Associate, Secondaries – Irvine

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

Benefits offered by this job

Flexible work format

Health insurance coverage

10 bank holidays per year

Excellent 401(k) employer match

Job summary

Pathway Capital Management, LP is seeking an Associate to join its secondaries investment team in Irvine, CA. The role involves screening opportunities, leading analyses, coordinating with partners and clients, and preparing memos for investment committees.

The Associate will also help with the closing process and mentoring analysts. The position emphasizes deep knowledge of private equity, rigorous financial modeling, and effective communication.

Qualifications

• 1–3 years of private equity, investment banking, valuation, or consulting experience.
• Extensive knowledge of the private equity asset class, including equity and debt capital markets.
• Significant experience in investment underwriting, modeling, and valuation analysis.
• Strong writing, presentation, and research skills.

Responsibilities

• Assist in initial pre-screening of new secondaries investment opportunities.
• Lead analyses and due diligence processes for investment opportunities, including detailed financial modeling.
• Coordinate with partners, bankers, consultants, and investment teams to support due diligence and timelines.
• Prepare investment memos and present recommendations to the secondaries investment committee and clients.
• Assist in the closing process, including schedules in agreements and coordinating wire transfers.
• Oversee and mentor investment analysts to ensure quality and timeliness of due diligence.
• Assist marketing and distribution teams with fundraising materials and data updates.

Skills

Strong writing skills

Presentation skills

Research skills

Financial modeling

Education

Undergraduate degree in Economics Finance Accounting or Business Administration

Tools

MS Excel

PowerPoint

Word

Job description

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

ASSOCIATE – SECONDARIES

Job Description

Pathway is seeking an Associateto join its growing secondaries investment team. Pathway’s secondaries platform invests in LP-led and GP-led secondaries transactions and manages liquidity via the secondaries market for our clients and investors. The Associate will be closely involved in all aspects of Pathway’s secondaries platform. Primary responsibilities include:

• Assist in initial pre-screening of new secondaries 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, secondary bankers, third-party consultants, Pathway primary investment teams, and select clients to support due diligence and manage project timelines
• Prepare comprehensive investment memos and present recommendations to Pathway’s secondaries investment committee and select clients
• Assist in the secondaries closing process, including preparing and reviewing schedules in purchase and sale agreements, coordinating with Pathway’s investment closing team to prepare for wire transfers, and working with Pathway’s legal and monitoring teams to coordinate closing and ongoing monitoring activities in Pathway’s proprietary databases
• Oversee, train, and mentor investment analysts to ensure the quality of work and due diligence timeliness
• Assist Pathway’s marketing and distribution team with secondaries-related fundraising materials, including PowerPoint slides, performance and deal-specific data, and update handouts

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

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 and generous vacation accrual.
• 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 sponsorships at this time.