Private Equity Associate

About Shea Ventures

Based in Los Angeles, Shea Ventures directs and makes alternative investments for the Shea family, which include direct private equity investments in early stage companies and lower middle market companies. Shea Ventures manages over $1 billion on behalf of the Shea family.

Shea Ventures is an entrepreneurial organization with a three-person investment team responsible for all its day-to-day investment activities. We seek to add an Associate for a very exciting and unique opportunity to gain experience and to build a career with Shea Ventures as we expand its direct investment activity and emphasize relationships with private equity firms that offer co-investments. The duration of the program is anticipated to be two years.

The Associate will have the opportunity to participate at all levels of transaction execution, be a member of a two to three member transaction team and have responsibilities as may be assigned from time to time including, but not limited to, the following:

• Obtaining confidential investment information from referral sources and performing the initial deal screening reviews;
• Performing detailed historical financial analysis, identifying key quantitative trends and predictive analysis and building forecast scenarios;
• Performing valuation analysis and recommending capital structures to finance structured buyout transactions and/or recapitalizations with a mix of senior revolving & term debt, mezzanine debt and equity (common & preferred);
• Writing comprehensive investment memoranda setting forth the firm’s investment thesis, identifying investment risks, competitive market assessments and return variance analysis;
• Monitoring portfolio financial performance on a monthly basis and working with management teams at portfolio companies to execute add-on acquisitions;
• Organizing the firm’s due diligence process including communicating with advisors, organizing/analyzing due diligence materials and managing information flow among relevant transaction participants and capital sources;
• Traveling to companies and private equity firms to perform on-site due diligence and traveling to various industry conferences;
• Participating in the firm’s marketing activities including deal sourcing with firm relationships, investment bankers, brokers, accountants, attorneys and other professionals.

• Professional with unquestionable integrity, credibility, and character who has demonstrated high moral and ethical behavior;
• At least 2 years’ experience in investment banking, private equity or mezzanine investing, corporate cashflow lending or corporate development & finance related positions at acquisitive corporations prior to joining;
• Solid knowledge of structured finance, M&A transactions, accounting, and capital markets;
• Advanced financial modeling skills applicable to structured finance transactions, including highly-developed Microsoft Excel proficiency, rate of return, yield and amortization calculations on all levels of leveraged balance sheets;
• Persuasive and critical thinking with an acute ability to communicate in written & verbal form with conviction; comfort with a dynamic, fast-changing environment;
• Ability to communicate complex information in easy-to-understand, direct language; comfort with public speaking and interaction with senior business executives;
• Proficient internet research skills, particularly related to identifying markets, trends, and competitive dynamics across a variety of industries;
• Very ambitious, resourceful, self-directed individual who anticipates the needs of other team members, demonstrates good judgment in decision-making and can self-prioritize;
• Comfort with small office, execution-oriented environment and an attention to detail in getting work done right the first time.