Private Equity – Associate

New Jersey Community Capital

New Brunswick, NJ, USA
Posted on April 29, 2024

Who We Are

New Jersey Community Capital is a community development financial institution (CDFI) with a mission to advance equity and opportunity through strategic investments in traditionally underserved communities.

University Ventures (“UV”) is a Small Business Investment Company (SBIC) with an evergreen on-balance sheet fund. Currently, the portfolio has 4 legacy investments, and the Company is seeking to deploy available capital into new transactions. The Company is also in a growth trajectory with plans to raise additional capital for its evergreen fund and a new private equity fund. This presents the opportunity to be part of a small growing team in its early stages and shape the direction of the fund while deploying capital into meaningful impact deals.

Read about us: https://www.newjerseycommunitycapital.org/about-us/

Role: Associate, Private Equity

Location: New Brunswick, NJ

Required: 5 days a week in NJ office

  • Reporting to the Director of Strategic Investments, the Private Equity Associate is responsible for supporting direct equity and debt investment decisions, leading due diligence workstreams, support negotiations with counter-parties and investment partners on behalf of UV.
  • Assist in assessing risk/reward attributes of potential transactions on a relative and absolute return basis.
  • Assist in the strategy and sourcing of investment opportunities, participate in the investment closing process for approved investments.
  • Lead portfolio company monitoring by compiling and summarizing monthly and quarterly performance by each portfolio company.
  • Track investments and complete periodic valuation reviews, including financial modeling and analysis.
  • Developing strategic initiatives internally and driving execution with external and internal partners.
  • Assist the fund principals in the restructuring and fundraising process. Assist the fund in maintaining SBA compliance.

Qualifications:

  • Passion for mid-market and impact investing
  • Previous exposure to the asset class (direct equity or mezzanine experience) preferred.
  • Strong analytical/problem solving skills.
  • Strong financial modelling skills
  • Advanced excel skills.
  • Bachelor’s degree; competitive GPA in a relevant field (e.g. finance, economics).
  • Natural inclination to develop and work alongside others in collaborative team environment.

Responsibilities:

This position will serve to:

  • Support direct equity and debt investment decisions through: Preparation of investment committee materials and preparing Excel models (including detailed operating models, valuation models and transaction models) that capture various transaction structures and waterfalls.
  • Lead due diligence workstreams including financial DD, commercial DD, legal DD etc.
  • Support negotiations with counter-parties and investment partners on behalf of UV.
  • Assist in assessing risk/reward attributes of potential transactions on a relative and absolute return basis through sensitivity analyses.
  • Assist in the strategy and sourcing of investment opportunities across sectors and geographies.
  • Participate in the investment closing process for approved investments alongside legal, accounting, operations, and risk management.
  • Lead portfolio company monitoring by compiling and summarizing monthly and quarterly performance by each portfolio company to identify and monitor key drivers of earnings and sources of potential risks.
  • Track investments and complete periodic valuation reviews, including financial modeling and analysis.
  • Developing strategic initiatives internally and driving execution with external and internal partners.
  • Assist the fund principals in the restructuring and fundraising process.
  • Assist the fund in maintaining SBA compliance.
  • Prepare ad-hoc reporting for senior management and for LPs, including performance benchmarking.
  • Work with other team members in a collaborative setting.
Company logo

FREE RESOURCES

Get My Best Growth Equity Interview Tips

No spam ever, unsubscribe anytime