Private Equity Vice President

Third Space Partners; New York (NY); On-site; USD 175,000 - 200,000; Full time

Job summary

Third Space Partners seeks a Vice President in New York to join the deal team and work across the investment lifecycle, from thesis formulation to value-creation strategies, collaborating with senior leadership, portfolio executives, and limited partners. This hands-on role emphasizes strategic judgment, technical rigor, and a growth-oriented mindset.

The position offers broad exposure beyond traditional deal execution, including post-investment improvement and fundraising support.

Qualifications

• Bachelor's degree from a four-year undergraduate program.
• 6+ years of relevant experience in investment banking, private equity, or a comparable investing role, including at least 3 years of direct private equity investing experience
• Advanced financial modeling skills, including building and reviewing operating and LBO models, with strong proficiency in Excel and PowerPoint
• Demonstrated track record of leading transactions from origination through closing, including experience in complex investment situations and a deep understanding of capital structure
• Experience managing and mentoring junior investment professionals and working directly with portfolio company management teams and boards
• Strong interest in or exposure to live events, sports, entertainment, or the broader experience economy is required

Responsibilities

• Lead investment theses development with founders and intermediaries.
• Oversee diligence across commercial, financial, operational analyses.
• Prepare investment materials for committee and stakeholders.
• Support portfolio companies through ongoing improvement workstreams.
• Drive proactive sourcing and pipeline development.
• Mentor Associates and Senior Associates on deal execution.

Skills

Financial modeling

Investment analysis

LBO modeling

Mentoring

Education

Bachelor's degree

Tools

Excel

PowerPoint

Job description

Third Space Partners is a private equity firm focused on the businesses powering the experience economy. Our name comes from \"third places\": the stadiums, festival grounds, arenas, youth sports facilities, and other venues where people spend their time outside home and work, connecting with their passions and each other. We invest in the essential services, logistics, and infrastructure businesses that make these spaces function, including staging, lighting, production, technology, and storage, and selectively invest in experiences, venues, and participation infrastructure directly.

Our team combines institutional investing experience with deep operational expertise, taking a hands-on approach to value creation and partnership. We work closely with founders and management teams to accelerate growth, strengthen execution, and build durable businesses positioned for long-term success.

With a presence in New York and Los Angeles, Third Space Partners is a lean, collaborative, and entrepreneurial team dedicated to building the next generation of category-defining businesses across the experience economy. The firm is investing out of its inaugural fund, offering an opportunity to help shape the foundation and culture of a growing investment platform.

Role Overview

Third Space Partners is seeking a highly motivated Vice President to join our team. We are focused on individuals with a deep passion for investing and business building who are committed to developing a long-term career with us.

This role will function as a core member of the deal team, working directly with senior leadership, portfolio company executives, limited partners, and the other members of the Third Space team. You will be involved across the investment lifecycle, including thesis formulation, due diligence, financial analysis and valuation, and identification and execution of value-creation strategies. You will also play an active role in synthesizing diligence findings, preparing investment materials, including complex financial modeling and analysis, and contributing to investment committee discussions.

The position offers broad exposure beyond traditional deal execution. You will collaborate with our portfolio companies on post-investment improvement plans, partner with lenders and advisors on financing initiatives, and engage with external consultants across commercial, accounting, legal and functional workstreams. You will also lead research efforts and drive thematic sourcing, origination, and new investment idea development.

This is a highly entrepreneurial environment with meaningful responsibility. The role provides an opportunity to exercise real investment judgment, work closely with senior leadership, and play a hands-on role in both investing and value creation across our portfolio and within the firm.

This position is based in our New York City office and is expected to work in office at least four days per week. The role requires periodic travel for diligence, portfolio company and management meetings, and industry events.

Key Responsibilities

• Lead thematic research and origination efforts, developing proprietary investment theses and building relationships with founders, management teams, and intermediaries
• Lead and execute diligence workstreams, including commercial, financial, operational, and industry analysis
• Shape investment theses, transaction structures, and key business questions, and present recommendations and clear, actionable insights to the investment committee
• Oversee and review financial, operating, and returns models to evaluate transactions and value-creation outcomes, ensuring analytical rigor and accuracy
• Prepare investment materials, including memos, presentations, and supporting analyses for internal and external stakeholders
• Support portfolio companies through ongoing monitoring, operational improvement workstreams, and corporate development and value-creation initiatives, collaborating closely with management teams and firm operating resources
• Engage with lenders, advisors, and third-party experts to support financing processes and diligence efforts
• Support fundraising and investor relations efforts, including preparation of marketing materials
• Drive proactive sourcing and pipeline development by tracking priority themes, markets, and company relationships
• Manage, mentor, and develop Associates and Senior Associates, reviewing work product and coordinating closely with team members, advisors, and diligence providers
• Other relevant tasks and responsibilities as reasonably required by the Third Space team

Qualities and Capabilities

• Collaborative, low-ego leadership style, prioritizing team success over personal credit; actively listens, builds rapport across levels, and contributes to a culture of positivity and respect
• Strong professional presence and the maturity to represent the firm with management teams, lenders, advisors, and limited partners
• Self-starter with demonstrated ability to operate in a fast-paced, dynamic environment and manage multiple priorities independently
• Exceptional communication skills, both written and verbal, with the ability to engage effectively across seniority levels and external stakeholders
• Genuine passion for investing, value creation, and building businesses over the long term
• High attention to detail, intellectual rigor, and commitment to producing high-quality work
• Strong technical foundation in finance, accounting, and valuation, with experience applying analytical frameworks to real investment decisions
• Resourceful problem-solver with sound judgment, curiosity, and willingness to take ownership and drive workstreams forward

Candidate Requirements

• Bachelor's degree from a four-year undergraduate program
• 6+ years of relevant experience in investment banking, private equity, or a comparable investing role, including at least 3 years of direct private equity investing experience
• Advanced financial modeling skills, including building and reviewing operating and LBO models, with strong proficiency in Excel and PowerPoint
• Demonstrated track record of leading transactions from origination through closing, including experience in complex investment situations and a deep understanding of capital structure
• Experience managing and mentoring junior investment professionals and working directly with portfolio company management teams and boards
• Strong interest in or exposure to live events, sports, entertainment, or the broader experience economy is required

Compensation

This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance, and for potential participation in the firm's carried interest program.

Expected salary range: $175,000-$200,000

Third Space Partners is an equal opportunity employer. Employment decisions are based on qualifications, merit, and business needs. The firm does not discriminate on the basis of any status protected by applicable federal, state, or local law. Applicants who require a reasonable accommodation during the application or interview process may contact [e-mail].