This week peHUB is showcasing a position within a European-headquartered listed fund-of-funds. Zurich-headquartered Adveq is looking to strengthen its management team with a significant emphasis on private equity secondaries.
Founded in 1997, Adveq has invested in more than 300 funds on behalf of its clients which comprise institutional investors such as pension funds, insurance companies, family offices and other financial institutions located in Europe, North America and the Asia-Pacific region. Adveq has offices in Zurich, Frankfurt, New York, Beijing and Shanghai, as well as a representative office in Sydney.
In February this year the firm announced it was on a recruitment drive with plans to increase its headcount by over 10% during the course of 2012. The build-up of the team is in response to the firm’s investment and fundraising success, with Adveq’s assets under management having grown to USD 4.3 billion by the end of 2011.
The firm is hiring across a range of functions and locations (mainly for investment management, investor relations and fund administration positions based in Asia and in the Zurich head office). The firm announced that the new hires will bring Adveq’s total headcount to close to 80 by the end of the year. The firm is also currently hiring for an investor relations manager.
Listed private equity offers returns from managed investment in unlisted companies and private equity funds, combined with the liquidity and transparency expected of companies listed on primary stock exchanges. It is a growing part of the private equity asset class and the only part available both to all sizes of institutions and to most individual investors.
Other prominent global listed fund-of-funds include HarbourVest Global Private Equity, Neuberger Berman, Pantheon International Participations, SL Capital Partners and SVG Capital.
If a career in this sector of private equity is of interest scroll down to find out more about what requirements are needed to fit the bill.
***Job of the Week***
Job Title: Associate/Senior Associate Investment Management
Location: Zurich, Switzerland
Adveq is an asset manager investing in private equity and real asset funds globally. It offers specialized investment solutions which allow the firm’s clients to access select private market segments globally. To date, Adveq has invested in more than 300 funds on behalf of its clients. The company is headquartered in Zurich with offices in Frankfurt, New York, Beijing and Shanghai.
Job Description (as cited via Adveq website):
To strengthen its investment management team, Adveq is looking for a candidate to work within Adveq’s European investment program team with significant exposure to secondaries. The successful candidate will be responsible for conducting detailed industry studies, portfolio analysis including monitoring, as well as due diligence work and execution of fund investments. The position provides a first-rate exposure to private equity buyout and turnaround fund investments worldwide.
Qualifications/Experience (as cited via Adveq website):
Adveq is looking for candidates with:
•Three to five years work experience in private equity fund of fund investment management
•A university degree in natural sciences, economics, finance or business administration
• Proven analytical skills
• Strong discipline and attention to detail
• An ability to integrate rapidly and to work effectively in a multicultural team of
• A capacity to meet demanding deadlines while maintaining a high degree of quality and accuracy
Applications, including details of academic and career history and a covering letter, should be mailed to Adveq Management AG, Human Resources, Affolternstrasse 56, CH-8050 Zürich, Switzerland or e-mailed to [email protected]
For more private equity job opportunities head over to the peHUB career center, co-hosted with eFinancialCareers.com.
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