At a Glance
- Tasks: Support investment processes, conduct financial analysis, and engage with management teams.
- Company: Join ICG, a leading alternative asset manager with a dynamic growth culture.
- Benefits: Competitive salary, career development opportunities, and exposure to diverse investment strategies.
- Other info: Gain hands-on experience in a fast-paced environment with significant responsibility from day one.
- Why this job: Be part of a rapidly growing team and make impactful investment decisions.
- Qualifications: 3-5 years in M&A, private equity, or related fields; strong analytical skills required.
The predicted salary is between 59400 - 72600 £ per year.
The European Mid-Market strategy launched in 2019 with a €1.0bn debut fund and invested in 15 businesses across Europe. Following strong portfolio performance and successful realisations, a €3.0bn second fund was raised in 2025, approximately three times the size of its predecessor. Building on this momentum, the strategy continues to expand its investment activities across the UK and Europe and remains well positioned for further growth in the years ahead.
The strategy sits within ICG, one of Europe's largest and fastest-growing alternative asset managers, with approximately $126bn of assets under management. The successful candidate will have the opportunity to combine the resources, brand and institutional infrastructure of a global platform with the entrepreneurial culture of a rapidly growing investment strategy. As the Mid-Market platform continues to scale, the role offers an opportunity to help build a market-leading franchise, whilst developing alongside a business that remains in a significant growth phase.
ICG is a market leader in partnership capital investing, a fast-growing niche within the broader private equity market. The strategy partners with founders, entrepreneurs, management teams and private equity sponsors through flexible and bespoke investment structures, providing exposure to a diverse range of transaction types, sectors and investment situations, alongside a high cadence of investing activity.
The Mid-Market team comprises 22 investment professionals across the UK, France, Germany, Italy and the Nordics. Following this hire, the London team will comprise 11 professionals, including the Fund Head. While Mid-Market operates as a distinct team with its own culture and identity, it benefits from the resources, expertise and network of ICG's broader Structured and Private Equity platform, including the Large Cap strategy (Europe Fund IX, >€10bn).
The role involves actively supporting the origination, diligence, execution, and monitoring of European fund investments in the UK. At this level, you are expected to support the team on a transaction through financial modelling, business analysis, synthesis of information, coordination of workstreams as required and preparation of investment committee memoranda. Deal teams are intentionally lean, comprising an MD, a Principal or Vice President and an Associate. As a result, Associates are given significant responsibility from day one and gain exposure to all aspects of the investment process, including direct interaction with management teams, advisers, lenders and other stakeholders - this provides an exceptional opportunity to develop investor judgement, transaction experience and long-term investing skills at an accelerated pace.
Primary Responsibilities
- Deal execution
- Support deal team on developing and refining an investment thesis.
- Undertake financial and commercial analysis to support investment decisions and assess key risks.
- Lead financial modelling, including operating scenarios, valuation analysis and capital structure structuring.
- Analyse and challenge findings from sell-side due diligence, particularly financial and commercial workstreams.
- Scope and help drive targeted buy-side due diligence.
- Assess the achievability of management's plan and strategic initiatives.
- Preparing papers for Investment Committee discussions.
- Drive work streams which help complete transactions including funds flow, tax structuring and short-term cash flows.
- Value creation and portfolio management
- Drive identified post deal actions.
- Helping to capture and assess value creation activities.
- Assisting with bolt-on targeting and execution, working collaboratively with our investee management teams and internal Value Creation Team.
- Helping monitor monthly financial progress.
- Support the ICG team with internal valuations, reporting and exit planning.
- Origination
- Helping identify and research potential platform targets.
- Organise and participate in calls to gain early market insight.
- Attend adviser meetings with bankers and strategy consultants to early build knowledge of opportunities.
- Helping to actively think about and drive angles around opportunities.
Key Requirements / Qualifications
- 3-5 years' experience in a role providing exposure to M&A transactions, investing or related strategic analysis.
- Experience in investment banking, transaction advisory, due diligence, strategy consulting, private equity, private debt or a related field.
- Buy-side experience would be a plus, particularly from private equity or structuring investing background.
- Interest in working across geographies and sectors.
- Fluent English required.
Associate, European Mid-Market employer: ICG
ICG is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a supportive work culture where your contributions are valued. As a Global Senior Executive Assistant in London, you will benefit from extensive professional development opportunities and a dynamic environment that fosters growth and collaboration among senior leaders. Join us to be part of a team that not only drives success but also cares for its people.
