What are the responsibilities and job description for the Associate, Private Equity Secondaries position at Ares Operations LLC?
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
Position Summary
Ares Secondaries has pioneered and innovated within secondary markets across three decades and a range of alternative asset classes, including private equity, real estate, infrastructure, and credit. Over the course of our 30-year history in this space, we have invested across thousands of partnership interests, driving highly differentiated and proprietary transactions through our deeply established relationships with institutional investors, fund sponsors, and market advisors. Ares Secondaries has more than 150 professionals across six offices in New York, Boston, Dallas, London, Hong Kong, and West Hartford, Connecticut.
Primary Functions and Essential Responsibilities
- Evaluate new investment opportunities by conducting due diligence, researching industries and comparable companies, interviewing fund sponsors, and preparing financial models as part of an underwriting team
- Conduct quantitative and qualitative due diligence on leveraged buyout, venture capital and other private equity limited partnership interests and their underlying company investments
- Develop a network of contacts in the private equity industry through deal negotiations, due diligence activities and attendance at industry conferences and fund sponsor annual meetings
- Prepare presentations to investors, firm partner group and counterparties
- Support deal team in transaction management, including negotiations with sellers and execution of closings
Qualifications
- 2-4 years’ experience in investment banking, private equity or principal investing
- Successful candidates will have a proven track record of leadership skills, and a strong record of academic achievement
- Ability to work both independently and as a productive member of transaction teams
- Strong financial analysis, writing and presentation skills
- Bachelor’s degree in a finance or economics
Reporting Relationships
Managing Director, SecondariesCompensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.
Salary : $130,000 - $175,000
