Location: Chicago, IL

Ullico Infrastructure Management Company (“UIMC”) is seeking an Associate to join the Ullico Infrastructure Fund (“UIF” or the “Fund”) investment team. UIF has investments in various types of infrastructure including, but not limited to, renewable energy, conventional power generation, utilities, energy, transportation, and digital infrastructure. The position will support the Fund’s acquisition, asset management and portfolio management activities in overseeing existing investments and adding new investments that meet the Fund’s strategy and investment parameters.

Primary Responsibilities:

  • Involvement with the investment process from origination to closing, including screening, due diligence, underwriting, structuring, and documentation.
  • Involvement with the investment process from origination to closing, including screening, due diligence, underwriting, structuring, and documentation.
  • Creating, reviewing, and managing complex financial models to evaluate investment opportunities, optimize capital structure, and sensitize for various economic scenarios.
  • Working with the team to conduct commercial, financial, legal, and technical diligence.
  • Preparing investment memoranda and presentations.
  • Drafting and negotiating definitive documentation.
  • Working closely with various portfolio company management teams and their respective boards of directors to shape corporate strategy and implement value-enhancing initiatives, including capital projects, operational improvements, re-financings and follow-on acquisitions.
  • Reviewing and analyzing construction plans, business plans, board material and other information prepared by management of portfolio companies.
  • Monitoring existing investments and assisting with investor reporting and diligence requests.
  • Support portfolio management activities including fund valuation activities and investor reporting.
  • Lead or support industry or market research initiatives and assist in preparing presentations on research findings.


  • Minimum 3-4 years of professional work experience in principal investing, investment banking, corporate development, accounting and/or consulting.
  • Bachelor’s degree require. MBA, CFA, CPA or other finance training is a plus.
  • Demonstrated competency in technical analysis, corporate finance, financial modeling, due diligence, valuation, deal structuring, and transaction process.
  • Strong oral and written communication skills and proven experience preparing polished presentation materials.
  • Strong attention to detail, intellectual curiosity, and desire for self-development
  • Self-directed critical thinker and complex problem solver.
  • Team-oriented, with a willingness to work in an entrepreneurial environment.
  • Demonstrated leadership and ability to work effectively as part of a team, with a willingness to work in an entrepreneurial environment.
  • Strong relationship orientation with an ability to build and maintain productive relationships with internal and external partners including portfolio company management teams, third-party advisors and vendors.

Culture: UIF has a collegial and dynamic culture. We value diversity in perspectives and seek team members whose values align with our attributes as entrepreneurial, collaborative, inclusive, respectful and disciplined. We are committed to the development of our people through exposure to diverse work functions and businesses.

Company Profile: UIF provides institutional investors with access to core and core+ infrastructure investments that deliver long-dated, low-volatility, and inflation-linked cash flows. As an open-ended fund with no terminal date, we make long-term investments in U.S. and Canada-based infrastructure businesses that provide essential services to communities, governments, and corporations. Our portfolio of investments span across the spectrum of infrastructure space, including power, utilities, energy, transportation and digital infrastructure. UIF was established in 2010 and is based in Chicago, Illinois.

UIF is a subsidiary of Ullico Inc. (“Ullico”), an insurance and financial services holding company founded in 1927 and based in Washington, D.C. As of December 31, 2022, Ullico’s investment services platform had approximately $9.7 billion of assets under management across a number of funds and strategies. UIF currently has investor commitments of approximately $5.0 billion.

Application Instructions: If you are interested in the Associate position, please email your cover letter and resume to the attention of HRDRESUME@ullico.com

Ullico is an Equal Opportunity Employer. Ullico participates in E-Verify.