Senior Investment Research Manager

MIO Partners Inc. (MIO) is a global, world-class investment and advisory institution with a decades-long track record of performance for our clients through multiple market cycles. Our team of approximately 250 people provides asset management and advisory services to current and former McKinsey employees. We manage more than $20 billion in assets across public and private markets. We are headquartered in New York City, with offices in Atlanta, Georgia;
West Palm Beach, Florida;
Germany;
Hong Kong;
Singapore;
Spain; and the UK.

We provide objective advice on long-term wealth building and create distinctive investment products that deliver value relative to market-based benchmarks. We operate two core lines of business: (i) our advisory team provides advice, wealth planning, and retirement services to approximately 2500 individual clients, and (ii) our investments business consists of alpha-seeking alternative investment strategies across public and private markets.

A defining characteristic of our business is our perfect alignment with our clients. Our extraordinary mandate as a boutique investment and advisory firm, grounded in a core set of principles, enables us to create unique products and services while keeping our clients’ interests front and center.

Much of our success can be attributed to our insatiable intellectual curiosity. We seek to hire individuals who are passionate about our mission and values, and who always strive toward excellence. We care about fostering a culture of continual improvement, as individuals and as an organization, and are excited to work with individuals who have a similar growth mindset. We are proud to have a culture that promotes the highest ethical standards and investor-focused values, alongside a commitment to diversity and inclusivity and a highly collaborative work environment.

MIO (and related entities) is an independent, indirect, and wholly owned subsidiary of McKinsey & Company.

MIO takes a team-based approach to everything we do. Over decades, we have created distinctive investment frameworks, systems, and processes. We seek a colleague who can use those institutional capabilities to create value for our investors, and assist us in continuously improving our capabilities.

A majority of MIO’s active assets under management are invested with external third-party managers (i.e., hedge funds and other alternative investment managers). These third-party investments span a wide range of strategy areas, including equities, global macro, quantitative, multi-strategy, credit, commodities, and fixed income.

A minority of MIO’s active assets are deployed through MIO’s own in-house macro trading strategies, which are supported by MIO’s deep macroeconomic and cross-asset class market research. Our asset class coverage spans global rates and government bonds, commodities, foreign exchange, and global equity and corporate credit indices.

In both activities, the portfolio management team is leveraged by MIO’s robust proprietary analytics platforms, in-house data, and experienced support team.

In an apprenticeship with a Portfolio Manager (PM) and the public markets CIO, the SIRM will be principally responsible for assessing and managing multi-strategy hedge fund investments.

• Support the CIO in managing a book of external hedge fund investments in the multi-strategy and multi-pod strategy area, adding alpha to MIO’s portfolios net of all assessed risks and capital charges. Key activities include:
  • Performing in-depth research to source new manager opportunities
  • Preparing analyses and shortlists of potential managers and providing evidence-based hiring (or firing) recommendations
  • Active, comprehensive monitoring of managers, including regular discussions to understand their market insights, alignment with investors, and business objectives
  • Keeping a detailed record of corresponding documentation for existing and prospective managers
  • Help manage the relationship with new and existing managers and negotiating fund investment terms
  • Operating within MIO’s proprietary investment frameworks and processes. Learning these frameworks will be an…