The Role: MetLife seeks a Director to join our private equity unit (PEU) managing more than $13 billion of assets on behalf of our general account and affiliated entities. The Director position is a unique opportunity to work directly with senior management in a small, flat investment organization that has generated strong long-term returns for its constituents. MetLife's portfolio is invested globally across a broad range of private equity sub sectors, including private equity (LBOs), venture capital, growth equity, energy, distressed debt, and secondary funds.
Reports to: Head of Private Equity & Hedge Funds
Direct reports/team: 1
Key Stakeholders: AIC, Legal, ICG
Source and track new opportunities with external investment managers; lead the fund due diligence including review of data room, detailed portfolio review and analysis, and fundamental research of portfolio holdings as well working with the legal department on the LPA legal review.
Lead the preparation of investment memos and presentations for the investment committee.
Meet with existing GP's to receive updates to evaluate investment progress, team/organizational changes, strategy, and to receive updates on the state of the markets and potential investment opportunities.
Assist in the completion of sector reviews for our Distressed, LBO, Venture Capital, and Energy portfolio segments.
Analyze and monitor existing portfolio relationships through annual meeting attendance and monitoring of quarterly reports.
Train and mentor junior staff members.
Essential Business Experience and Technical Skills:
Minimum of 10+ years of experience in the due diligence, selection, monitoring and management of private equity fund investments.
Strong analytical, quantitative and interpersonal skills with the ability to work independently and in a team.
Detail-oriented individual with keen focus on performance and results.
Excellent written and oral communication and presentation skills.
MetLife Success Principles
Experiment with Confidence - Courageously learn and test new ideas without fear of failure
Act with Urgency - Demonstrate speed to action with agility and determination
Seek Diverse Perspectives - Source ideas and feedback to expand thinking and make informed decisions
Seize Opportunity - Drive responsible growth and identify areas for continuous improvement
Champion Inclusion - Foster an environment where everyone is valued, heard, and can speak up
Create Alignment - Partner with others across the organization with candor and transparency
Take Responsibility - Be accountable and act in pursuit of the right outcomes
Enable Solutions - Anticipate and address obstacles while managing risk
Deliver What Matters - Execute meaningful priorities and follow through on commitments
With 152 years of experience, the MetLife companies are a leading innovator and a recognized leader in protection planning and retirement and savings solutions around the world. We have established a strong presence in more than 40 markets globally through organic growth, acquisitions, joint ventures and other partnerships. We are strengthening our global brand by extending core products and competencies to markets around the world – an important driver of growth for the enterprise.Around the world, the MetLife companies offer life, accident and health insurance, retirement and savings products through agents, third-party distributors such as banks and brokers, and direct marketing channels. We work with families, corporations and governments to provide them with solutions that offer financial guarantees in their lives. Our name is recognized and trusted by tens of millions of customers worldwide, and we serve more than 90 of the top 100 FORTUNE 500® companies in the United States. We have the experience, global resources and vision to provide financial certainties for an uncertain world.