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Council Capital
Nashville, Tennessee, United States
Source: Council Capital careers · View original posting
From Council Capital's posting. “We” and “our” refer to the employer.
Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee, managing over $350 million in committed capital.
We invest in lower middle market healthcare companies where we see the potential to scale purpose and performance. Our investments span control and minority positions in businesses with enterprise values between $10 million and $100 million.
Council Model
—a proven framework that surrounds founders and leadership teams with a powerful combination of support: our CEO Council of seasoned operators, our Strategic Healthcare Investors who bring real-world insight and access, and our internal
Value Creation Team
, focused on enabling growth through talent, systems, and strategy.
At Council Capital, we’re not just backing companies—we’re helping build enduring businesses that improve lives and shape the future of healthcare.
The Associate role is not just a support role built around modeling requests. You will find deals, underwrite them, and help support them—you will leave the firm better equipped than you found it. The work splits three ways.
Where your time goes & What that means
40% Business Development
Support mid-level-led themes on development and outreach, and own thesis segments of your own: the memo, the target list, and the live outreach, with mid-level approval before anything goes out. Business development is a 40% minimum. When execution is light, your time shifts heavier to sourcing.
40% Diligence and Execution
Models, IC memos, and supporting analysis on live deals. You are responsible for analyzing new opportunities and supporting mid-levels in diligence workstreams end-to-end, including third-party providers and the timeline.
20% Portfolio Support
Portfolio companies as assigned, alongside mid-levels and Partners, joining boards as an observer. Waterfalls, board materials, and reporting with variances flagged before management raises them.
A quarterly to semi-annual deep dive on a thesis segment, from the memo through the target list through conversations with owners and intermediaries. This might be a segment of a theme a mid-level is driving, or a smaller-scale theme of your own.
The financial model on live deals: pressure-testing, scenario analysis, building where required, and defending your work when a Partner starts asking questions.
Operating analysis on targets beyond financial modeling: KPI trends, HR and retention trends, sales and marketing trends, cost trends, and more.
Support mid-levels in diligence workstreams end-to-end, including third-party providers and the timeline—not just the output.
IC memos, portfolio updates, and board materials that are ready to circulate after mid-level review.
Reporting and performance tracking for portfolio companies you support, with variances flagged before management raises them.
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