Location(s)
About Summit Partners:
Summit Partners is a leading private equity and venture capital firm with offices in Boston, Palo Alto and London. Formed in 1984, the firm has raised nearly $9 billion in capital. The firm's returns have consistently been in the top quartile of all venture and private equity funds. Summit focuses on private, profitable, later-stage companies with significant growth potential. The firm makes 20-25 investments each year, on average, through a $300 million venture capital fund and a $3 billion private equity fund. Summit invests in a variety of sectors including technology, financial services, healthcare, consumer products, business services and other growth industries. The typical capital commitment to a specific company ranges from $10 to $450 million.
Associate Job Responsibilities:
Associates lead Summit Partners' effort to identify attractive industry sectors and specific companies for investment. They attend tradeshows, review industry journals, develop Summit Partners' proprietary database of private companies, and speak with over 1,000 entrepreneurs each year in an effort to source 2-3 portfolio companies for the firm. Sourcing deal opportunities for the firm is the most important role of the Associate. Additionally, Associates engage in transactions by conducting due diligence on companies and markets, performing quantitative analysis, and working closely with their specific Transaction Team (generally 3-5 professionals). Secondary responsibilities include helping manage portfolio company relationships.
Qualifications:
Associates who join Summit Partners possess a strong record of academic achievement at the undergraduate level from a leading college or university, typically with a GPA of 3.7 or higher. Candidates are also expected to have previous work experience in investment banking, consulting, or private equity. Strong financial modeling experience is a plus.
Terms:
Compensation is highly competitive and includes base pay, bonus, and the ability to invest in Summit Partners portfolio companies. The Associate position is a three-year commitment, and the opportunity exists to remain with the firm longer as a Senior Associate.
Location:
Offices are located in Boston, Palo Alto and London. This position is for the Palo Alto office.
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