Associate Director, Private Investments

Founded in 1956 by the Pew family to manage their charitable assets, Glenmede is among the nation's leading investment and wealth management firms. The company overseeing $43.6 billion of assets under management for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Florida, New Jersey, New York, Ohio, Pittsburgh and Washington, DC. For further information, please visit http://www.glenmede.com.

This position will operate in a hybrid work environment. 2-3 days per week in the office. Candidate will be based out of one of Glenmede’s offices, including Philadelphia, New York, Washington DC, and other regional Glenmede offices, and will be expected to spend time monthly and as needed in Philadelphia. This position will require ability and willingness to travel, as needed, up to 30%.

Overview:

This role is an outstanding opportunity for you to become a key member of a talented, highly experienced, growing Private Investments team. You will work with the Managing Directors to identify, evaluate, and monitor private equity, venture capital, and real assets managers as well as co-investment opportunities. You will complete projects around specific sectors, strategies, or geographies. You will develop long-term relationships with fund managers, limited partners, and intermediaries in the sector. You will meet with clients and prospects to identify and to help achieve portfolio construction objectives.

You will be joining a team of individuals who have the ambition to help Glenmede’s clients, including endowments, foundations, and philanthropic individuals, maximize the impact from their capital.

Responsibilities:

Investment sourcing and analysis. Identify, conduct due diligence on, and manage new and existing fund manager and co-investment opportunities. Lead the development of investment recommendations to the firm's investment committee. Remain current on industry trends, regulatory matters, and market events impacting funds, managers, clients, and the industry.

Networking and relationship building. Build/enhance a strong relationship network relevant to private equity. Participate in prospective and current client presentations. Support the creation of marketing materials.

Client service. Participate in prospective and current client meetings. Support the creation of presentations and various marketing materials. Serve as an internal point of contact for portfolio managers on all areas of private investing. Assist in development of new private investment products/solutions.

Firm building. Ability and willingness to contribute to the advancement of team, office and business capabilities. Other duties as required by the position.

Required Qualifications:

• Bachelor’s degree required.
• MBA with a strong academic record required.
• At least 5 years of work experience with at least 2 years in principal investing, investment banking, or strategy consulting.

Preferred Qualifications:

• Experience as a limited partner focused on fund investing or co-investing.
• Strong quantitative and qualitative problem-solving and research abilities.
• Strong verbal and written communication skills, including comfort with public speaking.
• Ability to work both independently and within the team and across the organization in a collaborative manner. Ability to network externally.
• Proficiency in Excel and ability to learn new technology quickly.

Glenmede requires our employees to be vaccinated as a condition of employment, subject to reasonable accommodation as required by law. If you are hired, we will require that you either: 1) prove that you received your Covid-19 vaccine; or 2) obtain approval for a reasonable accommodation based on a sincerely-held religious belief or disability.

Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Glenmede is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of race, color, religious creed or belief, national origin, citizenship status, ethnicity, ancestry, age, physical or mental disability, HIV Status, sex including pregnancy, childbirth, breastfeeding or medical conditions related to breastfeeding, and medical conditions related to pregnancy or childbirth, gender, sexual orientation, gender identity and/or expression including a person’s actual or perceived gender-related self-image, appearance, behavior, expression, or other gender-related characteristic, regardless of the sex assigned to that person at birth, sexual and reproductive health decisions, marital, civil union or domestic partnership status, past or present military service, alienage or citizenship status, family medical history (including pregnancy), genetic information or characteristic, family or parental status, caregiver status, status as a victim of domestic violence, an individual’s status as having a known relationship or association with a member or members of a protected category, or any other status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics.

** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.