Private Equity Associate

Rubicon Founders; Nashville (TN); On-site; USD 110,000 - 170,000; Full time

Job summary

Rubicon Founders, a Nashville-based entrepreneurial healthcare investment firm, seeks a career-track Associate to join the investment team across the full lifecycle, from market mapping to exit. This role offers exposure to senior investment professionals, management teams, intermediaries, and portfolio leaders.

This career-track opportunity is part of Rubicon Founders’ annual Associate cohort; joining a class of peers building towards investment or operational leadership.

Qualifications

• 2-4 years of relevant experience at an investment bank or private equity firm.
• Deep knowledge of the US healthcare landscape.
• Experience executing and independently managing deals within middle-market private equity.
• Strong understanding of corporate finance, capital markets, accounting, and M&A finance fundamentals; modeling and valuation experience.
• Excellent communication and presentation skills in a fast-paced environment.

Responsibilities

• Evaluate new investment opportunities across healthcare services, including de novo company creation, buyouts, platform investments, growth investments, and add-ons.
• Develop research-driven investment theses by mapping healthcare sub-sectors, market structure, and reimbursement dynamics.
• Conduct investment analysis, including financial modeling, valuation, unit economics, market sizing, and competitive positioning.
• Synthesize information, identify key diligence questions, and assess fit with Rubicon's investment criteria.
• Support due diligence processes across market, commercial, financial, regulatory, and reimbursement workstreams.
• Create clear investment materials including committee memos, market maps, and diligence summaries.
• Contribute to sourcing and origination through outreach, banker coverage, and conference preparation.

Skills

Financial modeling

Valuation

M&A fundamentals

Communication skills

Presentation skills

Education

Bachelor’s degree in Finance, Business, Economics, or related field

Job description

Rubicon Founders is an entrepreneurial healthcare investment firm focused on building and growing transformational companies that measurably improve the way people receive care. Rubicon seeks to attract the most dynamic, intelligent, and high EQ leaders to create enduring value through our companies.

Role Description

This mission-driven individual supports the creation of transformative investments in healthcare services companies. The individual would be a core member of Rubicon’s investment team where they would be involved across the full lifecycle, from market mapping and thesis development to diligence, transaction execution, and portfolio company support, from conception to exit. The role offers significant exposure to senior investment professionals, management teams, intermediaries, and portfolio company leaders. Additional responsibility to conceptualize and build de novo businesses and seek investable opportunities with large companies and spinouts.

This career-track opportunity is part of Rubicon Founders’ annual Associate cohort; joining a class of peers building towards investment or operational leadership.

Responsibilities

• Evaluate new investment opportunities across healthcare services, including de novo company creation, controlled buyouts, platform investments, growth investments, and add-on acquisitions.
• Develop research-driven investment theses by mapping healthcare sub-sectors, assessing market structure and reimbursement dynamics, mapping competitive landscapes, and forming a view on where Rubicon can build differentiated value.
• Conduct investment analysis, including financial modeling, valuation, unit economics, cohort analysis, customer and revenue quality, market sizing, competitive positioning, and assessment of key business drivers.
• Synthesize incomplete or conflicting information, identify the most important diligence questions, pressure-test assumptions, and assess fit with Rubicon's investment criteria.
• Support due diligence processes, including market, commercial, financial, regulatory, and reimbursement workstreams, including internal analyses, third-party diligence coordination, data room review, diligence trackers, and summaries of key findings.
• Create clear and persuasive investment materials, including investment committee memos, market maps, company profiles, diligence summaries, and internal discussion materials.
• Contribute to sourcing and origination through thematic outreach, banker coverage, company research, conference preparation, and proactive identification of attractive investment opportunities.

Qualifications

• Bachelor’s degree in Finance, Business, Economics, or a related field.
• 2-4 years of relevant experience at an investment bank, or private equity firm, with deep knowledge of the US healthcare landscape.
• Experience executing and independently managing deals within middle-market Private Equity.
• Strong understanding of corporate finance, capital markets, accounting, and M&A finance fundamentals; experienced in financial modeling and valuation.
• Excellent communication and presentation skills; ability to work in fast-paced entrepreneurial environment.

Common characteristics of the people who comprise Rubicon Founders and our portfolio companies: Smart, detail-oriented, mission-driven, entrepreneurial and operates with urgency