Job Description Summary
The Secondary Portfolio Associate will serve as a member of the Secondary Portfolio team, which supports the Secondary group in raising and investing capital and plays a key role in the business operations of the Secondary team. The role will have exposure to a wide range of activities including marketing /fundraising activities, portfolio analysis, and reporting, fund management, and the investment process. The role will also be a Secondary group liaison with internal departments such as Accounting, Tax, Client Services, Marketing, and Investor Relations. Please note that this role is not focused on evaluating and executing Secondary investments.
Job Skills and Abilities
Ability and desire to work independently as well as part of a team
Strong work ethic
Must have excellent problem solving and analytical skills and demonstrate strong attention to detail
Must also possess strong written and verbal communication skills
Responsibilities
Secondary Investment Monitoring and Operations: 50%
Participation in weekly Secondary group meetings
Maintenance of Secondary group KPIs (i.e., pipeline, deals reviewed, completed deals, deal flow, capacity, and pacing)
Maintenance of Secondary track record for all firm programs
Assist with cash flow modeling of secondary funds and portfolios
Assist the Secondary team in determining the appropriate allocation of Secondary investment opportunities
Prepare and maintain all monitoring materials for Secondary program including funds, separate accounts, and individual deals
Assist with the preparation of internal Secondary Portfolio review and strategic discussion materials
Liaise with Accounting group on all aspects of financial reporting for Secondary funds as required
Respond to ad-hoc internal queries and requests in relation to the Secondary portfolio
Other ad-hoc operational projects
Marketing/Client Service: 50%
Assist Principals and Managing Directors and work with Marketing in the preparation and maintenance of Secondary related marketing materials, AGM, and Advisory Board materials
Coordinate the preparation and maintenance of deal related marketing materials, descriptions, case studies, etc.
Manage separate account updates including capacity, deal updates, dataroom management and certain client communications
Coordinate with RFP team in crafting data responses to Secondary related RFP materials
Respond to ad-hoc marketing-related queries and requests and prepare materials for client consumption
Update track record and due diligence materials as needed
Education
BS-Accounting/Finance
Work Experience
2-5 years of relevant experience