Job Description

Flexstone Partners (“Flexstone” or the “Company”) is a leading Investment Manager and Advisor specialized in private assets on a global basis. With local presence in Geneva, Paris, New York and Singapore, the Company manages approximately $10 billion on behalf of large institutions as well as high net worth individuals on a global basis. Flexstone’s range of products and services extends from tailor-made solutions and advisory services to commingled funds, across all private asset classes (Private Equity, Mezzanine, Infrastructure…) through Primary and Secondary investments in funds, as well as direct Co-investments in buyout & growth capital transactions. Flexstone’s key strength is the ability to offer customized solutions for each client globally; to date over 75% of the firm’s advised assets are in dedicated solutions.

Flexstone is an affiliate of Natixis Investment Managers, one of the world’s largest asset managers. The Company operates autonomously from its parent but is able to leverage its global resources, professionals, and network to enhance its ability to continuously deliver exceptional strategies, service, ESG and risk management.

Flexstone is a signatory of the UNPRI and its ESG approach is an integral part of its team culture and investment process. Flexstone Partners follows an inclusive approach in its workplace and practices, where diversity and open mindedness are deemed essential to flourish in a dynamic environment. Flexstone is an equal opportunity employer and values a diverse and inclusive workforce.

The Company does not discriminate on the basis of race, religion, color, gender identity or expression, national origin, sexual orientation, marital status, age, veteran status, disability status, or any other legally protected characteristic. All employment is decided on the basis of qualifications, merit, and business need.

Position Overview

The candidate will join a team of over twenty investment professionals globally and will work based in New York with the Secondary team in Europe and the US investment team. The dedicated global secondary team is currently comprised of a Managing Director, an associate and an analyst all of whom are based in Paris. This role is pivotal to support the continued expansion of Flexstone’s secondary franchise and the increasing focus on US secondary transactions. The candidate will report to both the CIO in New York and the Managing Director and Head of Secondaries based out of Paris.

Experience/Qualifications:

• Mature and highly motivated individual who has a problem solving and “can-do” attitude, is detail oriented with a demonstrated ability to work efficiently, both independently as well as part of a team
• Advanced analytical skills with proven experience in complex financial analysis, transaction modelling and company valuations
• Strong intellectual rigor and work ethic
• Ability to source new secondary investment opportunities / relevant network of relationships within the private equity ecosystem (GPs, LPs, intermediaries)
• 4-5 years of prior private equity secondaries experience is a prerequisite
• Prior investment banking experience is a positive, but not required
•  Outstanding academic record (University and GPA)
• Strong communication (written and oral) and interpersonal skills
•  Fluent English (written and spoken); additional language skills a plus

Primary Responsibilities:

• Play a key role in screening and review of potential secondary investment opportunities (both GP-led and LP-interest transactions), including analysis and modelling of individual portfolio companies, partnerships and transactions
• Drafting and presentation of transaction materials for Investment Committee review and discussions
• Build and cultivate strong relationships with GPs, LPs and other relevant stakeholders within the private equity industry and secondaries market in particular
• Sourcing of new secondary investment opportunities
• Act as a deal captain throughout the various transaction stages with only limited supervision
• Participation in and thoughtful contribution to Investment Committee discussions, also on primary and co-investment strategies
• Active investment monitoring through GP update meetings, annual investor conferences, financial statement analysis and primary and secondary research where relevant
• Involvement in management/staffing and training and development of junior team members
• Actively contribute to commercial and fundraising efforts, including drafting of marketing materials, coordinating RFP processes etc. in close collaboration with the IRBD team
• Occasional (international) travel for AGMs, industry conferences and fundraising where required

Location: New York City

Start Date: As soon as possible / to be mutually agreed

Compensation: $200K-$325K per annum inclusive of discretionary bonus, which depends on experience and performance assumed to be in line with expectations.

How to apply:   Candidates should submit a letter of interest along with a resume to Sylvie Bondurand at sylvie.bondurand@flexstonepartners.com.

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