About this opportunity
Jefferies lists this Investment Banking Associate | Secondary Advisory (GP, Real Estate & Infrastructure) opportunity in new york city, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
The Associate will join the firm's Private Capital Advisory (“PCA”) – Secondaries team in New York, with a dedicated focus on Real Estate & Infrastructure GP-led transactions , including continuation vehicles, recapitalizations, and joint ventures. The Associate will play a central role in execution leadership, sponsor relationship management, asset underwriting, and transaction structuring, working closely alongside senior PCA bankers and Jefferies’ Real Estate Gaming & Lodging and Infrastructure coverage teams. This role is designed for a banker who combines M&A-level execution rigor with a deep understanding of private capital markets, real asset investing, investor dynamics, and GP objectives across the fund lifecycle.
Team & Platform Overview
The Private Capital Advisory platform is part of one of the largest and most active fully integrated franchises on Wall Street, advising sponsors on strategic franchise enhancing transactions. The team advises leading managers across a broad range of sectors, including but not limited to digital infrastructure (data centers), industrial, residential, hospitality, and self-storage.
~20% global GP-led market share in 2025
95 GP-led transactions signed or closed since January 2022
$63B+ of GP-led transaction volume signed or closed since 2022
The team operates as one integrated Private Capital Advisory platform, combining:
110+ dedicated secondary advisory professionals across seven global offices
150+ private capital professionals globally
Responsibilities
Lead/co-lead day-to-day execution of single-asset and multi-asset continuation vehicle transactions across real estate and infrastructure portfolios
Own financial modeling, valuation analysis, and underwriting materials for real estate and infrastructure assets, portfolios, and funds
Analyze asset-level operating performance, cash flow characteristics, capital structure considerations, and long-term value creation plans
Prepare and manage CIMs, management presentations, term sheets, LP election materials, and investment committee documentation
Coordinate buyer outreach, investor diligence, bid evaluation, syndication processes, and transaction closings
Serve as a day-to-day coverage point for real estate and infrastructure sponsors and asset managers
Manage Analysts, maintaining high execution standards and mentoring junior team members
Support senior bankers in origination efforts and strategic advisory dialogues regarding portfolio optimization, fund liquidity solutions, and continuation vehicle opportunities
Work closely with sector banking, project finance, and capital markets teams to evaluate asset-specific investment considerations and market dynamics
Qualifications & Profile
2-5+ years of experience in investment banking, private capital advisory, secondary advisory, real estate advisory, or infrastructure investing
Experience evaluating or advising on real estate, infrastructure, or other real asset investments is strongly preferred
Direct exposure to GP-led transactions, continuation vehicles, sponsor coverage, or complex private market transactions is preferred
Strong foundation in valuation methodologies relevant to real assets, including DCF, NAV, project finance, and asset-level cash flow analysis
Understanding of private fund structures, sponsor economics, and institutional investor requirements
Ability to manage complex transaction processes and senior stakeholder relationships
Demonstrated leadership, project management, and team management capabilities
Exceptional analytical, communication, and presentation skills with a high level of attention to detail
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.