Investment Banking Analyst - Secondaries Advisory

Dartmouth Partners; New York (NY); On-site; USD 110,000 - 175,000; Full time

Job summary

Dartmouth Partners is expanding its GP-led Secondaries Advisory team in New York and West Palm Beach, inviting Analysts and Associates to join a lean, entrepreneurial platform. The role offers meaningful execution responsibility and direct exposure to senior bankers and clients.

Successful candidates will have backgrounds in M&A, GP-led secondary advisory, private equity, or related analytical roles, with strong financial modeling and accounting capabilities.”

Qualifications

• Experience in M&A or GP-led secondary advisory.
• Background in private equity or direct secondaries.
• Strong financial modeling and valuation skills.
• Experience with accounting advisory or transaction services is a plus.
• Analytical mindset with ability to work on complex deals.

Responsibilities

• Support origination and execution of GP-led secondary transactions.
• Build and review operating models, valuation analyses, LBO models, transaction structures, and investor return analyses.
• Prepare client presentations, marketing materials, transaction documentation, and investor-facing materials.
• Coordinate due diligence and work closely with sponsors, portfolio company management teams, investors, legal counsel, and other advisers.
• Take increasing ownership of deal processes, anticipate next steps, and help drive execution across lean deal teams.
• At the Associate level, participate directly in client calls and independently manage key workstreams.

Skills

M&A background

GP-led secondaries

Private equity

Financial modeling

Accounting advisory

Valuation

Analytical mindset

Tools

Excel

LBO modeling tool

Job description

Salary: $110,000 - $175,000 base plus discretionary bonus (depending on level, experience and location)

We are partnering with a leading global investment bank who is expanding its GP-Led Secondaries Advisory team and seeking Analysts and Associates to join its growing platform in New York and West Palm Beach.

The team advises PE sponsors on complex liquidity and capital solutions, with a particular focus on single-asset and multi-asset continuation vehicles. The group combines deep financial sponsor relationships, extensive M&A capabilities, and dedicated secondaries expertise to provide clients with a differentiated, IB-led approach.

This is a compelling opportunity to join a lean, entrepreneurial team experiencing significant growth in deal flow. Junior professionals receive meaningful execution responsibility, direct exposure to senior bankers and clients, and the opportunity to work across the full lifecycle of sophisticated GP-led transactions.

Key Responsibilities

• Support the origination and execution of GP-led secondary transactions, including single-asset and multi-asset continuation vehicles
• Build and review operating models, valuation analyses, LBO models, transaction structures, and investor return analyses
• Prepare client presentations, marketing materials, transaction documentation, and investor-facing materials
• Coordinate due diligence and work closely with sponsors, portfolio company management teams, investors, legal counsel, and other advisers
• Take increasing ownership of deal processes, anticipate next steps, and help drive execution across lean deal teams
• At the Associate level, participate directly in client calls and independently manage key workstreams

Ideal Candidate Profile

The team is open to candidates from a range of relevant backgrounds, including:

• M&A or generalist investment banking
• GP-led secondaries advisory or investing
• Private equity or direct secondaries
• Transaction services, financial due diligence, or accounting advisory, particularly for junior Analyst candidates
• Other highly analytical roles involving strong financial modeling, accounting, and transaction experience

Direct secondaries experience is not required. Candidates coming from traditional M&A backgrounds are particularly attractive given the transaction-oriented nature of GP-led continuation vehicle assignments.

Successful candidates will be:

• Entrepreneurial, proactive, and comfortable operating with limited oversight
• Able to anticipate process needs and independently move workstreams forward
• Technically strong, with a solid understanding of accounting, valuation, and financial modeling
• Polished and credible in front of clients, investors, and senior professionals
• Collaborative, socially aware, and interested in joining a close-knit team
• Motivated by significant responsibility and a steep learning curve

Why Join?

• Strong market positioning: Join a platform that combines a leading middle-market M&A franchise with extensive private equity sponsor relationships and dedicated secondaries expertise.
• Significant deal activity: The team has a robust mandated pipeline, with deal flow increasing meaningfully as the market for GP-led solutions continues to expand.
• Meaningful transaction experience: Analysts have historically closed approximately two to four transactions annually, with the potential for greater execution exposure as activity increases.
• Lean deal teams: Junior professionals receive substantive responsibility rather than operating solely in a support capacity.
• Direct senior and client exposure: Associates are expected to develop into trusted client-facing professionals capable of leading discussions and managing key aspects of a process.
• Entrepreneurial culture: The team values self-starters who can operate independently, exercise sound judgment, and contribute to the continued growth of the platform.
• Flexible location strategy: The West Palm Beach office is being built as a fully staffed execution hub, not a satellite office - with direct access to senior leadership and professionals across adjacent capital solutions businesses. New York will remain a major center of senior leadership and execution.
• Relocation flexibility: For the right candidate, the team may provide flexibility around the timing of a move to South Florida.

Level and Location

The team is considering candidates for:

• Analyst opportunities in West Palm Beach and New York, including candidates willing to reset their title to join the platform.