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Private Equity Analyst (San Francisco)

Equilibrium

Private Equity Analyst (San Francisco)

San Francisco, CA
Full Time
Paid
  • Responsibilities

    Equilibrium:

    Equilibrium’s Controlled Environment Foods (EQ CEF) platform is the largest dedicated greenhouse and controlled environment agriculture investor in North America. Now managing in excess of $500 million across two proprietary funds, the Controlled Environment Foods Funds I/II (CEFF I and CEFF II), the Team provides project-level equity to design, build, and lease advanced greenhouse (and potentially other controlled environment foods) facilities to experienced operators in North America.  The Team is executing and managing CEFF I, deploying and raising CEFF II, and looking to hire an Analyst to be eventually based out of Portland, Oregon, as it expands to build a $1 billion portfolio of controlled environment foods assets over the next three years. Other US geographies will be considered, with the understanding that relocation will be required depending on the COVID-19 situation over the next 9-12 months.

    Equilibrium innovates and manages sustainability-driven asset investment strategies and products for institutional investors.  The firm has developed market-leading platforms in advanced agriculture infrastructure, covering strategies that include regeneratively grown permanent crops, controlled environment foods, and waste-water-energy distributed infrastructure.  The firm has offices in Portland, Oregon; San Francisco, California and London, England.

    Responsibilities:

    • Support the investment underwriting and due diligence process working with senior investment and technical team members, which includes but is not limited to: financial modeling, drafting investment memos and other documents, conducting research, coordinating consultants and transaction counsel, preparing checklists, etc.
    • Working with other team members, review various legal and project due diligence documents to ensure underwriting standards are followed and IC requirements are met.
    • Provide oversight and asset management of existing portfolio investments, including capital structure optimization and refinancing, ongoing investments, and expansions.
    • Support investor relations with preparation of quarterly and annual materials, including individual asset updates, fund level performance analysis, and annual presentations.
    • Support the raising of additional capital, including the preparation of offering documents, due diligence inquiries, and meetings with potential investors.
    • Working with operating and off-take partners, provide development oversight for projects being tracked for potential investment, including monitoring and verifying site control, permitting, and other regulatory and compliance items that are prerequisites to potential investment.
    • Provide portfolio management support for existing investments including budgeting expected performance, evaluating actual performance and implementing portfolio management processes including continuous improvement.

    Qualifications:

    • A minimum of two years; experience in agriculture, investment banking, or private equity preferred.
    • Knowledge of financial modeling and the ability to demonstrate modeling proficiency.
    • Ability to cultivate and maintain strong relationships both internally and externally working in a small team environment.
    • Demonstrated excellent English written and verbal communication skills.
    • A passion for sustainable investing and asset management with openness and flexibility to shift roles and grow over time moving from investment transactions to operational asset management.
    • Must possess a minimum of a Bachelor’s degree.
    • Preference given to candidates with Chartered Financial Analysts (CFA) designation or progress toward such designation.
    • Excited about working and living in Portland, Oregon, with the ability to travel frequently as needed; perhaps 15% of the time as travel resumes.
    • Familiar with triple-net and/or operating leases preferred. 
    • Experience in the greenhouse, renewable energy, real estate, project financing, or debt financing areas is preferred.
    • Ability to cultivate and maintain strong (in-person and virtual) relationships both internally and externally, working in a cross-functional small team environment.
    • Team-oriented with the resilience and ability to work in dynamic and entrepreneurial environment, which includes ambiguity and changing priorities.
    • Spanish proficiency a plus, but not required.

    Compensation:

    • Competitive compensation will include a base salary with a potential performance-based bonus and standard benefits that will be commensurate with experience, including potential firm and/or fund-level equity participation based on performance evaluation over time. Benefits include a full array of insurance with a significant employer subsidy (health, dental, vision, disability & life), paid parental leave, tax advantaged savings (HSA, FSA, transportation, dependent care along with 401(K) with company match) and bank less PTO.

    We are, and welcome, all individuals with different and unique traits and classifications, varying cultures, habits, points of view and languages.  We are passionate about creating and inclusive workplace that promotes and values diversity.  We and all of our diversity continue to drive the success of Equilibrium.  We welcome you to Equilibrium.

    _ _

    Our company provides equal employment opportunities (EEO) to all applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, marital status, or status as a covered veteran in accordance with applicable federal, state and local laws. Our company complies with applicable state and local laws governing non-discrimination in employment. This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, leaves of absence, or compensation.