Managing Director, Lower MM Private Equity

Selby Jennings; Austin (TX); On-site; USD 150,000 - 250,000; Full time

Job summary

A leading private equity firm in Austin is looking for a Senior Investment Professional at the Managing Director level. The individual will play a key role in originating and executing investments while mentoring junior professionals. Responsibilities include sourcing investment opportunities, overseeing diligence and negotiations, and collaborating with management teams. Strong experience in lower middle market investing, financial analysis, and leadership skills are required. The compensation includes a competitive salary and meaningful bonuses.

Qualifications

• Senior-level private equity professional with significant experience in lower middle market investing.
• Demonstrated success leading transactions from sourcing through exit.
• Established network within investment banking, executives, and intermediaries.

Responsibilities

• Lead sourcing and origination efforts for investment opportunities.
• Oversee diligence, negotiation, and execution of new platform investments.
• Collaborate with senior partners on fund strategy and portfolio construction.

Skills

Financial analysis

Deal structuring

Valuation

Leadership

Communication

Job description

Selby Jennings is partnered with a leading lower middle market private equity firm to identify a senior investment professional at the Managing Director level. The firm is a well-established investor with a long track record of partnering with management teams to drive operational value creation and long-term growth across its portfolio.

This individual will play a critical leadership role in originating, executing, and overseeing investments, while contributing to overall firm strategy and mentoring junior professionals.

Key Responsibilities

• Lead sourcing and origination efforts, leveraging proprietary networks to develop actionable investment opportunities in the business services, industrials, consumer, or healthcare services sectors.
• Serve as the primary deal lead on new platform investments and add-on acquisitions, overseeing diligence, negotiation, and execution
• Work closely with portfolio company management teams to drive strategic, operational, and financial initiatives
• Provide active oversight at the board level, including performance monitoring, value creation planning, and exits
• Collaborate with senior partners on fund strategy, portfolio construction, and capital deployment
• Support fundraising and LP relationship management, as appropriate
• Mentor and develop junior investment professionals, fostering a high-performance culture

Candidate Profile

• Senior-level private equity professional with significant experience in lower middle market investing
• Demonstrated success leading transactions from sourcing through exit
• Strong background in financial analysis, deal structuring, and valuation
• Experience partnering closely with management teams and adding value post-acquisition
• Established network within investment banking, executives, and intermediaries
• Entrepreneurial mindset with strong leadership, judgment, and communication skills

Compensation & Incentives

• Highly competitive base salary
• Meaningful annual bonus
• Attractive carried interest participation commensurate with seniority and contribution