Director - Private Markets
Cerity Partners LLC, San Francisco, CA, United States
Director - Private Markets page is loaded## Director - Private Marketsremote type:
Hybridlocations:
San Francisco, CA:
Pittsburgh, PAtime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
R623**Primary Responsibilities*** Provide coverage of existing and prospective managers in designated sub-asset class:
+ Buyouts
+ Credits
+ Growth Equity* Manager Research (65%):
+ Identify promising manager targets coming to market over the next 2-3 years
+ Proactively reach out to manager targets, market Cerity Partners and its clients as potential LPs
+ Solicit information, as required, to diligence and form views on strengths & weaknesses of fund investment opportunities
+ Conduct Preliminary investment due diligence, summarize findings, and communicate views to team and clients
+ Conduct In-Depth investment due diligence, write reports summarizing key strengths and weaknesses of fund investment opportunities, and recommend high conviction managers with promise to generate attractive and top-quartile returns for investors
+ Stay current on sub-asset class dynamics, both top-down and bottom-up based on manager insights
+ Maintain relationship with managers and monitor existing fund recommendations, including assessment / views on fund amendments and re-ups to new funds
+ Provide support in delivering fund recommendations to clients, as necessary* Topical Research (5%):
+ Co-Lead Private Credit primer / approach and other Topics of Interest, as necessary
+ Support PE Outlook* Client Interface (15%):
+ Present findings and recommendations to clients (staff and committees), at discretion of Consultants
+ Research, form view, and respond to client’s ad-hoc projects* Marketing (15%):
+ Support RFP/business development activity, as necessary
+ Attend prospective client pitches, as necessary
+ Partner with General Consultants on delivery of Private Markets recommendations and marketing**Required Qualifications:*** Five or more years of experience in finance, investments or relevant investment experience with private market exposure gained at an Investment Bank, Private Equity Firm, Fund of Funds, Limited Partner or Private Equity Consulting Firm* CFA charter or progress toward it is required* A particular focus on creating and improving processes as it relates to investment management or similar services* Bachelor’s degree in finance, economics or other closely-related field* Strong knowledge of Excel and familiarity with databases (i.e. Private-IQ)**Preferred Qualifications:*** Master’s degree in finance or MBA preferred and CAIA are desirable**Skills and Competencies:*** Collaboration: Works cooperatively across the organization to achieve shared goals; partners with others, credits contributions, and builds trust and support.* Effective Communication: Communicates effectively across settings and audiences; listens attentively, adjusts messaging as needed, encourages diverse ideas, and writes clearly and concisely.* Problem Solving: Applies rigorous logic and analysis to solve difficult problems; asks the right questions, draws from diverse sources, uncovers root causes, and evaluates solution options thoroughly.* Customer Focus: Delivers solutions that meet customer expectations; builds strong relationships with internal and external customers and uses first-hand insight to drive improvement.* Decision Quality: Makes sound, timely decisions by balancing analysis, experience, and judgment; considers all relevant factors and knows when a solution is sufficient.* Financial Acumen: Understands key financial indicators and uses quantitative and qualitative analysis to evaluate strategic options and draw accurate conclusions.* Builds Networks: Develops and maintains strong formal and informal relationships across functions and locations to exchange ideas, resources, and expertise.**Compensation Range:**$175,000 - $250,000**Why Cerity Partners****:**Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:* Health, dental, and vision insurance – day 1!* 401(k) savings and investment plan options with 4% match* Flexible PTO policy* Parental Leave* Financial assistance for advanced education and professional designations* Opportunity to give back time to local communities* Commuter benefits*Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.**Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to careers@ceritypartners.com. Applicants must be authorized to work for any employer in the U.S.*Ultimately, outstanding wealth management is about people and relationships. Our people are the nucleus of Cerity Partners. Each colleague brings unique expertise, commitment and knowledge to the firm and it is by working together that we achieve our mission to have a positive impact on the financial well-being of our clients, colleagues and communities. Our people drive our success by working together to deliver exceptional service to our clients. We truly care about what we do.Introduce yourself to our Talent Acquisition Team and we'll be in touch if there's a role that seems like a good match for your skill set.Cerity Partners is one of the nation’s leading independent financial advisory firms. We serve high-net-worth individuals & their families, businesses, & their employees, and nonprofit organizations from our offices across the country. Our in-house experts of tax advisors, financial planners, investment professionals, & retirement plan consultants are passionate about and committed to providing objective financial advice & oversight.
At Cerity Partners, we believe in the long view. We work with clients who appreciate our comprehensive and sustained approach to wealth management. We don’t just look for short-term gains, we seek long-term growth.
We have the same approach to our people. We look for experienced and credentialed wealth management colleagues who can keep pace with us. We manage over $100 billion assets for our clients and we are routinely recognized as a Barron’s Top 100 RIA firms in the nation.
