Senior Associate II, Investments – Alternatives Forecasting and Portfolio Intelligence

Although we prefer candidates from the NY Metro area, we are also open to East Coast candidates interested in working remotely.

The Investments Senior Associate, Alternatives Forecasting & Portfolio Intelligence is the dedicated analytics, forecasting, and performance expert for the Alternatives and Non-Core portfolio spanning Private Equity, Private Credit, Real Estate, Infrastructure, Hedge Funds, and Non-Core asset classes. The role translates portfolio data, performance, cash flow forecasts, and market intelligence into actionable insights supporting strategic asset allocation, M&A pricing, portfolio construction, and executive decision‑making.

The role owns asset- and strategy-level cash flow, NAV, and return forecasting; the Alternatives segment of the investment financial plan; M&A pricing projections for alternative assets; long‑term strategic asset allocation inputs for alternatives; performance attribution, variance analysis, and non-core benchmarks; portfolio risk and exposure reporting; fee and expense analytics; and Enstar’s alternatives data infrastructure, including Power BI dashboards and key external platforms such as SPI by Step Stone and Canoe.

• Develop and maintain asset- and strategy-level forecasts, financial plans, and M&A pricing models for all alternative and non-core investments
• Provide performance attribution, actual vs. budget variance analysis, and benchmarking for the alternatives and non-core investments portfolio
• Develop and maintain long-term capital market assumptions and strategic asset allocation inputs for alternative asset classes
• Serve as the subject matter expert for alternatives portfolio analytics and exposure reporting
• Build and maintain a suite of Power BI dashboards and lead alternatives data management across internal and external systems
• Drive continuous enhancement of forecasting and analytics capabilities
• Work in close coordination with the Portfolio Forecasting & Investment Analytics function supporting core fixed income to deliver integrated, firm-wide investment insights

• Asset Forecasts:
  Develop, build, and maintain asset-level cash flow, NAV, gain/loss, and return projection models for existing and prospective investments across the Alternatives and Non-Core portfolios.
• Strategy Models:
  Develop, build, and maintain strategy-level cash flow and NAV curve models, incorporating inputs from internal and external investment managers, and third-party data vendors across all Alternatives and Non-Core asset classes.
• Forecast Updates:
  Gather input from internal and external managers and vendors; update asset- and strategy-level forecasts on a quarterly, semi-annual, annual, or as-needed basis to reflect current portfolio data, manager outlooks, and market developments.
• Liquidity Forecast:
  Lead the annual liquidity survey across the Alternatives portfolio; develop the next-year liquidity forecast - incorporating capital calls, distributions, and redemption estimates by asset and manager - and integrate these projections into the annual Alternatives financial plan.
• M&A Pricing Models:
  Develop, maintain, and update investment projection models for individual alternative and non-core assets and/or asset classes to support Enstar’s M&A pricing process; collaborate with regional investment teams and the fixed income analytics function to ensure models remain accurate, consistent, and adaptable as deal structures and asset classes evolve.
• Financial Planning:
  Develop, build, and maintain the Alternatives segment of Enstar’s investment financial plan; run quarterly and annual planning cycles in partnership with the broader Investments team and cross-functional…