Purpose of Position

We are seeking a private equity investment professional to join the US Secondaries Investment Team, based in New York. The individual will execute private equity secondary transactions alongside senior members of the team.

We are looking for someone from either a reputable secondaries firm or private capital advisory practice with direct experience executing LP-led transactions and strong financial modelling capabilities. The role will be predominantly LP-led driven, with a primary focus on underwriting and executing traditional LP stake transactions across the US private equity market.

While the role will focus mainly on LP-led opportunities, investment activity may also include GP-led transactions, such as single company secondary transactions across the US PE buyout universe that require a similar level of due diligence as direct buyout or co-investment opportunities. The individual will be able to leverage Pantheon’s longstanding relationships across the Primary and Co-investment platforms.

We are committed to hiring the best candidate to join our team, with a preference for an experienced Associate-level candidate with prior investing experience and a flexible start date. A merit-based career track opportunity is available to candidates who demonstrate exceptional ownership, high competency, and strong problem-solving and communication skills.

Key Responsibilities

The successful candidate is expected to assume the following key responsibilities, plus any other reasonable duties as required:

• Executing the diligence and financial modelling of private equity secondary investment opportunities, including managing the flow of diligence materials received, leading diligence meetings, supporting transaction due diligence, preparing investment memoranda, and presenting opportunities to the Secondary Investment Committee
• Coordinating closely with senior team members on deal negotiations and transaction completion
• Monitoring the evolution and performance of completed transactions, as well as selected brand-name buyout funds across the US private equity market
• Supporting other secondaries business development and origination initiatives and interfacing with clients
• Ensuring compliance with relevant laws, regulations, and Pantheon policy

Knowledge and Experience Required  

• Prior financial analysis and valuation modelling experience required, preferably within a reputable secondaries firm or private capital advisory practice
• Direct experience underwriting LP portfolio transactions strongly preferred
• Ability to assess and synthesise the merits and risks of an investment in an insightful manner and develop and execute appropriate diligence plans to address key considerations
• Ability to work in a collaborative, global team, including virtually across offices (e.g., SF, NY, London) and across the Pantheon platform (Primaries, Co-investment, Private Credit, Infrastructure)
• Ability to work to tight, transaction-driven deadlines with minimal supervision and manage workloads efficiently
• Outstanding verbal and quantitative problem-solving and communication skills, demonstrated through mastery of Excel and PowerPoint (financial modelling and investment memoranda) and engagement with key stakeholders (GPs, intermediaries, portfolio company executives, clients, and senior internal stakeholders)
• “Strong ownership mentality and entrepreneurial mindset, with the ability to take initiative, improve processes, and drive workstreams independently in a fast-paced, deal-driven environment
• Familiarity with applying AI and data-science tools to enhance LP-led transaction evaluation and diligence efficiency is a plus
• High level of professionalism, confidentiality, and discretion

Expected base salary range:  $120,000 - $135,000

Actual base salary is determined by a range of factors including individual experience, skills and qualifications. 

In addition to the above salary, Pantheon offers a generous employee benefits package and successful candidates are eligible to receive a discretionary bonus

Purpose of Position

Due to the growing volume and complexities surrounding fund / client dedicated product formation, investment closings, carry and corporate group tax matters, a senior hire is required to (i) work closely with internal legal and investment teams on fund tax matters and (ii) contribute to the expansion of the investment (and corporate group) tax function.

 This critical role will be firstly responsible for overseeing all tax aspects related to our transactional diligence processes for new investments (and divestitures), as well as providing expert tax guidance on the formation and structuring of new commingled and client-dedicated funds. Secondary responsibilities will include fund and corporate group global tax compliance, partnered with management of tax and finance team members.

The ideal candidate will possess a deep understanding of tax issues encountered across private markets strategies (equity, credit, infrastructure, secondaries, real estate), international tax principles and compliance requirements, private markets fund structures and commercial approaches and have a desire to sit across a wide range of tax ventures.

