modelling.

Responsibilities

• Conduct due diligence on secondary private equity investments.
• Perform financial analysis on companies and assets.
• Build detailed financial models for investment opportunities.
• Interact with external stakeholders for enhanced insights.
• Assist with preparation of due diligence materials.
• Monitor existing investments and report to the firm.

Skills

Quantitative analysis

Problem-solving

Communication skills

Research

Education

Bachelor's degree

Graduate degree

Job description

Overview

Managing private equity funds is an important component of Neuberger Berman’s business strategy. NB Private Equity has been an active and successful private equity investor since 1987. NB Private Equity manages over $135 billion of investor commitments across primary fund investments, secondary investments, direct equity co-investments, private debt and various specialty strategies since inception through December 30, 2024.

Position Overview:

As the successful candidate, you will be part of the NB Secondaries Team based in London and will focus on a wide range of secondary private equity opportunities, including both complex GP-led transaction, traditional LP interest acquisitions, as well as other direct investments arising from unique situations. The position provides an opportunity to work in a leading private equity platform in a fast-paced entrepreneurial environment with constant interaction with the most senior members of the team.

The NB Secondaries Team has a global presence and a broad investment mandate investing across all sectors in both GP-led and LP transactions:

• GP-led Secondaries – Initiated by the manager of the asset(s) to continue value creation of high-performing existing investments via a continuation funds while providing a liquidity option to its investors
• LP-led Secondaries – Invests in private equity funds by providing liquidity to investors who intend to sell their limited partner interests in private equity funds

As part of a deal team, the Associate/Analyst will gain a broad experience and contribute to every aspect of our investment cycle. Key responsibilities include:

• Screening and conducting due diligence on secondary private equity investment opportunities
• Performing in-depth research and financial analysis on companies and assets from various stages, sectors, and geographies
• Building detailed financial model of investment opportunities, including operational and valuation sensitivities
• Interacting with external parties, such as industry experts and investment bankers, as well as with other areas of the firm internally, to enhance due diligence insights and identify new opportunities
• Assisting with the preparation of due diligence materials, screening and investment committee memomoranda
• Monitoring and reporting on firm’s existing investments through regular interaction with fund managers, attending annual meetings of private equity firms, reviewing quarterly financials, and performing portfolio analysis
• Supporting the private equity marketing team with investor relations and communication

Required qualifications include:

We are seeking a driven individual with an excellent academic background, and previous relevant internship / work experience.

• C. 2 years of experience within private equity or top tier investment banking
• Ranking near the top of your class with exceptional quantitative skills
• Excellent academic credentials (both undergraduate / graduate school and GPA)
• Strong quantitative and analytical abilities, with solid knowledge of valuation techniques, corporate finance topics, and LBO modelling

Who you are:

• Excellent written and verbal English communication skills - must have strong judgement, critical thinking and the ability to articulate and present ideas effectively both orally and in written form
• Show initiative and creativity in approach to problem solving; demonstrated experience in conducting research and interacting with others to develop solutions
• Fluency in other European languages a plus
• Ability to multi-task with a fine-tuned attention to detail
• Must have team-player attitude and a desire to work on a wide range of projects

We believe this represents an excellent opportunity for an enthusiastic, hard-working professional to initiate her/his career and build up experience in a demanding and rewarding environment.

Job Location:

• London, UK
• Availability to travel, as appropriate

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact [e-mail].

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