Private Equity Senior Associate

Evaluate new investment opportunities

The Senior Associate will evaluate new investment opportunities across SaaS / Healthcare markets, including platform investments, add-ons, growth equity investments, recapitalizations, and buyouts.

Develop investment theses

Develop research-driven investment theses by identifying attractive markets, mapping competitive landscapes, assessing market structure, and forming a view on where LLR can create differentiated value.

Conduct investment analysis

• Financial modeling
• Valuation
• Cohort analysis
• Customer and revenue quality
• Market sizing
• Competitive positioning
• Assessment of key business drivers

Support and lead diligence

• Internal analyses
• Third-party diligence coordination
• Data room review
• Diligence trackers
• Summaries of key findings

Create investment materials

• Investment committee memos
• Market maps
• Company profiles
• Diligence summaries
• Internal discussion materials

Communicate effectively

• With senior investment professionals
• With business development colleagues
• With value creation team members
• With management teams
• With bankers
• With consultants
• With lenders
• With attorneys
• With other transaction advisors

Build relationships

• With prospective and portfolio company management teams
• To help position LLR as a thoughtful, value-added partner to growing software businesses

Contribute to sourcing and origination

• Through thematic outreach
• Through banker coverage
• Through company research
• Through conference preparation
• Through proactive identification of attractive investment opportunities

Partner with portfolio companies

• To help with strategic initiatives
• To conduct market research
• To analyze KPIs
• To prepare board materials
• To drive growth-oriented projects

Manager and mentor

• Reviewing work product
• Helping prioritize analyses
• Supporting development

Qualifications

• 4-7 years of relevant investment experience, ideally including 2–3 years of investment banking experience followed by 2-3 years of private equity experience.
• Direct experience evaluating, conducting diligence, and executing investments in healthcare, software, technology, B2B SaaS, or tech-enabled services.
• Experience with lower middle market companies strongly preferred.
• Strong financial modeling, valuation, and analytical skills, with the ability to translate quantitative work into investment insight.
• Commercial judgment and the ability to identify what matters most, develop a clear point of view, and communicate implications to senior decision-makers.
• Excellent written and verbal communication skills, including the ability to create clear, concise, and persuasive investment materials.
• Strong interpersonal skills and credibility with management teams, bankers, advisors, and internal stakeholders.
• A high degree of ownership, intellectual curiosity, and comfort taking on meaningful responsibility.
• Undergraduate degree with strong academic achievement.
• Philadelphia-based or willing to be based in Philadelphia.