The Private Markets Investment Associate will support the investment team in evaluating private equity fund opportunities, preparing investment materials, monitoring existing investments, and coordinating related operational and reporting activities.

The role involves regular communication with internal teams and external parties, including fund managers, advisors, legal counsel, consultants, and fund administrators.

KEY RESPONSIBILITIES

Fund Sourcing and Pipeline Development

• Identify prospective general partners and private equity funds through proprietary research, external databases, advisor recommendations, and industry relationships.

• Communicate directly with general partners and placement agents to obtain fund information, investment updates, and market intelligence.

• Maintain relationships with existing fund managers through regular meetings, annual general meetings, and other investor communications.

• Evaluate prospective investment opportunities and maintain an organized investment pipeline.

• Prepare preliminary fund summaries and distribute relevant information to internal investment team members.

Investment Due Diligence and Execution

• Conduct comprehensive due diligence on private equity fund managers, including investment strategy, historical performance, organizational structure, team capabilities, portfolio construction, and alignment of interests.

• Analyze fund terms, fee structures, legal documents, and other investment materials.

• Coordinate with external legal counsel, consultants, tax advisors, and other service providers to support investment analysis and decision-making.

• Prepare investment recommendation materials for internal approval.

• Support subscription documentation, closing processes, and other investment execution activities.

Investment Committee Support

• Prepare detailed presentations and supporting materials for investment committee meetings.

• Present investment opportunities and respond to questions from senior decision-makers.

• Track committee feedback, document required follow-up items, and ensure that action items are completed in a timely manner.

Portfolio Monitoring and Reporting

• Monitor the performance of existing private equity fund investments, including capital calls, distributions, NAV updates, financial statements, and quarterly reports.

• Maintain portfolio tracking systems, databases, and internal reporting tools.

• Identify and escalate performance issues, operational concerns, or material changes in investment strategy.

• Prepare periodic portfolio reviews and performance reports for senior management and other stakeholders.

• Participate in Limited Partnership Advisory Committee meetings when appropriate.

Investor Reporting and Presentation Support

• Prepare presentation materials for investor and stakeholder meetings, including portfolio updates, performance summaries, and prospective investment information.

• Respond to inquiries regarding portfolio performance, investment activity, and market developments.

• Coordinate with senior management to ensure that investor communications are accurate and consistent.

• Assist with the preparation of investor reports, presentations, and related materials.

Fund-of-Funds Operations

• Monitor and forecast fund cash flows, including capital calls, distributions, management fees, and other expenses.

• Coordinate capital activities with fund administrators and other service providers.

• Process investor contributions and distributions.

• Review NAV calculations, financial statements, and capital account reports.

• Coordinate matters related to amendments of fund agreements and other fund documentation.

• Reconcile fund records and support audit and tax-reporting processes.

• Ensure compliance with applicable fund documents, internal policies, and regulatory requirements.

Investment Strategy and Research

• Participate in regular pipeline and portfolio review meetings.

• Document meeting outcomes and follow up on assigned action items.

• Collaborate with internal investment professionals and external advisors to evaluate and refine investment strategies.

• Conduct market research and analysis to support strategic planning and portfolio development.

Internal and External Coordination

• Work closely with investment, legal, finance, accounting, tax, compliance, and operations teams.

• Coordinate with fund managers, placement agents, consultants, legal counsel, fund administrators, and other external advisors.

• Maintain organized documentation and communication records for compliance, audit, and internal reporting purposes.

The responsibilities above may apply to private equity funds, general partners, co-investment opportunities, fund-of-funds investments, and other private market investment opportunities, as appropriate.