Sr. Direct Private Investment Associate

Key Responsibilities Strategy & Platform Build-Out

• Design and implement the end-to-end framework for the direct investment opportunities (primary and secondary), including sourcing and evaluating different strategies, product structures, execution workflows, governance, and reporting.
• Define the target universe of Direct investment opportunities (e.g., late‑stage growth companies, unicorns, dual‑track IPO candidates) and eligible transaction types (direct secondaries, structured vehicles, SPVs, feeder structures, funds, bespoke mandates).
• Establish investment guidelines, eligibility criteria, concentration limits, liquidity assumptions, and exit frameworks.
• Develop scalable operating processes covering onboarding, execution, custody, valuation, and lifecycle management of direct investments.

• Source proprietary and platform‑based Pre‑IPO opportunities through relationships with:
  • Secondary market platforms
  • Venture capital and growth equity firms
  • Investment banks and private placement agents
• Evaluate primary vs. secondary opportunities and negotiate transaction terms, pricing, and allocations.
• Navigate issuer consent requirements, shareholder agreements, transfer restrictions, and information rights.

• Lead comprehensive Direct investment due diligence processes, including:
• Company fundamentals, business model, and competitive positioning.
• Financial performance, unit economics, and growth sustainability.
• Cap table analysis, dilution scenarios, and preferred vs. common equity dynamics.
• Legal and structural review of shareholder agreements, ROFR provisions, lock‑ups, and transfer restrictions.
• IPO readiness assessment, exit scenarios, and downside risk analysis.
• Oversee valuation methodologies for illiquid private assets and challenge pricing assumptions in secondary transactions.
• Coordinate with Legal, Compliance, Risk, and external advisors to ensure investment robustness and defensibility.

• Structure transactions using appropriate legal and tax‑efficient vehicles (SPVs, funds, notes, or bespoke mandates) aligned with client profiles and jurisdictional considerations.
• Manage execution workflows from term sheet through settlement, including coordination with custodians, administrators, and external counsel.
• Ensure clear documentation of risks, liquidity constraints, valuation uncertainty, and exit timing.

• Establish a robust governance framework consistent with U.S. regulatory requirements and internal private banking standards.
• Partner closely with Risk and Compliance teams to define approval processes and escalation protocols.

• Act as the Bank’s internal specialist on direct investments and private secondary investing.
• Support Private Bankers and Investment Advisors through:
  • Training and education on Direct investments
  • Development of client‑facing materials, investment memos, and risk disclosures
  • Participation in client meetings, investment committees, and bespoke mandate discussions
• Translate complex Direct investment structures and risks into clear, client‑appropriate narratives for UHNW audiences.

• Monitor performance, valuation updates, corporate actions, and liquidity events across the relevant portfolio.
• Provide regular reporting to senior management, including pipeline, allocations, performance, and risk metrics.
• Track market trends, transaction pricing, and liquidity conditions in secondary private markets.

• Minimum 5–10 years of professional experience in:
  • Direct Investments and secondary markets
  • Private equity / growth equity
  • Venture capital
  • Capital markets or alternative investments
• Direct, hands‑on experience with secondary Direct investments
  , including negotiation, execution, and settlement.
• Prior experience at or in close collaboration with private market platforms or similar private market intermediaries.
• Demonstrated expertise in:
  • Right of First Refusal (ROFR) mechanics
  • Share transfer restrictions and issuer consent processes
  • Pre‑IPO lock‑ups and post‑IPO liquidity dynamics
• Strong familiarity with U.S. equity markets and private…