The driving factor of our accelerated growth is our people. Located throughout the U.S., our teams consist of experts who are helpful, knowledgeable, sincere, and have the perseverance and capability to go the extra mile for our clients. We consider our firm a community that works together to serve one common goal: Finding diverse solutions to suit diverse financial needs. #J-18808-Ljbffr
Hybridlocations:
San Francisco, CA:
Pittsburgh, PAtime type:
Full timeposted on:
Posted Yesterdayjob requisition id:
R623**Primary Responsibilities*** Provide coverage of existing and prospective managers in designated sub-asset class:
+ Buyouts
+ Credits
+ Growth Equity* Manager Research (65%):
+ Identify promising manager targets coming to market over the next 2-3 years
+ Proactively reach out to manager targets, market Cerity Partners and its clients as potential LPs
+ Solicit information, as required, to diligence and form views on strengths & weaknesses of fund investment opportunities
+ Conduct Preliminary investment due diligence, summarize findings, and communicate views to team and clients
+ Conduct In-Depth investment due diligence, write reports summarizing key strengths and weaknesses of fund investment opportunities, and recommend high conviction managers with promise to generate attractive and top-quartile returns for investors
+ Stay current on sub-asset class dynamics, both top-down and bottom-up based on manager insights
+ Maintain relationship with managers and monitor existing fund recommendations, including assessment / views on fund amendments and re-ups to new funds
+ Provide support in delivering fund recommendations to clients, as necessary* Topical Research (5%):
+ Co-Lead Private Credit primer / approach and other Topics of Interest, as necessary
+ Support PE Outlook* Client Interface (15%):
+ Present findings and recommendations to clients (staff and committees), at discretion of Consultants
+ Research, form view, and respond to client’s ad-hoc projects* Marketing (15%):
+ Support RFP/business development activity, as necessary
+ Attend prospective client pitches, as necessary
+ Partner with General Consultants on delivery of Private Markets recommendations and marketing**Required Qualifications:*** Five or more years of experience in finance, investments or relevant investment experience with private market exposure gained at an Investment Bank, Private Equity Firm, Fund of Funds, Limited Partner or Private Equity Consulting Firm* CFA charter or progress toward it is required* A particular focus on creating and improving processes as it relates to investment management or similar services* Bachelor’s degree in finance, economics or other closely-related field* Strong knowledge of Excel and familiarity with databases (i.e. Private-IQ)**Preferred Qualifications:*** Master’s degree in finance or MBA preferred and CAIA are desirable**Skills and Competencies:*** Collaboration: Works cooperatively across the organization to achieve shared goals; partners with others, credits contributions, and builds trust and support.* Effective Communication: Communicates effectively across settings and audiences; listens attentively, adjusts messaging as needed, encourages diverse ideas, and writes clearly and concisely.* Problem Solving: Applies rigorous logic and analysis to solve difficult problems; asks the right questions, draws from diverse sources, uncovers root causes, and evaluates solution options thoroughly.* Customer Focus: Delivers solutions that meet customer expectations; builds strong relationships with internal and external customers and uses first-hand insight to drive improvement.* Decision Quality: Makes sound, timely decisions by balancing analysis, experience, and judgment; considers all relevant factors and knows when a solution is sufficient.* Financial Acumen: Understands key financial indicators and uses quantitative and qualitative analysis to evaluate strategic options and draw accurate conclusions.* Builds Networks: Develops and maintains strong formal and informal relationships across functions and locations to exchange ideas, resources, and expertise.**Compensation Range:**$175,000 - $250,000**Why Cerity Partners****:**Our people drive our success by working together to deliver exceptional service to our clients. Below is a glimpse of the key elements of our total rewards package:* Health, dental, and vision insurance – day 1!* 401(k) savings and investment plan options with 4% match* Flexible PTO policy* Parental Leave* Financial assistance for advanced education and professional designations* Opportunity to give back time to local communities* Commuter benefits*Cerity Partners is committed to providing an environment where all individuals can be their authentic selves. We are an Equal Opportunity Employer who respects each individual and supports the diverse cultures, perspectives, and experiences of our colleagues. We are dedicated to building an inclusive and diverse workforce and will not discriminate based on race, religion, national origin, sex, sexual orientation, age, veteran status, disability status, or any other applicable characteristics protected by law.**Cerity Partners is committed to working with and providing accommodations to applicants with disabilities or special needs. For those needing accommodations, please reach out to careers@ceritypartners.com. Applicants must be authorized to work for any employer in the U.S.*Ultimately, outstanding wealth management is about people and relationships. Our people are the nucleus of Cerity Partners. Each colleague brings unique expertise, commitment and knowledge to the firm and it is by working together that we achieve our mission to have a positive impact on the financial well-being of our clients, colleagues and communities. Our people drive our success by working together to deliver exceptional service to our clients. We truly care about what we do.Introduce yourself to our Talent Acquisition Team and we'll be in touch if there's a role that seems like a good match for your skill set.Cerity Partners is one of the nation’s leading independent financial advisory firms. We serve high-net-worth individuals & their families, businesses, & their employees, and nonprofit organizations from our offices across the country. Our in-house experts of tax advisors, financial planners, investment professionals, & retirement plan consultants are passionate about and committed to providing objective financial advice & oversight.
At Cerity Partners, we believe in the long view. We work with clients who appreciate our comprehensive and sustained approach to wealth management. We don’t just look for short-term gains, we seek long-term growth.
We have the same approach to our people. We look for experienced and credentialed wealth management colleagues who can keep pace with us. We manage over $100 billion assets for our clients and we are routinely recognized as a Barron’s Top 100 RIA firms in the nation.
The driving factor of our accelerated growth is our people. Located throughout the U.S., our teams consist of experts who are helpful, knowledgeable, sincere, and have the perseverance and capability to go the extra mile for our clients. We consider our firm a community that works together to serve one common goal: Finding diverse solutions to suit diverse financial needs. #J-18808-Ljbffr