Founded in 2001, Partners Capital is an Outsourced Investment Office acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. With $60B in assets under management, the firm constructs customized investment portfolios for its clients, tapping into its deep network of partnerships with what we consider exceptional asset managers across all major asset classes. Clients include INSEAD Business School, New York’s Metropolitan Opera, Eton College, Colorado College, several Oxford and Cambridge University Colleges and several family offices around the world. The firm employs more than 300 people across its eight offices located in Boston, Texas, New York, London, San Francisco, Paris, Singapore and Hong Kong.
Partners Capital is diverse and inclusive, in people and in thought. Our meritocracy is enabled by fostering a truly inclusive and collaborative culture. We are proud to be an equal opportunity employer where diverse perspectives, backgrounds and experiences are valued.
Role Description
Partners Capital are looking for a Research Associate to join our Private Markets team. The Research Associate will split their time across both the Private Equity and Real Estate, and Credit asset class teams. This role offers a chance to gain broad private markets exposure across and range of sub-asset classes including private equity buyout, venture capital, real assets, private credit and uncorrelated investment strategies. The Research Associate will support the team with sourcing new managers, performing due diligence on new investment ideas, understanding the broader investment environment as it pertains to private market investments, manage and evaluate existing investments, and help act as a liaison between the research team and client portfolio managers.
The Research Associate will form a key part of our asset class research team, whose primary goal is to delivery superior risk-adjusted performance over the long-term to our clients. Partners Capital asset class research team also supports the broader growth and development of the firm.
Key responsibilities include, but are not limited to:
* Continue to evolve and articulate the firm’s investment strategy
* Identify and evaluate market niches
* Help the wider team to articulate ideal manager specifications, proprietary mandate parameters or direct investment approaches for target areas
* Develop relationships with investment managers, allocators and intermediaries to source investment opportunities. Conduct robust screens to identify the best teams within target strategies
* Help perform rigorous due diligence of asset managers and other investment opportunities by working alongside other senior members of the asset class team. Key due diligence activities include qualitative and quantitative analysis of a manager’s portfolio, performance, strategy and team. The diligence process concludes with a detailed presentation to Partners Capital Investment Committee
* Own ongoing diligence and monitoring of investment managers and opportunities
* Work towards playing a key role in advising internal client teams on the overarching strategy within asset classes, manager selection and portfolio construction
* Be responsible for ensuring all information security processes, policies and procedures are adhered to and any issues or concerns are raised with the Cyber Security team
* Ensure full compliance with all local data protection regulations and privacy controls, and any related issues are raised via the appropriate channels
Key Requirements
* Proven experience working in asset management, preferably in a manager selection of direct investment role
* A sound working knowledge and active passion for investing
* High levels of attention to detail and strong due diligence skills
* A highly analytical approach, with strong verbal, written and presentation-based communication skills
* Proven experience working in a fast paced, dynamic environment with an entrepreneurial approach and an appetite for taking on new challenges and projects
* Strong internal and external stakeholder management skills with the ability to liaise with all team members across various levels of seniority
* An undergraduate degree, or equivalent work experience, in a relevant subject matter is advantageous
* Having completed the CFA qualification, or the interest in studying towards the CFA, would be preferred but is not essential
Partners Capital is committed to being a great place to work. We are focused both on wellbeing and professional growth. You can expect professional development and career progression opportunities, competitive compensation, strong benefits, and a flexible “results-focused” working model. The Firm also supports global philanthropy via a charity program and volunteer day. In addition, we champion a variety of wellness and social events.
Seniority level
* Associate
Employment type
* Full-time
Job function
* Finance
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