New York Life Insurance Company
Private Equity Secondaries Associate
New York Life Insurance Company, Chicago, Illinois, United States, 60290
Private Equity Secondaries Associate
Location:
Chicago, IL, US Company:
New York Life Insurance Co At Apogem, we stand at the forefront of New York Life Investment Management's mission to empower investors and shape financial legacies. As the investment arm of the company, we are dedicated to delivering exceptional value to our clients through a blend of expertise, innovation, and a profound commitment to humanity. Apogem Capital leads the way in alternatives investing with decades of experience in the middle market and approximately $40 billion in assets under management. Offering a full range of capital solutions, Apogem delivers innovative strategies to private equity sponsors and portfolio companies, while providing our clients with access to highly sought-after opportunities. If you're passionate about making a meaningful difference in the world of finance, Apogem offers an exciting work environment where your talents are valued, and your contributions have a lasting impact. With offices in New York, Chicago, and Richmond, we provide opportunities for career development and growth, competitive benefits, and a collaborative culture that attracts and retains the best talent. Bring your passion for investing, client service, or operations to grow with Apogem. What You’ll Do:
The Secondaries team is hiring an associate to join its investment team. The candidate will participate and assist in all facets of the business, including but not limited to sourcing transaction opportunities, performing due diligence on potential investments, managing existing portfolios, and servicing investors. This role will interact closely with senior leaders with multi-decade experience in Private Equity across Apogem and will provide hands-on exposure to day-to-day transactions across multiple industries. Support the senior investment team in sourcing opportunities and the evaluation and execution of secondary private equity transactions. Conduct due diligence as part of the underwriting process for potential investments, including industry/sector research, operating analysis, sponsor track record analysis, ESG review, and other qualitative and quantitative analyses. Build detailed financial and operating models. Review and analyze marketing materials of potential investments. Manage investment opportunity pipeline and coordinate screening efforts. Prepare internal communications and presentations, including investment committee materials and other deliverables. Partner with team members on the execution and maintenance of key operational initiatives and marketing efforts. Support portfolio management workstreams including monitoring investment performance, managing internal database systems, and other processes used for tracking KPIs, reporting, data management, etc. Work directly with senior leadership team and other key personnel across the organization. What You’ll Bring:
We are looking for candidates who have strong technical skills, are excellent verbal and written communicators, show positive attitudes, and possess growth mindsets. Bachelor’s degree in finance, business, accounting, economics, or STEM with a competitive GPA. 2-4 years of experience in secondary, private equity, investment banking, management consulting, corporate finance, restructuring, valuation, or transaction advisory services, preferably with M&A experience. Strong financial modeling, accounting, and analytical skills with direct work-related experience. High proficiency in Microsoft Excel, Word, and PowerPoint. Strong work ethic, problem solving and organizational skills, and attention to detail. Demonstrated ability to work in a fast-paced environment; must be able to multi-task and manage multiple priorities. High personal integrity. Strong verbal and written communication skills. Commitment to continued professional development and “on-the-job” learning. Ability and willingness to work in a team-oriented culture. Position is based in our Chicago, IL office 3 days a week. Preferred Skills: Experience with evaluating and executing various types of secondary transactions. Pay Transparency Salary range:
$100,000 - $120,000 Discretionary bonus eligible:
Yes Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program. We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Our Diversity Promise We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Recognized as one of
Fortune’s
World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
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Location:
Chicago, IL, US Company:
New York Life Insurance Co At Apogem, we stand at the forefront of New York Life Investment Management's mission to empower investors and shape financial legacies. As the investment arm of the company, we are dedicated to delivering exceptional value to our clients through a blend of expertise, innovation, and a profound commitment to humanity. Apogem Capital leads the way in alternatives investing with decades of experience in the middle market and approximately $40 billion in assets under management. Offering a full range of capital solutions, Apogem delivers innovative strategies to private equity sponsors and portfolio companies, while providing our clients with access to highly sought-after opportunities. If you're passionate about making a meaningful difference in the world of finance, Apogem offers an exciting work environment where your talents are valued, and your contributions have a lasting impact. With offices in New York, Chicago, and Richmond, we provide opportunities for career development and growth, competitive benefits, and a collaborative culture that attracts and retains the best talent. Bring your passion for investing, client service, or operations to grow with Apogem. What You’ll Do:
The Secondaries team is hiring an associate to join its investment team. The candidate will participate and assist in all facets of the business, including but not limited to sourcing transaction opportunities, performing due diligence on potential investments, managing existing portfolios, and servicing investors. This role will interact closely with senior leaders with multi-decade experience in Private Equity across Apogem and will provide hands-on exposure to day-to-day transactions across multiple industries. Support the senior investment team in sourcing opportunities and the evaluation and execution of secondary private equity transactions. Conduct due diligence as part of the underwriting process for potential investments, including industry/sector research, operating analysis, sponsor track record analysis, ESG review, and other qualitative and quantitative analyses. Build detailed financial and operating models. Review and analyze marketing materials of potential investments. Manage investment opportunity pipeline and coordinate screening efforts. Prepare internal communications and presentations, including investment committee materials and other deliverables. Partner with team members on the execution and maintenance of key operational initiatives and marketing efforts. Support portfolio management workstreams including monitoring investment performance, managing internal database systems, and other processes used for tracking KPIs, reporting, data management, etc. Work directly with senior leadership team and other key personnel across the organization. What You’ll Bring:
We are looking for candidates who have strong technical skills, are excellent verbal and written communicators, show positive attitudes, and possess growth mindsets. Bachelor’s degree in finance, business, accounting, economics, or STEM with a competitive GPA. 2-4 years of experience in secondary, private equity, investment banking, management consulting, corporate finance, restructuring, valuation, or transaction advisory services, preferably with M&A experience. Strong financial modeling, accounting, and analytical skills with direct work-related experience. High proficiency in Microsoft Excel, Word, and PowerPoint. Strong work ethic, problem solving and organizational skills, and attention to detail. Demonstrated ability to work in a fast-paced environment; must be able to multi-task and manage multiple priorities. High personal integrity. Strong verbal and written communication skills. Commitment to continued professional development and “on-the-job” learning. Ability and willingness to work in a team-oriented culture. Position is based in our Chicago, IL office 3 days a week. Preferred Skills: Experience with evaluating and executing various types of secondary transactions. Pay Transparency Salary range:
$100,000 - $120,000 Discretionary bonus eligible:
Yes Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program. We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Our Diversity Promise We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Recognized as one of
Fortune’s
World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
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