Associate, Private Equity
At a glance
Junior Investment & Corporate Development role at Aresmgmt. Los Angeles · full-time · $140,000–$185,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Build toward running full deal processes, with that level of ownership expected over the next one to two years
- Guide diligence conversations with the investment committee and set plans that keep the work moving efficiently
- Review credit contracts, legal agreements and other documents tied to transactions
- Work with portfolio company leaders on initiatives to grow their businesses
- Coach junior Associates and Analysts and contribute to hiring
What you bring
- You have three to five years of relevant work overall, including one to three years in private equity
- You bring strong financial statement analysis, modeling and company valuation skills
- You hold a bachelor's degree from a leading university and have an exceptional academic record
Who this fits
This partner-track role suits an investment professional interested in varied industries and transaction structures, with the maturity to engage management teams and the judgment to work with limited supervision. Strong performers can grow into a leadership role over time. You must work from the Century City office in Los Angeles four days a week.
From the employer
Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.
Job Description
About Ares Private Equity
Ares Private Equity flagship corporate opportunities strategy pursues investments in growth-oriented middle market companies in North America and Europe. Our senior investment professionals average over 22 years of experience investing in, advising, underwriting, and restructuring leveraged companies. We seek to invest in high-quality middle market companies in our core industries - Healthcare, Services, Industrials and Consumer - where we can utilize our extensive growth-oriented investing experience, proprietary Value Creation System, and our ability to flex into distressed to seek to generate consistent returns across market environments.
Primary Functions & Essential Responsibilities
We are looking for a self-motivated individual with a strong interest in investing in a wide variety of industries and transaction structures. This is a Partner-track role that requires 2+ years of prior private equity experience, and the expectation is for strong performers to grow into a leadership seat over time. Responsibilities will include, but are not limited to, the following:
- Experienced investment professional on track to quarterback an entire deal process over the next 1-2 years
- Lead diligence discussions with the Private Equity group’s investment committee
- Develop detailed diligence plans and drive efficient execution
- Interpret credit agreements, legal agreements and other transaction documentation
- Partner closely with portfolio company management teams to drive growth initiatives
- Provide ongoing mentorship to more junior Associates and Analysts within the Private Equity group and assist with recruitment efforts
Experience Required
- Prospective candidates should have 3-5 years of total relevant work experience and 1-3 years of private equity experience specifically
- Exceptional financial statement analysis, financial modeling, and valuation skills
General Requirements
- Well-rounded interpersonal skills
- Ability to work well in an entrepreneurial environment with limited supervision and handle multiple projects.
- Strong work ethic and communication capabilities
- Maturity to interact with management teams
- Impeccable integrity and trustworthiness
- Ability to work from the Los Angeles (Century City) office 4 days a week
Education
- Bachelor's degree from a leading university
- Exceptional academic record
Reporting Relationships
Partner, Head of Private EquityCompensation
The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.
$140,000.00 - $185,000.00The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.
Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.
There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.