LP Secondary Market Analyst – Private Capital Advisory

Moelis & Company; New York (NY); On-site; USD 110,000 - 135,000; Full time

Job summary

Moelis & Company in New York is seeking an Analyst to gain exposure to the LP-led secondary market. You will support due diligence, valuation analysis, and the preparation of marketing materials for diverse private markets portfolios and fund interests.

You will work with senior professionals to perform financial modeling, NAV projections, and deal structuring while coordinating with buy-side and seller teams to ensure high-quality client advice.

Qualifications

• 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.

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.
• Perform 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.

Skills

Analytical skills

Excel

PowerPoint

Word

Education

Bachelor's degree

Job description

Moelis & Company in New York is seeking an Analyst to gain exposure to the LP-led secondary market. You will support due diligence, valuation analysis, and the preparation of marketing materials for diverse private markets portfolios and fund interests.

You will work with senior professionals to perform financial modeling, NAV projections, and deal structuring while coordinating with buy-side and seller teams to ensure high-quality client advice.