Private Equity Associate (London) (hybrid)

• About Us

   

  The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

   

  You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

   

  Allstate operate a very flexible hybrid working policy that will allow you to design your working week in collaboration with your manager with a blend of remote and office working for NI based employees as well as condensed working patterns (4 day week/9 day fortnight). Employees based in GB will be employed on a permanent remote working contract.

   

  Join our team and you’ll find challenge and reward in a culture of innovation, support and balance. 

   

   

  Location

   

  London

   

   

  Your role in the team

   

  Allstate’s London office is part of the Allstate Corporation based in Chicago, IL, USA. Allstate Investments manages approximately $80 billion of assets. Our goal is to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of The Allstate Corporation. Investment performance for our portfolios has consistently provided excess returns for our customers, and we attribute that success in large part to the quality of our people. The size of the investment group exceeds 300 individuals across a variety of investment disciplines including, fixed income, equities, private securities, commercial mortgages and derivative asset classes, as well as, finance and technology. We recognize that our employees are our ultimate advantage and we seek to attract and retain highly qualified individuals with strong academic backgrounds, a deep interest in investments and a desire to be challenged.

  Allstate Investments established an office in London in 2007 with a focus on making private equity investments outside the Americas, in Europe and Asia. Allstate Investments’ Private Equity Team is now seeking an Associate who has a passion for private equity investing to join our London-based team.

  Our overall private equity investment mandate is global, emphasising buyout and growth strategies. Our offices are located in Chicago and London, with 15 investment professionals currently on the team. The private equity portfolio is approximately $6.6 billion in size, split across primary fund commitments, co-investments and direct deals

  Associates within Allstate Private Equity team assist in all phases of investing – origination, evaluation, monitoring and managing.  In the London office, Associates have specific responsibility for investments made in Europe, Asia, and Africa.  Associates may occasionally be asked to participate in projects with the Chicago office.

   

  In alignment with corporate goals, specific responsibilities for the Private Equity Associate will include:

   

  • Perform quantitative and qualitative analysis used to support the underwriting of potential investment opportunities;
  • Preparing memoranda and other materials to support investment recommendations and assisting with the presentation of recommendations to investment committee
  • Monitoring and reporting on the performance of existing investments, including financial analysis and communication with fund sponsors and management teams, as required
  • Research into and evaluation of market conditions in existing and potential new sectors and geographies
  • Preparation and presentation of analysis to support strategic planning and asset allocation decisions

   

   

  So, what are the essential criteria to apply?

   

  • All candidates must evidence an existing right to work in the UK
  • The successful candidate will have a minimum of two years post-graduate work experience in M&A, or private investments in a bank or a well-known investment house
  • Bachelor’s degree required
  • Good verbal and written communication skills, including solid presentation skills
  • Strong numeracy, modelling skills and attention to detail
  • Ability to work towards multiple deadlines at once and operate well within a team
  • International travel will be required

   

   

  We also have some desirable criteria

   

  • 2.1 grade or higher in primary degree
  • Non-English language skills viewed favourably, in particular Mandarin
  • Experience with Capital IQ or other M&A market data tools preferred

   

   

  What we offer

   

  As Digital DNA’s Workplace of the Year 2020 winners, we offer a generous benefits package that includes flexible annual leave entitlement, dental and healthcare insurance, an attractive pension package and discounts on gym memberships, public transport and parking.

   

  Allstate invests heavily in your development, as an employee you will have access to multiple world-class learning platforms and courses from our award-winning in-house Learning & Development team.

   

  We pride ourselves in providing clear career paths and opportunities for internal mobility allowing you to further develop within the organisation.

   

  We encourage a better work life balance and you’ll have the opportunity to apply for various flexible working arrangements.

   

  Statement on Fair Employment and Equal Opportunities

   

  Allstate NI wishes to ensure equal opportunity is given to all job applicants.  This company will not discriminate on the grounds of race, gender (including gender reassignment status), sexual orientation, religious belief, political opinion, marital status, age or disability.

   

  We are an equal opportunities employer. We welcome applications from all suitably qualified persons. However, as women are currently under-represented in our workforce, we would particularly welcome applications from women. All appointments will be made on merit.

   

  Applicants should note Allstate NI complete AccessNI background checks on all candidates offered a position.

   

  Apply here: https://bit.ly/3nyno9B 

   

  The closing date for receipt of applications is Friday 18^th February