Firm Overview:
Altamont Capital Partners (“ACP”) is a leading private equity firm based in Palo Alto, California. We focus on investing in change-intensive, middle-market private companies. The firm currently manages a fund of over $1B for a small group of the world’s most sophisticated private equity fund investors.
ACP’s investment strategy seeks out complex business situations, using rigorous analytics to uncover hidden value and then actively capitalizes on the opportunity as partners with management.
Our leadership team has an extensive track record of success, having previously worked together at Golden Gate Capital and Bain & Company.
Analyst Program Overview:
The firm is currently seeking candidates for our analyst program starting in 2015. The ACP analyst program provides an accelerated private equity career path for highly qualified undergraduate students who strongly believe they want to pursue a career in investing.
The program is designed to be three years in length and includes extensive training and experience in the skills required to be a successful private equity investor. This training combines tools and concepts drawn from strategy consulting, corporate finance and PE investing.
The program begins with a dedicated training program to develop the foundational analytical skills. Upon completion, analysts will work as a member of deal teams evaluating and executing new investments, as well as supporting existing portfolio companies. Finally, to provide valuable experience and insight into what it’s like to work in a company undergoing change, analysts are given a temporary dedicated assignment to actively support an Altamont portfolio company management team in a consulting or operating role.
Overall, the firm’s professional development program is designed to prepare analysts to become an associate at the firm. Those promoted to associate will be at the firm for a full three years, at which point they can go on to graduate school, or by mutual agreement continue their career at ACP. The firm will also sponsor select candidates to go to business school and return to ACP.
Analyst Position Description:
Analysts typically work within 3-4 person investment teams conducting research and doing analytical work while evaluating new opportunities and executing new investments. After an investment is made, the team will actively work with portfolio company management teams on ongoing value creation initiatives.
Typical analyst responsibilities:
- Review, analyze and evaluate offering memoranda on potential new investments
- Travel to companies to participate in management meetings
- Conduct market research to determine a market’s size, growth and key trends
- Conduct analyses on the financial performance and operations of a target company
- Perform valuation analyses and model investment returns
- Negotiate confidentiality agreements
- Contribute to deal team investment evaluations/decisions
- Help management teams analytically evaluate strategic options and resource decisions
The firm’s culture is team-oriented and highly collegial. The work is intense and challenging, and can be exceptionally gratifying. It can also be very demanding. In particular, the transactional part of the work is often very time-sensitive and requires team members to work long hours on short notice. Significant amounts of travel can also be required.
Analyst Position Application Criteria:
Altamont looks to recruit a select few students who have the talent, academic preparation, work experience and personal motivation to enable them to excel in private equity.
Coursework / Any major or area of focus in your studies is fine. What is required is demonstrated evidence of strong quantitative analytical skills.GPA & Test Scores / High GPAs and test scores are evidence of the drive, intellect and analytical capability we seek. We assess GPAs in the context of the course load rigor and a person’s other activities (e.g. varsity sports).
Experience / We look for a demonstrated track record of leadership and being an active contributor to the campus and surrounding community. Actual experience working in an (analogous) company is highly valued.
Application Process and Timeline:
Please submit your application electronicallyvia your campus recruiting system. You may be asked for references if selected. The recruiting contact is Julie Duryea.
Application Content: / Brief cover letter, resume, transcript, tests scores (SAT; GMAT, if available)Application Deadline: / September 9, 2014
Selected candidates will be contacted directly for interviews.