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Operating Partner Private Equity Jobs in Chicago, IL

National Accounts Director

Addison, IL ยท On-site

$100 - $125/hr

... operating partners * Identify and cultivate strategic partnerships that drive customer acquisition, revenue growth, and market expansion * Create and execute account plans for key private equity ...

Showing results 41-60

Operating Partner Private Equity information

See Chicago, IL salary details

$48.4K

$103.2K

$147.3K

How much do operating partner private equity jobs pay per year?

As of Sep 8, 2026, the average yearly pay for operating partner private equity in Chicago, IL is $103,200.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,100.00 and $123,600.00 per year, depending on experience, location, and employer.

What is an operating partner private equity?

Operating Partners in private equity are experienced executives who work with portfolio companies to improve their operations, drive growth, and increase value. Unlike investment professionals who focus on deal sourcing and financial structuring, Operating Partners leverage their industry expertise to help companies optimize processes, implement strategic initiatives, and enhance performance. They play a crucial role in executing value-creation plans set by the private equity firm and often serve as advisors or interim leaders within portfolio companies. Their goal is to ensure that the companies reach their full potential before being sold or taken public.

What are the key skills and qualifications needed to thrive as an operating partner private equity?

To excel as an Operating Partner in Private Equity, extensive experience in executive leadership, financial acumen, and a strong track record of driving operational improvements are essential, often backed by an MBA or similar advanced degree. Familiarity with financial modeling, portfolio management software, and due diligence tools is typically required. Outstanding interpersonal skills, strategic vision, and the ability to influence and mentor management teams help set top performers apart. These competencies are vital for maximizing portfolio company value, ensuring successful exits, and generating superior returns for investors.

What are common challenges operating partners private equity face when driving value creation across portfolio companies?

Operating Partners in Private Equity often encounter the challenge of balancing strategic oversight with hands-on involvement across multiple portfolio companies. They must quickly build trust with management teams, identify key operational improvements, and implement best practices tailored to each business's unique context. Additionally, aligning all stakeholders on growth initiatives and ensuring timely execution while navigating complex change management processes can be demanding. Success in this role requires strong communication, adaptability, and a results-oriented mindset.

What is the difference between Operating Partner Private Equity vs Investment Associate Private Equity?

AspectOperating Partner Private EquityInvestment Associate Private Equity
CredentialsExperience in management, industry expertise, often MBA or similarFinance degree, MBA or CFA often preferred
Work EnvironmentCollaborates with portfolio companies, focuses on operational improvementsConducts financial analysis, due diligence, and deal sourcing
Employer & Industry UsagePrivate equity firms, portfolio companiesPrivate equity firms, investment banks

Operating Partner Private Equity professionals focus on improving portfolio companies' operations, leveraging industry experience. Investment Associates primarily analyze deals, perform financial modeling, and support investment decisions. Both roles are integral to private equity but differ in responsibilities and skill sets.

What job categories do people searching Operating Partner Private Equity jobs in Chicago, IL look for?

The top searched job categories for Operating Partner Private Equity jobs in Chicago, IL are:

Infographic showing various Operating Partner Private Equity job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 14% Part Time, 3% Contract, and 1% Nights. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $103,200 per year, or $49.6 per hour.

Managing Director, Private Equity Funds

InforCapital, partnership

Chicago, IL โ€ข On-site

$200 - $250/hr

Other

Re-posted 23 days ago


Job description

Managing DirectorPrivate EquityOn-siteLocationChicago, United StatesStay ahead of the marketGet instant notifications when new job openings matching "Private Equity / Managing Director jobs in Chicago, United States" are published.## About This RoleBMO U.S.'s Community Capital Solutions (CCS) team invests the Bank's balance sheet in Private Equity Funds with SBIC licenses from the U.S. Small Business Administration. The Managing Director leads day-to-day value creation on a portfolio of 40+ LP investments in lower middle market PE funds managed by financial sponsors, drives portfolio-level performance, and mentors junior team members.Key responsibilities include: own accountability for 40+ LP investment files as primary point person; coordinate acquisitions, dispositions, refinancings, and strategic initiatives; track carrying values and exposure, oversee risk analysis; manage pipeline of new investments and serve on LP advisory committees; present investment/monitoring materials to investment committees; prepare and review portfolio forecasts and performance materials; oversee quarterly reporting and valuation; complete preliminary due diligence on new investment opportunities.All investments support BMO's Community Reinvestment Act (CRA) objectives. The role partners closely with sponsors and internal stakeholders at BMO Commercial, BMO Capital Markets and CRA Governance. #J-18808-Ljbffr