Private Equity Senior Associate
OrbiMed Adivsors, LLC
New York, NY 10022
The Private Equity Senior Associate will support senior members of the private equity/venture capital team at OrbiMed Advisors, LLC (www.orbimed.com) a health care-dedicated organization with a successful 20 year track record and more than $5B in assets under management.
The Senior Associate will play an integral supporting role in the generation of new investment ideas, in conducting due diligence for new investments, and in the management of current portfolio positions. The successful candidate will have a strong scientific and/or clinical background and be able to understand, interpret, and integrate information from diverse therapeutic areas in order to reach investment conclusions. It will also be critically important for candidates to understand business principles and market dynamics in the drug and medical device sectors.
Specific activities will include financial modeling using Excel, working with consultants to perform scientific and financial due diligence, preparing PowerPoint presentations for both internal and external audiences, working with attorneys to draft term sheets and investment documents, analyzing data from various information vendors, and maintaining proprietary firm databases. The complexity of work projects would be expected to increase as the Senior Associate develops. The position is designed to last for 2-3 years, but potentially could be extended for select candidates. The position provides an exceptional opportunity for individuals interested in gaining experience in healthcare private equity & venture capital investing.