Portfolio Manager/Analyst

COMPANY OVERVIEW

Cercano Management LLC (“Cercano”) is an SEC-registered investment manager focused on ultra-high net worth clients and the entities associated with those clients, such as a family foundation. Cercano is based in Bellevue, WA, with offices in Wayzata, Atlanta, and Singapore. Cercano invests globally for its clients, commonly operating as the family office Chief Investment Officer. Given our legacy, we view technology as a core competency. The team has extensive experience in direct investing in all stages of venture capital, private equity, private credit, and public equities on a global basis and across multi-billion-dollar portfolios.

Cercano offers services for all aspects of a client’s assets or family office. The team also has experience working with clients who have significant investments in non-financial assets on a global scale, such as fine art, professional sports teams, entertainment properties, intellectual property, commercial real estate, farmland, and personal residential estates.

POSITION MISSION

Cercano Management is seeking a Portfolio Manager/Analyst to play a key role on the Cercano Investment Management team, with a primary focus on public equity investments in the Technology sector, and preferably, the Software industry. In this role, the Portfolio Manager will be an important member of the Investment Management team reporting to the lead Technology Portfolio Manager to originate, evaluate, and recommend investment ideas for the portfolio in the Technology sector. The team is committed to providing superior long-term investment performance driven by exceptional research and security selection with a long-term fundamental focus.

Specific responsibilities include building and maintaining detailed financial models, thoughtful valuation work, regular interaction with management teams and industry experts, and creating meaningful investment reports. The successful candidate will be able to provide a differentiated view, identify change in covered companies and sub-sectors, and reach fact-based conclusions within a risk/reward framework. Candidates for the position should exhibit a passion for continual learning and the study of financial markets. The candidate should demonstrate the ability to balance being action oriented with stability and having the conviction to know which path to advocate. Above all, the candidate must be a team player who is collaborative and accessible.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Essential Duties and Responsibilities:

• Generate strong, insightful investment ideas based on independent research
• Ability to conduct face-to-face interviews with executive management teams, suppliers, and customers and conduct industry and competitive due diligence
• Collect and synthesize investment data on a macro and micro level while developing appropriate analytical processes to track and record changes to team and CIO
• Ability to distill complex products and ecosystem and communicate implications across the investment team
• Ability to clearly communicate both in written form and verbally
• Ability to visualize how technology will evolve and transform
• Support opportunities to early-stage venture capital and private equity investments
• Utilize fundamental and/or technical research to arrive at sound and timely investment decisions
• Demonstrate honesty, responsibility, integrity, and fulfillment of commitments

You will bring to the role:
The candidate should have relevant educational and work experience in buy-side and/or sell-side research, and investment banking in the Technology sector. Additionally, the candidate should have demonstrated excellent analytical skills, a strong grounding in economic fundamentals, and the ability to effectively communicate ideas. Most importantly, the individual should be intellectually curious, and engender a strong sense of commitment and integrity.

Required knowledge, experience, skill, and/or ability:

• Excellent analytical skills including financial modeling and independent research
• Knowledge and understanding of investment valuation methodologies
• Experience with investment due diligence processes
• Strong communication skills (writing, verbal, and presentations)
• Self-sufficient but team-oriented
• Strong communication skills (writing, verbal, and presentations)

Computer skills:

• MS Office (Word, Excel, PowerPoint, and Outlook)
• Bloomberg

Education/experience/certifications:

• Strong academic credentials, including a bachelor’s degree in Engineering and/or Finance.
• Advanced degree(s) or CFA charter holders will be given favorable consideration.
• Minimum of 3-5 years' experience in industry or investing.

Special remarks regarding the work environment:

• Cercano is a dynamic work environment. Individual will be expected to be flexible and able to adapt to rapidly changing circumstances.
• Must be team-oriented and able to work in a close-knit environment.
• Individual must share a passion and commitment to the values and mission of Cercano.

Your characteristics include:

• Innovation, collaboration, and trustworthiness with an entrepreneurial spirit.
• Ability to work effectively and collaboratively in an evolving, dynamic environment.
• A sense of humor and an appreciation for sharing success with teammates.
• A keen emotional intelligence quotient and a contained ego.
• Demonstrated honesty, responsibility, integrity in the fulfillment of commitments.

SALARY RANGE:

$175,000 - $300,000 on an annual basis. 

SALARY DETAILS: 

Pay will be based on multiple factors, including, and not limited to location, relevant experience/level, and skillset while balancing internal equity. Our discretionary bonus program is in addition to the base compensation range listed above. Cercano is committed to fair, unbiased compensation along with competitive benefits in all locations in which we operate. 

TOTAL REWARDS: 

Cercano offers a comprehensive benefits package including medical, dental and vision insurance, Health Savings Account with generous annual employer contribution, Flexible Spending Accounts for health and dependent care, unlimited paid time off, paid holidays, paid parental leave, opportunity to participate in a 401(k) plan with a generous employer match of 50% of your own contributions up to the standard annual IRS limit, company paid life insurance, and a Health and Wellness Benefit.  Employees are also eligible for reimbursement for approved professional development activities. 

Cercano is an equal opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, marital status, sex, disability, political ideology, or veteran status, or other protected class.