AVP, Alternatives Manager Research; Secondaries

Position: AVP, Alternatives Manager Research (Secondaries)
Company Description As part of the Wilshire family, you can rest assured that every day you are contributing to an organization that is helping investors improve their financial outcomes. For more than 50 years, Wilshire has been dedicated to providing customized portfolio solutions grounded in research and powered by next generation technologies.

Wilshire advises on over $1 trillion in assets for some of the world’s largest and most sophisticated institutional investors and is headquartered in the United States with offices worldwide.

Job Description Wilshire is seeking to recruit an investment professional to help lead research and due diligence efforts across all Alternatives segments with an emphasis on private markets (private equity, private credit, real assets) in North America.  As the AVP, Alternatives Manager Research, you will be a key member of the Alternatives Manager Research team and an active participant on deal teams.

Working closely with senior management, you will contribute throughout the investment process. You will source and underwrite investment opportunities across private markets with a particular emphasis on secondaries, as well as contribute to fund investments and co-investments.

What you’ll do:

Act as a key member of deal teams, sourcing and underwriting opportunities across primary funds, secondaries, and co-investments; draft clear, insightful investment memorandums

Develop and maintain deep relationships with private fund managers across the region, as well as create access to top-tier managers; proactively schedule and lead manager meetings and diligence calls (often high volume) to gather information and insights

Conduct comprehensive market and manager research to identify attractive opportunities; prepare ad hoc reports to support decision-making

Monitor existing investments and contribute to periodic reviews, performance updates, and risk assessments

Enhance research processes and methodologies; stay current on industry trends and regulatory developments

Support client communications and presentations with clear, accurate written and verbal materials

Qualifications

Bachelor’s degree; MBA or CFA a plus5 years of experience in the private equity industry, direct secondaries experience strongly preferred

Excellent analytical skills (both quantitative and qualitative); training from a recognized investment bank or management consulting firm is preferred

Breadth of underwriting across private equity, private credit, and real assets; demonstrated ability to source opportunities and build networks

Strong business and investment acumen

Strong institutional relationships in North AmericaA self-starter who is independent and results-oriented

Strong verbal and written communication skills - the ability to present ideas with precision and conviction

An entrepreneurial bent and a “roll-up-the-sleeves” orientation

Organized, thorough and detail-orientedA natural team-oriented individual who can provide leadership to the North American team and mentorship to its investment professionals and staff

Must be comfortable with travel which can be extensive at times

Additional Information This position will work on a hybrid model out of our Santa Monica, Pittsburgh, Chicago, or New York office

We offer a comprehensive benefits package including a collaborative work environment, generous PTO, 401(k) match, affordable & comprehensive medical/dental/vision insurance, CFA and other professional membership reimbursement, and more.

The pay range for this position is $110,000-$150,000. However, base pay will be determined on an individual basis considering various factors, including location, qualifications, skills, and experience. The total compensation package includes eligibility for an…