Associate, Capital Solutions - Secondary Solutions Pod, New York

About the role

The Associate will work closely with senior and mid-level investment banking professionals on live deals across a variety of transaction types, as well as pre-launch deal preparation and origination efforts.

Responsibilities

• Transaction Execution: Work closely with senior leadership to evaluate, structure, and execute GP-led and LP secondary transactions across a broad range of industries and strategies. Drive capital-raising processes from origination through to closing, including coordination of investor outreach, engagement, and due diligence.
• Financial Modelling & Valuation: Build and maintain complex bottom-up three-statement and LBO models, fund-level waterfalls (GP/LP distributions), and DCF analyses, alongside performing detailed valuation work on portfolio companies and fund interests.
• Client & Investor Management: Manage key client and investor relationships. Engage directly with GP clients, assist in managing deal processes, and serve as a primary point of contact in investor discussions and buyer negotiations.
• Marketing Materials: Develop and refine high-quality client materials, including Confidential Information Memoranda (CIMs), management presentations, and pitch books, ensuring a high standard of accuracy and clear strategic positioning.
• Market Analysis & Strategy: Track and synthesize in-depth market research to provide actionable insights on trends in private equity and the secondaries market, including evolving deal structures and valuation dynamics.
• Team Leadership: Mentor and develop junior team members, fostering a high-performance, inclusive team environment.

Requirements

• Relevant Experience: Minimum of 4+ years of experience in Investment Banking (M&A, Capital Markets, or GP-led Advisory) or Private Equity / Private Capital investment roles.
• Technical Expertise: Strong financial modelling skills, including LBO, DCF, and continuation vehicle returns waterfall analysis, with advanced proficiency in Excel and PowerPoint.
• Analytical Acumen: Exceptional quantitative and analytical capabilities, with the ability to analyze business models and translate complex financial data into clear, compelling narratives.
• Leadership & Communication Skills: Demonstrated ability to function as an integral member of deal teams, managing multiple workstreams effectively in a high-pressure environment. Outstanding verbal and written communication skills, with the ability to engage and influence a range of internal and external stakeholders.
• Team Collaboration: A proven track record of working collaboratively within a team-oriented environment, mentoring junior colleagues, and fostering effective relationships.
• Drive & Motivation: A proactive, self-starter mindset with the desire to succeed in a demanding but rewarding environment.
• Academic Background: Strong academic credentials from an accredited institution required.

Qualifications

• Relevant Experience: Minimum of 4+ years of experience in Investment Banking (M&A, Capital Markets, or GP-led Advisory) or Private Equity / Private Capital investment roles.
• Technical Expertise: Strong financial modelling skills, including LBO, DCF, and continuation vehicle returns waterfall analysis, with advanced proficiency in Excel and PowerPoint.
• Analytical Acumen: Exceptional quantitative and analytical capabilities, with the ability to analyze business models and translate complex financial data into clear, compelling narratives.
• Leadership & Communication Skills: Demonstrated ability to function as an integral member of deal teams, managing multiple workstreams effectively in a high-pressure environment. Outstanding verbal and written communication skills, with the ability to engage and influence a range of internal and external stakeholders.
• Team Collaboration: A proven track record of working collaboratively within a team-oriented environment, mentoring junior colleagues, and fostering effective relationships.
• Drive & Motivation: A proactive, self-starter mindset with the desire to succeed in a demanding but rewarding environment.
• Academic Background: Strong academic credentials from an accredited institution required.

Skills

• Strong financial modelling skills, including LBO, DCF, and continuation vehicle returns waterfall analysis.
• Advanced proficiency in Excel and PowerPoint.
• Exceptional quantitative and analytical capabilities.
• Outstanding verbal and written communication skills.
• Proven ability to manage multiple workstreams in a high-pressure environment.
• Mentoring and developing junior team members.

Benefits

Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is: $175,000-$200,000 Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience and the location where this position may be filled. Houlihan Lokey provides a competitive benefits package. Our current benefits offerings can be found here: 2026 Benefits

Pay

Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is: $175,000-$200,000 Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience and the location where this position may be filled.

Schedule

N/A