Advanced degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a similar quantitative field.
CFA charterholder preferred but not required.
5-10 years of experience in a quantitative role within asset management.
Minimum of 2 years in private markets investment processes, including private equity or debt.
Strong programming skills in Python, R, SQL, and/or C++.
Experience with portfolio analytics and risk management techniques.
Responsibilities
Design and build statistical models for assessing portfolio risk and optimizing investment strategies.
Translate complex data into actionable insights for stakeholders and clients.
Integrate and analyze complex datasets, including unstructured data.
Identify market drivers and trends to inform investment decisions.
Develop models and simulations for risk-aware portfolio construction.
Generate proprietary research and create clear materials for internal and external audiences.
Collaborate with technical teams to optimize data usage and model deployment.
Benefits
Comprehensive medical, dental, and vision coverage.
401(k) with immediate vesting and employer match.
Flexible spending accounts (FSA) and profit sharing.
Generous paid time off and parental leave, including adoption.
Employer-paid disability and life insurance benefits.
Full Job Description
Team Overview:
The Investment Strategy and Risk Management (ISRM) team is responsible for oversight of and input into the top-down portfolio construction of the Firm's portfolios and ensuring client portfolios appropriately capture the Firm's bottom-up investment recommendations.This is a highly visible role which will feature interaction with Senior Management across various investment teams as well as the client-facing part of the organization.
Key Responsibilities
Design and build statistical models to evaluate alternative datasets, assess portfolio risk, and optimize investment strategies for illiquid assets, including private equity and private debt.
Translate complex private markets data into actionable, client-ready insights for internal stakeholders and external clients.
Integrate, clean, and analyze large and complex datasets, including alternative investment datasets that may be unstructured or imperfect.
Identify value drivers, market behaviors, and trends that can inform investment decision-making.
Develop advanced analytic models, scenario analyses, and simulation-based frameworks, including Monte Carlo simulations, to support risk-aware portfolio construction and investment processes across subclasses, strategies, and products.
Generate original, proprietary research and develop clear, concise white papers, presentations, and other materials for internal stakeholders and external clients.
Partner with software developers, Data Management, IT, and model validation teams to deploy quantitative code and analytics.
Maintain and enhance existing analytic applications and support the use of analytic models for marketing, client service, and investment-related use cases.
Work closely with technical and non-technical stakeholders to develop solutions for ISRM and other internal consumers.
Collaborate with existing technical resources to optimize where data is stored, how it is accessed, and how end users can effectively leverage data and analytics.
Manage multiple workflows and projects, including tracking dependencies, deliverable dates, milestones, and stakeholder inputs.
Prioritize and execute work independently while maintaining accuracy, quality, and timeliness.
Candidate Requirements:
We seek an individual who is self-disciplined, demonstrates excellent attention to detail and has the following characteristics:
Advanced degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a similar quantitative field.
CFA4 charterholder preferred but not required.
Background in quantitative finance, financial engineering, or quantitative modeling strongly preferred.
5-10 years of relevant experience in a quantitative role within asset management.
Minimum of 2 years of experience involving private markets investment processes and portfolios, such as private equity or private debt.
Strong quantitative, analytical, critical thinking, and problem-solving skills, with the ability to apply robust statistical techniques to large, complex, and imperfect datasets.
Exposure to quantitative or statistical modeling techniques used in portfolio analytics, forecasting, and risk management.
Strong programming capabilities, including proficiency in Python, R, SQL, and/or C++.
Experience with common database and software platforms required.
Familiarity with machine learning and AI workflows preferred.
Strong understanding of investment management concepts, including accounting principles, portfolio theory, equity valuation, factor models, asset allocation, portfolio optimization, liquidity risk management, and performance measurement.
Familiarity with private investment vehicles and the considerations involved in managing private capital strongly preferred.
Ability to translate technical methodologies into clear, commercial, and client-oriented insights.
Demonstrated experience communicating and collaborating across multiple internal and external stakeholders, including technical and non-technical audiences.
Ability to manage priorities independently, maintain accuracy under tight deadlines, and drive projects from concept through execution.
Experience directing and managing support staff a plus.
We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.
Illinois Pay Transparency
$175,000-$250,000 USD
About Adams Street Partners
Adams Street Partners is a private equity firm that invests in venture capital, buyout, and mezzanine debt transactions. The firm primarily invests in technology, healthcare, and financial services sectors. Adams Street Partners was founded in 1972 and is based in Chicago, Illinois.
