Associate / Senior Associate - GP Stakes - Wafra
New York, NY 10261
About the Job
Positions: Two (2) Opportunities: Associate/Senior Associate, GP Stakes
About Wafra: Wafra is a global alternative investment manager with over $28 billion of assets under management across a range of alternative assets, including strategic partnerships, alternative and traditional real estate, and real assets. Wafra’s Strategic Partnerships strategy focuses on acquiring minority ownership positions in leading alternative asset managers. Vehicles advised by Wafra have formed 31 strategic partnerships with both next generation and established alternative asset managers since 2011. By providing flexible and accretive capital solutions and focusing on the long term, Wafra aligns with and invests in high-quality investment management teams. Headquartered in New York, Wafra and its affiliates have additional offices in London and Bermuda.
About the Role: Career-track role focused on financial services, private equity, targeting investments in alternative asset managers, among other niche financial services industries. This position will play a significant role in underwriting, due diligence, negotiating, executing, monitoring, and exiting investments. This is an opportunity with no MBA required for advancement, and you will work directly with senior members of the investment team and the overall Wafra organization.
Responsibilities:
- New investment, underwriting and execution
- Prepare detailed financial models and analyses to support investment structuring and decision making
- Create investment memoranda and present opportunities to the investment committee
- Value creation initiatives within the existing portfolio, which includes investments in 31 leading alternative asset managers across Private Equity, Credit, Infrastructure and Real Estate
- Conduct proactive industry research
- Strategy development at the product level, interfacing with key organizational stakeholders to help continue a track record of sustained enterprise value growth
Qualifications:
- Bachelor’s degree
- Superior academic achievement, bringing to bear a best-in-class undergraduate education
- Minimum 3 years of work experience at top-tier private equity, venture capital, hedge fund, investment banking and/or management consulting firms
- Prior experience covering financial services is preferred
- Excellent quantitative skills with experience building detailed financial models
- Outstanding communication, leadership and interpersonal skills
- Self-motivated with a strong work ethic and ability to work in a fluid and intellectually mobile environment
- Wide-ranging intellectual curiosity and creativity
Benefits/Compensation
- The anticipated base salary for this role is $125,000 - $160,000. The compensation range for this role is specific to New York City and actual base salary will be determined by several components including but not limited to an individual’s experience, skill set and qualifications.
- Wafra is committed to the wellbeing of all employees and the hired candidate will be offered our comprehensive benefits package, including but not limited to, retirement benefits, health insurance, life insurance, paid holidays and time off and various wellness benefits.
Application Instructions: Please send your resume to aidrecruiting@wafra.com with the subject line “Associate/Senior Associate, GP Stakes”. Due to the high volume of candidates, only candidates selected to interview will be contacted by Wafra.
Equal Opportunity Statement: Wafra is an equal opportunity employer. Accordingly, it is the policy of Wafra to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth, related medical conditions and lactation), gender identity or gender expression (including transgender status), sexual orientation, marital status, military service or veteran status, disability, genetic information, protected medical condition as defined by applicable state or local law, domestic violence victim status, familial status, unemployed status, criminal history, protected activity (e.g., opposition to prohibited discrimination or making a complaint of discrimination or harassment or retaliation), or any other characteristic protected under applicable federal, state, or local law.