Private Market Secondaries Investment Specialist

Marsh McLennan•Richmond, VA

3d•Hybrid

About The Position

We are seeking a talented individual to join our Private Market Secondaries team at Mercer . This role will be based in Richmond and is a hybrid role that has a requirement of working at least three days a week in the office. Mercer Alternatives is a global specialist for alternative investments, including private markets, offering customized and pooled investment solutions as well as advisory services, for institutional investors around the world. Mercer Alternatives is a global specialist for alternative investments, including private markets, offering customized and pooled investment solutions as well as advisory services, for institutional investors around the world. In order to support the growth of our private markets business we are expanding our secondaries investment team and are looking for a Private Market Secondaries Investment Specialist We will count on you to: Source private markets secondary opportunities by fostering relationships with intermediaries, fund managers, and other investors Conduct comprehensive quantitative and qualitative due diligence on potential secondary investment opportunities (e.g., continuation vehicles, LP interests, direct secondaries) Support senior team members in all aspects of transaction execution, including structuring, negotiation, and closing Prepare private markets secondary investment memos and present investment proposals to our respective Investment Committee Upon Investment Committee approval, coordinate the legal and tax due diligence process up to the onboarding of new secondary investments on behalf of our secondary accounts and accounts with secondary exposure Monitor existing secondary investments on a qualitative and quantitative basis Conduct private markets secondary related research and ad-hoc analyses that may go beyond the secondary market and are intended to serve our investment as well as business development teams Support private markets secondary related business development and client relationship projects and represent Mercer Alternatives’ secondary platform at conferences and events What you need to have: Bachelor’s degree with a strong academic record; a focus in finance, economics, or accounting is preferred 2+ years of professional work experience in investment banking, asset management, transactions services/valuation, or a related field (ideally in the private equity and/or secondary investment area) Strong analytical skills and ability to present complex financial concepts clearly Advanced proficiency in Microsoft Excel and PowerPoint Highly self-motivated and capable of managing tasks autonomously, yet committed to being a strong and supportive team player Excellent verbal and communication skills What makes you stand out? In pursuit of or interest in obtaining CFA or CAIA Why join our team: We help you be your best through professional development opportunities, interesting work and supportive leaders We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected]. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Requirements

Bachelor’s degree with a strong academic record; a focus in finance, economics, or accounting is preferred
2+ years of professional work experience in investment banking, asset management, transactions services/valuation, or a related field (ideally in the private equity and/or secondary investment area)
Strong analytical skills and ability to present complex financial concepts clearly
Advanced proficiency in Microsoft Excel and PowerPoint
Highly self-motivated and capable of managing tasks autonomously, yet committed to being a strong and supportive team player
Excellent verbal and communication skills

Nice To Haves

In pursuit of or interest in obtaining CFA or CAIA

Responsibilities

Source private markets secondary opportunities by fostering relationships with intermediaries, fund managers, and other investors
Conduct comprehensive quantitative and qualitative due diligence on potential secondary investment opportunities (e.g., continuation vehicles, LP interests, direct secondaries)
Support senior team members in all aspects of transaction execution, including structuring, negotiation, and closing
Prepare private markets secondary investment memos and present investment proposals to our respective Investment Committee
Upon Investment Committee approval, coordinate the legal and tax due diligence process up to the onboarding of new secondary investments on behalf of our secondary accounts and accounts with secondary exposure
Monitor existing secondary investments on a qualitative and quantitative basis
Conduct private markets secondary related research and ad-hoc analyses that may go beyond the secondary market and are intended to serve our investment as well as business development teams
Support private markets secondary related business development and client relationship projects and represent Mercer Alternatives’ secondary platform at conferences and events

Benefits

We help you be your best through professional development opportunities, interesting work and supportive leaders
We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities
Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being

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