Independent US IPOs Analyst

Smartkarma•New York, NY

About The Position

Smartkarma is seeking a senior analyst or analyst team to build ongoing research coverage of all US IPOs and direct listings with an expected deal size of [USD100mn or higher, excluding closed-end funds and SPACs]. Research coverage will entail a data-driven methodology to score and rank deals, pre-IPO company tearsheets, pre-IPO fundamental research, pre-IPO valuation and pricing insights, post-IPO trading summaries, and post-IPO lock-up expiry previews. Within the first six months, the senior analyst or analyst team will also be expected to offer a high-touch service for select institutional clients covering pre-deal activities such as pre-positioning, market intelligence/positioning/book color, management meeting questions, Excel models, and bespoke notes for pre-IPO/cornerstone stakes (NDA-driven). Post-deal services will include lock-up expiry trades. Desk access will involve access to the team via email/messaging and direct calls.

Requirements

Extensive research and/or investment experience for institutional clients (5 yrs+)
Demonstrated experience and network within US equity capital markets
Demonstrated ability to write research

Responsibilities

Build ongoing research coverage of all US IPOs and direct listings with an expected deal size of [USD100mn or higher, excluding closed-end funds and SPACs].
Develop a data-driven methodology to score and rank deals.
Create pre-IPO company tearsheets.
Conduct pre-IPO fundamental research.
Provide pre-IPO valuation and pricing insights.
Publish post-IPO trading summaries.
Offer post-IPO lock-up expiry previews.
Provide a high-touch service for select institutional clients covering pre-deal activities (pre-positioning, market intelligence/positioning/book color, management meeting questions, Excel models, bespoke notes for pre-IPO/cornerstone stake).
Provide post-deal services including lock-up expiry trades.
Offer desk access via email/messaging and direct calls.