Associate, Private Equity

Position: ASSOCIATE, PRIVATE EQUITY
About Cresset Cresset is a firm built by clients, for clients. As an independent, award-winning multi-family office and private investment firm, we are reimagining the way wealth is experienced. Our purpose is to help ensure that both wealth and life are fully optimized—integrated, intentional, and aligned with each client’s vision of success.

We provide access to the caliber of talent, ideas, and investment opportunities typically available to the largest single-family offices and institutions. Our approach is personalized, entrepreneurial, and client-first.

Proudly owned by our clients and employees, Cresset was built to endure. We are creating a 100+ year firm—one focused on delivering an exceptional experience, not only for the families we serve but for the team that serves them. Recognized by Barron’s and Forbes among the nation’s top RIA firms, and as one of the industry’s best places to work,
* Cresset is guided by long-term relationships, shared success, and a belief that wealth should serve a life well lived.

Key Responsibilities The Private Equity Research Associate will support the Vice President of Private Equity in our Research department, focusing on investment manager research and due diligence. The daily workflow involves meeting with investment managers, generating research notes and formal reports, tracking and analyzing performance and exposures, and other ad hoc projects. The role requires leading and completing various projects under strict deadlines in a fast-paced and dynamic environment.

Attend meetings with investment managers and prepare post-meeting reports for dissemination to colleagues across the organization and to clients

Create and update investment manager reports used for reviews and recommendations to clients

Assist with underwriting new investment ideas by analyzing firm background, investment strategy, historical performance, portfolio positioning, and fund terms

Utilize investment tools including Preqin and Pitch Book, to conduct manager analysis

Create asset class reviews summarizing major trends, including macroeconomic backdrop, performance drivers, competitive landscape, and key client considerations

Conduct modeling, including updating client cash flow models and tracking forward commitment calendars

Qualifications

Undergraduate degree (academic concentration in economics, finance, or business is preferred)2-5 years of experience within the financial services industry through internships or full-time positions with a preference for experience at a foundation, endowment, family office, or consultant and prior experience underwriting private investment strategies

Excellent written communication skills (a writing sample is required for consideration)
Proactive self-starter with the ability to multitask and organize competing priorities and deadlines

Analytical problem-solving and data analysis skills with high attention to detail

Intellectual curiosity and desire for constant learning

Advanced knowledge of Microsoft Word, Excel, and Power Point Knowledge  of capital markets and securities analysis; specific asset class experience is a plus

Experience with investment technology (Preqin, Pitch Book, Bloomberg, etc) is a plus

What We Offer:

At Cresset, we focus on people first. As a service business, our people are our assets. Engaging our clients and employees is our highest priority. Salary will be based on factors including, but not limited to, experience, licenses/certifications, industry knowledge, and geographic location. Cresset offers a competitive compensation package including an annual incentive and a benefits package to all full-time employees including medical, dental, vision, life insurance, 401(k) retirement plan, health savings accounts, short and long-term disability insurance, voluntary critical and accident insurance, and pre-tax parking and transportation programs.

Aligning employee and organizational interests, all employees receive equity in Cresset.

Equal Employment Opportunity It is the policy of Cresset to ensure equal employment opportunity (EEO) for all employees and applicants for employment without regard to race, color, religion, sex,…