Investment Associate, Private Investments

Location
Chicago, Illinois
Salary
Competitive base with bonus
Posted
06 Jul 2022
Closes
05 Aug 2022
Employment Type
Full Time
Education
Bachelors

Investment Associate, Private Investments

 

About Alternative Fund Advisors

Alternative Fund Advisors (AFA) manages a family of interval funds that provide convenient access to private asset classes.

AFA is a young fund company founded in 2020. The firm’s first fund, the AFA Multi-Manager Credit Fund, is a private credit fund-of-funds that invests primarily in LPs managed by boutique specialty managers. The position will provide the successful candidate with an opportunity to be one of the early employees in an entrepreneurial firm positioned for rapid growth in one of the fastest-growing segments of the asset management business. We are looking for someone to grow with the company and progressively assume more responsibility. 

Location

Chicago

Job Description

The Investment Associate will work closely with the Chief Investment Officer to execute the investment strategies of AFA’s interval funds. Given the small team, the responsibilities will be highly varied and may change from day-to-day.  Some of the responsibilities will include:

  • Monitor fund positions daily to ensure adequate liquidity, calculate flows and ensure data accuracy.
  • Liaise with underlying fund managers to remain updated on portfolio changes and issues
  • Partner with CFO to ensure timely and accurate daily fund valuation
  • Create financial models to calculate underlying position risk and liquidity
  • Generate both top-down and bottom-up investment ideas
  • Source and evaluate prospective funds and co-investment opportunities
  • Author, or contribute to, investor updates and thought leadership content on private assets
  • Perform investment-related analytical tasks
  • Perform additional tasks as may be assigned from time to time

Qualifications

  • Bachelor’s degree
  • 4-8 years’ experience at an investment consulting firm, institutional investment office, private wealth firm, or a similar asset management field
  • Experience underwriting and performing due diligence on investments
  • A strong interest in investments and financial markets
  • An ability to work independently in an entrepreneurial environment
  • Strong interpersonal skills to build and strengthen industry relationships

Preferred but Optional Qualifications

  • Experience in private markets either directly or through fund investments
  • Experience negotiating side letters and investment terms
  • Experience in direct investments and co-investments
  • Experience coding in R and/or Python  CFA or progress towards CFA

How to Apply

Interested candidates are encouraged to submit their resumes to recruiting@alternativefundadvisors.com

 

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