Senior PE Associate: Early Ownership & Direct Impact

LionLight Capital; Chapel Hill (NC); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Co-investment opportunities

Carried interest

Job summary

LionLight Capital, L.P. is a private equity firm based in Chapel Hill, North Carolina seeking a Senior Associate to join the core investment team.

You will take ownership across the full investment lifecycle and work directly with leadership, management teams, and investors. Responsibilities include diligence and execution on investments, preparing committee memos, and driving value creation through portfolio initiatives, add-on M&A, KPI development, and strategic financing.

Qualifications

• 2–3 years of investment banking or top-tier management consulting, followed by 1–3+ years of private equity investing experience.
• Strong financial modeling and valuation skills, with the judgment to connect the analysis to an investment thesis.
• Hands-on experience across deal cycles and portfolio company value creation initiatives.
• Excellent written and verbal communication, with the polish to earn the trust of founders, executives and investors.
• An entrepreneurial self-starter who does well with autonomy and is excited to help build a firm.
• Financial services industry experience is a plus.
• Team player that is ready to work hard and have fun.

Responsibilities

• Execution: Drive diligence and execution on new investments and inorganic growth opportunities, including financial modeling and debt financing processes.
• Investment committee materials: Craft investment memos and present recommendations to the investment committee.
• Value creation: Work with portfolio company management teams to build and carry out value-creation plans, including add-on M&A, KPI and reporting development, strategic initiatives, and financing and recapitalization activities.
• Industry sector work: Thematic research and thesis building around prioritized sectors and sub-sectors.
• Firm building: Help shape LionLight's processes, tools, recruiting and culture as the firm grows.

Skills

Investment analysis

Financial modeling

Due diligence

Communication

Autonomy

Deal experience

Team player

Job description

LionLight Capital, L.P. is a private equity firm based in Chapel Hill, North Carolina seeking a Senior Associate to join the core investment team.

You will take ownership across the full investment lifecycle and work directly with leadership, management teams, and investors. Responsibilities include diligence and execution on investments, preparing committee memos, and driving value creation through portfolio initiatives, add-on M&A, KPI development, and strategic financing.