Key Responsibilities

Transactional Tax Diligence:

• Lead and manage tax diligence efforts for prospective acquisitions, including reviewing target company tax returns, financial statements, and legal documents to identify tax risks, exposures, and opportunities specific to proposed Pantheon participating investors.
• Analyse complex transaction structures (e.g., stock purchases, asset purchases, mergers, joint ventures) and advise on optimal tax structuring to minimize tax leakage and support investment teams in developing appropriate bids and enhance post-acquisition value.
• Advise / calculate withholding and transfer taxes on certain investments (including ECI / FIRPTA withholding) and arrange for any relevant tax payments / filing requirements associated with transactions to be timely made.
• Collaborate closely with investment teams, legal counsel, and external tax advisors to identify and mitigate tax-related deal risks based on the Pantheon investor base.
• Participate in fund allocation meetings, clarifying any organizational matters relevant for tax (e.g. allocation, funding).
• Review and negotiate tax provisions in transaction documents including purchase agreements, transfer agreements and side letters.
• Assist external legal counsel with investment closing execution tax matters including, but not limited to, completion of checklists, formation of deal level special purpose vehicles, preparation of investor tax declarations/exemption formations,
• Support tax aspects of divestitures, portfolio fund exits and liquidations.
• Design programs to carry investment closing information through to the tax compliance providers to allow for proactive tax compliance planning.

Fund Formation & Structuring:

• Provide internal tax advice on the formation, structuring, and ongoing operation of new private markets funds, client co-investment and overage vehicles.
• Analyse the tax implications of various fund structures (e.g., partnerships, corporations, blockers, parallel funds) for domestic and international investors in conjunction with operational and administrative considerations.
• Work with legal counsel on drafting and reviewing offering memoranda, limited partnership agreements, side letters and other fund formation documents.
• Finalize other tax matters associated with fund launches including, but not limited to, relevant entity and VAT registrations on formations.
• Engage in fundraising initiatives including drafting of tax structure papers, addressing prospective investor tax questionnaires and attending diligence calls / meetings.
• Assist with investor closings including review of tax sections in confidential investor questionnaires and side letter provisions, validation of investor FATCA/CRS forms, ATAD and Pillar II exercises, etc.
• Advise on design and implementation of carried interest and management fee structuring to ensure compliance with tax regulations and mitigate internal complexities.

Tax Compliance:

• Assist with global fund (direct and indirect) tax compliance including tax obligations in the US, UK, Guernsey, Germany, and Luxembourg.
• Design processes to better streamline global tax compliance, monitor and track investment diligence / side letters against actual investment tax reporting received and extract insightful information from global tax compliance records.
• Oversee delivery of investor tax reporting including estimate and final K1s from funds and carried interest vehicles and aid with investor tax queries, as they arise.
• Support across all carried interest tax aspects including tracking of carried interest allocations, monitoring weighted average holding period, addressing tax compliance requirements and managing cross-border tax considerations for global carry participants.
• Contribute to the tax compliance processes of the corporate group including tax accounting and consolidation under US GAAP, as necessary.

Strategy and General:

• Stay abreast of evolving tax laws and regulations relevant to private equity funds, Pantheon and its patrons.
• Identify tax planning opportunities and risks amongst Pantheon fund and carry structures.
• Manage relationships with internal stakeholders (such as carried interest recipients), external clients and tax advisors across the accounting and law firms engaged. Prepare technical memos to file (and communications) supporting key tax positions.
• Identify technology solutions to automate and improve efficiency of tax tasks.
• Provide tax guidance on ad-hoc, internal projects and initiatives.
• Monitor market practices to support commercial and structuring developments.
• Maintain strong industry contacts and advisor networks.

