Investment Analyst - Private Equity Fund Research

Cambridge Associates - London
21 May 2021

Firm Overview

We are a leading global investment firm and aim to help endowments & foundations, pension plans, and high net worth private clients implement and manage custom investment portfolios that generate outperformance and enable them to maximize their impact on the world. Working alongside its early clients, Cambridge Associates pioneered the strategy of high-equity orientation and broad diversification, which since its inception in the 1980s has been a primary driver of performance for institutional investors. Today, we deliver a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, investment staff extension, and asset class mandates. Cambridge Associates maintains offices in major financial centers across the globe, with headquarters in Boston, MA.

Working with some of the world’s most sophisticated institutional investors, we bring a deep knowledge of portfolio management best practices to the clients we serve, and select our colleagues with great attention to their potential to become a valuable member of a collaborative, intelligent and hard-working team.

 

Position Overview:

Investment Analysts and Associates in Private Equity Research (IAs), assist Investment Directors (IDs) in the evaluation of private investment managers and the monitoring of current market conditions for the benefit of Cambridge Associates and its clients.  This role focuses on European, Middle Eastern and African (EMEA) private equity, growth equity, and venture capital funds. The EMEA research team consists of several IAs who work under the supervision of one to two IDs.  

 

Job Responsibilities:

  • Coordinate and participate in fundraising meetings and portfolio updates with private investment fund managers. Participate in private investment manager assessment process, including writing summaries of each meeting for distribution within the firm. 
  • Work with IDs and IAs to complete in-depth written due diligence on private investment opportunities. Responsibilities include: attending and participating in manager on-site meetings, analyzing a manager’s organization, investment strategy, investment performance, and fund legal terms; conducting reference calls with portfolio company CEOs and senior-level professionals; and preparing materials for investment committee meetings. 
  • Serve as a resource to client-facing IDs seeking current information on private investment opportunities, including data and analysis, comparison to other fund managers, and the opinion of the private investment research team. 
  • Monitor market trends related to fundraising and investment activity and contribute to periodic market updates that are accessed by IDs and clients.
  • Prepare materials for and participate in monthly firm-wide meetings in which the global private investment team discusses recent manager meetings and current investment opportunities of interest with client-facing investment directors.   
  • Represent Cambridge Associates at annual manager meetings when required. 

 

Qualifications:

  • BA/BSc in any discipline, strong preference for business related studies
  • Material interest in investments, particularly alternatives
  • Strong writing skills, as the role requires significant note-taking and subsequent long-form writing 
  • Strong analytical and quantitative skills, including the ability to derive specific conclusions from research work
  • Ability and willingness to engage in conversation with and ask questions of managers and references
  • Ability to clearly articulate views and opinions (verbally and written)
  • Private Equity or Venture Capital experience preferred 
  • Solid MS office skills (in particular Word and Excel, knowledge in Access or VBA would be beneficial)
  • Ability to work both independently and in a team under tight deadlines
  • Willingness to travel across the above mentioned coverage regions and the US occasionally

 

Cambridge Associates is an equal opportunity employer. Diversity and inclusion are essential elements of our culture. We are committed to fostering an environment where individual perspectives, backgrounds, and life experiences make the firm a great place to work, and result in a more satisfying client experience.