Title: Analyst, LP-Led Secondaries
Reports to: Senior Associate
Experience: 0-2 years of investment banking, private equity, investment management, public accounting, or strategy consulting experience. Recent college graduates with demonstrated interest in finance and relevant internship experience will also be considered.
Education: Undergraduate degree from a leading college or university preferably with a major in Finance, Economics, or another related field (please include GPA and standardized test scores on resume).
Skills: Microsoft Office Suite
Timing: June 2027
Company Overview:
Kline Hill Partners (“Kline Hill”) invests in private equity funds, private equity-backed companies and other opportunistic transactions primarily by providing liquidity to existing investors via transaction sizes substantially smaller than are typical in the private equity secondary market. Kline Hill seeks to deliver superior risk-adjusted returns by focusing on what it considers to be the least efficient segments of the secondary market to build a broadly diversified portfolio of assets acquired at discounts to their intrinsic value. Kline Hill believes there is a substantial annual volume of these “small-deal secondary” transactions that is underserved by both large and small secondary funds. Kline Hill manages over $7.9 billion in assets across a range of investment vehicles and is currently investing out of its fifth fund series.
Kline Hill strives to operate a best-in-class secondaries platform with an institutional approach in areas such as transaction sourcing, deal team staffing, due diligence, finance, operations, information technology, compliance, independent oversight, attention to culture and investor relations.
Responsibilities:
The Analyst’s principal responsibility is to assist the secondary private equity investment team in conducting due diligence and with basic deal support, including research, analysis, financial modeling and valuation, with specific responsibilities including:
- Support deal teams with company and fund-level research
- Create and maintain portfolio models and other analytical tools utilized to evaluate portfolio performance, cash flows and liquidity
- Review underlying manager quarterly reports to identify potential portfolio sales, restructurings or other investable events
- Analyze the long-term viability of portfolio companies, the market for their products/services, financing needs and exit options
- Value equity ownership in PE-backed companies
- Participate in deal meetings to determine price, structuring and negotiation tactics
- Prepare investment analysis for presentation to Kline Hill’s investment committee
- Undertake a variety of strategic and research-oriented projects
Job Skills and Abilities:
- Should possess a strong work ethic, exceptional analytical ability and a high level of attention to detail
- Self-starter that will thrive in an entrepreneurial and small team environment
- Strong communication skills, both written and verbal
- Understanding of financial statements, financial analysis and capital structures
- Demonstrated interest in private equity and investment management, financial analysis and valuation techniques
- Experience in financial modeling and forecasting (preferred)