Investment Analyst/Associate, Secondaries

Firm Overview:

Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania.  Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world.  For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

As a global and cross-functional team, members of the Secondaries Team work closely with the broader Private Investment Research Team to source, evaluate, and monitor potential fund investment opportunities, as well as directly with client teams to implement customized secondary programs. The Secondaries Team is currently comprised of 7 investment professionals across our Boston, San Francisco, and London offices.

We are looking for a highly motivated and capable individual to join the Secondaries Research Team in Boston. As part of a highly collaborative global team, the Investment Analyst/Associate’s primary responsibility will be to analyze secondary fund managers, conduct fund due diligence, and disseminate information regarding all aspects of secondary fund investments, strategies, and managers for implementation in client portfolios.

Job Description:

Job Responsibilities

• Serve as a leading resource on CA’s Private Investments team regarding secondary funds and their due diligence. In collaboration with colleagues, identify, analyze, and recommend secondaries fund managers.
• Support senior team members in conducting due diligence, investment evaluation meetings and reference calls in support of opportunities. Contribute to house opinions on secondaries managers and markets through ongoing qualitative and quantitative research and analysis.
• Monitor existing managers by attending and participating in meetings with fund general partners and other senior personnel.
• Utilize analytical frameworks and develop unique analyses to assess secondaries managers in terms of organization, investment strategy, performance, fund terms, current portfolio positions, and other key attributes.
• Help complete written research utilized by our clients and colleagues to support investment decisions. This includes concise commentaries summarizing meetings, in-depth investment recommendation memos, due diligence reports, and other periodic research exploring current topics of interest in the secondaries industry.
• Monitor market trends and contribute to periodic market updates.
• Serve as a resource to colleagues seeking current information on secondary fund opportunities, including data and analysis, comparisons across managers, and opinion of the secondaries research team.

 

Qualifications

• Bachelor’s degree with a record of achievement (any major; preference for finance, accounting, economics, or related field)
• 0-2 years of relevant investment or manager evaluation experience.
• Strong, demonstrated interest in private investments
• Strong analytical and quantitative skills.
• Demonstrated leadership, integrity and initiative.
• Demonstrated command of written communication and strong business writing skills.
• Ability and willingness to engage in conversation with internal and external parties, including senior investment professionals.
• Ability to work both independently and on a team under tight deadlines.
• Willingness and ability to travel domestically and internationally.
• Must be eligible to work without restriction in the US.

All applications must include a resume and cover letter.

Base salary range for this role:

Pay Range Minimum:

80000

Pay Range Maximum:

88500

In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.