Private Equity Associate

Ariel Alternatives; New York (NY); On-site; USD 115,000 - 155,000; Full time

Job summary

Ariel Alternatives is seeking a driven Pre-MBA Associate to support private equity investments from its New York City office. You will assist with platform deals, add-ons, value-creation strategies, and thesis development, collaborating with senior professionals in a fast-paced, entrepreneurial setting.

The role requires 2+ years in investment banking or private equity, a top-tier undergraduate record, and strong modeling and communication skills.

Qualifications

• 2+ years in investment banking or private equity.
• Bachelor’s degree with strong academic performance.
• Excellent communication and interpersonal abilities.
• Strong modeling, accounting, finance and quantitative analysis skills.
• Ability to distill complex data sets for investment decisions.
• Understanding of debt and equity capital structures.

Responsibilities

• Deal Screening: evaluate potential investment opportunities.
• Investment Analysis: rigorous due diligence and financial modeling.
• Transaction Execution: support due diligence with lenders and vendors.
• Portfolio Management: monitor and report on portfolio companies.
• Marketing & Communications: prepare materials for LPs and co-investors.
• Thesis Development: explore new investment thesis areas.
• Culture: contribute to a cooperative and inclusive team environment.

Skills

Communication

Interpersonal skills

Modeling & analysis

Accounting

Finance

Capital markets

Quantitative analysis

Excel

PowerPoint

Debt & equity structures

Team orientation

Independent work

Education

Bachelor's degree

Job description

Ariel Alternatives is a growth-oriented private equity firm focused on acquiring high-quality businesses within strong, growing markets – built on a four-decade-old foundation as the private equity arm of Ariel Investments. The fund is highly differentiated within the private equity landscape, with the majority of LPs consisting of Fortune 500 companies who are invested in the success of the portfolio. These partners bring deep industry knowledge that helps build conviction during diligence and often become major customers after deals close.

The fund is currently investing out of its inaugural $1.45 billion fund, which has significant remaining dry powder available to invest. The firm targets majority control investments in high-quality B2B services businesses with EBITDA of up to $50 million across sectors benefiting from strong secular tailwinds (e.g., energy / utilities, industrials, business services, technology services). The team is lean, with significant opportunity for new associates to scale quickly in a highly entrepreneurial environment, take ownership and make an impact.

For more information, please visit https://www.arielalternatives.com/.

Position Summary

We are seeking a highly motivated Pre-MBA Associate to support all aspects of the private equity investment process. Responsibilities include supporting the team with executing new platform deals and add-on acquisitions, structuring and implementing value creation strategies and developing new investment thesis areas.

The ideal candidate will demonstrate intellectual curiosity, strong analytical skills, a desire to work in a fast-paced, entrepreneurial environment and have 2+ years of investment banking or private equity experience. We are a growing team that offers significant opportunity for career progression, with each new hire playing a pivotal role in shaping our culture. The firm maintains an inclusive and collaborative environment with a strong commitment to mentorship.

This position is based in our New York City office.

Responsibilities

• Deal Screening: Support efforts to evaluate potential investment opportunities.
• Investment Analysis: Conduct rigorous business diligence, financial analyses, market research and strategic assessments to support informed investment decision-making.
• Transaction Execution: Collaborate with senior investment professionals to conduct thorough due diligence, encompassing financial, commercial, operational and legal assessments; help manage 3rd party diligence vendors and lenders; provide qualitative and quantitative support for investment committee memos.
• Portfolio Company Management: Help manage, monitor and report on portfolio companies, supporting add-on acquisitions, corporate finance activities, operational initiatives and quarterly reporting.
• Marketing and Communications: Contribute to developing marketing materials and communications for limited partners, co-investors, debt providers and other relevant stakeholders.
• Thesis Development: Assist with developing new investment thesis areas with additional impact from sourcing relevant opportunities.
• Culture: Make a positive impact by being a supportive team member and effective project manager, fostering a cooperative and inclusive work environment.

Qualifications

• Experience: High performer with 2+ years in investment banking or private equity
• Education: Bachelor’s degree demonstrating superior academic performance; all majors considered
• Skills:
• Excellent communication and interpersonal abilities
• Strong grounding in modeling, accounting, finance, capital markets and quantitative analysis
• Proficiency in analyzing, interpreting and distilling complex data sets and models to help drive investment decisions
• Solid understanding of debt and equity capital structures
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint
• Attributes:
• Highly motivated with a strong passion for investing
• Team-oriented yet capable of independent work
• Able to thrive in a fast-paced environment and manage multiple deadlines
• Organized, detail-oriented and adept at multitasking

Compensation

• The base salary range for this role is $135,000 - $135,000 + Bonus

Compliance

Ariel employees, including the incumbent(s) in this position, are required to: (1) read and strictly adhere to all compliance policies and procedures of the various Ariel entities, as applicable; and (2) work together with their colleagues, including the CCO, to resolve compliance issues.

Equal Opportunity Employer / Diversity

Ariel celebrates diversity and practices inclusion as a way to get work done – it’s in our DNA. As an equal opportunity employer, employment decisions are based on business needs, job requirements and individual qualifications without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, ancestry, marital status, parental status (including pregnancy), disability, perceived disability, veteran status, status of military discharge, or any other basis under federal, state, or local law. Ariel prohibits discrimination against an applicant or employee because of their actual or perceived protected characteristic(s), and is committed to recruiting, retaining, and developing a diverse group of talented applicants, and to providing employees with a workplace free from discrimination and/or harassment.

Equal employment opportunity takes place in all employment practices, including recruiting, hiring, promotion, demotion, compensation, and termination. The firm seeks to uphold an inclusive culture where diversity is recognized and valued. As such, Ariel provides employees a robust benefits package that includes:

• Coverage for same-sex partner (domestic or spouse)
• Coverage for children (natural born, step, adopted or foster)
• Fully paid medical insurance that covers fertility treatments, gender affirmation
• Employer contributions to a Health Savings Account
• Maternity leave at 100% pay (12 weeks)
• Paid Parental Leave (up to 12 weeks depending on tenure)

Lastly, all employees have access to Ariel-sponsored educational, training, and recreational activities.