Associate, GP Stakes, Secondaries

Ares Management is hiring an Associate to join a dedicated team within Ares Secondaries focused on minority equity investments in alternative asset managers (GP Stakes). Ares Secondaries has pioneered secondary market transactions for three decades across private equity, real estate, infrastructure and credit, with over 150 professionals across six global offices.

The Associate will evaluate new GP investment opportunities via due diligence, industry research and sponsor interviews, build and maintain financial models to assess GP-level economics and valuation, support deal execution including negotiations and structuring, prepare investment committee materials, track portfolio company performance, and conduct ad hoc analyses including LP inquiries and market benchmarking.

Qualifications include 2-4 years of experience in GP Stakes, investment banking, private equity, or secondaries investing, strong financial modeling and valuation skills for complex cash flow structures, and demonstrated interest in private markets and asset management.