About Jefferies Secondary Advisory
Jefferies Secondary Advisory is one of the market’s leading and fastest‑growing advisors to financial sponsors and institutional investors seeking strategic liquidity solutions in the private markets. Our team partners with venture capital and growth equity firms to design and execute GP‑led secondary transactions that optimize portfolio management, extend duration for high‑conviction assets, and support value creation across the growth and innovation ecosystem.
We also advise institutional limited partners—including sovereign wealth funds, pensions, endowments, foundations, family offices, and other major allocators—on the sale and active management of portfolios of limited partnership interests across venture capital, growth equity, and other alternative strategies.
Secondary Advisory – Global Snapshot (2026)
- ~100+ dedicated secondary advisory professionals across New York, San Francisco, Dallas, London, and Hong Kong
- $250B+ in advised transaction value, including dozens of high‑profile growth equity and venture GP‑led processes
- Integrated collaboration with Jefferies Private Fund Advisory and global sector banking teams for strategic coverage and investor reach
- One of the most active advisors globally in single‑asset and multi‑asset continuation vehicles for growth and venture clients
Role Overview
Jefferies is seeking an Analyst to join its Secondary Advisory team in New York, specifically supporting GP‑led secondary transactions for venture capital and growth equity sponsors. The venture/growth secondary market continues to expand rapidly as firms seek new liquidity pathways for high‑performing assets, structured capital solutions, and next‑generation continuation vehicles. The Analyst will be a key member of marquee transactions, working closely with innovative GPs, portfolio companies, and the global secondary investor universe. This is a unique opportunity to impact some of the most sophisticated and entrepreneurial clients in private markets, while collaborating across Jefferies’ technology, healthcare, fintech, and consumer sector franchises.
Key Responsibilities
Transaction Execution & Analysis
- Support the execution of GP‑led secondary transactions across the growth equity and venture ecosystems, including continuation vehicles, strip sales, tender offers, structured secondaries, and NAV‑based solutions
- Build and maintain financial models, asset‑level projections, valuation analyses, and sensitivity cases under the guidance of senior team members
- Assist in the preparation and refinement of core transaction materials, including process letters, management presentations, teaser decks, and investor diligence materials
- Help coordinate diligence efforts with portfolio companies, fund finance teams, legal counsel, and third‑party advisors, ensuring timely and accurate information flow
Client & Investor Support
- Support day‑to‑day interactions with venture capital and growth equity sponsors, portfolio company management teams, and investors
- Assist with investor outreach processes, including buyer targeting analysis, tracking outreach progress, and managing inbound questions
- Prepare materials and logistics for investor calls, management meetings, diligence sessions, and virtual/on‑site roadshows
- Capture and synthesize investor feedback to support transaction structuring discussions and value‑maximization efforts
Market Research & Internal Collaboration
- Conduct research and analysis on venture and growth secondary market trends, including capital formation, exit dynamics, deal structures, and fund performance benchmarks
- Partner closely with Jefferies sector coverage teams (e.g., Technology, Healthcare, Consumer, Financial Institutions) to support integrated client coverage and idea generation
- Maintain and update internal databases related to secondary investors, strategies, pricing observations, and historical deal outcomes
Qualifications
- Bachelor’s degree with a strong academic record
- 1+ years of relevant experience in investment banking, valuation advisory, consulting, VC/growth equity, secondaries, or a similarly analytical environment
- Strong financial modeling and valuation skills; exposure to high‑growth companies preferred
- Familiarity with venture and growth equity ecosystems, including fund structures, portfolio construction, and company‑level operating metrics
- Ability to work professionally with senior team members, clients, founders, and investors
- Strong organizational skills with the ability to manage multiple workstreams and perform under tight deadlines
- Demonstrated ownership mindset, attention to detail, and analytical curiosity
- Excellent written and verbal communication skills, with advanced proficiency in Excel, PowerPoint, and Word