Investment Associate/ Senior Investment Associate

Phillips Exeter Academy•Exeter, NH

1d•Hybrid

About The Position

The Investment Associate or Senior Investment Associate will join the four-person team responsible for overseeing Exeter's $1.8 billion endowment. The endowment supports more than 50 percent of the Academy's operating budget and helps make need-blind admission possible. This generalist role offers broad exposure across asset classes and participation throughout the investment decision-making process.

Requirements

Bachelor's degree required
3+ years of relevant experience
Relevant experience
Intellectual curiosity
Attention to detail
Strong analytical and communication skills
Talented, hardworking, and committed to excellence
Desire to grow as an investment professional

Nice To Haves

MBA or CFA is a plus

Responsibilities

Work closely with the team on new investment research and diligence.
Conduct quantitative and qualitative research to analyze the market opportunity, strategy, and track record of a prospective investment manager.
Evaluate the manager’s investment process, key employees, and organization.
Complete diligence calls and meetings.
Draft investment memos.
Track and analyze performance, key return drivers, and exposures at the manager and portfolio level.
Monitor and help to periodically re-underwrite existing managers.
Draft written recommendations for additions or redemptions from existing managers.
Periodically produce written portfolio updates for the Investment Committee.
Maintain manager pipeline, market maps, and capital planning reports.
Support periodic asset allocation reviews.
Prepare materials for, and participate in, investment committee meetings.
Travel for investment manager meetings and conferences.