Associate Analyst, Alternative Investments

Associate Analyst, Alternative Investments Please view Northern Trust's cookie policy here.# NT Careers## Associate Analyst, Alternative Investments Apply:
Chicago, IL:
Full time:
Posted Today:
End Date:
November 17, 2026 (4 days left to apply):
R164472
** About Northern Trust
** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.  Since 1889, we have aligned our efforts with our three guiding Principles That Endure:
Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.  With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.
50 South Capital () is the private equity investment group within Northern Trust. 50 South Capital’s private equity group makes primary, secondary, and direct co-investments in buyout and venture capital funds and companies in the U.S., Europe and Asia. The team has extensive experience investing in the industry and has been led by its founding partners since 2000. It oversees over $19.4 billion in assets and is experiencing rapid growth.  

The individual in the two-year Analyst position will participate in all of the group’s activities, including investments, fundraising and portfolio management. This will include screening investment opportunities; meeting fund management teams; completing due diligence, including valuations and modeling; participating in various portfolio monitoring tasks and data analysis projects; creating and updating marketing materials; and participating in fundraising related initiatives.  
** WHO YOU ARE
*** You are pursuing a bachelor’s degree with a major in business, finance, accounting, economics, or engineering preferred at an accredited college/university with an expected graduation date of December 2027 through Summer 2028.
* Preferably seeking a summer 2027 start date.
* 0-1 years of experience with leveraged finance,consulting, public accounting, corporate finance or private equity.
* High attention to detail.
* Strong work ethic.
* Excellent interpersonal skills, ability to work within a collegial, team environment.
* Strong communication skills, both written and oral.
* Highly-developed analytical ability, curiosity.
* Ability to prioritize workload and to work on a number of projects concurrently.
* Strong business and interpersonal judgment skills with ability to assess both the qualitative and quantitative aspects of an investment.
* Understanding of how financial markets work, particularly private equity.
* Knowledge of basic financial analysis and the valuation of private companies.
* Highly proficient in Word, Excel and PowerPoint.
* Must be comfortable representing the firm to outside constituencies in a professional way.
** WHAT YOU’LL DO
*** Prepare financial analysis in support of the firm's due diligence on private equity fund/secondary/direct investment opportunities.
* Evaluate a firm’s strategy and historical track record versus industry benchmarks; tracking industry-wide and fund specific investment and liquidity data; modeling fund cash flows and transaction structures; working with valuation models and projection models; reference calls; and compiling information for investment committee presentations.
* Support general duties within the primary, secondary, and direct investment functions, including monitoring the universe of buyout and venture capital…