Managing directors for private equity investments are expected to find new business opportunities for their firm, identifying and evaluating investments to determine their appropriateness. They typically lead a team of analysts and report to company executives, providing these senior officials with input and guidance related to transactions. Managing directors for private equity investments are also responsible for ensuring comprehensive research is conducted for every potential investment, as well as performing analysis of financial and business practices. They often participate in negotiating transactions, serving as the primary negotiator for their firm. Other tasks performed by these managing directors include working with third parties to develop investment financing support, providing white papers and other business documentation to support investments, and conducting due diligence (including legal and accounting) for investments.
Positions as managing directors for private equity investments generally require at least eight to 10 years of experience in private equity. Additionally, relevant education (such as a master of business administration) is typically needed as well. These managing directors must have excellent communication, analytical, and business skills to succeed in this position; they also need to work well in a team setting, as well as on their own with minimal supervision.
Managing directors for private equity investments generally work full time in an office setting during regular business hours. However, alternative and/or additional hours may occasionally be required (such as to conduct meetings with individuals in different time zones). Additionally, travel may be required for meetings and other events that take place off site.
Managing Director, Private Equity Investments Tasks
- Manage current investment portfolios to ensure continued success of investment strategies.
- Analyze new investment strategies to determine possible returns and assess risk.
- Review and evaluate clients' private investment options.
- Assign tasks to and supervise the work of associates and analysts.