Portfolio Management Analyst

Blue Vista Capital Management, LLC; Chicago (IL); On-site; USD 85,000 - 115,000; Full time

Job summary

Blue Vista Capital Management LLC seeks a Senior Analyst to drive fund performance, modeling, NAV, and investor reporting across multiple funds. You will manage complex cash flows, compliance, and performance metrics with high visibility across senior leadership.

The role emphasizes rigorous finance fundamentals, advanced Excel/ARGUS/Power BI skills, and proactive ownership of multi-fund deadlines in a fast-paced environment.

Qualifications

• Bachelor's degree in Real Estate, Finance, Economics, Accounting, or a related field.
• CFA or CPA progress is a plus.
• 1–3 years in real estate private equity, finance, investment banking or related field; strong modeling and attention to detail required.

Responsibilities

• Track fund-level performance: IRR, equity multiple, DPI, RVPI, TVPI with attribution by asset, sector, vintage and strategy.
• Maintain quarterly attribution files and reconcile cash flows, waterfalls, and promote calculations.
• Prepare quarterly investor reports, fund performance summaries, and LP letters; QA against audited financials and statements.
• Maintain dashboards and KPIs for portfolio managers and senior leadership.
• Build fund-level and portfolio-level models, including waterfalls, promote, and fee bases.
• Forecast LP contributions and distributions to support liquidity and wind-down sequencing.
• Track sources/uses of capital, subscription lines, and capital recycling; assess financing effects.
• Draft capital calls and distribution notices; coordinate with fund accounting and IR.
• Run scenario analyses for hold/sell, refinancings, and other actions.
• Coordinate quarterly valuation process and NAV support with accounting and appraisers.
• Monitor LPA limits, amendments, and LPAC coordination; verify fees and allocations.
• Prepare fund-fit analyses for acquisitions, disposals, and refinancings; support IC memos.
• Fulfill LP requests and due diligence; support capital raising materials.
• Maintain benchmark data and market research; synthesize insights for leadership.
• Lead adoption of AI and automation across modeling, reporting, and QA workflows.

Skills

Advanced Excel

PowerPoint

ARGUS

Juniper Square

RealPage

CoStar

Power BI

AI tools

Education

Bachelor's degree in Real Estate/Finance/Economics/Accounting

CFA or CPA progress

Tools

None specified

Job description

This position sits at the confluence of the investment management life cycle, working with acquisitions, asset management, fund accounting, capital markets, investor relations, and senior leadership. The analyst role is the analytical engine that drives the organization.

The successful candidate should be detail oriented, managing their time across multiple funds and deadlines, setting clear priorities and expectations, and taking initiative without high-touch direction.

An inquisitive intellect coupled with a strong analytical background is a must. There are no bleacher seats in our organization. This is a highly visible role with a lot of responsibility across disciplines, academic touchstones, and advanced use of artificial intelligence, which the role will have a hand developing and evolving.

Key Responsibilities

Fund Performance, Attribution, and Reporting

• Track fund-level performance across all vehicles: gross and net IRR, equity multiple, DPI, RVPI, and TVPI, with attribution by asset, sector, vintage, and strategy.
• Maintain quarterly attribution files and reconcile asset-level projections to fund-level cash flows, waterfalls, and promote calculations.
• Prepare quarterly investor reports, fund performance summaries, and LP letters; perform cross-document QA against audited financials, capital account statements, and asset management reporting.
• Maintain portfolio and fund dashboards and key performance metrics for portfolio managers and senior leadership.

Fund Modeling, Waterfalls, and Capital Management

• Build and maintain fund-level and portfolio-level models, including distribution waterfalls, promote and carried interest calculations, management fee bases, and gross-to-net bridges.
• Forecast LP capital contributions and distributions to support fund liquidity, reserve planning, pacing against the Commitment Period, and wind-down sequencing for end-of-life funds.
• Track sources and uses of capital, subscription line draws and paydowns, capital recycling, and reserve balances; quantify the return effects of financing and timing decisions.
• Draft capital call and distribution notices and supporting calculations for review, and coordinate execution with fund accounting and investor relations.
• Run scenario and sensitivity analysis at the fund level to evaluate hold/sell decisions, refinancings, recycling, and other fund-level actions.

Valuations and NAV

• Coordinate the quarterly valuation process: appraisal scheduling and review, reconciliation of appraiser assumptions to asset-level business plans, and review of internal ARGUS-driven marks.
• Support NAV determination for the open-end vehicle, including debt marks, accruals, and unit pricing, in coordination with fund accounting.
• Prepare valuation summaries and support materials for auditors, the Investment Committee, and LP inquiries.

Fund Governance and LPA Compliance

• Monitor concentration, leverage, and other LPA investment limits; maintain compliance testing and flag exceptions ahead of Investment Committee review.
• Support amendment and consent processes, Commitment Period extensions, and LPAC coordination, including LP-facing analysis and talking points.
• Verify management fee, expense allocation, and promote calculations against LPA terms.

Investment Committee and Transaction Support

• Prepare fund-fit analysis for acquisitions, dispositions, and refinancings: remaining capital, concentration, projected fund returns, and DPI and IRR effects.
• Support IC memos, notifications, and approval communications for fund-level actions; participate in weekly IC meetings.
• Coordinate disposition workflows with asset management and accounting, including promote crystallization and distribution timing.

Investor Relations and Capital Raising

• Fulfill LP requests, due diligence questionnaires, and data needs in coordination with investor relations.
• Build track record, attribution, and re-up materials for existing and prospective investors; support annual meeting content.

Research, Benchmarking, and Strategy

• Maintain benchmark data (NCREIF, ODCE, peer fund sets) and market research to support LP reporting, valuation frameworks, and new strategy development.
• Synthesize market data into clear, decision-ready insights for senior leadership.

Technology, Data, and Process Improvement

• Lead adoption of AI and automation tools across modeling, reporting, and QA workflows, expanding the team's analytical capacity.
• Own data integrity across Juniper Square, ARGUS, RealPage, and internal performance databases; drive improvements in reporting, data management, and model architecture.
• Senior Analyst level: review analyst deliverables for accuracy and consistency and help develop junior team members.

Qualifications and Skills

Education: Bachelor's degree in Real Estate, Finance, Economics, Accounting, or a related field. CFA or CPA progress is a plus.

Experience: 1 to 3 years in real estate private equity, finance, investment banking or a related field. Exposure to fund structures and LP reporting is a plus; strong modeling fundamentals and attention to detail are required.

Technical Skills: Advanced Excel financial modeling and PowerPoint required. ARGUS, Juniper Square, RealPage, CoStar, and Power BI experience preferred. Interest in applying AI tools to analytical workflows is strongly preferred.

Communication: Clear, concise written and verbal communication suited to IC and LP audiences. Ability to translate complex fund mechanics into plain language.

Working Style: Exceptional attention to detail, ownership mentality, ability to manage multiple deadlines across funds.

We are committed to equitable and transparent hiring practices

Blue Vista carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The approximate salary range for this role is: $85,000–$115,000 annually in Chicago. The compensation that is offered will depend on the candidate’s skills, qualifications, and experience. Successful candidates may also be eligible for additional compensation including bonuses, incentives, equity, or other benefits.

Blue Vista Capital Management LLC is an Equal Employment Opportunity (“EEO”) Employer with a commitment to an inclusive workplace. We celebrate the unique differences of our employees because that is what drives curiosity, innovation, and the success of our business. We do not discriminate against any legally protected characteristics. Accommodations available for applicants with disabilities.