Private Equity Associate - Healthcare
About the Role
The Associate will join a private investment firm, in their Philadelphia, PA office. Founded three years ago, this division of private equity firm, has quickly established itself as a dynamic player in the healthcare investment landscape. Anchored by the support of a family office, the firm has successfully launched and managed three major platforms, with a fourth platform nearing completion. Demonstrating robust growth and strong investor confidence, the firm achieved a significant milestone with the first close of its inaugural fund, raising $40M. This firm focuses on investing in businesses valued at $10-$30M, investing in the life science, pharma, medical devices, hospitals, health systems & providers, payor & insurance services, and healthcare service industries.
Key Responsibilities
The Associate will support senior investment professionals in investment sourcing, due diligence, and portfolio management functions of the firm. Specific responsibilities include:
Financial analysis – Create financial models to analyze cash flows, investment returns, and enterprise values for new investment opportunities and existing portfolio companies
Investment approval materials – Prepare memos and other approval materials for the Investment Committee
Industry research – Conduct research on market size, growth prospects, demand drivers, key competitors, etc.
Third party diligence – Facilitate diligence activities with third-party partners (e.g., senior lenders, accountants, attorneys, IT consultants, strategy consultants)
Portfolio management – Assist with ongoing monitoring and ad hoc strategic projects for portfolio companies
Investor relations and fundraising – Compile financial reports and valuation estimates of current portfolio companies for current and potential investors
Marketing – Provide support and attend industry events, conferences, trade shows, etc.
Professional Experience & Qualifications
Minimum of 3 years of experience in middle-market investment banking, private equity or TAS. Recent MBA graduates are welcomed to apply! This is a great opportunity for candidates looking to break into Private Equity who feel they have missed their "recruiting window."
Personal Characteristics
Ability to multi-task in a dynamic environment, work independently, prioritize work effectively, and meet stringent deadlines while maintaining high quality of work standards.
Intellectual curiosity
Entrepreneurial spirit
Team player
Self-starter
Strong analytical and communication (verbal and written) skills
Ability to work well with portfolio companies is important
Outstanding organizational abilities
High attention to detail
Desire to learn
Education
An undergraduate degree is required. MBA candidates are encouraged to apply!
Salary
$125k all-in compensation (includes base and bonus). Carry is offered at the Associate level.
Apply here: https://lnkd.in/emfCAmGa
