Associate, Investment Banking - Private Capital Advisory (LP-Led Secondaries)

Moelis & Company; New York (NY); On-site; USD 175,000 - 225,000; Full time

Job summary

Moelis & Company is seeking an Associate for their Private Capital Advisory team in New York, specializing in LP-led secondary market transactions. The role involves conducting due diligence and financial analysis while preparing marketing materials.

Ideal candidates will have a minimum of 3–5 years in financial services and a strong understanding of private equity. The compensation ranges from USD $175,000 to $225,000, making this a compelling opportunity for motivated individuals looking to grow within a leading firm.

Qualifications

• Minimum of 3–5 years post-college experience in financial services.
• Strong understanding of the private equity industry and LP-led transactions.
• Highly motivated with a strong desire to learn.

Responsibilities

• Perform portfolio, fund, and company-level due diligence and analysis.
• Prepare marketing materials for transactions.
• Conduct financial analyses including LP portfolio valuations.

Skills

Financial analysis and modeling

Analytical skills

Attention to detail

Communication skills

Problem-solving ability

Education

3–5 years of experience in financial services

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Overview

Moelis Private Capital Advisory (PCA) is a global business that provides strategic advisory and distribution to private fund sponsors and institutional investors. The Secondary Advisory team focuses on advising institutional investors on liquidity solutions across the private capital universe. This Associate role works on LP‑led secondary market transactions, including single‑fund and multi‑fund LP portfolio sales, structured and preferred equity solutions, deferred and staggered closing structures, NAV‑based financings, and other portfolio‑management solutions.

Responsibilities

• Perform portfolio‑, fund‑, and company‑level due diligence and valuation analysis for diverse LP portfolios.
• Prepare marketing materials (portfolio overviews, teasers, data books, etc.) and other transaction‑related documentation.
• Conduct financial analysis and modeling, including LP portfolio valuations, cash flow and NAV projections, pricing analyses, LBOs, and waterfall calculations.
• Assist in managing buy‑side investor outreach and due diligence (data room management, GP reference calls, investor Q&A).
• Contribute to responses to due diligence requests from potential secondary buyers and coordinate information flow between selling LPs and prospective purchasers.
• Communicate and collaborate regularly with Moelis’ industry and financial sponsor coverage team members.
• Maintain databases of secondary market transactions, LP portfolio pricing benchmarks, buy‑side investor profiles, and market data to support marketing materials and client advice.
• Conduct secondary market research on LP portfolio pricing, deal volumes, and liquidity trends across the alternatives industry.

Qualifications

• Minimum of 3–5 years post‑college experience in financial services.
• Strong academic record and understanding of the private equity industry and the secondaries market, especially LP‑led transactions and institutional portfolio management.
• Highly motivated with a strong desire to learn.
• Attention to detail and strong analytical and technical skills (extensive experience with Microsoft Excel, PowerPoint, and Word).
• Creative problem‑solving ability.
• Excellent communication skills.
• Organized with good judgment and time‑management skills.
• Ability to work independently and as part of a broader team.

Compensation

USD $175,000–$225,000.

Equal Opportunity Employer

Moelis & Company is an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancy and gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law. This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.