Unigestion, the Swiss boutique asset manager, is seeking a mid-level executive to originate and execute primary and secondaries investments from its US office.
Based in Jersey City, the successful candidate will be expected to build a strong network of North American private equity managers, intermediaries and limited partners, and use these contacts to make investments in “the best… as well as lesser known” funds and source secondaries opportunities, the advertisement notes.
They will also be involved in carrying out due diligence on investments, including referencing, modelling and preparing documentation for direct and secondaries deals.
The new hire will also be expected to monitor the performance of investments by attending annual meetings and writing monitoring reports, among other duties.
The successful candidate will have between five and 10 years of private equity, investment banking, management consultancy or investing experience, including more than three years’ experience in North American private equity fund investing. They will either take the title of associate or vice-president, dependent on experience.
They must also enjoy travelling, the advertisement emphasises.
Unigestion manages $25.9 billion in assets across equities, multi-asset investing, private equity and alternatives, the firm notes on the ad, around a quarter of which is dedicated to private equity.
Its private equity business is spread across fund of funds, secondaries, separately managed accounts and as of last year buyout strategies, with the close of its first direct blind-pool private equity fund on €255 million.
In late December the firm hit final close on Unigestion Secondary Opportunity Fund IV on its €300 million target, Secondaries Investor revealed. It had been in the market since April 2016.