Job title: Business Development Coordinator
Reports to: John Kim
Location: Larchmont, NY
New State Capital Partners is a private equity firm located in Larchmont, NY. We have raised capital from endowments, foundations and other limited partners. We seek to invest by acquiring middle-market-sized companies in the U.S. and Canada, growing these businesses and then selling them at higher valuations. We focus on investments at $8-$30MM EBITDA, particularly in the sectors of Healthcare Services, Business Services, Industrials and Consumer.
We believe that New State is a differentiated private equity firm. We aim to be more nimble, more decisive and more cooperative than bigger, institutional private investment firms. We embody an entrepreneurial spirit and a true commitment to our partners. The firm was founded on the principles of cooperation and strong ethics and we seek to invest in great companies and great people.
Notably, we believe that we have a differentiated deal sourcing approach — that is the process by which we find potential investment opportunities. We interface with over 1,200 intermediaries across the country to search for good companies in which we can invest.
4 hours/day across 3 US time zones calling intermediaries (including investment banks, accountants, consultants and lawyers) introducing the firm or following up with intermediaries who have previously been contacted. This is a rapport-building, relationship-building role, not a sales position, and previous sales experience is not required. The audience is receptive and there is nothing to sell. Position requires high energy, polished phone skills, strong attention to detail and an ability to stay organized and track phone call progress in a simple spreadsheet. Phone calls can be made from the New State office or from an alternative location and can be made on a flexible schedule as long as the 3 time zones can be covered.
If candidate would like to work an additional 5-10 hrs/week, there is an opportunity to help with office management (ordering supplies, meeting logistics, data entry, and accounting support) as supplemental activities.
- Some experience working in a business-related office environment; professional demeanor, strong phone skills. Good perseverance. Friendly, with good rapport-building skills.
- Previous experience in banking, consulting or investing (in any capacity) a plus but not required.