{"id":3549791,"url":"https://alion.io/job/stepstone-group-associatesenior-associate-private-equity","title":"Associate/Senior Associate - Private Equity","company":{"id":684981,"name":"StepStone Group","domain":"stepstonegroup.com","url":"https://alion.io/company/stepstonegroup","size_band":"201-500","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":null},"role":"Finance","role_family":"Finance","seniority":"senior","employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["La Jolla, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":{"min":122000,"max":180000,"currency":"USD","period":"year","gross":null,"usd_annual":180000},"salary_estimate":null,"experience_years_min":2,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[],"status":"live","first_seen_at":"2026-10-30T20:22:11Z","employer_posted_date":"2026-10-30","last_verified_at":"2026-11-10T21:31:12Z","board_verified":true,"closed_at":null,"days_open":11,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":11},"description":"We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.\nPosition Overview\nThis role will engage broadly across private equity, with a focus on co-investments and primary fund investments. The Associate/Senior Associate will take meaningful ownership across the investment process, including sourcing, screening, due diligence, underwriting, Investment Committee preparation, execution and ongoing portfolio monitoring. The individual will be expected to drive workstreams forward, develop independent investment perspectives, identify key areas of risk and opportunity, and translate analysis into clear recommendations for senior team members and Investment Committee discussions. The role is well suited for an investment professional with a go-getter mindset who can operate with increasing autonomy, manage multiple priorities and take accountability for high-quality execution in an entrepreneurial, collaborative and low-ego culture characterized by high volume and a fluid structure. The successful candidate should be able to evaluate individual opportunities while also thinking like a portfolio manager, considering how co-investments and fund commitments work together within a broader portfolio and how exposures across managers, industries, geographies and stages affect portfolio construction.\nEssential Job Functions:\nTake ownership of key workstreams across the sourcing, screening, due diligence, underwriting and execution of private equity co-investments and primary fund investment opportunities, leveraging the firm’s global network\nEvaluate and analyze buyout co-investment transactions across industries and geographies, as well as primary fund opportunities across managers, strategies, sectors and regions\nAssess private equity managers and funds, including team capabilities, investment strategy, track record, portfolio construction, market positioning, alignment of interests and key terms\nLead and coordinate elements of the due diligence process, working with fund managers, company management teams, investment bankers, advisors and internal teams to identify key investment considerations, identify new opportunities and move co-investments and primary fund commitments toward a decision\nDevelop financial and investment analyses, including valuation, leveraged buyout and cash flow analysis, as appropriate, and evaluate underlying assumptions, sensitivities and risk/reward considerations\nTake ownership of the preparation and presentation of due diligence materials and Investment Committee memoranda for both co-investments and primary fund investments\nDevelop an independent investment perspective, synthesize complex quantitative and qualitative information into clear conclusions and recommendations, and confidently communicate and defend that position in team discussions and Investment Committee meetings\nCoordinate transaction execution, closing and structuring for co-investments and fund commitments, proactively identifying and helping resolve issues throughout the execution process; monitor existing investments and fund relationships, evaluate performance and material developments, and maintain relationships with private equity sponsors, intermediaries, advisors and other investors\nRepresent the firm professionally in external interactions and contribute to broader portfolio and market discussions by identifying themes, trends and potential investment opportunities across managers, strategies and sectors\nSupport the development of junior team members by reviewing work, sharing investment perspectives and providing guidance as appropriate to level\nEducation and/or Work Experience Requirements:\n2-4+ years of private equity experience, preferably including co-investments and/or primary fund investing, or other relevant investment experience\nDemonstrated experience evaluating private equity investments, with transaction execution experience and exposure to manager, fund and track-record analysis preferred\nStrong quantitative and financial modeling skills, with the ability to assess valuation, investment returns and sensitivities\nStrong sense of risk/reward trade-offs and an ability to display sound investment judgment\nSelf-starter with the ability to independently structure analysis, identify the most important diligence questions, “work a deal” and think “outside the box” when evaluating and progressing opportunities\nStrong interpersonal skills, with the ability to synthesize detailed analysis into concise, decision-useful recommendations and communicate and present ideas effectively, both verbally and in writing\nCapable of managing multiple concurrent priorities, with strong attention to detail and a high degree of accountability for deliverables\nPromote and demonstrate a positive, team-oriented attitude, with a desire to develop, coach and lead deal teams as experience and responsibility increase\nOther Attributes:\nFluent written and spoken English\nCFA and/or MBA a plus, but not a requirement\nDemonstrated ownership mentality and willingness to take initiative beyond assigned tasks\nStrong judgment and comfort operating in a fast-paced environment with evolving priorities\nCollaborative, low-ego approach with the ability to work effectively across seniority levels and functions\nSalary Range: $122,000 - $180,000\nThe salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.\nAt StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all. \nAs an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.\nCandidates must be at least 18 years old to apply.\nDeveloping People at StepStone","description_format":"text","description_chars":6693,"description_truncated":false,"requirements":{"experience_years_min":2,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"master","optional":false},"security_clearance":false,"languages":[{"language":"English","level":"All levels","optional":false}]},"benefits":["Equity"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Asset Management & Funds","Private Equity"],"lifecycle":[{"event":"open","at":"2026-10-30T22:13:29Z"}],"visa":[{"country":"US","licensed_sponsor":true,"adverts_offering_sponsorship_24m":0,"sanctioned_now":false,"evidence":"H-1B filings in 12 months: 8 · green card filings: 2","filings_12m":8,"filings_prev_12m":11,"green_card_filings_12m":2,"median_offered_wage_usd":146500,"route":null,"cap_exempt":false,"checked_at":"2026-11-10T11:34:35+00:00","sources":["US Department of Labor: LCA disclosure data (H-1B, H-1B1, E-3)","US Department of Labor: PERM disclosure data (green cards)"],"filings_for_role_12m":0}],"liveness":{"score":90,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.903,"p_room":1,"age_days":10,"expected_fill_days":90,"reasons":["conf:1","velocity","win:early"],"computed_at":"2026-11-10T06:52:35Z"},"pay":{"stated_usd_annual":180000,"is_top_pay":true},"html_url":"https://alion.io/job/stepstone-group-associatesenior-associate-private-equity","json_url":"https://alion.io/job/stepstone-group-associatesenior-associate-private-equity.json","meta":{"generated_at":"2026-11-10T22:35:09Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":129,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-11T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.1,"usd":0.01,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":684981},"rest":"https://alion.io/mcp/rest/get_company?id=684981"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fstepstone-group-associatesenior-associate-private-equity"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":2,"usd":0.2},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fstepstone-group-associatesenior-associate-private-equity"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.1,"usd":0.01},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fstepstone-group-associatesenior-associate-private-equity"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/stepstone-group-associatesenior-associate-private-equity\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fstepstone-group-associatesenior-associate-private-equity"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":3549791}},{"tool":"search_jobs","arguments":{"company":"stepstonegroup.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":3549791},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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