Analyst, Private Debt Investments

StepStone Group; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

StepStone Group in London is seeking a highly capable Analyst to support the Private Debt team, reviewing investment opportunities and performing due diligence on fund managers. The Analyst will develop and articulate investment findings and contribute to recommendations presented by the investment team to the Firm’s Investment Committee.

The role emphasizes rigorous analysis, ethical standards and collaboration within a collegial environment.

Qualifications

• BA/BS in Finance, Economics, Accounting; Master’s degree preferred.
• Relevant internship or up to 2 years of professional experience in investment banking, consulting, asset management, private markets or a related field.
• Demonstrated track record of academic success.
• Strong analytical capabilities, including writing and quantitative/modelling skills.

Responsibilities

• Interpret financial analyses of target fund managers, including investment track records and financial statement analysis.
• Support Senior Research staff in managing and tracking the inflow of investment opportunities.
• Assess marketing materials from prospective fund managers to identify key value drivers and areas for further investigation.
• Help develop recommendations regarding prospective investments and communicate the supporting analysis effectively in written materials and team discussions, including Investment Committee meetings.
• Write Fund Summaries and Investment Memorandums in line with StepStone standards.
• Use creativity to analyze data and test hypotheses regarding the attractiveness of specific sectors and investment opportunities.
• Form an independent opinion on the attractiveness of a credit strategy or fund as an investment opportunity and clearly articulate findings.
• Analyze and monitor the performance of the Firm’s existing fund managers and underlying investments; prepare for and participate in meetings with assigned managers and conduct ongoing due diligence.

Skills

Quantitative analysis

Writing ability

Education

Bachelor’s in Finance/Economics/Accounting

Master’s preferred

Tools

Excel

PowerPoint

Word

Job description

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

StepStone Group is currently seeking a candidate with excellent quantitative, qualitative and interpersonal skills for an Analyst position within our Private Debt team in London. The Analyst will work in a collaborative team environment, reviewing private debt investment opportunities and conducting due diligence on selected fund managers. Investment opportunities may include Primary Funds, Separately Managed Accounts, Secondaries and Co-Investments.

The Analyst will have the opportunity to develop and articulate investment findings and contribute to recommendations presented by the investment team to the Firm’s Investment Committee. StepStone prides itself on its collegial atmosphere, encouraging team-building initiatives and a collaborative approach to accomplishing projects.

The Analyst will engage with colleagues at all levels of the Firm, from Partners to peers, and will have the opportunity to interact with many of the leading fund managers in the private credit industry. This role requires adherence to the highest ethical standards, along with demonstrated maturity, reliability and strong attention to detail.

Essential Job Functions

• Interpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis
• Support Senior Research staff in managing and tracking the inflow of investment opportunities
• Assess marketing and supporting materials from prospective fund managers to identify key value drivers and areas for further investigation
• Help develop recommendations regarding prospective investments and communicate the supporting analysis effectively in written materials and team discussions, including Investment Committee meetings
• Write Fund Summaries and Investment Memorandums in line with StepStone standards
• Use creativity to analyze data and test hypotheses regarding the attractiveness of specific sectors and investment opportunities
• Form an independent opinion on the attractiveness of a credit strategy or fund as an investment opportunity and clearly articulate findings
• Analyze and monitor the performance of the Firm’s existing fund managers and underlying investments; prepare for and participate in meetings with assigned managers and conduct ongoing due diligence

Education and/or Work Experience Requirements

• BA/BS in Finance, Economics, Accounting or another relevant field; Master’s degree preferred
• Relevant internship experience or up to 2 years of professional experience in investment banking, consulting, asset management, private markets or a related field
• Demonstrated track record of academic success
• Strong analytical capabilities, including writing and quantitative/modelling skills

Other Desired Skills/Attributes

• Ability to represent the Firm credibly in written and interpersonal communications
• Leadership potential
• High proficiency in Microsoft Word, PowerPoint and Excel
• StepStone is a dynamic and entrepreneurial organization, and all professionals are expected to perform multiple functions
• Ability to promote and demonstrate a positive, team-oriented attitude
• Exposure to valuation and investment analysis through academic, internship or professional experience

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Candidates must be at least 18 years old to apply.

Developing People at StepStone