Buyout Co-Invest Senior (Private Equity)

About Northern Trust:

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.  

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Role Summary

50 South Capital (www.50southcapital.com) is the alternatives  investment group within Northern Trust, one of the world’s largest asset management firms, with over $1.3 trillion in assets under management. 50 South Capital’s private equity group makes primary, secondary, and direct co-investments in buyout, venture capital, and private credit funds and companies in the U.S., Europe, and Asia. The team has extensive experience investing in the industry and has been led by its founding partners since 2000. The Firm oversees over $14.5 billion in assets and is experiencing rapid growth.

The 50 South Capital Co-Invest Senior Professional will work directly with other members of the 50 South Capital private equity investment team to source, evaluate, underwrite, execute, and monitor direct buyout co-investments. The selected candidate will exhibit strong investment analytical abilities as well as strong interpersonal skills. We are seeking candidates with excellent academic achievements, 10-15+ years of relevant industry experience, and advanced skills in the sourcing and due diligence process for direct co-investments.

Primary Duties and Responsibilities

• Working directly with other team members to source co-investment opportunities from buyout managers in the US and Europe.

• Reviewing new investment opportunities and assisting in all aspects of the due diligence process for direct equity co-investments.

• Leading and directing the co-investment process and coordinating with various participants, including the sponsor, legal advisors, industry advisors, accountants and other various constituencies.

• Communicating thoughts and opinions on opportunities in a succinct, effective way, including identifying the key strengths and risks, and determining how certain information will be presented.

• Participating in the preparation of diligence materials as well as assisting with the creation of Investment Committee Memorandums.

• Participating in fundraising activities, including identification of prospective investors, participation in fundraising meetings, and working with partners, clients and investors in the entire fundraising process.

• Monitoring the overall performance of our investments, participating in the creation and presentation of materials for quarterly portfolio reviews.

• Demonstrating accountability, initiative, trustworthiness, a dedication to teamwork, a positive attitude, and thoughtful judgment.

• Maintaining an ongoing dialogue and relationship with buyout firms including attendance in update calls, in-person meetings, and annual meetings. The position requires travel.

• Representing 50 South Capital in an exemplary fashion to external industry participants in order to develop the Firm’s brand reputation in the market.

Necessary Experience, Education, Skills and Experience

• 10-15+ years of experience within private equity, investment banking, transaction advisory services, leveraged finance, consulting, public accounting or corporate finance.

• Bachelor's degree and masters degree/MBA with a major in business, finance, accounting, or economics preferred.

• High attention to detail and strong work ethic.

• Excellent interpersonal skills, ability to work within a collegial, team environment.

• Strong communication skills, both written and oral.

• Highly-developed analytical ability, curiosity.

• Ability to prioritize workload and to work on a number of projects concurrently.

• Strong business and interpersonal judgment skills with ability to assess both the qualitative and quantitative aspects of an investment.

• Knowledge of basic financial analysis and the valuation of private companies.

• Highly proficient in Word, Excel and PowerPoint.

Salary Range:

$239,900 - 419,700 USD

Salary range is a good faith estima