Full job description
Business Overview:
Neuberger Berman is an employee-owned global investment management firm with $515 billion in assets under management. The private equity group of the firm, NB Private Markets, is a leading and growing investor in private markets, managing over $140 billion of client commitments since inception. The Secondary Investment group within NB Private Markets consists of approximately $22 billion in assets under management. The Secondary team purchases seasoned private equity investments from investors desiring liquidity through both traditional secondary transactions as well as GP-led secondaries.
The Secondary Fundraising/Marketing team within NB Private Markets is focused on developing and implementing the fundraising strategy for the Secondary team. The group plays a key role across the full lifecycle of the Secondary funds from formation to fundraising to managing communications with investors.
The team is seeking an Analyst dedicated to the Secondary team to help manage non-investment activities for the team. The individual will work closely with the investment, marketing, sales, legal, finance and operations teams to meet the needs of investors and prospects.
The individual will have a wide scope of responsibilities as outlined below.
Primary Responsibilities:
- Assist in managing fundraising processes
- Liaise with portfolio managers and sales force, legal, finance, and operations teams to deliver materials and respond to requests for proposals (“RfPs”), manage prospect follow-ups, as well as answer client/prospect inquiries
- Manage fundraising activity across distribution channels
- Manage capital formation activities, such as drafting legal documents, launching datarooms and creating marketing materials
- Update fund marketing materials and other ongoing prospect communications
- Provide sales with tools that they need, such as content, customized materials and education of the product
- Work closely with investment teams to provide communication and updates internally and externally during fundraising processes
- Perform quantitative analyses, benchmarking, and research
- Serve as a resource for the broader Neuberger Berman sales teams for Secondary related matters
- Handle logistics related to closings including coordination with sales, legal, subscription and clients
- Organize and coordinate onsite meetings for clients
- Manage Secondary platform data
- Track and maintain LP commitment data
- Track investment activity and performance across products
- Help manage public exposure through our annual meeting, industry conferences, databases and seminars
Experience & Skills Qualifications:
- At least 1-2 years of relevant professional experience (i.e., experience with investment banking, secondary firm, placement agent or consulting)
- Undergraduate degree in economics or finance
- Excellent academic credentials
- Ability to multi-task, team-player attitude and a desire to work on a wide range of projects and manage them effectively
- Strong organizational skills
- Remarkable attention to detail
- Strong judgment, maturity and critical thinking skills
- Excellent communication, and ability to articulate and present ideas effectively both orally and in written form
- Initiative and creativity in approach to problem solving and to be resourceful
- Exhibits strong dedication to the job and takes ownership of deliverables
- Initiative and creativity in approach to problem solving
- Ability to move quickly up the learning curve
