Associate (Equity) - London, United Kingdom - USS

USS

Verified Company

London, United Kingdom

3 days ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Place of Work:
London
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Contract Type: Permanent
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Hours: n/a
********The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we're one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we're entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.

The Private Markets Group (PMG) consists of a 60+ person team that oversees c. £30 billion in assets across a fast-growing and diverse portfolio of private equity, infrastructure, private credit and property investments on behalf of the Universities Superannuation Scheme (USS). By operating as a single team, with individual areas of specialism and expertise, PMG is able to combine its resources through a "OnePMG" approach to investing which allows us to maximise origination, due diligence, transaction execution and asset management by tailoring the right mix of skills.
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Capable of deploying capital across the full range of private market investing (direct, joint ventures, partnerships, co-investments and funds), and with in-house asset management and strategy teams complementing our investment function, PMG has developed a strong track record of innovation that is frequently recognised by our peers across equity, credit and property and, as one of the UK's pre-eminent private markets' investors, PMG often partners with many of the largest, most respected global financial institutions.

PMG's portfolio includes ownership of some of the UK's largest and most recognisable private companies including Heathrow Airport, Thames Water and Moto and, through its holdings, is an established presence in the UK renewables sector. We also hold governance positions through our investments in a range of companies located across the EU, North America and Australia with exposure across different industries and sectors.

Being part of the UK's largest pension scheme and serving the needs of USS and its members, PMG takes its role as a responsible investor seriously and is committed to adopting and promoting strong ESG credentials across its investments.
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Our purpose

Working with Higher Education employers to build a secure financial future for our members and their families.
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The role

The role will give the Associate the opportunity to participate in all aspects of the investment process across a mix of direct investment, co-investment and fund investments and will encompass the full breadth of infrastructure and private equity activity across origination and structuring of transactions to asset management and portfolio monitoring.
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Key responsibilities
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As part of the direct equity and private equity funds investment team, working across multiple transactions, your responsibilities will include:

Contributing and supporting origination activities across themes and sectors with targeted research and analysis;:

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Liaising with potential targets and monitoring existing investee companies and investment managers;:

Supporting preparation for meetings with management teams and key stakeholders;:

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Investment due diligence (quantitative modelling and qualitative analysis of investment and divestment opportunities including preparation and review of due diligence, structuring and valuation and returns analysis);:

Supporting legal workstreams, including transaction documentation:

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Co-ordinating external advisors including investment banks, General Partners (GPs), external counsel and other advisers:

Co-authoring of Investment Committee papers and, subsequently, contributing to presenting these materials at Investment Committee; and:

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Collaborating with internal stakeholders including responsible investment, tax, investment legal, operational due diligence, risk and compliance:

Initiate and build relationships across advisory network and with investment professional peers:

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Assist asset management activities across the Direct Equity and Private Equity Funds portfolios including interaction with GPs and review of their fund performance, interaction with senior management at investee companies and attendance at shareholder, board and investor meetings, monitoring of company performance and participation in value add and transformation activities
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Your experience
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Undergraduate degree or equivalent:

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Post-graduation experience with a background in or serving financial services, ideally in an investment or advisory context (investment management, investment banking, corporate finance, accounting, ratings agency, law or consulting):