Associate, Investments

Gemspring Capital; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Rent stipend (Connecticut)

Job summary

Gemspring Capital seeks an experienced Associate to join our special situations/non-control investment team. This is an opportunity to work on the full deal process, from evaluating opportunities to portfolio company improvements.

Associates will lead financial modeling, market research, and investment memos, while coordinating with bankers, lawyers, and portfolio executives to drive execution. The role emphasizes hands-on learning in a collaborative, in-office setting.

Qualifications

• Bachelor’s Degree is required.
• 1 year of Private Equity Buyout and/or Special Situations/Non-Control Investing experience plus 2 years at bulge bracket or middle market investment bank or top-tier-management consulting.
• Advanced analytical capabilities, financial modeling proficiency, valuations, and deal execution understanding.
• Self-motivated, outside-the-box thinker with the ability to meet tight deadlines.
• Strong communicator with bankers, lawyers, c-suite portfolio teams, and other third parties.
• Proven track record of managing multiple deals in an organized, solutions-oriented manner.

Responsibilities

• Conduct detailed financial modeling and KPI analyses to inform underwriting of potential investments.
• Lead market research, competitive analysis and other qualitative workstreams.
• Prepare detailed investment memos and presentations for the investment committee.
• Manage internal, company and third-party stakeholders to ensure effective and efficient deal processes.
• Maintain close partnership with portfolio company management teams and internal operating partners to drive financial and operational improvements and execute add-on acquisitions.

Skills

Financial modeling

Valuations

Deal execution

Analytical thinking

Communication

Time management

Education

Bachelor’s Degree

Job description

Founded in 2015, Gemspring Capital is a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management. Gemspring provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2 billion in revenue and are in the business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors.

Since inception, every fund, across both the control and non-control strategies, has more than doubled in size relative to its predecessor, and all are currently tracking top quartile performance across key metrics including Net IRR, MOIC, and DPI. The team is currently investing out of Gemspring Capital Fund III, a $1.7 billion buyout fund, and Gemspring Growth Solutions Fund II, a $1.1 billion non-control fund. Gemspring’s 85+ dedicated professionals have completed over 150 acquisitions since inception, underscoring the firm’s disciplined sourcing, rigorous underwriting, and ability to execute value creation strategies across a diverse range of industries and transaction types.

Position Description

Gemspring is currently seeking an experienced Associate to join one of our team’s focused on our special situations/non-control investment strategy. This is an opportunity to join an entrepreneurial team of professionals with an impressive blend of financial and operational experience.

Associates will have direct responsibilities for all aspects of the private equity deal process, including, but not limited to, evaluating new deal opportunities, valuation modeling, completing business diligence, managing third party diligence providers, closing execution and mechanics, as well as closely interacting with portfolio company executive teams to drive operational improvements.

Core Responsibilities

• Conduct detailed financial modeling and company KPI analyses to inform underwriting of potential investments
• Lead market research, competitive analysis and other qualitative workstreams
• Prepare detailed investment memos and presentations for internal investment committee
• Manage internal, company and third-party stakeholders to ensure effective and efficient deal processes
• Maintain close partnership with portfolio company management teams and internal operating partners to drive financial and operational improvements and execute add-on acquisitions

Qualifications

• Bachelor’s Degree Required
• At least 1 year of Private Equity Buyout and/or Special Situations/Non-Control Investing experience in addition to 2 years at a bulge bracket or middle market investment bank or top tier-management consulting firm
• Advanced analytical capabilities, financial modeling proficiency, valuations, and deal execution understanding
• A highly motivated, outside of the box thinker, who understands how to deliver on short-term timeframes and is committed to meeting deadlines
• A thoughtful, open, and honest communicator with an ability to communicate effectively and succinctly, verbally and on paper, internally and externally with bankers, lawyers, c-suite portfolio teams, and other third parties
• A demonstrated track record of prioritizing and managing multiple deals and tasks in an organized, solutions-oriented manner

Compensation and Benefits

Gemspring offers a highly competitive salary that reflects the qualifications required for the role and a bull benefits package, including rent stipend for living in Connecticut.

In-Office (5 days/week)

Gemspring’s work model emphasizes in-office collaboration and apprenticeship style learning, fostering deep connections among our team members. We believe this approach accelerates learning and integration into the firm. Meaningful interactions that occur in person cannot be replicated in a remote setting, making this model essential for personal and professional growth.