Associate recruitment
About Neuberger Berman:
Neuberger Berman Group is one of the world’s largest private, independent, employee-controlled asset management companies. Established in 1939, Neuberger Berman is a leader in a broad range of global investment solutions – equity, fixed income and alternatives – to institutions and individuals through customized separately managed accounts, mutual funds and alternative investment products. The firm has approximately 1,700 employees in 26 cities worldwide and manages over $190 billion of assets.
Managing private equity funds is an important component of Neuberger Berman’s business strategy. NB Private Equity has been an active and successful private equity investor since 1987. NB Private Equity manages over $12 billion of investor commitments across primary fund of funds, co-investment funds, secondary investment funds, and other innovative direct private equity strategies.
- Funds of Funds Investments: Makes primary commitments to premier private equity funds. Creates portfolios of private equity funds on a global basis and within multiple asset classes, including buyout, growth equity, venture capital and distressed / special situation investments.
- Co-investments: Invests directly into attractive deals alongside premier private equity firms in their core areas of expertise. Focuses on building high-quality, diversified portfolios of strategic co- investments primarily in buyouts and growth financings on a global basis and across multiple industries.
- Secondary Fund Investments: Invests in seasoned private equity funds by providing liquidity solutions to investors who desire to sell their limited partner interests in private equity funds.
- Other innovative direct private equity strategies in various stages of development.
Role Overview:
The successful candidate will work across all private equity strategies of Neuberger Berman, as we believe that the multiple disciplines are complementary. The candidate will support the team in the due diligence analysis of primary and secondary private equity fund investments and well as co-investments in single portfolio companies. We are seeking a driven individual with at least three years of experience in investment banking, management consulting or private equity, who will add value across a broad range of private equity investing activities.
We believe this is an excellent opportunity for an enthusiastic professional to build upon their experience in a demanding but rewarding environment.
Primary Responsibilities:
Conducting due diligence on private equity fund and portfolio company opportunities including industry, company and manager research.
Performing in-depth valuation analyses of private equity portfolios and private companies.
Leading the preparation of due diligence materials and screening and investment committee memos.
Regularly meeting with partners and other investment professionals of private equity firms.
Monitoring investments through attending annual meetings of private equity firms, attending investor meetings for individual portfolio companies and valuing portfolio investments.
Assisting in marketing and commercial efforts involving the firm’s private equity products.
Conducting special projects, including product development, asset allocation analyses, customized investment and reporting solutions for clients.
Interacting with different parts of the firm, including the buyside research team, to gather information necessary to make investment decisions in the various strategies.
Requirements:
Excellent academic credentials.
At least three years of experience in investment banking, management consulting or private equity.
Strong technical foundations in corporate finance and accounting.
Strong analytical and quantitative abilities, including substantial experience in financial modelling and valuation.
Initiative and creativity in approach to problem solving; demonstrated experience in conducting research and interacting with others to develop solutions.
Strong judgment and critical thinking skills; ability to articulate and present ideas effectively both orally and in written form.
Ability to multi-task with careful attention to detail.
Team-player attitude and a desire to work on a wide range of projects.
Ability to speak additional European languages a plus.