Morgan Stanley Looking for Growth Equity – Expansion Capital – Associate at San Francisco, CA Full Time

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 2,300 investment professionals around the world and $1.4 trillion in assets under management or supervision as of September 30th, 2023. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

About Morgan Stanley Expansion Capital

Morgan Stanley Expansion Capital is a growth investing platform with over $2Bn of AUM across dedicated equity and credit funds. The team targets $20M to +$75M equity and credit investments in high-growth, capital efficient companies across all sectors, with a focus on the technology, consumer and healthcare verticals primarily in North America and Western Europe. Investments include first institutional, growth carve-out, founder liquidity, secondary and follow-on opportunities. Expansion Capital’s ability to invest across the capital structure, and its connectivity to a leading global brand, is unique within the late stage investing universe.

For more information on the Expansion Capital team and investment portfolio, please refer to our website here.

Responsibilities / Job Description

Associates on our platform will be trained to evaluate opportunities across the entire capital structure, including equity and debt. The responsibilities of the position include:

• Source new investment opportunities by representing Expansion Capital in networking, direct outreach, and other externally facing capacities
• Perform due diligence on investment opportunities, including financial modeling, industry research, market research, and developing a deep understanding of customers and competition
• Support portfolio companies post-investment

This position is typically a two-to-three-year role, with Associates moving to either other investment, corporate development, or operating roles. However, this opportunity does have the potential to evolve into a partner-track role without requiring an MBA for high performing Associates.

• Superior academic and performance record
• Two to four years of relevant finance experience (growth equity, venture capital, private equity, private credit, investment banking, or other direct investing roles)
• Software industry coverage experience preferred, but all relevant industry coverage experience (e.g., technology, consumer, healthcare) will be considered
• Strong knowledge of accounting, and financial statement analysis
• Excellent written, and verbal presentation skills
• Excellent interpersonal skills, and desire to network directly with founders and management teams to source new relationships and investment opportunities for the investment team
• Maturity to operate both independently and as part of a team, and work directly with founders and management teams of companies
• Bachelor’s degree in business, economics, accounting or related discipline preferred

Expected base pay rates for the role will be between $175,000 and $225,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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).

Posting Date

Nov 13, 2023

Primary Location

Americas-United States of America-California-San Francisco

Job

Asset/Investment Management

Employment Type

Full Time

Job Level

Associate