Investment Banking - EMEA Secondaries Advisory - Associate - London

The EMEA Secondaries Advisory team sits within Private Capital Advisory/EMEA M&A and is part of the global Private Capital Advisory & Solutions team. The team assists sponsor clients in the creation of continuation vehicles for assets across private equity, infrastructure, credit, real estate and venture capital/growth – providing liquidity solutions to their existing institutional investors/LPs. The team works closely with country, industry, and other product teams within J.P. Morgan to deliver GP-led solutions to sponsor clients. Capital in CVs is raised through bespoke M&A-style processes and from a variety of sources including secondary investors, sovereign wealth funds, pension funds, family offices, and other institutional investors. As an Associate in the team, you will get exposure to various asset classes across all sectors and regions and benefit from strong dealflow backed by a constantly growing and rapidly evolving secondary market – answering a need for LPs to monetise their existing private market exposure.

 

Job responsibilities

• Work with sponsor clients in tandem with industry / country teams to assess if a continuation vehicle is the right solution for a sponsor depending on their objectives
• Support in preparation of pitch materials to present to J.P. Morgan sponsor clients, in partnership with industry and country teams
• Support in the preparation of transaction marketing and process materials on live deals
• Prepare financial models of companies (LBO/DCF) as well as fund level modeling
• Process coordination from launch to signing, including investors outreach, Q&A and overall transaction management
• Speaking to investors on an ongoing basis to maintain dialogue and build relationships
• Given the team high deal flow and its flat hierarchical structure, you should expect to be asked to perform a great variety of tasks, including many opportunities to ‘step-up’

 

Required qualifications, capabilities and skills

• Several years of full time investment banking experience, including M&A
• Keen interest in private capital markets, continuation vehicles and the secondary space in general
• Desire to work across sectors and asset class
• Strong process management capabilities on live deals
• Proactive, entrepreneurial and keen to engage in business development activities
• Ability to engage in client and investors communications
• Ability to take ownership across a transaction, with exposure to industry, country, and product teams
• Ability to show initiative and support several transactions in parallel, managing time appropriately across competing demands

 

Preferred qualifications, capabilities and skills 

• Prior experience in CVs
• Prior experience in communicating with investors

 

This role encompasses the performance of regulated activity. The successful candidate will therefore be subject to meeting regulatory requirements in the assessment of fitness, propriety, knowledge and competence (as assessed by the firm) and (where appropriate) approval by the relevant regulatory authorities to carry out such activities.