Associate - Private Capital

Mckinsey & Company Italy; Lombardia; On-site; EUR 90,000 - 140,000; Full time

Job summary

McKinsey & Company Italy in Milan seeks a seasoned Associate to support private investor clients and portfolio companies through deal diligence, value creation, and exits. You will work in small teams and leverage structured problem solving to deliver insights.

Ideal candidates bring 5+ years IB/VC/PE experience, a Master’s degree, and fluency in Italian and English; strong collaboration skills and an investor mindset are essential.

Qualifications

• Master’s degree required and 5+ years of work experience after graduation.
• Previous experience in IB/VC/PE environment with exposure to transactions is a plus.
• Investor mindset and interest in private equity, real estate and/or venture capital.
• Ability to work collaboratively in a team and drive independent workstreams.
• Fluency in Italian and English is mandatory.

Responsibilities

• Work in teams of consultants to support private investor clients and their portfolio companies through the deal lifecycle.
• Assess market attractiveness and provide targeted information and financial analysis for potential acquisitions.
• Prepare and deliver high-impact verbal and written recommendations using qualitative and quantitative methods.

Skills

Investor mindset

Team collaboration

Fluency in Italian & English

Education

Master’s degree

Job description

Who You Will Work With

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward. In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you’ll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else. When you join us, you will have:

• Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
• A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
• Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
• World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well‑being for you and your family.

What You Will Do

You will be based in our Milan office as part of our Private Capital practice. Our practice is the world’s leading advisor to the PE industry and a high growth area for the firm, working with many of the most significant global and local private investors and their portfolio companies. You will work in teams and directly with our clients. You will also work with the wider McKinsey network including a range of experts in the firm, from industry and functional experts to data scientists to researchers to software and app designers. You will work in teams of typically 3-5 consultants to support private investor clients and their portfolio companies throughout the deal lifecycle including diligence, value creation topics and exit support. In this role, you will have the opportunity to assess and identify market attractiveness, provide targeted information and specialized financial analysis on potential acquisitions as well as prepare and deliver high-impact verbal and written communication of your synthesized findings. You will also work directly with portfolio companies on their value creation agenda, spanning a diverse set of topics as well as being a subject matter expert on topics related to our service to investors. You will be recognized as a valuable resource of experience, information and expertise both inside the firm and by our clients. When you join McKinsey, you are joining a firm whose culture is distinctive and inclusive. We will accelerate your development as a leader to create positive, enduring change in the world. You will receive training on how to better structure ambiguous problems and take action to solve them, synthesize clear takeaways from complex information into clear takeaways and recommendations using both qualitative and quantitative methods and work effectively with diverse teams to come up with the best solution and move people and organizations to act. You will establish trust-based relationships with clients to better-serve their organizations, communicate effectively with all audiences including senior leaders and develop your leadership style, leveraging your own passions, strengths and personal values. McKinsey believes in strengths-based development and coaching, and you’ll receive frequent mentoring from colleagues. This will include a senior colleague from your office or practice who will help you grow and achieve your career goals. Additionally, you will have a professional development manager who will manage staffing to help you choose projects based on your priorities as well as the needs of client service teams. During your first few years with the firm, you will serve as an associate on multiple client engagements and work with several colleagues and clients in a range of private investor settings across different industry and functional areas and develop significant business experience as well as an investor mindset. This role differs from McKinsey’s generalist associate role in its focus. Your role will focus entirely on serving investor clients and their portfolio companies (though because our clients invest across sectors and types of companies, the role still offers exposure to a wide variety of sectors and functional levers).

Your Background

• Master’s degree
• 5+ years of work experience after completing your degree
• Previous experience in IB/VC/PE environment with exposure to transactions and/or working in a PE or VC backed company is a plus
• Investor mindset and experience or strong interest in private equity, real estate and/or venture capital
• Ability to work collaboratively in a team and create an inclusive environment with people at all levels of an organization
• Capability to drive an independent workstream in the context of a broader team project
• Comfort with ambiguous, ever-changing situations
• Ability to break down and solve problems through quantitative thinking and analysis
• Fluency in Italian and English is mandatory