Wellington Management

Associate, Secondaries, Venture Growth Evergreen

Wellington Management$80K — $150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5+ years of experience in secondary investing, ideally in LP, GP, and secondary direct transactions
  • Strong financial modeling capability with an ability to build models from scratch
  • Proven ability to work independently and in cross-functional teams
  • Demonstrated analytical skills with attention to detail and problem-solving abilities
  • Passion for secondaries investing and intellectual curiosity across industries
  • CFA charter holder or in progress preferred

Responsibilities

  • Source and underwrite a diverse range of growth and venture secondary transactions
  • Conduct detailed deal-level modeling to support investment decisions
  • Collaborate with internal teams and external partners throughout the investment process
  • Prepare investment memos and other documentation for internal reviews
  • Manage multiple deals and due diligence streams simultaneously
  • Communicate effectively with management teams and stakeholders
  • Leverage insights and experience to enhance the investment process

Benefits

  • Comprehensive health, dental, vision, and pharmacy coverage
  • Retirement plan options and health savings accounts
  • Flexible spending accounts and commuter program
  • Employee assistance program and life/disability insurance
  • Support for professional development, including tuition/CFA reimbursement
  • Paid time off policies including holidays, sick, and vacation days
  • Options for back-up childcare and adoption assistance
Full Job Description
We are seeking a highly motivated and results-driven Associate to join our Venture Growth Evergreen (VGE) team to focus on secondary transactions in our New York office. The firm has been investing in private markets since 2003 and launched its first dedicated private capital fund in 2014. Today, the privates team manages approximately $11 billion in assets and it is the fastest growing investment group within Wellington. Venture Growth Evergreen is a new strategy focused on investing in a highly diversified portfolio of growth and venture stage businesses in a perpetual vehicle targeting the wealth management channel. Private wealth is one of the fastest growing segments of the private equity market from a fundraising perspective, and evergreens have emerged as the vehicle of choice for the channel. These vehicles require a unique skill set and ability to underwrite a high volume of transactions across multiple sectors, strategies, and size ranges. This role will be involved in all aspects of the investment sourcing, underwriting, and execution process, with a core focus on deal-level modeling and underwriting for a broad set of investment across growth/venture secondary transactions. The VGE secondary strategy will include investments in LP transactions, GP-leds and secondary directs. The ideal candidate will be capable of executing in a fast-paced environment and able to prioritize key focus areas in a dynamic investment process. They will also be passionate about private markets more broadly and interested in getting exposure and understanding of broad set of industries and investment strategies. We expect this individual to leverage his or her insight and experience during the investment process, while working closely with others across our Private Investments team and the broader Wellington investment platform. ESSENTIAL SKILLS The following essential skills are required for the role: Analytical acumen, modeling, research 6The ideal candidate will have strong financial modeling skills and demonstrated analytical capabilities and an eagerness to apply their expertise in support of secondary deals for VGE. The ability to synthesize disparate information during the diligence process, identify the most important elements, and translate findings into clear and concise materials is required. Agility and flexibility The candidate should enjoy working in a fast-paced environment and will need the ability to move seamlessly across workstreams, managing multiple deals and diligence streams simultaneously. Excellent communication skills The ability to clearly communicate through verbal and written materials is critical when interacting with management teams, collaborating with internal and external partners, and drafting investment memos and other documents. Superior collaboration and influencing skills The candidate will be a self-directed, hard-working team player, who contributes to the investment efforts of VGE and the broader Private Investing platform. The successful candidate will enjoy contributing to a highly collaborative investment environment and will build strong trusting relationships internally across teams internally. Passion The candidate will have deep interest in secondaries investing, and intellectual curiosity across industries and investment types. They will also have interest in wealth-oriented products and more complex investment vehicles like evergreen funds. OTHER QUALIFICATIONS A successful candidate will have the following qualifications: 3-5+ years of relevant experience in secondary investing, with a preference for experience across LP, GP and secondary direct transactions. A track record of investing in growth & venture secondaries is preferred. Demonstrable ability to work both independently and to collaborate with experienced, cross-functional deal teams Strong financial modeling skills, confidence to build financial models from scratch and identify the correct drivers le ability to work both independently and to collaborate with experienced, cross-functional deal teams Strong work ethic, attention to detail and problem-solving skills Strong interpersonal skills and experience in a team-based, results-oriented environment Independence of thought, high degree of intellectual curiosity, and an entrepreneurial nature CFA charter holder or progress towards CFA preferred Not sure you meet 100% of our qualifications? Thats ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds. At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry.We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is: USD 80,000 - 150,000 This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process. Base salaryis only one component of Wellingtons total compensation approach. Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally. Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence,paid holidays, volunteer, sick and vacation time) We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

About Wellington Management

Wellington Management is a global investment management firm that provides services to institutional clients, including pension funds, endowments, and foundations. The company was founded in 1928 and is headquartered in Boston, Massachusetts. Wellington Management offers a range of investment strategies, including equity, fixed income, and alternative investments. The company has offices in North America, Europe, Asia, and Australia, and manages over $1 trillion in assets. Wellington Management is known for its research-driven approach to investing and its commitment to responsible investing.
Learn more about Wellington Management
Size
2,500 employees
Industry

Similar Jobs

More Jobs at Wellington Management

More Finance & Insurance Jobs

Find similar Associate, Secondaries, Venture Growth Evergreen jobs: