Associate

Role: Private Equity Associate

Hughes & Company is actively hiring for an Associate to join the investment team. This individual will play a central role in identifying, evaluating, and supporting investments in innovative healthcare software and technology-enabled services companies, and gain unique exposure into portfolio operations and value creation initiatives.

Company Overview

Hughes & Company is a private equity investment firm dedicated to transforming healthcare through innovative software and technology-enabled services. Based in Chicago, IL, we specialize in the North American lower middle market and are driven by a mission to lower healthcare costs while enhancing care quality. Our team is comprised of seasoned investors and healthcare technology executives who are passionate about fostering growth in this vital sector.

Position Overview

We are seeking an Investment Associate who embodies curiosity and a desire for continuous growth. This role is perfect for individuals who are passionate about the U.S. healthcare system and eager to explore solutions that improve it. Candidates should be proficient in Microsoft Excel and PowerPoint and possess the communication skills necessary to build trust with internal teams, senior executives and third parties. We are seeking dedicated individuals who are eager to take on daily challenges and demonstrate their commitment to long-term success.

The ideal candidate is a motivated self-starter with a strong understanding of growth-stage businesses, especially in the healthcare and technology sectors. This role requires working on-site at our Chicago office.

Requirements

• Bachelor’s degree from a top-tier university in the U.S

• Minimum of 2+ years of relevant experience in investment banking, private equity, consulting, corporate development, strategy, or other related roles

• Strong understanding of growth-stage businesses with recurring revenues, particularly within the healthcare and technology sectors

• Advanced proficiency in Excel, including knowledge of valuation techniques and financial modeling

• Highly motivated self-starter with the ability to work independently and collaboratively with a team

• Familiarity with financial statements, market analysis, customer evaluation, and structuring private equity deals

• Ability to simplify complex ideas and present them clearly in both written and oral forms

• Exceptional verbal and written communication skills

• Strong analytical, organizational, and writing skills

• Professional demeanor with excellent relationship-building and communication skills

Responsibilities

Deal Execution:

· Conduct thorough analyses of potential investments, including financial modeling and preparation of deal memoranda

· Actively participate in the entire due diligence process including business, financial, technology, market and customer diligence; help direct and manage third-party advisors including accounting, tax, technology, market and legal

· Analyze and present findings on company information, collaborating on all aspects of due diligence, legal, and financial reviews, as well as the closing process

· Assist in preparing materials and negotiations with financing sources and lenders

Sourcing:

· Cultivate relationships with management teams, external advisors, and industry experts to develop a robust network

· Collaborate on market research, identifying emerging trends and refining firm investment thesis

· Attend industry conferences and networking events to build relationships and identify potential investment opportunities

· Maintain and organize a transaction database to ensure accuracy and relevancy

Portfolio Management:

· Work with internal teams and executive leadership on value creation initiatives

· Support the monitoring of operational initiatives within portfolio companies

· Assist in developing dashboards and reporting key performance indicators for portfolio companies

· Aid in meeting internal and external reporting requirements related to the portfolio

Other:

· Assist in preparing presentations and materials for investor reporting and meetings