Associate, GP Stakes, Secondaries

Position Summary This Associate will join a dedicated team within Ares Secondaries focused on minority equity investments in alternative asset managers (GP Stakes), a strategy that aligns long‑term capital with high‑performing sponsors. The role offers exposure to differentiated transactions, strategic portfolio development, and the opportunity to work alongside seasoned investors in a fast‑growing vertical. Primary Functions and Essential Responsibilities Evaluate new GP investment opportunities by conducting due diligence, industry research, and sponsor interviews. Build and maintain dynamic financial models to assess GP‑level economics, cash flows, and valuation. Support deal execution including contract negotiations, structuring, and closing processes. Prepare investment committee materials and presentations for internal and external stakeholders. Track performance of existing portfolio companies and assist in strategic value‑add initiatives. Conduct ad hoc analyses including LP inquiries, market benchmarking, and industry trend analysis. Collaborate with capital formation, fund development, and portfolio management teams. Qualifications 2–4 years of experience in GP Stakes, investment banking, private equity, or secondaries investing. Strong financial modeling and valuation skills, with experience analyzing complex cash flow structures. Proven ability to prepare professional‑grade presentations and investment materials. Demonstrated interest in private markets and asset management businesses. Bachelor’s degree in finance, economics, or a related field. Ability to work independently and as a collaborative member of lean deal teams. Reporting Relationships. Compensation The anticipated base salary range for this position is $130,000.00 - $175,000.00. Total compensation may also include a discretionary performance‑based bonus. Benefits Ares U.S. Core Benefits include: Comprehensive Medical/Rx, Dental and Vision plans. 401(k) program with company match. Flexible Savings Accounts (FSA). Healthcare Savings Accounts (HSA) with company contribution. Basic and Voluntary Life Insurance. Long‑Term Disability (LTD) and Short‑Term Disability (STD) insurance. Employee Assistance Program (EAP). Commuter Benefits plan for parking and transit. Additional benefits: Access to a world‑class medical advisory team. Mental health app that includes coaching, therapy and psychiatry. Mindfulness and wellbeing app. Financial wellness benefit with access to a financial advisor. New parent leave, reproductive and adoption assistance, emergency backup care. Matching gift program, education sponsorship program, and more. Equal Employment Opportunity Ares Management LLC is an Equal Employment Opportunity employer and considers all applicants for employment without regard to race, color, religion, ethnicity, creed, sex, age, national origin, alienage or citizenship status, disability, medical condition, pregnancy, marital status, partnership status, sexual orientation, status regarding public assistance, military or veteran status, domestic violence victim status, gender identity and expression, transgender status, genetic information, status as unemployed, political affiliation or any other characteristic protected by federal, state or local law. Ares Management will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance Initiative for Hiring Ordinance. (1) #J-18808-Ljbffr Ares Management Corporation