Associate​/Sr. Associate, Private Equity & Mezzanine - Aegon AM

Overview

Aegon Asset Management (Aegon AM) is a leading global investor. Our 365 investment professionals manage and advise on assets of US $351 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business.

Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas. We are an international business:
Our 1,125 employees work from 14 locations across Europe, the Americas and Asia, with a commitment to responsible investment.

This position resides within the growing Private Equity team and will be responsible for helping construct and manage portfolios to meet client goals for attractive risk-adjusted higher returns within the alternative asset classes. This includes sourcing North American based managers within the leveraged buyout (LBO), secondary, growth equity, direct lending, mezzanine, distressed and infrastructure spaces, as well as identifying and evaluating new asset classes that may be appropriate for client portfolios.

The position will also be heavily involved in sourcing and underwriting secondary opportunities and equity co-investments alongside managers. The Senior Associate or Associate would join the current four person Aegon AM Private Equity & Mezzanine team based in Baltimore, MD and be involved in all aspects of the investment process including asset allocation, portfolio construction, manager and co-investment sourcing, manager and co-investment selection and due diligence, and portfolio monitoring – as well as client communication.

This program may be a good fit for pre-MBA candidates looking for 2-3 years of private equity work experience. Strong performers may be promoted to a career track position and awarded carried interest as available/appropriate over time.

• Manage and execute multiple aspects of the investment process on potential private asset funds, co-investments and secondary investments, including sourcing, due diligence, in-depth financial modeling, preparing investment recommendations and memos, and presenting to the investment committee and/or senior portfolio managers.
• Negotiate and execute transactions with a degree of independence. Collaborate with legal and operations departments to ensure proper execution of limited partnership agreements, capital calls and distributions.
• Make recommendations on amendments, consents and other ongoing partnership maintenance.
• Monitoring of managers and portfolio investments, including writing reports and attending/participating in manager investor meetings.
• Maintain and develop relationships with general partners, agents, bankers, and other intermediaries.
• As appropriate, engage with other groups within Aegon AM to help source and diligence investment opportunities.
• Work travel opportunities.

• At least one year of experience for the Associate position; three plus years for the Senior Associate position of direct investment, secondary, lending, M&A, investment banking, financial due diligence, FP&A, or accounting experience that includes financial modeling & analysis.
• Bachelor’s degree in Finance, Accounting, Economics, Mathematics or related field.
• Intellectually curious and highly self-motivated with exceptional written and oral communication skills.
• Strong analytical and financial modeling skills.
• Creative and independent problem-solving abilities.
• Excellent interpersonal skills, including the desire and ability to interact with general partners, clients and external parties.

• Preference will be given to candidates with experience executing private equity secondary investments, direct investments, and/or co-investments.
• Knowledge and experience within the private equity community.
• Bachelor's degree from a top-tier institution with a strong GPA and a demonstrated history of academic and/or community…