Associate, VGE

Venture Growth Evergreen Associate

We are seeking a highly motivated and results-driven Associate to join our Venture Growth Evergreen (VGE) Team in our New York or Boston office. The firm has been investing in private markets since 2003 and launched its first dedicated private capital fund in 2014. Today, the privates team currently manages approximately $9 billion in assets and it is the fastest growing investment group within Wellington. Venture Growth Evergreen is a new strategy focused on investing in a highly diversified portfolio of growth and venture stage businesses in a perpetual vehicle targeting the wealth management channel. Private wealth is one of the fastest growing segments of the private equity market from a fundraising perspective, and evergreens have emerged as the vehicle of choice for the channel. These vehicles require a unique skill set and ability to underwrite a high volume of transactions across multiple sectors, strategies, and size ranges.

This role will be involved in all aspects of the investment sourcing, underwriting, and execution process, with a core focus on deal-level modeling and underwriting for a broad set of investment across the growth equity and venture capital ecosystem. They will also be involved in assisting the portfolio management process including sizing of positions, liquidity management / stress testing and ongoing oversight of the portfolio.

The ideal candidate will be capable of executing in a fast-paced environment and able to prioritize key focus areas in a dynamic investment process. They will also be passionate about private markets more broadly and interested in getting exposure and understanding of broad set of industries and investment strategies. We expect this individual to leverage his or her insight and experience during the investment process, while working closely with others across our Private Investments team and the broader Wellington investment platform.

Essential skills for the role include :

• Analytical acumen, modeling, research The ideal candidate will have strong financial modeling skills and demonstrated analytical capabilities and an eagerness to apply their expertise in support of VGE. The ability to synthesize disparate information during the diligence process, identify the most important elements, and translate findings into clear and concise materials is required.
• Agility and flexibility The candidate should enjoy working in a fast-paced environment and will need the ability to move seamlessly across workstreams, managing multiple deals and diligence streams simultaneously.
• Excellent communication skills The ability to clearly communicate through verbal and written materials is critical when interacting with management teams, collaborating with internal and external partners, and drafting investment memos and other documents.
• Superior collaboration and influencing skills The candidate will be a self-directed, hard-working team player, who contributes to the investment efforts of VGE and the broader Private Investing platform. The successful candidate will enjoy contributing to a highly collaborative investment environment and will build strong trusting relationships internally across teams internally. VGE sources the majority of its opportunities from other internal strategies, so the ability to collaborate and build trust across multiple investment teams is crucial.
• Passion The candidate will have deep interest in growth and venture investing, and intellectual curiosity across industries and investment types. They will also have interest in wealth-oriented product and more complex investment vehicles like evergreen funds.

Other qualifications for the role include :

Not sure you meet 100% of our qualifications? That's ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law.

Base salary range for this position is USD 100,000 - 225,000. This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education. This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process. Base salary is only one component of Wellington's total compensation approach. Other rewards may include a discretionary Corporate Bonus and / or Incentives, if eligible. In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families, and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.