Investment Banking - Private Capital Advisory, GP-Led Secondaries - Analyst
JPMorgan Chase · New York, United States · 1mo ago
We are seeking a highly motivated Analyst to join the Secondary Advisory team of Private Capital Advisory & Solutions, with a focus on GP-led secondary transactions. The team advises private equity sponsors and other alternative asset managers on liquidity and capital solutions across the private-fund lifecycle. Transactions may include single-asset and multi-asset continuation vehicles, preferred equity solutions, and other structured secondary transactions. The Analyst will work closely with senior bankers, financial sponsors, portfolio-company management teams, secondary investors, limited partners, legal counsel, and other transaction advisers. The role provides significant exposure to transaction structuring, financial analysis, valuation, marketing, and end-to-end execution within the growing private-capital secondary market. The Analyst will work in a collaborative, apprenticeship-oriented environment with meaningful responsibility and direct interaction with senior members of the team.
Job Responsibilities
- Support the origination and execution of GP-led secondary transactions, including single-asset and multi-asset continuation vehicles
- Build and maintain financial models, including operating models, valuation analyses, leveraged-buyout models, investor-return analyses, and continuation-vehicle capitalization models
- Prepare presentations, pitch books, confidential information memoranda, management presentations, investor materials, process letters, and internal approval materials
- Coordinate with industry coverage teams, M&A professionals, capital-markets teams, legal counsel, tax advisers, accounting firms, and other transaction participants
- Assist in the preparation and management of virtual data rooms and coordinate due-diligence requests across clients, management teams, investors, and advisers
- Support outreach to prospective secondary investors and maintain buyer lists, outreach logs, process trackers, and bid-comparison materials
- Monitor GP-led secondary-market activity, investor appetite, fundraising trends, pricing dynamics, and relevant precedent transactions
- Maintain internal databases covering secondary investors, transaction precedents, market activity, and sponsor relationships
- Support senior bankers in client meetings, business-development initiatives, and strategic discussions with financial sponsors
Required qualifications, capabilities, and skills
- Bachelor’s degree with a strong academic record
- Up to three years of relevant experience in investment banking, private capital advisory, private equity, secondary investing, transaction advisory, valuation, or a related field
- Excellent quantitative and analytical skills with a strong understanding of financial statements, accounting principles, corporate finance, and valuation methodologies
- Strong written and verbal communication skills.
- Exceptional attention to detail and commitment to producing accurate, high-quality work
- Organizational skills with an ability to manage multiple assignments and work effectively in a fast-paced, transaction-oriented environment
- Strong judgment, integrity, professionalism, and discretion
- Demonstrated interest in private equity, private markets, and secondary transactions
Preferred Qualifications
- Familiarity with GP-led secondaries, continuation vehicles, or private-fund structures
- Experience with leveraged-buyout modeling, private-equity transactions, or sponsor coverage
- Understanding of private-equity fund economics, including management fees, carried interest, fund waterfalls and limited-partner elections
- Knowledge of secondary investors, financial sponsors, and institutional limited partners
This role encompasses the performance of regulated activity. The successful candidate will therefore be subject to meeting certain regulatory requirements.