Job Opportunity
Associate
Ariel Alternatives | New York, NY
Job Summary
Support all aspects of the private equity investment process. Bachelor’s degree, demonstrating superior academic performance. High performer with 18+ months prior relevant work experience in private equity, investment banking or related fields.
Details
Firm Overview
Ariel Alternatives, LLC is a private asset management firm affiliated with Ariel Investments, LLC. Ariel Alternatives is an enterprise newly conceived for the times and built on a four-decade-old foundation. We are on a mission to scale sustainable, market-leading, minority-owned businesses in high growth sectors, to solve Fortune 500 vendor diversity pain points while driving attractive private equity returns.
Co-Founders Leslie Brun and Mellody Hobson share a desire to make a positive impact by investing in the world they want to see. Every individual on the team – at all levels – plays a role that is critical to our firm’s success. We seek subject matter experts who are unapologetically themselves. We encourage our teammates to reach their full potential and give them the runway, support, and resources to succeed.
For more information, please visit https://www.arielalternatives.com/.
Position Summary
We are seeking a highly motivated Associate to support all aspects of the private equity investment process. Responsibilities include supporting the team with deal sourcing, underwriting, executing platform and add-on acquisitions, structuring and implementing value creation strategies. In addition, this role involves collaborating across functions to help deliver on the firm’s unified vision.
This is an opportunity where an MBA is not required for advancement. The ideal candidate will demonstrate intellectual curiosity, a history of leadership, and a desire to work in a fast-paced, lean environment. We are an entrepreneurial, expanding firm, offering clear career progression path for strong performers. The firm maintains an inclusive and collaborative culture, and the new hire will have the opportunity to play a pivotal role in shaping it.
This position is based in our New York City office with a hybrid work model. The role is initially for 2 years, with the possibility of a third-year extension based on individual performance and team needs.
Responsibilities:
Deal Sourcing and Screening
* Support efforts to identify and evaluate potential investment opportunities
Investment Analysis
* Conduct rigorous financial analysis, market research and strategic assessments to support informed investment decision-making
Transaction Due Diligence
* Collaborate with the senior investment professionals to conduct thorough due diligence, encompassing financial, commercial, operational and legal assessments
Investment Committee Support
* Assist in preparing detailed investment memoranda
* Participate in investment committee meetings, providing analytical support
Portfolio Company Management
* Help manage and monitor portfolio companies, supporting add-on acquisitions, corporate finance activities, operational initiatives and quarterly valuations, among others
Marketing and Communication
* Contribute to developing marketing materials and communications for the limited partners, co-investors, debt providers and other relevant stakeholders
Ad-hoc Projects
* Assist with projects related to marketing and limited partner communications as needed
Culture
* Make a positive impact by being a supportive team member and effective project manager, fostering a cooperative and supportive work environment
Qualifications:
Education
* Bachelor’s degree, demonstrating superior academic performance; all majors considered
Experience
* High performer with 18-24 months prior relevant work experience in private equity, investment banking or related fields
* Experience in B2B supply chain sectors such as financial services, professional services, business process outsourcing, IT services, or energy/utility services is preferred, but not required
Skills
* Strong grounding in accounting, finance, capital markets and quantitative analysis
* Proficiency in building and interpreting complex financial models, including mastery of three-statement financial modeling
* Solid understanding of debt and equity capital structures
* Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint
* Excellent communication and interpersonal abilities
Attributes
* Highly motivated, with a strong passion for investing
* Committed to social impact and diversity initiatives
* Team-oriented yet capable of independent work
* Able to thrive in a fast-paced environment and manage multiple deadlines
* Organized, detail-oriented and adept at multitasking
* Willing to travel domestically 15-20% of the time
Key Characteristics
* Strong Work Ethic
– Demonstrates initiative and a proactive approach to responsibilities, taking ownership of projects but also asking for help as needed
– Requires minimal supervision
* Intellectual Curiosity
– Exhibits a desire for continuous learning and poses insightful questions
* Entrepreneurial Spirit
– Identifies opportunities for value creation and embraces new challenges
* Collaborative Mindset
– Works well within teams, contributing positively to a culture of inclusion and collective problem solving
* High Standards of Integrity and Ethical Conduct
– Maintains ethical behavior
– Acts with integrity in all professional responsibilities
Click here for details on this job
- Compensation: $ 150,000
- Min Education: BA/BS
- Min Experience: 1 years