Director - Private Markets

Cerity Partners•Pittsburgh, PA

About The Position

Primary Responsibilities Provide coverage of existing and prospective managers in designated sub-asset class: Buyouts Credits Growth Equity Manager Research (65%): Identify promising manager targets coming to market over the next 2-3 years Proactively reach out to manager targets, market Cerity Partners and its clients as potential LPs Solicit information, as required, to diligence and form views on strengths & weaknesses of fund investment opportunities Conduct Preliminary investment due diligence, summarize findings, and communicate views to team and clients Conduct In-Depth investment due diligence, write reports summarizing key strengths and weaknesses of fund investment opportunities, and recommend high conviction managers with promise to generate attractive and top-quartile returns for investors Stay current on sub-asset class dynamics, both top-down and bottom-up based on manager insights Maintain relationship with managers and monitor existing fund recommendations, including assessment / views on fund amendments and re-ups to new funds Provide support in delivering fund recommendations to clients, as necessary Topical Research (5%): Co-Lead Private Credit primer / approach and other Topics of Interest, as necessary Support PE Outlook Client Interface (15%): Present findings and recommendations to clients (staff and committees), at discretion of Consultants Research, form view, and respond to client’s ad-hoc projects Marketing (15%): Support RFP/business development activity, as necessary Attend prospective client pitches, as necessary Partner with General Consultants on delivery of Private Markets recommendations and marketing

Requirements

Five or more years of experience in finance, investments or relevant investment experience with private market exposure gained at an Investment Bank, Private Equity Firm, Fund of Funds, Limited Partner or Private Equity Consulting Firm
CFA charter or progress toward it is required
A particular focus on creating and improving processes as it relates to investment management or similar services
Bachelor’s degree in finance, economics or other closely-related field
Strong knowledge of Excel and familiarity with databases (i.e. Private-IQ)

Nice To Haves

Master’s degree in finance or MBA preferred and CAIA are desirable

Responsibilities

Provide coverage of existing and prospective managers in designated sub-asset class: Buyouts Credits Growth Equity
Identify promising manager targets coming to market over the next 2-3 years
Proactively reach out to manager targets, market Cerity Partners and its clients as potential LPs
Solicit information, as required, to diligence and form views on strengths & weaknesses of fund investment opportunities
Conduct Preliminary investment due diligence, summarize findings, and communicate views to team and clients
Conduct In-Depth investment due diligence, write reports summarizing key strengths and weaknesses of fund investment opportunities, and recommend high conviction managers with promise to generate attractive and top-quartile returns for investors
Stay current on sub-asset class dynamics, both top-down and bottom-up based on manager insights
Maintain relationship with managers and monitor existing fund recommendations, including assessment / views on fund amendments and re-ups to new funds
Provide support in delivering fund recommendations to clients, as necessary
Co-Lead Private Credit primer / approach and other Topics of Interest, as necessary
Support PE Outlook
Present findings and recommendations to clients (staff and committees), at discretion of Consultants
Research, form view, and respond to client’s ad-hoc projects
Support RFP/business development activity, as necessary
Attend prospective client pitches, as necessary
Partner with General Consultants on delivery of Private Markets recommendations and marketing