5 years experience in private equity, direct secondaries preferred
Excellent analytical skills; investment bank or consulting background preferred
Breadth of underwriting across private equity, private credit, and real assets
Strong institutional relationships in North America
Self-starter, independent and results-oriented
Strong verbal and written communication skills
Team-oriented, with a capacity to lead and mentor
Responsibilities
Act as a key member of deal teams, sourcing and underwriting investment opportunities
Develop and maintain relationships with private fund managers; lead meetings
Conduct comprehensive research to identify investment opportunities
Monitor existing investments and contribute to performance reviews
Enhance research processes and stay current on industry trends
Support client communications with clear presentations and materials
Benefits
Collaborative work environment
Generous PTO
401(k) match
Affordable medical/dental/vision insurance
CFA and professional membership reimbursement
Hybrid work model available
Full Job Description
Job Description
Wilshire is seeking to recruit an investment professional to help lead research and due diligence efforts across all Alternatives segments with an emphasis on private markets (private equity, private credit, real assets) in North America. As the AVP, Alternatives Manager Research, you will be a key member of the Alternatives Manager Research team and an active participant on deal teams. Working closely with senior management, you will contribute throughout the investment process. You will source and underwrite investment opportunities across private markets with a particular emphasis on secondaries, as well as contribute to fund investments and co-investments.
What you'll do:
Act as a key member of deal teams, sourcing and underwriting opportunities across primary funds, secondaries, and co-investments; draft clear, insightful investment memorandums
Develop and maintain deep relationships with private fund managers across the region, as well as create access to top-tier managers; proactively schedule and lead manager meetings and diligence calls (often high volume) to gather information and insights
Conduct comprehensive market and manager research to identify attractive opportunities; prepare ad hoc reports to support decision-making
Monitor existing investments and contribute to periodic reviews, performance updates, and risk assessments
Enhance research processes and methodologies; stay current on industry trends and regulatory developments
Support client communications and presentations with clear, accurate written and verbal materials
Qualifications
Bachelor's degree; MBA or CFA a plus
5 years of experience in the private equity industry, direct secondaries experience strongly preferred
Excellent analytical skills (both quantitative and qualitative); training from a recognized investment bank or management consulting firm is preferred
Breadth of underwriting across private equity, private credit, and real assets; demonstrated ability to source opportunities and build networks
Strong business and investment acumen
Strong institutional relationships in North America
A self-starter who is independent and results-oriented
Strong verbal and written communication skills - the ability to present ideas with precision and conviction
An entrepreneurial bent and a "roll-up-the-sleeves" orientation
Organized, thorough and detail-oriented
A natural team-oriented individual who can provide leadership to the North American team and mentorship to its investment professionals and staff
Must be comfortable with travel which can be extensive at times
Additional Information
This position will work on a hybrid model out of our Santa Monica, Pittsburgh, Chicago, or New York office
We offer a comprehensive benefits package including a collaborative work environment, generous PTO, 401(k) match, affordable & comprehensive medical/dental/vision insurance, CFA and other professional membership reimbursement, and more.
The pay range for this position is $110,000-$150,000. However, base pay will be determined on an individual basis considering various factors, including location, qualifications, skills, and experience. The total compensation package includes eligibility for an annual discretionary bonus and a full range of health and financial benefit offerings, which will be provided in conjunction with an offer of employment.
Visit www.wilshire.com for additional company information.