Job Opportunity
Director – Private Equity
MetLife | Whippany, NJ
Job Summary
Source and track new opportunities with external investment managers in private equity funds and equity co-investments. 8+ years of experience in due diligence, selection, monitoring and management of private equity fund or direct investments, with significant experience in Venture Capital primary commitments and direct investments preferred.
Details
The Team You Will Join
MetLife Investment Management
Based in Whippany, New Jersey, MetLife Investment Management (“MIM”) is one of the largest institutional investors and asset managers in the world, with over $630 billion in combined managed assets. MIM has been ranked a “Best Places to Work in Money Management” by Pensions & Investments for five consecutive years and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 850 dedicated professionals with experience and expertise in all asset classes, with a strength in public and private fixed income and private assets, including private equity and real estate. Visit us at www.metlife.com/investments to learn more.
The Opportunity:
MIM seeks a Director to join our Alternatives/Middle Market Private Capital (“Alts/MMPC”) team. The Director position is a unique opportunity to work directly with a 25-person team managing over $24 billion of assets on behalf of MetLife’s general account as well as affiliated and unaffiliated investors. MetLife’s Alts/MMPC team portfolio has a three-fold mandate: (i) primary fund commitments across global private equity (buyout, venture, special situations, etc.), (ii) equity co-investments alongside private equity sponsors, and (iii) senior and junior lending to North American sponsor-backed portfolio companies.
How You’ll Help Us Build a Confident Future (Key Responsibilities):
* Source and track new opportunities with external investment managers in private equity funds and equity co-investments; lead the fund due diligence including review of data room, detailed portfolio review & analysis, and fundamental research of portfolio holdings as well working with legal department on the LPA / legal document review.
* Lead the preparation of investment memos and presentations for the investment committee.
* Meet with existing Private Equity sponsors to monitor and track the performance of existing investments, understand team / organizational / strategy changes and receive general updates on the state of the markets and potential investment opportunities.
* Conduct market research and stay updated on industry trends / developments including assisting in completion of sector reviews for various Private Equity portfolio segments.
* Analyze and monitor existing portfolio relationships through annual meeting attendance and detailed review of quarterly reports
* Train, mentor and onboard junior staff members.
* Maintain and update financial models and databases.
What You Need to Succeed (Required Qualifications):
* Minimum of 8 years of experience in due diligence, selection, monitoring and management of private equity fund and/or direct investments, with significant experience in Venture Capital primary commitments & direct investments preferred.
* Strong analytical, quantitative, and interpersonal skills with ability to work independently and in a fast-paced, collaborative team environment.
* Proactive, detail-oriented individual with keen focus on performance and results.
* Excellent written and oral communication, and presentation skills.
* Proficiency in Microsoft Office Suite, particularly Word, Excel and PowerPoint.
What Can Give You an Edge (Additional Skills)
* Bachelor’s degree in Finance, Accounting, Economics, Engineering, or similar analytical/quantitative field;
* MBA or Masters and/or CFA is highly desirable.
Click here for details on this job
- Job Reference #: 14515
- Compensation: $ 180,000
- Min Experience: 8 years