Greenbacker Development Opportunities Fund - Associate

Company Description:

GDEV makes infrastructure private equity investments in middle market developers and operators across a number of subsectors, including but not limited to solar, battery storage, hydropower, energy efficiency, fleet electrification, microgrids, and sustainable fuels.  

Job Background:

GDEV seeks to hire an Associate to join its investment team in New York City. The role offers exposure to all facets of the investment process, including sourcing, structuring, due diligence, financial analysis, and legal documentation. In addition to supporting new investments, the individual will work closely with portfolio companies to shape strategy and drive value creation throughout the investment period. The candidate will have the opportunity to join the group at an early stage and will be expected to grow quickly into a senior member of the team capable of leading and managing complex transactions. This job will be based in New York City.

Key Responsibilities:

• Screen new investment opportunities across multiple geographies and technologies within the sustainable infrastructure industry
• Build and evaluate complex financial models
• Conduct corporate and asset-level due diligence for new investment opportunities
• Prepare investment memoranda and other documents for GDEV’s senior management team and investment committees
• Monitor portfolio investments, including frequent communication with management teams and review of periodic reporting materials
• Work through asset and corporate sales
• Raise third party capital for portfolio companies at the project or corporate level
• Maintain and update valuation models for GDEV’s quarterly valuation process and other internal analysis and administrative tasks
• Interact with third parties such as external counsel, lenders, the fund administrator, fund/transaction counsel, and other service providers.
  

Education, Experience, and Traits:

• Bachelor’s Degree from a top-tier university
• 2-4 years’ experience in private equity, renewable energy development, investment banking, infrastructure investing and/or project/structured finance
• Industry experience in real assets / industrials, with preference for expertise specifically in power and renewable energy
• Advanced Excel knowledge and ability to build and understand complex financial models
• Proficiency reviewing and understanding legal contracts
• Strategic thinking: proven ability to collaborate, develop, and implement effective solutions
• Strong communication: ability to summarize complex analysis into succinct messages

• Medical: 5 United Health Care Oxford options
• Dental: Guardian – two options
• Vision: Guardian / VSP – one option (100% employee paid)
• Life and AD&D: Short-term and long-term disability (both 100% employer paid)
• Retirement/401(K): ADP/Voya with 50% match up to 6% of salary
• Other: Medical and dependent care / Health Savings Accounts, Pre-tax commuter benefits through Optum
• Time Off: 20 days paid time off, 7 sick days a year, 32 hours of VTO a year.
• Family Building: Coverage for infertility, adoption, surrogacy, and 16 weeks of family leave.