Knowledge and Experience Required

• Bachelor's degree in Accounting, Finance, Law or a related field. A Masters in Taxation, JD / Legal qualification or a CPA designation is strongly preferred.
• Prior experience in a "Big Four" public accounting firm's tax group (M&A, transactional or asset management compliance team) or a leading law firm's tax practice is highly desirable. In-house experience at a private markets firm is an asset.
• Deep understanding of US federal and state income tax laws, with strong knowledge of partnership and corporate tax.
• International tax experience – addressing local and withholding tax across European jurisdictions – desirable.
• Strong analytical rigor with proven ability to analyse complex tax issues, identify practical solutions, and communicate effectively to both tax and non-tax professionals.
• Strong project management and initiative skills with the ability to manage multiple priorities in a fast-paced environment.
• Excellent written and verbal communication skills, with strong attention to detail.
• Highly collaborative and able to work effectively with various internal and external stakeholders.

Expected base salary range:  $135,000 - $150,000 

Actual base salary is determined by a range of factors including individual experience, skills and qualifications. 

In addition to the above salary, Pantheon offers a generous employee benefits package and successful candidates are eligible to receive a discretionary bonus

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Investment Specialist – Evergreen Private Equity Platform 

Purpose of Position

We are seeking an experienced Investment Specialist to support the growth and investor engagement of our evergreen private equity funds. This role sits at the intersection of investments, fundraising, and investor relations, translating complex portfolio and strategy concepts into clear, compelling narratives for the private wealth audience. The ideal candidate brings deep private equity investment experience alongside exceptional communication and analytical capabilities. 

Key Responsibilities

Product & Investment Expertise 

• Serve as a subject-matter expert on the Evergreen Funds’ strategy, structure, portfolio construction, and performance 

• Partner closely with investment teams to understand deal rationale, portfolio evolution, and risk-return dynamics 

• Maintain a strong grasp of market trends, competitive positioning, and peer fund strategies within private equity 

Investor Communication & Presentation 

• Lead and support presentations to existing and prospective investors, including RIA’s, family offices, and other private wealth platforms 

• Clearly articulate investment strategy, portfolio positioning, performance drivers, and outlook in both live and virtual settings 

• Act as a trusted resource for investor-facing teams, providing clear and consistent messaging 

Content Development & Writing 

• Produce high-quality written materials including investor letters, quarterly commentaries, FAQs, and ad hoc analysis 

• Translate detailed investment analysis into concise, investor-friendly content  

• Ensure consistency, accuracy, and professionalism across all product-related communications 

Analysis & Reporting 

• Analyze fund performance, portfolio metrics, and attribution to support investor discussions and reporting 

• Assist in developing and refining KPIs, benchmarks, and comparative analyses relevant to evergreen fund structures 

• Respond to detailed investor due diligence requests with rigor and clarity 

Cross-Functional Collaboration 

• Candidate will report into the Investment team but will work closely with Sales, Marketing, Legal, and Compliance teams 

• Support product development initiatives 

Knowledge and Experience Required  

• Experience 

  • Minimum 10 years of investment experience in private equity 
  • Strong understanding of private equity fund structures; experience with evergreen or semi-liquid vehicles is highly desirable 

  Skills & Attributes 

  • Excellent presentation skills with the ability to engage and influence senior, sophisticated audiences 
  • Exceptional writing skills, with a proven ability to produce clear, structured, and persuasive investment content 
  • Strong analytical skills, including comfort with financial analysis, performance attribution, and data interpretation 
  • Ability to balance technical depth with clear, accessible communication 
  • High attention to detail and a collaborative mindset 

  Education 

  • Bachelor’s degree required; advanced degree (MBA, CFA, or equivalent) preferred 

Expected base salary range: $200,000-$225,000

#LI-SB1

Purpose of Position

Pantheon is seeking a highly motivated Associate to support the continued growth of our US Private Wealth business. This individual will play a key role across client service, product support, and sales enablement, working closely with senior sales professionals and cross-functional teams.

The ideal candidate brings strong asset management experience, excellent organizational skills, and the ability to manage multiple priorities in a fast-paced environment.

