Investment Banking - EMEA Private Capital Advisory (PCA) - Associate - London

Overview

The Private Capital Advisory team sits within EMEA M&A and is part of the global Private Capital Advisory & Solutions team. It assists clients raise non-control private capital for purposes including M&A, growth/capex, shareholder monetisations, balance sheet equitizations, refinancings, and more. The team collaborates with country, industry, and product teams within the bank. The client universe includes large EMEA corporates, sponsor-owned companies, and entrepreneur-led/family businesses entering private transactions, including as an alternative to the public market. Capital is raised through bespoke M&A-style processes from sources such as private equity funds, sovereign wealth funds, alternative & credit investors, pension funds & insurance companies, family offices, and other institutional investors. Private investors seek opportunities to deploy solutions-focused capital and form long-term partnerships with corporates/entrepreneurs. You will gain exposure to all sectors, regions, and types of transactions across the capital structure from common equity to more structured deals depending on client requirements.

The team has raised more than $70bn of capital for clients in the last 5 years across over 30 transactions in EMEA, including landmark private capital transactions and partnerships between companies and private investors.

Responsibilities

• Work with clients in tandem with industry/country teams to analyse the optimal transaction structure and financial modelling for a potential transaction
• Analyse the most suitable investor universe for each transaction and engage with investors as part of outreach, including bilateral partnerships or broader partner identifications, and maintain ongoing dialogue
• Assist in the preparation of transaction marketing and process materials including term sheets
• Coordinate the process from launch to signing in collaboration with other internal teams, including investor outreach and overall transaction management
• Analyse proposals from investors, compare key terms, and oversee financial modelling to assess returns under different structures; support final negotiations
• Prepare materials to present to JP Morgan clients in partnership with industry or country teams
• Given the team's high deal flow and flat structure, expect to perform a variety of tasks with opportunities to step up

Required qualifications, capabilities and skills

• Several years of full-time investment banking experience
• Keen interest in private capital markets, minority M&A, and structured transactions; interest in how minority transactions work including shareholder and governance agreements
• Desire to work across sectors and gain exposure to different types of transactions
• Strong technical ability and overall corporate finance proficiency; ability to work across the capital spectrum and understand capital structures and investor returns modelling
• Ability to engage in client and investor communications
• Ability to take ownership across a transaction, with exposure to industry, country, and product teams
• Ability to show initiative and support multiple transactions in parallel, managing time across competing demands

Preferred qualifications, capabilities and skills

• Prior experience in M&A or capital raising, be it equity or debt / leveraged finance
• Prior experience in communicating with buy-side investors

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. We do not include external links here; please refer to internal resources for accommodation requests.

J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world. Opportunity to join the JP Morgan Private Capital Advisory team (which sits within EMEA M&A and is part of the global Private Capital Advisory & Solutions team), which originates and executes common equity and structured private capital transactions across sectors and regions in EMEA.