Private Equity Fund Due Diligence - Associate (New York, NY)

Job description

J.P. Morgan Global Wealth Management

Private Equity Due Diligence – Associate

J.P. Morgan Global Wealth Management provides investment management products and services to high net worth and ultra high net worth investors. It offers the full spectrum of investment strategies - from equity, cash management, fixed income, currency and asset allocation to alternative asset classes such as private equity, real estate and hedge funds.

The Private Equity Due Diligence Group sits within GWM Managed Solutions and Strategies which encompasses the discretionary investment offerings for clients, including multi-asset and single asset-class strategies as well as our manager selection platforms. The Private Equity Due Diligence team is responsible for sourcing, evaluating and monitoring private investment funds across buyout, growth equity, real estate and private credit funds for inclusion in private client portfolios across the global client franchise. With over $42 billion in total commitments since 2000, the Private Equity Due Diligence team uses a "best-of-breed" approach to source investment opportunities across its broad platform. A disciplined open architecture selection process enables the group to offer private clients high quality investment opportunities.

This candidate will be responsible to:

· Develop and maintain a high level of product knowledge relating to the private equity, private credit and real estate private market industries
· Participate in meetings with fund managers to help screen their potential for inclusion in the Private Bank"s platform.
· Perform in-depth due diligence on private equity and real estate funds with an emphasis on quantitative analysis of manager track records, understanding the sources of value creation and comparing the manager"s investment performance to industry benchmarks.
· Prepare and maintain manager commentary and analysis relating to the performance of individual funds
· Assist with the due diligence of co-investment and direct opportunities
· Help maintain detailed monitoring records post-investment including hosting and documenting regular update calls/meetings with fund managers, attending fund annual meetings and onsite visits.
· Participate in and contribute to meetings with Private Bank clients

Desired profile

Requirements:

· Undergraduate degree with a minimum overall undergraduate GPA of 3.2
· 1-3 years work experience in investment banking, private equity, or private investment fund of fund research
· Experience with building and analyzing financial models
· Advanced knowledge of Microsoft Excel and PowerPoint

The key attributes for this candidate will include:

· Strong analytical skills to frame a decision and communicate in a transparent fashion.
· Genuine interest in investing, financial markets and macro-level economic trends
· Strong written, presentation and communication skills to represent JP Morgan to fund managers, internal audiences and GWM clients.
· Strong teamwork and interpersonal skills
· Good judgment and discretion working with highly confidential information
· Demonstrated ability to analyze and solve problems and to manage multiple tasks at once