Key Responsibilities

Client Service & Product Support

• Respond to RFPs, RFIs, and other due diligence questionnaires in coordination with internal stakeholders
• Assist with the preparation and monthly update of marketing and reporting materials
• Manage inbound requests from clients and prospective investors
• Support investor onboarding processes, coordinating with internal teams to ensure timely and accurate completion

Sales & Sales Support

• Manage and maintain prospect pipelines to support sales strategy execution
• Coordinate CRM updates, data integrity, and reporting
• Drive prospect engagement through targeted outreach and campaign follow-ups
• Provide analytical and logistical support for active sales opportunities
• Assist in supporting various sales campaigns and marketing initiatives
• Monitor and maintain competitive intelligence updates on key fund competitors

Knowledge and Experience Required  

• Minimum 4 years of experience at an asset management firm
• FINRA Series 7 and 63 licenses
• Experience supporting sales, client service, or investor relations functions
• Private markets experience strongly preferred
• Strong understanding of private wealth distribution channels a plus
• Excellent written and verbal communication skills
• Detail-oriented with strong organizational and project management abilities
• Proficiency in CRM systems and Microsoft Office Suite

Expected base salary - $110,000-$130,000

#LI-SB1

Team Profile

Pantheon Private Credit (“PPC”) was established in 2018 and manages approximately $15 billion in AUM, raising numerous drawdown and evergreen funds, SMAs and structured vehicles across the institutional, insurance and retail investor markets to take advantage of the growing private credit secondary market opportunity set. PPC was the first institution to raise a dedicated pool of capital focused on credit secondaries and is one of the most active and scaled buyers in the market. PPC’s core mandate is to acquire seasoned portfolios of private credit assets (senior, junior, opportunistic, asset-based, etc.) by investing in traditional LP-led secondaries as well as GP-led secondaries, whereby PPC provides a range of liquidity solutions and partnership capital to LPs and GPs in the private credit markets. The team also co-invests across the private credit risk spectrum directly into companies and assets alongside credit GPs.

Purpose of Position

To support the continued growth of PPC, we are recruiting an Associate who will primarily work on evaluating new investment opportunities and ongoing portfolio monitoring as well as ad hoc project and business needs.

Key Responsibilities

• Support PPC team members in qualitatively and quantitatively evaluating/underwriting new investment opportunities, including due diligence on companies, sectors, loan portfolios, and GPs, performing valuations, data analysis and financial modelling; a significant amount of time will be spent on financial modelling and deal evaluation
• Preparation and presentation of findings and proposals for investment committee and other internal meetings
• Assist in closing process with legal and operational administration
• Regularly update CRM system to reflect active deal pipeline
• Monitor private credit industry landscape by participating in GP outreach, manager meetings and market mapping
• Assist investor relations team with ad hoc requests and projects related to fundraising
• Support and participate in sourcing activities with GPs/LPs/intermediaries

Knowledge and Experience Required

• 1-3 years max experience working as an analyst/associate in investment banking (e.g. leverage finance, FIG coverage, specialty finance, structured finance, fund finance, GP-led secondary advisory, restructuring, etc.), at a credit investment firm (direct lending, opportunistic credit, specialty/asset-based finance) or a secondaries investment firm
• Proficient in financial modelling, data analysis and accounting
• Strong interest in credit investing as well as an understanding of fundamental credit analysis and leveraged buyouts; secondaries knowledge/experience is a plus
• Demonstrable analytical, critical thinking and problem-solving skills; strong written and verbal communication skills
• Ability to manage multiple tasks simultaneously with strong attention to detail and excellent organizational skills
• Team-oriented, results driven, adaptable, mature, intellectually curious, humble, strong work ethic and time management skills
• Proficient in Microsoft applications, including Word, Excel and PowerPoint
• Bachelor’s degree

This job description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. You may be required to perform other job-related duties
as reasonably requested by your manager.

