PM Investment Associate

Meketa•Carlsbad, CA

About The Position

The Private Markets Investment Associate’s primary responsibility is to support the private markets research efforts and client service projects and reporting for assigned clients. The individual works directly with consultants and other private markets investment professionals to provide investment consulting and investment management services. The Private Markets Investment Associate will participate in a range of investment activities, including: assisting with creating presentations of our research and recommendations to private market and general consulting clients, supporting the firm’s marketing efforts, assisting with private markets investment research and conducting private markets manager due diligence. The Private Markets Investment Associate position is a pre-MBA investment position and the Investment Associate is expected to progressively increase their level of knowledge regarding general and alternative investment topics, the investment consulting and management industry, and firm-specific investment processes. As the Investment Associate masters the position’s core responsibilities, they will have additional opportunities to formally contribute to investment research and join a client team. The Private Markets Investment Associate works closely with senior private markets investment professionals in carrying out the position’s duties. On a daily basis, the position reports to a Private Markets Consultant.

Requirements

Bachelor’s Degree with evidence of strong academic achievement. Progress towards or willingness to pursue a CFA designation preferred.
0 – 3 years of professional experience.
Sound understanding of economic and investment theory and practices.
Ability to gather, organize, and analyze data from disparate sources.
Strong quantitative skills, including facility with financial and statistical concepts.
Ability to effectively convey opinions through excellent written and verbal communication skills.
Superb computer skills, including facility with Microsoft Office Suite.
Skill at analyzing, evaluating, and reviewing quantitative information, with a high degree of accuracy; familiarity with investment statistics.
Excellent attention to detail and organized work habits.
Ability to work efficiently and accurately under time pressure and meet deadlines.
Ability to work well with employees from other company departments and external contacts.
Ability to work independently and to proactively seek new responsibilities.

Nice To Haves

Progress towards or willingness to pursue a CFA designation preferred.

Responsibilities

Assist in the investment due diligence and manager selection process for all private markets asset classes (private equity, private credit, real estate, infrastructure, and natural resources).
Review private market fund offering materials and attend meetings with internal investment staff and external investment managers to further evaluate funds for potential investment on behalf of clients.
Apply knowledge of economic indicators, investment markets, attribution, and benchmarks to analysis of investment results.
Maintain and regularly update databases of investment information.
Assist in the development of internal indices and analytical tools.
Proof and verify client-ready quarterly and monthly reports, including reviewing data for accuracy and reasonableness.
Investigate and resolve performance discrepancies; reconcile and validate results, ensuring that asset transfers and prices are appropriately reflected.
Gather, organize, and verify financial data related to client accounts and investment managers and strategies.
Calculate and verify client-related investment data and statistics.
Fulfill any and all other duties deemed necessary by management, including special projects, original research, deal sourcing, and marketing initiatives.