Pathway Capital Management is seeking an Associate to join its growing secondaries investment team. The Associate will assist in investment analyses and due diligence processes, prepare investment memos, and support the closing process for secondaries transactions.
Responsibilities
- Assist in initial pre-screening of new secondaries investment opportunities
- Support the investment process by leading various analyses and due diligence processes for investment opportunities, including detailed financial modeling
- Coordinate with general partners, secondary bankers, third-party consultants, Pathway primary investment teams, and select clients to support due diligence and manage project timelines
- Prepare comprehensive investment memos and present recommendations to Pathway’s secondaries investment committee and select clients
- Assist in the secondaries closing process, including preparing and reviewing schedules in purchase and sale agreements, coordinating with Pathway’s investment closing team to prepare for wire transfers, and working with Pathway’s legal and monitoring teams to coordinate closing and ongoing monitoring activities in Pathway’s proprietary databases
- Oversee, train, and mentor investment analysts to ensure the quality of work and due diligence timeliness
- Assist Pathway’s marketing and distribution team with secondaries-related fundraising materials, including PowerPoint slides, performance and deal-specific data, and update handouts
Skills
- 1-3 years of private equity, investment banking, valuation, or consulting experience
- Extensive knowledge of the private equity asset class, including equity and debt capital markets
- Strong writing, presentation, and research skills
- Ability to work efficiently, meet deadlines, and coordinate effectively with teams
- Expertise in MS Excel, PowerPoint, and Word is required
- Undergraduate degree in Economics, Finance, Accounting, or Business Administration preferred
- Significant experience in investment underwriting, modeling, and valuation analysis preferred
Benefits
- Flexible work format and collaborative yet autonomous culture.
- Health insurance coverage is provided with a minimal payroll contribution.
- Observation of ~10 bank holidays per year and generous vacation accrual.
- Excellent 401(k) employer match.
Company Overview
Pathway is a provider of private market portfolio solutions for institutional investors worldwide. It is a sub-organization of Clearlake Capital Group. It was founded in 1991, and is headquartered in Irvine, California, USA, with a workforce of 201-500 employees. Its website is https://pathwaycapital.com.