Analyst, Alternative Investments

Loews Corporation

$86K — $129K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in economics, business/finance, or accounting with strong academic success
  • 2 years in investment banking, Private Equity/Private Credit placement, or funds' advisory, focusing on LP roles
  • Alternatively, 2+ years in management consulting
  • 1-2 years of private markets experience in investment roles at pension, endowment, or investment firms
  • Deep understanding of accounting, finance, and financial markets
  • Strong interest in Alternative Investments, especially Private Equity and Credit
  • Experience with private markets tools such as iLevel, Cobalt, and Pitchbook is a plus

Responsibilities

  • Assist in researching manager and co-investment opportunities
  • Manage due diligence processes for new Private Equity, Private Credit, and co-investment commitments
  • Prepare investment memos for fund commitments and co-investments
  • Review legal documents with in-house legal counsel
  • Analyze monthly and quarterly performance metrics
  • Monitor portfolio workflows including cash flow and performance reporting
  • Conduct analysis on diversification and long-term forecasts
  • Represent Loews at fund meetings and summarize key discussions
  • Handle special projects and prepare internal presentations
  • Monitor trends and developments in private markets

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life insurance and retirement savings plans
  • Paid time off and annual bonus opportunities
  • Inclusive family planning/fertility benefits
  • A supportive work environment with strong emphasis on employee well-being
Full Job Description
The Analyst, Alternative Investments will work directly with a Senior Portfolio Manager and two experienced Alternative Investments team members to determine new fund and co-investment opportunities, make investment recommendations, and assist with portfolio monitoring and internal presentations.

Specifically, you will:
  • Assist in conducting manager and co-investment research, due diligence, and monitoring the existing portfolio
  • Manage and track due diligence processes for new Private Equity fund, Private Credit fund, and equity co-investment commitments
  • Prepare investment memos for new fund commitments and co-investments
  • Review fund and co-investment legal documents alongside in-house legal counsel
  • Analyze key monthly and quarterly performance drivers
  • Assume key role in portfolio monitoring workflows and processes, including monthly cash flow and performance reporting
  • Conduct analysis on portfolio diversification, cash flow, and long-term forecasting
  • Represent Loews externally and, at times, independently at annual/quarterly fund meetings as required and summarize key meeting highlights
  • Handle ad hoc projects and prepare internal presentations
  • Monitor and interpret key developments in the private markets


Qualifications:
  • Bachelor's degree in economics, business/finance, or accounting with a strong record of academic achievement
  • 2 years of investment banking, as a Private Equity/Private Credit placement agent or in a funds' advisory group with career interest as an LP (Limited Partner/ fund investor) rather than a Private Equity firm career track
  • Alternatively, 2+ years in management consulting
  • Alternatively, 1-2 years of private markets experience in an investment role at a public or corporate pension, endowment, foundation, fund-of-funds, insurance company, investment/asset management firm, or as an investment consultant
  • Deep understanding of accounting/balance sheet analysis, finance, and financial markets
  • Strong interest in Alternative Investments, with an emphasis on Private Equity and Private Credit funds
  • Public markets or hedge fund experience a plus, including familiarity with Bloomberg
  • Experience with private markets tools a plus, including but not limited to: iLevel, Cobalt, Pitchbook
  • Strong technical skills and attention to detail, with proficiency in the MS Office Suite
  • Familiarity with AI tools, including ChatGPT, Claude, and Power Automate/Copilot
  • Willingness to support team success as needed and to work effectively in a team environment


Work Arrangement:

This role is located at 9 West 57th Street. This is a full-time exempt role with a salary of $86,100 - $129,150 plus an annual bonus and complete benefits package. Compensation offered within this range is determined by skills, experience, and organizational pay equity. Loews Corporation offers a high-quality benefits program to support our employees' and their families' health and well-being. In addition to standard offerings like medical, dental, vision, and life insurance, retirement savings, and paid time off, Loews includes comprehensive and inclusive family planning/fertility benefits. More details on these and other benefits are offered through our interview process, and we look forward to sharing them with you.

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