Hedge Fund Solutions- Strategic Opportunities- Associate
Apply NowCompany: Morgan Stanley
Location: Conshohocken, PA 19428
Description:
Morgan Stanley Strategic Opportunities, an investment team within Morgan Stanley Investment Management, seeks to deliver innovative asset-based finance solutions to a global client base. The opportunistic business draws on decades of alternative investment experience, with a focus on asset-based finance private credit, alternative lending, and secondaries transactions. The Team structures compelling opportunities within less efficient markets and has acquired over $16 billion of assets across 600+ transactions.
The Strategic Opportunities team, comprised of 10 investment professionals based in the Philadelphia area, partners with high quality sponsors and originators globally in niche verticals to structure and execute complex opportunistic transactions with 2-5 year expected liquidity horizons. The Team's approach to each investment is bespoke, tailored to provide an optimal solution to each of the stakeholders in a transaction. As a result, no two transactions are the same, and each requires transaction expertise, thorough due diligence, and careful crafting to achieve desired objectives for all parties involved. These transactions often provide financing in exchange for contractual cash flows that are collateralized by assets. Financing against assets, rather than entities with assets, can mitigate counterparty risks and align incentives. Cash flows may stem from "hard assets" like aircrafts, ships, and infrastructure, or from more intangible assets like royalties, trade receivables, and consumer loans. Borrowers typically comprise small to mid-sized businesses, consumers, and specialty finance companies.
Investment Associates work closely with senior investment professionals alongside a diverse field of Sponsors, analyzing opportunities across a wide range of industries. Investment Associates are responsible for investment analysis, research, investment process management, transaction structuring, deal execution, and ongoing monitoring through to investment realization.
The Investment Associate will be a key member of MSIM's Strategic Opportunities team, with responsibilities detailed as follows:
Candidates must have completed an undergraduate degree and have 2-5 years of full-time work experience in a finance, investment, or strategy consulting-oriented role. Candidates with the following characteristics are highly preferred:
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
The Strategic Opportunities team, comprised of 10 investment professionals based in the Philadelphia area, partners with high quality sponsors and originators globally in niche verticals to structure and execute complex opportunistic transactions with 2-5 year expected liquidity horizons. The Team's approach to each investment is bespoke, tailored to provide an optimal solution to each of the stakeholders in a transaction. As a result, no two transactions are the same, and each requires transaction expertise, thorough due diligence, and careful crafting to achieve desired objectives for all parties involved. These transactions often provide financing in exchange for contractual cash flows that are collateralized by assets. Financing against assets, rather than entities with assets, can mitigate counterparty risks and align incentives. Cash flows may stem from "hard assets" like aircrafts, ships, and infrastructure, or from more intangible assets like royalties, trade receivables, and consumer loans. Borrowers typically comprise small to mid-sized businesses, consumers, and specialty finance companies.
Investment Associates work closely with senior investment professionals alongside a diverse field of Sponsors, analyzing opportunities across a wide range of industries. Investment Associates are responsible for investment analysis, research, investment process management, transaction structuring, deal execution, and ongoing monitoring through to investment realization.
The Investment Associate will be a key member of MSIM's Strategic Opportunities team, with responsibilities detailed as follows:
- Construct, analyze, and modify detailed financial models and return analyses
- Conduct market and industry research on both a primary and secondary research basis
- Prepare and present investment memos to the Investment Committee
- Prepare term sheets and letters of intent; Coordinate the execution of transactions through all parties involved
- Support investment sourcing, client service requests, portfolio monitoring, and other organizational processes
Candidates must have completed an undergraduate degree and have 2-5 years of full-time work experience in a finance, investment, or strategy consulting-oriented role. Candidates with the following characteristics are highly preferred:
- An undergraduate degree from a leading university with a strong GPA in a challenging major
- 2-5 years of full-time work experience
- Strong quantitative and qualitative analytical skills
- Strong verbal and written communication skills
- High level of attention-to-detail
- Financial modeling experience and an understanding of financial concepts, valuation, and accounting
- Ability to meet challenging deadlines while maintaining quality and accuracy
- Willingness to be a team player
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).