Associate, Direct Equity – Hybrid – Irvine

Pathway Capital Management, LP; Irvine, Northern (CA, KY); Hybrid; USD 100,000 - 140,000; Full time

Benefits offered by this job

Flexible work format

Health insurance

Excellent 401(k) employer match

Generous vacation accrual

Discretionary bonus

Job summary

Pathway Capital Management, LP in Irvine, CA is seeking an Investment Associate to join its Direct Equity Investment Team. You will participate in all aspects of the direct equity platform, from deal sourcing and underwriting to post‑close monitoring and reporting, collaborating with partners, consultants, and clients.

The ideal candidate has 1–3 years in private equity, investment banking, valuation, or consulting, with strong modeling, written and verbal communication, and proficiency in

Qualifications

• 1–3 years of private equity, investment banking, valuation, or consulting experience.
• Undergraduate degree in Economics, Finance, Accounting, or Business Administration preferred.
• Extensive knowledge of private equity asset class, including equity and debt markets.
• Experience in investment underwriting, modeling, and valuation analysis preferred.
• Strong writing, presentation, and research skills.
• Ability to work efficiently, meet deadlines, and coordinate with teams.
• Expertise in MS Excel, PowerPoint, and Word is required.
• Proficiency with CapitalIQ is a plus.

Responsibilities

• Assist in initial pre-screening of new direct equity investment opportunities.
• Support the investment process by leading analyses and due diligence, including detailed financial modeling.
• Coordinate with general partners, third-party consultants, and clients to support due diligence and timelines.
• Prepare comprehensive investment memos and present recommendations to the investment committee and clients.
• Assist in post-close monitoring: monthly/quarterly reporting, operating performance, debt compliance, and outlook.
• Oversee investment analysts to ensure quality of work and timely due diligence.
• Assess and present performance/attribution analysis on investments and portfolio to investors.

Skills

Private Equity

Investment Banking

Valuation Modeling

MS Excel

PowerPoint

CapitalIQ

Education

Undergraduate degree in Economics, Finance, Accounting, or Business Administration

Tools

CapitalIQ

Job description

Investment Associate, Direct Equity - Irvine

Irvine, CA, US

30+ days ago Requisition ID: 1093

Salary Range: $100,000.00 To $140,000.00 Annually

Job Description

Pathway is seeking an Associate to join its growing Direct Equity Investment Team. Pathway’s direct equity platform provides equity co-investments in support of acquisitions, recapitalizations, refinancings, and growth equity transactions sponsored by leading private equity firms. The Associate will be closely involved in all aspects of Pathway’s direct equity platform. Primary responsibilities include:

• Assist in initial pre-screening of new direct equity investment opportunities
• Support the investment process by leading various analyses and due diligence processes for investment opportunities, including detailed financial modeling
• Coordinate with general partners, third-party consultants, and select clients to support due diligence and manage project timelines
• Prepare comprehensive investment memos and present recommendations to Pathway’s direct equity investment committee and select clients
• Assist in the post-close monitoring process, including intake of monthly/quarterly reporting packages, tracking operating performance and debt compliance, assessing performance and outlook, and reporting
• Oversee investment analysts to ensure the quality of work and due diligence timeliness
• Assess and present performance/attribution analysis on an individual investment and total portfolio basis to investors

Qualifications

• 1-3 years of private equity, investment banking, valuation, or consulting experience
• Undergraduate degree in Economics, Finance, Accounting, or Business Administration preferred
• Extensive knowledge of the private equity asset class, including equity and debt capital markets
• Significant experience in investment underwriting, modeling, and valuation analysis preferred
• Strong writing, presentation, and research skills
• Ability to work efficiently, meet deadlines, and coordinate effectively with teams
• Expertise in MS Excel, PowerPoint, and Word is required
• Proficiency with CapitalIQ is a plus

Pathway offers a highly competitive salary and excellent benefits package, which includes, among other things, the following:

• Flexible work format and collaborative yet autonomous culture.
• Health insurance coverage is provided with a minimal payroll contribution.
• Observation of ~10 bank holidays per year, generous vacation accrual, and one discretionary bonus per year.
• Excellent 401(k) employer match.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status. We are committed to maintaining a workplace free from harassment and discrimination.

We do not offer visa sponsorship at this time.