What are the responsibilities and job description for the Associate, Private Equity Co-Investments position at portad?
In 2023, Portfolio Advisors combined with FS Investments.
FS Investments: 30 years of leadership in private markets
FS Investments is an alternative asset manager dedicated to delivering attractive returns across private equity, private credit and real estate. Following its 2023 acquisition of Portfolio Advisors, FS Investments now manages over $85 billion for both institutional and wealth management clients around the world, drawing on 30 years of experience and more than 600 employees operating across nine global offices.
The firm’s investment professionals manage a wide range of differentiated strategies across private markets and collectively manage relationships with 300 sponsors. FS Investments’ active partnership model creates a virtuous cycle of superior market insights and deal flow, which inform the underwriting process and help to generate strong returns.
Founded in 2008, FS’s equity co-investment platform is led by two senior investment professionals. The team has completed over 150 co-investments and committed more than ~$2.3 billion since 2008. The business is currently investing out of its fifth equity co-investment fund, which focuses primarily on U.S.-based middle market leveraged buyout transactions (EBITDA of $10 - $100 million or more) across a broad range of industries. The team looks to invest between $10 - $40 million per deal.
The Associate will be involved in all aspects of a private equity investment transaction, including diligence, execution and post-closing investment monitoring. The Associate will be an integral part of the investment team and is responsible for many important aspects of a live transaction, including financial analysis and due diligence processes. This role is a 2-3 year program. Exceptionally high performing associates may be offered an opportunity to advance to the senior associate level and beyond.
Responsibilities:
- Analyzing investment opportunities including conducting business, industry and financial due diligence
- Preparing complex financial models
- Drafting and presenting investment committee memoranda
- Monitoring portfolio company performance
- Preparing limited partner presentations, sponsor marketing and fundraising materials
Job Requirements:
- At least ~2 years of relevant experience: investment banking, private equity/credit, transaction advisory, or equity/credit research
- Strong analytical and communication skills
- Collaborative approach conducive to strong teamwork
- History of outstanding performance and high level of motivation
FS Investments is an Equal Opportunity Employer.
FS Investments does not accept unsolicited resumes from recruiters or search firms. Any resume or referral submitted in the absence of a signed agreement is property of FS Investments and no fee will be paid.
