PJT Partners
Director - Park Hill (Private Capital Solutions)
PJT Partners, New York, New York, us, 10261
PJT Partners is a global advisory-focused investment bank. Our team of senior professionals delivers a wide array of strategic advisory, shareholder advisory, restructuring and special situations and private fund advisory and placement services to corporations, financial sponsors, institutional investors and governments around the world. We offer a unique portfolio of advisory services designed to help our clients achieve their strategic objectives. We also provide, through PJT Park Hill, private fund advisory and fundraising services for alternative investment managers, including private equity funds, real estate funds and hedge funds.
From the beginning, PJT Partners has firmly believed that having the best people is key to building an enduring franchise. Our perspective was, and remains, that a great team brings in both top tier clients and appeals to a wide-range of diverse, talented colleagues. Fostering an inclusive culture, which welcomes differing perspectives and beliefs, enables us to provide the best advice and insights to our clients.
To learn more about PJT Partners, please visit our website at www.pjtpartners.com.
Responsibilities
PJT Park Hill ("Park Hill") is our industry-leading advisor and intermediary business focused on alternative investment vehicles in the private equity, real estate, hedge fund and secondary advisory asset classes.
The Private Capital Solutions group, our secondary advisory practice, is one of the most experienced investment banking teams in the industry and has been involved in some of the largest, most complex transactions since the team's founding in 2008. The practice leverages the firm's global relationships to deliver superior results across the private capital universe. Our highly specialized team focuses on delivering independent advisory and execution services to financial sponsors and institutional investors across a broad spectrum of strategic transactions including:
Institutional Investor Solutions: Divesture of limited partnership portfolios of private fund interests, valuation of private fund interests, transaction structuring and execution support.Financial Sponsor Solutions: Fund recapitalizations, fund restructurings, tender offers, management team spinouts and portfolio asset sales;Structured Liquidity Solutions: Preferred equity, NAV financing, Securitizations and other debt-oriented solutions for illiquid financial holdingsDirectors within Private Capital Solutions would be responsible for the following:
Leading the advisory and execution of secondary transactions, including LP portfolio sales, GP-led solutions (continuation funds, restructurings, and tender offers) and other private market liquidity solutions;Overseeing the structuring of complex transactions, including managing negotiations, pricing and term sheet development;Overseeing financial modeling, valuation analysis and due diligence processes to ensure robust transaction execution;Participating in both internal and external client meetings, negotiation of contracts and other agreements and due diligence sessions;Managing and mentoring junior team members, providing guidance on deal execution and fostering their professional development.Qualifications
PJT Partners seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition, qualified candidates will possess the following:
6+ years of financial services experience in private equity, secondary advisory or investment banking;Bachelor's degree in Accounting or Finance is preferred but not required;Outstanding quantitative and analytical skills;Strong verbal and written communication skills;Proven ability to work collaboratively and effectively within a team environment;Exceptional organization and time management skills;Strong work ethic and ability to work under pressure.
Expected annualized base salary of $250,000 to $300,000.
This range represents the low and high ends of the expected annualized base salary for this position. The specific base salary received by any employee will be informed by a number of factors, including but not limited to, role level and scope, location, candidate's relevant qualifications, skills and experience.
Base salary is one component of PJT Partners' compensation structure. In addition to base salary, PJT Partners' compensation structure may include additional rewards, incentives and benefits, including but not limited to, a discretionary bonus component.
PJT is an equal opportunity employer. We do not discriminate on the basis of, and will consider all qualified applicants for employment without regard to race, color, religious creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity expression, disability, medical condition, genetic information or predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other category protected by law. PJT Partners also complies with all applicable laws with regard to providing reasonable accommodation of disabilities to applicants. For more information or to request an accommodation, please contact Human Resources.
California Applicants:
PJT Partners will consider for employment qualified applicants with arrest and/or conviction records in a manner consistent with applicable law including, but not limited to, the San Francisco Fair Chance Ordinance and/or Los Angeles Fair Chance Initiative for Hiring Ordinance.
