Associate, Private Equity Funds

About the role

The Private Equity team member will help shape UTIMCO’s private investment activities through a portfolio of funds and direct investments to achieve superior risk-adjusted long-term returns. This position will focus on fund investments, alongside the Managing Director, who leads this effort, and reports to the Senior Managing Director of Private Equity Investments.

Overall Responsibilities

• Assist in management of a portfolio of private investments including:
• Maintaining the capacity to lead a comprehensive due diligence process for evaluating and underwriting prospective investments, particularly fund investments (including but not limited to in-depth company analysis, manager performance and risk, manager strengths and weaknesses, risk management, operations, reference checks, evaluation of service providers, assessment of existing investor base, and thorough review of relevant legal documents with input from counsel)
• Leading negotiation of investment structuring and terms on new and existing investments with counsel
• Assist the Senior Managing Director with asset allocation decisions and portfolio evaluation
• Prepare standard and ad hoc reports and presentations to facilitate communication and transparency to the Investment Committee, organization, Board of Directors, and other external entities as required
• Aid in developing junior-level team members
• Source and assess new investment opportunities by establishing trusted industry contacts, meeting prospective partners, attending relevant industry events, performing qualitative and quantitative analysis as required, and assist in maintaining the prospective manager database
• Maintain the capacity to lead a comprehensive due diligence process for evaluating and underwriting prospective investments, particularly fund investments (including but not limited to in-depth company analysis, manager performance and risk, manager strengths and weaknesses, risk management, operations, reference checks, evaluation of service providers, assessment of existing investor base, and thorough review of relevant legal documents with input from counsel)
• Lead negotiation of investment structuring and terms on new and existing investments with counsel
• Assist the Senior Managing Director with asset allocation decisions and portfolio evaluation
• Prepare standard and ad hoc reports and presentations to facilitate communication and transparency to the Investment Committee, organization, Board of Directors, and other external entities as required
• Aid in developing junior-level team members

Requirements

• 5-8+ years of relevant direct investment experience in the private sector, specifically in finance, corporate development, operations, or investment-related fields
• Bachelor’s degree in finance, accounting, or related field
• Strong risk management capabilities
• Ability to communicate effectively and professionally across Investment team members and UTIMCO
• Exceptional quantitative skills, with the ability to evaluate fund and portfolio performance
• Advanced proficiency in financial tools and applications (e.g., Excel, Bloomberg)
• Strong written and oral communication skills
• Demonstrated ability to build and maintain strong professional relationships
• Collaborative, organized, adaptable, and resourceful, with a team-oriented and “can-do” attitude
• Unquestioned honesty, integrity, and transparency
• Ability to travel domestically and internationally

Preferred Qualifications

• Experience leading private equity fund underwriting
• MBA from a leading institution
• CFA designation
• Proficiency leveraging AI tools (e.g., ChatGPT, Microsoft Copilot) to enhance productivity, automate workflows, accelerate research, and improve day-to-day productivity