Impactful Research Analyst, Alternative Investments

First Trust Capital Management L.P.; Chicago (IL); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health & Wellness insurance

401(k) with company match

Paid Time Off

Job summary

First Trust Alternative Investment Research (FT AIR) in Chicago seeks a Research Analyst to support due diligence across hedge funds, private equity, real estate, and private credit. You will perform qualitative and quantitative analyses of managers and strategies, interact with managers, and prepare written notes for the investment team.

The role emphasizes strong analytical and communication skills, with exposure to internal investment processes and a collaborative research team of about 20.

Qualifications

• 0–2 years of relevant work experience in investment banking, asset management, or related field
• Excellent undergraduate academic record
• Interest in or progress toward the CFA designation a plus
• Interest in understanding hedge fund, private equity, private credit, and real estate strategies
• Effective communicator, both written and verbal
• Strong grasp of statistics used in financial analysis
• Demonstrated analytical/quantitative skill
• Passion for the alternative asset management industry
• Willingness to travel domestically and internationally up to 25% of the time

Responsibilities

• Perform qualitative and quantitative assessments of alternative investment managers and strategies
• Participate in calls and meetings with existing and prospective alternative asset managers
• Compile and distribute formal written notes related to investment meetings
• Function as a point of contact for the investment team with portfolio investments
• Perform ad hoc statistical analyses of fund risk exposures
• Support the creation of broader investment committee recommendations
• Lead maintenance of firm and fund materials for existing investments
• Provide analytical support to evaluate client portfolio performance
• Improve due diligence workflows and processes
• Provide operational and investment support for internally managed portfolios
• Assist in ad hoc research projects related to new product development
• Participate in creating market/industry commentary for marketing
• Support sourcing of new liquid and alternative investment strategies

Skills

Analytical skills

Quantitative analysis

Statistical knowledge

Communication skills

CFA interest

Travel willingness

Education

Undergraduate degree

Tools

Bloomberg

Morningstar

Preqin

eVestment/Pertrac

LightKeeper

Enfusion

Job description

First Trust Alternative Investment Research (FT AIR) in Chicago seeks a Research Analyst to support due diligence across hedge funds, private equity, real estate, and private credit. You will perform qualitative and quantitative analyses of managers and strategies, interact with managers, and prepare written notes for the investment team.

The role emphasizes strong analytical and communication skills, with exposure to internal investment processes and a collaborative research team of about 20.