Analyst, Investment Banking - Private Capital Advisory (GP-Led Secondaries)
Moelis & Company · New York, United States · 1mo ago
We are passionate about our business and our culture, and are seeking individuals with that same drive.
Your application will not be considered if you have not completed the Suited assessment and shared your score with Moelis. Additional information about the assessment below. This is a requirement for the application process.
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Complete the Suited assessment here. To learn more about the assessments, please visit: Resource Guide for Investment Banking Candidates
Overview
Moelis Private Capital Advisory ("PCA") is a global business that provides strategic advisory and distribution to private fund sponsors and institutional investors, including primary fundraising, tailored capital raise solutions, and secondary market advisory. Combined with the Firm's leading financial sponsor franchise, sector expertise and M&A capabilities, PCA delivers a range of strategic, customized solutions to clients across a wide range of strategies, including buyout, growth, real assets, special situations and sector specific strategies.
The Secondary Advisory team at Moelis & Company is a global team focused on advising institutional investors and financial sponsors on a wide range of strategic liquidity solutions across the private capital universe. Within this platform, the LP-led practice advises limited partners — including pension plans, endowments and foundations, sovereign wealth funds, insurance companies, family offices, asset managers, and funds-of-funds — on the sale and restructuring of their private markets portfolios and individual fund interests. The team works closely with industry and product groups across Moelis to provide relevant market insight, portfolio valuation and structuring advice, and best-in-class execution to clients. As a member of the team, successful candidates will be responsible for supporting advisory, structuring, and execution services to institutional investors seeking liquidity across their private capital holdings.
Position Description:
The Analyst position at Moelis offers exposure to all aspects of the GP-led secondary market, including continuation vehicles, single-asset and multi-asset continuation funds, tender offers, and other liquidity and portfolio-management solutions for GP clients. The Analyst will work closely with senior professionals throughout the firm to support high quality advice delivered to GP clients as they actively manage liquidity for their portfolio companies and investors.
Responsibilities:
Support portfolio-, fund-, and underlying company-level due diligence and valuation analysis across diversified LP portfolios; assist in preparing marketing materials (portfolio overviews, teasers, data books, etc.) and other transaction-related documentation
Financial analysis and modeling, including LP portfolio valuations, cash flow and NAV projections, pricing analyses, LBOs, and waterfalls
Assist in managing buy-side investor outreach and due diligence (e.g., data room management, GP reference calls, investor Q&A)
Contribute to preparing responses to due diligence requests from potential secondary buyers, and coordinate information flow between selling LPs and prospective purchasers
Communicate and collaborate regularly with Moelis' industry and financial sponsor coverage team members
Maintain databases of secondary market transactions, LP portfolio pricing benchmarks, buy-side investors (profiles, strategies, investment preferences), and broader market data to support marketing materials and client advice
Communicate regularly with buy-side investors (dedicated secondary funds, family offices, SWFs, insurance firms, funds-of-funds, asset managers, etc.)
Conduct secondary market research, including tracking LP portfolio pricing, deal volumes, and liquidity trends across the alternatives industry
Conduct ad hoc industry research
Qualifications:
Candidates for the Analyst position should exhibit a strong history of academic achievement as well as possess the following attributes:
Bachelor's degree required; prior internship or full-time experience in investment banking, private equity, or financial services preferred
Basic understanding of the private equity industry and an interest in the secondaries market and institutional portfolio management
Highly motivated individual with a strong desire to learn
Keen attention to detail
Strong analytical and technical skills (including experience with Microsoft Excel, PowerPoint and Word)
Ability to think creatively in order to solve problems
Excellent communication skills
Organized, with good judgment and time management skills Ability to work independently and as part of a broader team
Compensation Expectations: USD $110,000–$135,000
We are an Equal Opportunity Employer. Applicants are considered for employment opportunities without regard to race, age, religion, color, sex (including pregnancyand gender identity), parental status, national origin, marital status, veteran status, sexual orientation, political affiliation, citizenship status, genetic information (including family medical history), disability (in compliance with the Americans with Disabilities Act and any other applicable law), or any other characteristic or status protected under any applicable US, state or other law.This policy applies to all terms and conditions of employment, including recruitment and hiring, appraisal systems, promotions, and training.