Investment Vice President, Private Equity Funds and Co-investments (Newark)

Job Classification:
Investment Management - Investments

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with over $1.5 trillion of assets under management, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century.

Prudential Select Strategies LLC (PSS), a registered investment adviser, is a unit of the Global Chief Investment Office, which conducts asset and liability management and portfolio construction for all of Prudential's domestic and international business operations. PSS is responsible for managing over $17.9 billion in assets, comprised of private equity, hedge funds, real estate and other investments in alternative credit and direct lending strategies.

PSS is seeking a senior investment professional to join its Private Equity team, who will support asset manager selection, due diligence and monitoring investments in buyout, growth, venture, mezzanine and distressed funds, as well as selective co-investments on behalf of the insurance general accounts. In this role, the candidate will support both internal and external asset manager relationships.

The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

Lead all aspects of the investment sourcing, diligence, and execution process for primary fund investments and co-investments;
Work with in-house Legal team on legal review and side letter negotiations for fund investments and co-investments;
Actively monitor assigned GP relationships including serving on LP advisory committees as needed;
Perform ongoing investment and portfolio monitoring, analysis and reporting;
Work with operations, accounting, tax and legal departments as part of the investment due diligence and execution process;
Conduct market, industry and strategy research and be informed about current and developing sector trends as well as support related analytical projects;
Work with portfolio managers to optimize Prudential's private equity portfolio.

What you'll need:

8+ years of relevant investment experience; diligence and execute private equity funds and co-investments, leveraged finance/banking, credit underwriting required
Asset manager selection and due diligence experience required
Strong analytical and modeling skills
Strong interpersonal, relationship management, verbal, written communication skills
Strong project management skills and ability to manage multiple projects simultaneously
MBA or equivalent degree and/or CFA a plus

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $220,000 to $250,000 . Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level .
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave .
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.

If you need an accommodation to complete the application process, please email [email protected] .

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance . #J-18808-Ljbffr