Investment Banking Analyst, Secondary Advisory

Solutions for Today’s Challenges. Vision for Tomorrow’s Opportunities. Join William Blair, the Premier Global Partnership.

William Blair is the premier global partnership providing advisory services, strategies and solutions to companies, investors and institutions worldwide. Our Private Capital Advisory (PCA) team advises leading alternative asset managers and institutional investors across all asset classes. Within PCA, the Secondary Advisory team advises clients on a broad range of liquidity solutions, including GP-led secondaries, continuation vehicles, portfolio transactions, fund restructurings and other private capital advisory engagements.

Analysts play an integral role in transaction execution and business development, working directly with senior bankers, private equity sponsors, institutional investors and management teams on complex and highly strategic transactions within the private markets ecosystem.

At William Blair, Analysts are trusted contributors from day one. Our entrepreneurial culture, collaborative environment and commitment to professional development create an exceptional platform for building a career in investment banking and private markets advisory.

What differentiates William Blair:
Meaningful responsibility and ownership from the outset. Direct exposure to senior bankers, general partners (GPs) and limited partners (LPs). Experience across some of the fastest-growing areas of private capital markets. An independent partnership culture focused on collaboration, integrity and long-term client relationships. Extensive training, mentorship and career development opportunities. Exposure to private equity, private credit, infrastructure and real assets markets.

A collaborative and entrepreneurial environment that encourages initiative and intellectual curiosity.

As an Investment Banking Analyst within the Secondary Advisory team, you will support all aspects of transaction execution and business development activities across a variety of private market liquidity solutions. You will conduct financial and strategic analyses, develop valuation materials, support due diligence processes, prepare client presentations and participate in transaction execution across a broad range of secondary market advisory engagements.

The role offers extensive exposure to private equity sponsors, alternative asset managers and institutional investors while developing a strong foundation in corporate finance, valuation and private markets. Successful candidates will demonstrate strong analytical abilities, attention to detail, intellectual curiosity and an interest in private markets and alternative investments.

• Transaction Execution
  • Perform detailed financial and valuation analyses to support secondary market transactions, continuation vehicles, portfolio sales and liquidity solutions.
  • Assist in the preparation of transaction marketing materials, management presentations and investor communications.
  • Support due diligence processes by analysing fund, portfolio company and transaction data.
  • Develop and maintain financial models to evaluate transaction alternatives, portfolio performance and valuation outcomes.
  • Assist with transaction process management and coordination among clients, investors and advisers.
  • Identify transaction risks, key findings and areas requiring additional analysis.
• Secondary Advisory Sector Analysis
  • Develop an understanding of private equity, growth & venture, private credit, infrastructure and real asset investment strategies.
  • Analyse portfolio company performance, valuation trends and private market transaction activity.
  • Monitor private market fundraising, liquidity and secondary market developments.
  • Conduct market research to support transaction execution and business development efforts.
  • Evaluate industry trends impacting institutional investors, fund managers and portfolio companies.
• Client & Business Development Support
  • Assist in preparing pitch materials, market updates and client presentations.
  • Support senior bankers in evaluating strategic alternatives and liquidity solutions.
  • Participate in client meetings, internal…