Private Equity Investment Associate

Overview

Founded in 2001, Partners Capital is a Global Investment Office acting for distinguished endowments and foundations, senior investment professionals and prominent families across the globe. With $60B in assets under management, the firm constructs customized investment portfolios for its clients tapping into its deep network of partnerships with exceptional asset managers across all major asset classes. Clients include Syracuse University, Sesame Workshop, INSEAD Business School, New York’s Metropolitan Opera, San Francisco Symphony, Eton College, Colorado College, several Oxford and Cambridge University Colleges, several family offices around the world, and senior executives from leading global investment firms.

The firm employs more than 350 people across its eight offices located in Boston, New York, London, San Francisco, Paris, Singapore, Hong Kong and Dallas.

Partners Capital is diverse and inclusive, in people and in thought. Our meritocracy is enabled by fostering a truly inclusive and collaborative culture. We are proud to be an equal opportunity employer where diverse perspectives, backgrounds and experiences are valued.

The Investment Associate located in San Francisco will be a key contributor to our 25-person Private Equity and Real Estate team. As a sophisticated global investment firm with nearly 25 years of private market experience, we seek new team members who are dynamic and comfortable working in a fast-paced entrepreneurial environment.

The Partners Capital Research team is the engine for identifying and underwriting attractive investment opportunities for inclusion in client portfolios, as well as the deployment of our discretionary investment vehicles. Within our broader Research team, the Private Equity and Real Estate team manages the Firm’s investment program and external manager relationships across buyouts, growth equity, venture capital, and real estate and infrastructure.

The primary goal of the Private Equity and Real Estate research team is to deliver high absolute returns over the long-term by partnering with top-tier managers. The team also supports the growth of the business through innovation, creativity and continuous improvement of our investment program in the face of a competitive and rapidly changing market environment.

Your role will be focused on investment diligence (70% allocation) and portfolio management (30% allocation).

• Investment Diligence (70% Allocation): Support rigorous and comprehensive due diligence of private equity, venture capital, growth equity, and real estate primary fund investments. This role will primarily focus on private equity and growth equity primary fund investing, with additional exposure to venture capital and real estate primary fund investing. Stress-test the manager’s assumptions and develop an independent view of the merits of the investment, particularly in the context of the manager’s mandate, skill and experience.
  
  Diligence activities include meetings with managers, quantitative analysis of portfolios and performance, qualitative assessments of team, investment process and research quality, and external referencing and triangulation. The diligence process concludes with a detailed written investment presentation for discussion among the team and with the Internal Investment Committee.
• Investment Research: Lead and support research and analysis on investment opportunities, industry trends, and market dynamics across the private equity asset class. Contribute to investment theme ideation and creation of firm intellectual property.
• Prepare Internal and External Investment Documentation: Create materials for internal investment committee consideration. Internal documentation includes transaction information, company/opportunity financial analyses, due diligence findings, and investment recommendation. External documentation includes redacted summary investment materials for clients.

• Portfolio Monitoring and Process Management (30% Allocation): Support ongoing diligence and monitoring of investment managers and opportunities, including formal quarterly…