Pantheon is an Equal Opportunities employer.

Expected base salary range:  $120,000 - $135,000

Actual base salary is determined by a range of factors including individual experience, skills and qualifications. 

In addition to the above salary, Pantheon offers a generous employee benefits package and successful candidates are eligible to receive a discretionary bonus

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Purpose of Position

The motivated Associate will join DnA's Portfolio Analytics team to support the firm-wide analytics capability for Pantheon’s evergreen / semi-liquid vehicles as well as single asset GP-led secondaries and co-investments. The role requires private markets knowledge coupled with semi-liquid fund (40 Act, SICAV) expertise who specialize in using data to develop strategic analytics to inform portfolio decision making, investment decisions, risk analysis, investor insights.

The role partners closely with various teams firm-wide, such as Core Portfolio Management, Investments, Technology, Portfolio Data and Valuations, Fund Finance, Risk to inform evidence-based decisions on portfolio construction, liquidity pacing, performance storytelling as well as supporting the IR teams with investor related analytics. The role will require working with Technology and Data Modelling teams to systemize the strategic analytics across the firm to build both tactical analyses and strategic solutions to better equip our investment teams as well as investors. This is a great opportunity to join a diverse, collaborative, high-performing team.

Key Responsibilities

• You will perform evergreen fund‑ and asset‑level analytics — time series and cross-sectional value driver analysis, portfolio composition analysis, risk-return analysis, market benchmarking alongside contribution and attribution analysis.
• Execute deal/investment/company‑level attribution and sector analytics to separate market vs. idiosyncratic return drivers.
• Produce scenario, risk‑concentration and macro‑trend analyses
• Produce portfolio analytics which are key input into cash‑flow projections; feed outputs into pacing, liquidity and volatility reviews by partnering with Core Portfolio Management and Risk teams.
• Help systemise data pipelines (ETL) for analytical dashboards in partnership with Technology and DnA teams.
• Deliver end‑to‑end single-asset analytics: run back‑testing and forward‑looking NPV/IRR/ROE models, drill into value drivers, scenarios, stress tests, order‑of‑effects and optimal‑exit timing; forecast distribution waterfalls and hedge effectiveness.
• Power portfolio decisions: supply rolling NAV & cash‑flow projections and post‑mortem analyses versus original underwriting to arm Portfolio Management and Deal teams with data‑driven insights.
• Monitor private markets industry landscape to inform macro analytics and market mapping.

Knowledge and Experience Required

Essential background and skillset:

• Relevant experience in private markets with focus on analytics, portfolio management, investments or risk.
• Highly proficient in financial modelling, data analysis and accounting.
• Expertise in return attribution, J-curve/L-curve analytics, risk-adjusted metrics.
• Ability to translate complex analytics into actionable insights for senior stakeholders.
• Experience in using a diverse analytics toolkit such as Excel, Powerpoint, Tableau/Power BI, Python
• Bachelor’s degree in Finance, Econometrics, Data Science or related field
• Financial qualification (CFA, CAIA, FRM, ACA) or working towards one of these qualifications
• Strong attention to detail, problem solving skills and ability to work and deliver with tight deadlines.
• Innovative and entrepreneurial attitude. Comfortable taking initiative.
• Ability to clearly and effectively communicate quantitative insights.
• Willing to work in a position with uneven and high priority project work.

Preferred (additional) background and skillset:

• Experience working in financial services, preferably in private markets especially fund of funds structure
• Deep exposure to semi-liquid/evergreen products (for example, 1940 Act); coupled with direct investment expertise.
• Understanding of ETL processes and cloud warehouse technologies (Snowflake, Databricks, etc.)

Expected base salary range:  $125,000 - $135,000

Actual base salary is determined by a range of factors including individual experience, skills and qualifications. 

In addition to the above salary, Pantheon offers a generous employee benefits package and successful candidates are eligible to receive a discretionary bonus

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