Star Mountain is a rapidly growing, specialized private investment firm focused on the large and less competitive lower middle-market – businesses that generally have between $3 million and $50 million in annual EBITDA (“LMM”). The firm employs three complementary strategies: private credit, private equity and secondary fund investing, all focused within North America. The Firm’s track record, business model, growth trajectory and award-winning culture provide compelling career opportunities for driven and talented individuals. Culture is a core principle which includes long-term alignment of interest with 100% of employees participating in investment profits. The Firm has over $3 billion in assets under management and expects strong continued growth based on its performance, distinctive investment approach and its diversified investor base of domestic and global institutions (including public pensions, corporate pensions, insurance companies, endowments, foundations, and family offices) and individuals. Star Mountain values team players with positive, solutions-based attitudes complemented by a strong work ethic and is heavily committed to long-term training and career development. The Firm is 100% employee-owned with material long-term wealth creation opportunity for dedicated, entrepreneurial professionals. Dynamic team of over 60 full-time people and 40+ Senior Advisors / Operating Partners.
The senior team has over 500 years of collective investment experience including prior leadership experience at Blackstone, Goldman Sachs, Thoma Bravo, Morgan Stanley, J.P. Morgan, Merrill Lynch, Citigroup, H.I.G., and Barings.
For the last three consecutive years, Star Mountain was recognized as one of the Best Places to Work by both Crain’s and Pensions & Investments.
Star Mountain puts a high value on a great attitude, passion, commitment, and drive. 100% of employees participate in the investment profits of the business for aligned long-term wealth creation. Star Mountain offers a broad range of tailored investment solutions and products for a wide range of investors.
Position Description:
- Liaise with outside fund administrators to prepare accurate and timely deliverables related to the NAV process including financial statements, capital account statements, capital call and distribution notices, management fee and carried interest calculations and all other investor reporting.
- Work directly with and prepare financial analysis and reporting for Star Mountain CFO, Controller and other executives across Star Mountain funds and relating to financial matters.
- Assist audit and tax professionals in year end audit and tax reporting.
- Support treasury and liquidity management functions (oversee cash position for funds and forecast cash requirements).
- Manage capacity on the funds’ credit lines as well as borrowing base compliance/covenants.
- Manage the expense process, including vendor management, invoice processing and compliance with firm policies.
- Performance measurement, including calculation of IRRs, investment multiples and various time weighted returns.
- Assist in preparation of regular investor reports and quarterly investment letters.
- Identify and implement process improvements with regards to efficiency and ensuring that strong internal controls and quality control are maintained.
- Review and interpret partnership agreements, private placement memorandums, and other legal documents.
- Assist with various portfolio monitoring of investments.
Qualifications
- Good understanding of Generally Accepted Accounting Principals (GAAP).
- Working towards undergraduate degree studying Accounting.
Desirable Attributes Include:
- Positive attitude.
- Strong English written and verbal communication skills.
- Highly organized.
- Detail oriented.
- Sense of ownership and pride in work, firm and culture.
- Quick learner.
- Highly personable and work well in a team environment.
- Requirements also include prioritizing, managing various deadlines in a fast-paced entrepreneurial work environment.
- GPA of 3.3 or higher.
- Ideally experience with some type of asset management or investment firm.
Time Commitment:
- Seeking Interns that can work on a part-time basis (~15 hours a week) during the school year and full-time during the summer.
Location: Interns may be remote during school year and are expected to be able to be full-time during Summer in Tampa, Florida.
Start Date: Fall 2022
Please submit resume through LinkedIn or via the Star Mountain website.
Please visit the following links for more information about Star Mountain, the Star Mountain Charitable Foundation, Star Mountain’s Crain’s and Pensions & Investments awards, and to visit our YouTube channel.
Investing in the Growth Engine of America ®
www.StarMountainCapital.com
Note: Detailed award eligibility requirements for Crain’s can be found here and for Pensions & Investments here.