PM Investment Associate

Meketa Investment Group is a growing, independent investment consulting firm providing strategic investment advice to large institutional clients. Our private markets team oversees more than $20 billion of commitments to the private equity, private credit, infrastructure, natural resources, and real estate asset classes on behalf of more than 100 clients, including large public and private pension funds, endowments and foundations. We provide a team-oriented, stimulating environment and outstanding benefits.

Position Summary:

The Private Markets Investment Associate’s primary responsibility is to support the private markets research efforts and reporting process for assigned clients. The individual works directly with consultants and other private markets investment professionals to provide investment consulting and investment management services. The Private Markets Investment Associate will participate in a range of investment activities, including: assisting with creating presentations of our research and recommendations to private market and general consulting clients, supporting the firm’s marketing efforts, and assisting with private markets investment research and private markets manager due diligence.

The Private Markets Investment Associate position is a pre-MBA investment position and the Investment Associate is expected to progressively increase their level of knowledge regarding general and alternative investment topics, the investment consulting and management industry, and firm-specific investment processes. As the Investment Associate masters the position’s core responsibilities, they will have additional opportunities to formally contribute to investment research.

The Private Markets Investment Associate works closely with senior private markets investment professionals in carrying out the position’s duties. On a daily basis, the position reports to a Private Markets Consultant.

This is a hybrid role, with the expectation of being onsite a minimum of twice per week. Company common days are Monday and Wednesdays.

Location: This role can be filled at either our San Diego, CA or Boston, MA locations.

Requirements:

• Bachelor’s Degree with evidence of strong academic achievement. Progress towards or willingness to pursue a CFA designation preferred.
• 0 – 3 years of professional experience.
• Sound understanding of economic and investment theory and practices.
• Ability to gather, organize, and analyze data from disparate sources.
• Strong quantitative skills, including facility with financial and statistical concepts.
• Ability to effectively convey opinions through excellent written and verbal communication skills.
• Superb computer skills, including facility with Microsoft Office Suite.
• Skill at analyzing, evaluating, and reviewing quantitative information, with a high degree of accuracy; familiarity with investment statistics.
• Excellent attention to detail and organized work habits.
• Ability to work efficiently and accurately under time pressure and meet deadlines.
• Ability to work well with employees from other company departments and external contacts.
• Ability to work independently and to proactively seek new responsibilities.

Responsibilities:

• Assist in the investment due diligence and manager selection process for all private markets asset classes.
• Review private market fund offering materials and attend meetings with internal investment staff and external investment managers to further evaluate funds for potential investment on behalf of clients.
• Apply knowledge of economic indicators, investment markets, attribution, and benchmarks to analysis of investment results.
• Maintain and regularly update databases of investment information.
• Assist in the development of internal indices and analytical tools.
• Proof and verify client-ready quarterly and monthly reports, including reviewing data for accuracy and reasonableness.
• Investigate and resolve performance discrepancies; reconcile and validate results, ensuring that asset transfers and prices are appropriately reflected.
• Gather, organize, and verify financial data related to client accounts and investment managers and strategies.
• Calculate and verify client-related investment data and statistics.
• Fulfill any and all other duties deemed necessary by management, including special projects, original research, deal sourcing, and marketing initiatives.

Measures of Success:

• Mastery of general investment topics, and the investment consulting industry.
• Accuracy and timeliness of client-related work and investment research.
• Levels of satisfaction of Investment Analysts and Consultants with respect to the Investment Associate’s contribution to the investment process.
• Contribution to improvements in the efficiency of the company’s data oriented processes and procedures.
• Level of proficiency with internal proprietary software, as well as external data providers such as Bloomberg, Thomson Reuters, and Morningstar Direct.
• Level of effectiveness in interacting with external data suppliers (custody banks, investment managers, placement agents).
• Maintenance of good working relationships with other employees.

About Meketa Investment Group

Meketa Investment Group is an employee-owned full service investment consulting and advisory firm. We work with some of the nation’s largest and most sophisticated institutional investors including public and private plan sponsors. We have a staff of ~250 employees among our six U.S. office locations and London.

Meketa recognizes that our workforce is a reflection of our company, and we operate in an inclusive environment that accepts and promotes diversity. We believe our employees can best serve our clients in an atmosphere where individuals are treated fairly, where professional growth is developed and encouraged, and where a healthy balance between work and home life is respected and preserved. To support employees, Meketa offers a competitive compensation structure, a wide range of benefits from core insurance benefits to time-based benefits, as well as flexible schedules and support for continuing education.

Meketa is an Equal Employment Opportunity and Affirmative Action Employer.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact us.

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