MSIM - Private Equity Solutions - Secondaries Associate

Morgan-Stanley; Town of Islip (NY); On-site; USD 110,000 - 150,000; Full time

Job summary

Morgan Stanley is seeking an Associate for its Private Equity Solutions team focused on secondaries investments, located in New York. You will work on deal sourcing, diligence, and financial analysis, supporting senior investment professionals in a collaborative, fast-paced environment.

The role emphasizes investment analytics, marketing materials, and cross-functional collaboration with teams across technology, data, and business development. 2-3 years of PE or IBD experience is preferred.

Qualifications

• Bachelor's degree required.
• 2-3 years of experience in private equity or investment banking.
• Highly motivated self-starter with a team orientation.
• Strong verbal and written communication skills.
• Extensive quantitative modeling with solid financial concepts and valuation knowledge.
• Exceptional project management and execution skills with ability to meet deadlines.

Responsibilities

• Contribute to investment sourcing, due diligence and portfolio monitoring by reviewing materials, meeting with fund managers, and assessing performance.
• Create and update financial analyses for the secondaries process (e.g., fund pricing analyses, comparable valuations, LBO models, return projections with sensitivity analyses, track record analyses).
• Produce and update secondary-specific marketing materials and initiatives.
• Collaborate on strategic initiatives with cross-functional teams (technology, data/systems, marketing, sourcing, business planning).

Skills

Verbal and written communication

Quantitative modeling

Project management

Team orientation

Education

Bachelor's degree

Job description

Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm, with more than 40 years of history, a presence in 26 countries, and a total of $2.0 trillion in assets under management as of June 30, 2026. MSIM strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.Morgan Stanley Private Equity Solutions (the Team), an investment team within MSIM, seeks to deliver innovative private markets solutions to a global client base across a variety of asset classes within private equity and related strategies. The Team is comprised of over 70 investment professionals based in suburban Philadelphia, New York, London, and Hong Kong and manages a global program across primary fund investing, co-investing, and secondaries in developed and emerging markets. The Team also has a strong and growing leadership position across impact-oriented strategies, including social impact, climate solutions, and racial & gender equity. Overall, the Team has invested over $30bn across over 1,300 opportunities, as of December 31, 2025.DESCRIPTION:The Team is seeking candidates, preferably with previous experience at investment banks, consulting firms, private equity firms, or private equity fund of funds for an Associate position on our Private Equity Solutions team, focused on secondaries investments, predominately LP-led.Investment professionals at the Associate level work closely with senior investment professionals on 3-4 person deal teams and are responsible for investment analysis, research, and investment process management. The private markets program spans asset classes from venture capital to leveraged buyouts. The position is available in New York.RESPONSIBILITIES:Contribute to investment sourcing, opportunity diligence and evaluation, and portfolio monitoring by reviewing inbound investment materials, meeting with private equity fund managers, and assessing performance of specific companies and fundsContribute to the creation and execution of financial analyses in support of the secondary investment process (e.g., secondary fund pricing analyses, comparable company valuation analyses, LBO models, investment return projections with sensitivity analyses, track record analyses, etc.)Contribute to the creation and updating of secondary-specific marketing materials and initiativesContribute to strategic initiatives with cross-functional teams related to technology, data/systems, marketing, business development, sourcing, and business planningQUALIFICATIONS:An undergraduate degree from a leading university2-3 years of experience in private equity or investment banking. Secondaries experience is a plusHighly motivated self-starter with a team orientationStrong verbal and written communication skillsExtensive quantitative modeling experience with an excellent understanding of financial concepts and valuationExceptional project management and execution skills with an ability to meet challenging deadlines while maintaining a high degree of quality and accuracyA high level of intellectual curiosity in developing knowledge of private equity and capital marketsWHAT YOU CAN EXPECT FROM MORGAN STANLEY:At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.Expected base pay rates for the role will be between $110,000 and $150,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit : https://www.morganstanley.com/people-opportunities/eeo .