Five Arrows, Secondary Opportunities, Associate, NY

About the role

Five Arrows, the investment arm of the Rothschild & Co group focused on alternatives, is seeking an Associate to join the investment team of Five Arrows Secondary Opportunities ("FASO"). FASO specializes in the direct secondaries market with expertise in Europe and an expanding U.S. operation. The fund targets small and mid-cap GP-led transactions across private equity, including buyout, expansion capital, and growth equity, with an emphasis on healthcare, technology, and business services.

The role demands excellent communication skills, strong analytical insight, financial modeling capabilities, creativity in processing information, and the ability to work effectively in a cross-border collaborative environment with a passion for private equity investing.

Responsibilities

• Work on lean deal teams to perform due diligence of investment opportunities, including conducting market and company research, formulating valuation analyses, creating and managing financial models, and developing balanced, fact-based investment recommendations.
• Prepare and present investment memorandums, summarizing key diligence findings and financial analyses, and participate in diligence discussions and investment committee meetings.
• Actively participate in meetings with general partners, company management teams, advisors, and industry experts to source and evaluate investment opportunities and develop market insights.
• Monitor the investment performance of the FASO portfolio and assist with reporting needs to limited partners of the fund.

Requirements

• 2-4 years of relevant experience, including investment banking, private equity, and/or consulting.
• Strong fundamental knowledge of accounting and corporate finance.
• Robust analytical and quantitative skills, including experience in company and industry research, financial statement analysis, financial modeling, and valuation.
• Excellent proficiency in Microsoft Excel and PowerPoint.
• Comfort with or willingness to develop proficiency with cutting-edge financial tools, including AI.
• Ability to comprehend new business models, markets, and companies and identify key considerations with guidance from senior investment professionals.
• Results-oriented personality with strong judgment and critical thinking skills.
• Ability to articulate and present points of view and ideas effectively, both verbally and in writing.
• Proven ability to successfully multi-task with strong attention to detail.
• Intellectually curious, proactive, innovative, and forward-thinking.
• Strong sense of integrity and character, demonstrated ability to maintain humility and even temperament in a fast-paced and competitive environment.
• A passion for understanding and investing in the private equity industry.

Pay

Expected base salary for this role in the New York Office ranges from $150,000 to $160,000 per year at the commencement of employment. Salary offers are determined based on relevant skills, training, experience, education, and market factors. Successful candidates may also be eligible for a discretionary bonus in addition to the Rothschild & Co employee benefits package.