Private Equity Investment Professional

Bessemer is seeking a thoughtful, inquisitive investment professional with private markets investment experience to join its Private Equity team. This team is primarily responsible for allocating the capital of our private equity-dedicated partnerships on behalf of clients. This individual will work closely with colleagues on new investment activities, as well as monitoring, analyzing, and reporting on existing investments, which include funds, co-investments, and direct investments. This role is expected to include significant interaction with Bessemer colleagues, clients, and external managers.

 

Primary Responsibilities:

• Source, screen, and diligence compelling fund, co-investment, and direct investment opportunities offered by institutional-quality private equity managers, including preparing investment committee materials and presenting findings and recommendations
• Conduct careful and thoughtful investment research and fundamental analysis that considers the future of global economies and capital markets
• Interpret and build quantitative models to support decision making and presentations related to transactions, portfolios, and reporting
• Coordinate with operational due diligence, legal, finance, and tax teams to support investment due diligence
• Monitor day-to-day activities of a subset of funded managers within Bessemer's private equity program
• Contribute to investor-related reporting and client and advisor communications, including presentations, performance updates, and marketing materials
• Network and develop lasting relationships with external managers, intermediaries, limited partners, and other leaders in the field of private markets
• Interact occasionally with clients and frequently with colleagues across Bessemer
• Travel for and participate in managers’ annual general meetings, onsite due diligence meetings, and industry conferences and events

 

Qualifications:
• Bachelor's degree required
• Master’s degree and industry-related certifications (CFA, CAIA) a plus
• 4 to 7 years of relevant investment or related experience, including at least 2 to 3 years of experience researching managers in private markets
• Demonstrated investment experience preferred in buyout, growth equity, and/or venture capital
• Knowledge of the private equity manager universe preferred
• Co-investment or direct investment underwriting experience preferred with demonstrated quantitative skills, valuation analysis, and transaction modeling experience
• Effective communicator with excellent written and oral communication skills
• Collaborative team member who works with colleagues to achieve organizational goals; supports final group decisions, even when such decisions may not reflect own position; and shares credit for team accomplishments
• Demonstrates professionalism, integrity, accountability, and ability to multitask and observe deadlines
• Research and tech savvy; strong proficiency in Microsoft suite; familiarity with financial and record management tools such as Burgiss, Cobalt, Dynamo, FactSet, PitchBook a plus

 

The base salary range for this position is $125,000 - $160,000. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range. In addition, this position may be eligible for a discretionary incentive based on individual and company performance. Eligible employees may participate in a 401 (k) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability coverage and paid holidays, vacation, and sick days.

 

About Bessemer Trust:

Bessemer Trust is a family office, overseeing more than $200 billion in assets for over 3,100 individuals and families of substantial wealth. Its more than 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

 

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

 

Bessemer Trust retains its original focus as a privately owned and independen