We're Hiring!

Private Equity Analyst/Associate Opportunity

Fund Description: Catalus Capital is a multi-strategy private equity firm founded in early 2011.  Catalus recently raised its second fund, Catalus Growth Partners (CGP), which focuses on majority acquisitions of businesses with significant expansion potential. CGP typically utilizes no leverage and has an indefinite hold period for its investments. This unique approach makes CGP an ideal partner for operators with long term perspectives and an attractive option for owners seeking to protect their legacy.

CGP seeks middle-market US businesses that have an established track record of success and are poised to become industry leaders with the appropriate capital and resource support.  CGP targets fragmented industries that can be consolidated and that could benefit from the increased use of technology or innovation. Platform acquisitions will have an enterprise value of $25 million to $125 million and will have generated at least $4 million of trailing EBITDA.

Opportunity Description: The fund is seeking a full-time Analyst or Associate to help support investment evaluation, deal sourcing, due diligence, execution, and other related tasks. The position reports directly to the head of the firm. Responsibilities include analyzing, summarizing, and presenting investment opportunities as well as assisting in developing the deal flow network, investigating targets, and activities related to managing the firm. Experience in private equity, corporate M&A, or investment banking are required. An ability to work diligently in an unstructured and entrepreneurial environment is also desirable. The position will allow for significant responsibility in the deal evaluation and investment process. This is an opportunity to join a newly raised fund within an established private equity platform.

Catalus prides itself on cultivating a more flexible, entrepreneurial, and fun culture than traditional funds.

Responsibilities/Requirements:

Prior experience in an investment capacity within a private equity or growth equity fund, or investment banking.       

• Expertise on the deal sourcing, diligence, and execution process.
• Ability to quickly and effectively evaluate, summarize and present investment opportunities.
• Strong analytical skills to evaluate businesses, market opportunities, and industries.     
• Strong communication skills and keen attention to detail. Applicant will be required to draft investment memoranda and present ideas to the fund’s investment team, in addition to interact with investment bankers, advisors, and directly with senior management of targets.      
• Strong modeling and deal structuring skills. Applicant will be required to evaluate multiple potential transaction structures and assess the impact on potential investments.     
• Ability to work in a flexible and entrepreneurial environment.

Location: Flexible. The firm’s primary office is in NYC with a satellite in Greenwich, CT. The right candidate could work remotely part or full-time, if willing to travel to NYC regularly.

Pay: Competitive based on experience.

Resume Submission: phil@cataluscapital.com

My Biggest Lesson 5+ Years After co-Founding Catalus Capital

The most important thing is the people that you work with, above all else. 

It sounds really basic, right?  Before starting Catalus I had probably read dozens of books and articles that emphasized the importance of working with honest, diligent, and reliable people that are experts in their market niche.  But I never really understood what that meant until years of ups and downs working with a range of amazing individuals to downright crooks. 

In my business, investing with great people means that you can trust what you’re being told, and that you’ll get the full story independent of whether its good or bad.  It means that you can rely on your partner to do their best to fulfill their promises, even if you’re not watching over their shoulder.  It means that they know their business cold.  You’re not guaranteed success but you have the highest probability of achieving it.

On the other hand working with people that have low ethical standards or don’t have the drive to go the extra mile can lead to some pretty negative situations.  These are the people that may lie, cheat, steal, or look the other way.  Furthermore, they can suck all the fun out of investing for a living.

In some of our deals we’ve dealt with amazing people that achieved incredible feats through their dedication and abilities.  We feel honored to be working with those individuals and appreciate their efforts.  But you don’t know a person’s nature when you meet them.  You learn that over time, and its easy to miss the early clues if you’re not watching for them. We’ve been tempted by deals that look great on paper but give us the feeling that something is ‘off’.  Eventually, we’ve always been thankful for passing on those.  Its human nature to give people some benefit of the doubt when a grey area exists.  But as an investor, it’s important to limit that instinct in favor of always demanding the highest standards out of potential partners.