Applicant Privacy Notice:
View our Applicant Privacy Notice https://info.pjtpartners.com/PJT_Global_Applicant_Privacy_Notice here. If you are a California resident, please refer to our California Applicant Privacy Notice https://info.pjtpartners.com/California_Applicant_Privacy_Notice for further information.
*In order to be considered, please ensure your resume/CV is submitted in PDF format.
From the beginning, PJT Partners has firmly believed that having the best people is key to building an enduring franchise. Our perspective was, and remains, that a great team brings in both top tier clients and appeals to a wide-range of diverse, talented colleagues. Fostering an inclusive culture, which welcomes differing perspectives and beliefs, enables us to provide the best advice and insights to our clients.
To learn more about PJT Partners, please visit our website at www.pjtpartners.com.
Responsibilities
PJT Park Hill ("Park Hill") is our industry-leading advisor and intermediary business focused on alternative investment vehicles in the private equity, real estate, hedge fund and secondary advisory asset classes.
The Private Capital Solutions group, our secondary advisory practice, is one of the most experienced investment banking teams in the industry and has been involved in some of the largest, most complex transactions since the team's founding in 2008. The practice leverages the firm's global relationships to deliver superior results across the private capital universe. Our highly specialized team focuses on delivering independent advisory and execution services to financial sponsors and institutional investors across a broad spectrum of strategic transactions including:
Institutional Investor Solutions: Divesture of limited partnership portfolios of private fund interests, valuation of private fund interests, transaction structuring and execution support.Financial Sponsor Solutions: Fund recapitalizations, fund restructurings, tender offers, management team spinouts and portfolio asset sales;Structured Liquidity Solutions: Preferred equity, NAV financing, Securitizations and other debt-oriented solutions for illiquid financial holdingsDirectors within Private Capital Solutions would be responsible for the following:
Leading the advisory and execution of secondary transactions, including LP portfolio sales, GP-led solutions (continuation funds, restructurings, and tender offers) and other private market liquidity solutions;Overseeing the structuring of complex transactions, including managing negotiations, pricing and term sheet development;Overseeing financial modeling, valuation analysis and due diligence processes to ensure robust transaction execution;Participating in both internal and external client meetings, negotiation of contracts and other agreements and due diligence sessions;Managing and mentoring junior team members, providing guidance on deal execution and fostering their professional development.Qualifications
PJT Partners seeks to hire individuals who are highly motivated, intelligent and have demonstrated excellence in prior endeavors. In addition, qualified candidates will possess the following:
6+ years of financial services experience in private equity, secondary advisory or investment banking;Bachelor's degree in Accounting or Finance is preferred but not required;Outstanding quantitative and analytical skills;Strong verbal and written communication skills;Proven ability to work collaboratively and effectively within a team environment;Exceptional organization and time management skills;Strong work ethic and ability to work under pressure.
Expected annualized base salary of $250,000 to $300,000.
This range represents the low and high ends of the expected annualized base salary for this position. The specific base salary received by any employee will be informed by a number of factors, including but not limited to, role level and scope, location, candidate's relevant qualifications, skills and experience.
Base salary is one component of PJT Partners' compensation structure. In addition to base salary, PJT Partners' compensation structure may include additional rewards, incentives and benefits, including but not limited to, a discretionary bonus component.
PJT is an equal opportunity employer. We do not discriminate on the basis of, and will consider all qualified applicants for employment without regard to race, color, religious creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity expression, disability, medical condition, genetic information or predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other category protected by law. PJT Partners also complies with all applicable laws with regard to providing reasonable accommodation of disabilities to applicants. For more information or to request an accommodation, please contact Human Resources.
California Applicants:
PJT Partners will consider for employment qualified applicants with arrest and/or conviction records in a manner consistent with applicable law including, but not limited to, the San Francisco Fair Chance Ordinance and/or Los Angeles Fair Chance Initiative for Hiring Ordinance.
Applicant Privacy Notice:
View our Applicant Privacy Notice https://info.pjtpartners.com/PJT_Global_Applicant_Privacy_Notice here. If you are a California resident, please refer to our California Applicant Privacy Notice https://info.pjtpartners.com/California_Applicant_Privacy_Notice for further information.
*In order to be considered, please ensure your resume/CV is submitted in PDF format.