Investment Banking Associate, Digital Infrastructure M&A

About the role

A top-tier investment bank is hiring an Associate for its Digital Infrastructure coverage team, covering data centers, fiber, towers, wireless, and satellite. This is not a traditional media or telecom content group, and it is not a tech coverage seat. It is a dedicated infrastructure practice with its own deal dynamics, capital structures, and buyer universe, distinct from generalist TMT. The team runs on the same fee pools and deal processes as top-tier bulge bracket names, and has recently led high-profile transactions including a lead advisory and bookrunner role on one of the first data center IPOs in years, alongside a major bulge bracket co‑advisor.

Responsibilities

• Building and owning complex financial models, three‑statement, operating, and transaction models, with full command of underlying drivers and assumptions.
• Leading M&A processes from origination through close, working directly with senior bankers and clients.
• Supporting capital markets execution alongside M&A; the group is active across ECM and DCM, not M&A only.
• Mentoring junior team members as part of a small, tight‑knit coverage team.

Requirements

• 2 to 6 years of experience with direct exposure to digital infrastructure, data centers, fiber, towers, wireless, or satellite; able to step in with minimal ramp time.
• Associate 0/1 or Senior Analyst level candidates considered if they possess strong modelling skills and genuine M&A transaction experience; industry specificity is a plus but not a hard requirement.
• Backgrounds in diversified industrials, power and utilities, or mining and metals are welcome given the modelling intensity of those sectors.
• Candidates from financial sponsors, ECM, DCM, or leveraged finance backgrounds are not a fit; the bar here is core M&A execution.
• Boutique experience is valued if it comes from a shop specialized in digital infrastructure, or a founder/owner‑focused middle‑market firm with genuine multi‑transaction reps;