Business Development Associate for Private Equity firm

---

Job description

Business Development Associate for healthcare focused Private Equity firm based in Chicago, IL.

BD Associate is responsible for sourcing new investment opportunities for new platform opportunities across multiple healthcare thesis areas and will be actively involved in identifying and sourcing potential 'add-on' investments for existing portfolio companies. The individual will participate in all aspects of the business development process, including deal origination and qualification, relationship management, proposals, and initial diligence efforts. In addition, Associate will collaborate on database management, industry/market research and marketing.

Origination Responsibilities

• Proprietary Sourcing: Develop targeted pipeline across FIRM thesis areas with mission of targeting and engaging with proprietary partnership acquisition opportunities

1. Lead outreach to target pipeline (email, call, LinkedIn, live visits)
2. Track ongoing campaign efforts for internal reporting on pipeline status
3. Collaborate with FIRM Partners and deal leads on key meetings to develop deeper relationships and move opportunities through partnership deal process

• Banker / Advisor led Process: Build and nurture relationships with investment bankers, corporate development professionals and other intermediaries

1. Maintain an active dialogue with investment bankers and corporations
2. Identifying M&A and strategic opportunities for existing portfolio companies
3. Ability to build trust and support with senior executives as the face of FIRM
4. Travel and arrange meetings with important relationships

• Attend relevant conferences/events: industry conferences, corporate development conferences, etc.
• Attend local networking events for healthcare or other professional associations
• Evaluate new investment opportunities and present recommendations to deal team and investment committee:
• Gather necessary financial and operational information of target opportunities
• If 'banker led', Review Confidential Information Memorandums
• Gather deal dynamics
• Develop valuation based on preliminary data
• Interact with senior deal leads regarding deal dynamics and bid strategy
• Develop relationships with target opportunities

Special Projects

• Collaboration with BD team on refining 'Partnership engine' to expand size of pipeline and active deal opportunities
• Building out case studies and other marketing material
• Deal flow analysis and Database reporting
• Creating and executing on investment theses within healthcare

Database Administration

• Quality control and oversight of weekly deal sheet
• Quality control for all contacts, accounts and new deals that are entered into the CRM database
• Assess deal tracking reports

The ideal candidate will have

• Ambition to develop strong relationships in healthcare - both with prospective partners - and individuals across the healthcare network/landscape
• Comfort in speaking confidently about value creation and the path to partnership with FIRM or as a critical component to a portfolio company
• Excellent analytical and communications capabilities; organizational discipline; attention to detail
• Driven, highly motivated self-starter with team orientation
• Demonstrated leadership ability
• Creativity and entrepreneurial spirit
• Strong work ethic and interest in learning about private equity and the changing landscape of healthcare (i.e. value based care, tech/AI trends in healthcare)
• Ability to build trust and support with founders and entrepreneurial leaders across healthcare industry as the face of FIRM
• Proven ability and/or results in a development role with impact/results tied to growth of business or operating segment (Strong "From" / "To" highlighting impact)
• Successful candidate will likely have 2-3+ work experience in PE, investment banking, management consulting or finance and have a working knowledge of private equity and the aptitude to learn very quickly