Analyst, Research & Investments - Private Equity

StepStone Group; New York (NY); On-site; USD 96,000 - 129,000; Full time

Job summary

StepStone Group seeks a Private Equity Analyst to engage broadly in the private equity industry, including manager and fund diligence for the advisory practice and diligence for asset management lines such as co-investment and secondaries.

The role involves financial modeling, market research, and portfolio analysis, with responsibilities to prepare memos and present recommendations to the Investment Committee.

Qualifications

• Excellent quantitative skills including financial modeling and valuation.
• Strong risk/reward understanding and sound investment judgement.
• Self-starter with ability to conduct research and find solutions.
• Clear written and verbal communication; ability to present ideas effectively.
• Ability to multi-task with attention to detail.
• Proficiency in MS Word, PowerPoint and Excel.
• Fluent English, both written and spoken.

Responsibilities

• Source, screen, and conduct due diligence on private equity fund managers, co-investments, and secondaries.
• Perform quantitative and qualitative research and financial modeling/analysis on companies and assets.
• Interact with fund managers and portfolio company management for underwriting and analysis.
• Analyze PPMs, financial statements, and investment returns.
• Conduct reference calls as part of due diligence.
• Perform market research to identify macroeconomic trends across sectors.
• Prepare due diligence materials and Investment Committee memos.
• Present recommendations to the investment team and Investment Committee.
• Monitor the performance of existing investments.

Skills

Financial modeling

Quantitative analysis

Investment judgement

Effective communication

Multi-tasking

Team orientation

MS Word/PowerPoint/Excel

English fluency

Education

Bachelor's degree (Spring 2025)

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

The Private Equity Analyst will engage broadly in various areas of the private equity industry, including manager and fund diligence for StepStone’s advisory practice, as well as diligence responsibilities for StepStone’s asset management business lines (i.e., co-investment and secondaries practices).

Essential Job Functions

• Work in a team environment with other investment team members to source, screen, and conduct due diligence on select private equity fund managers, co-investments, and secondaries
• Perform quantitative and qualitative research and financial modeling/analysis on companies and assets across industries and geographies
• Interact with fund managers/portfolio company management teams to conduct in-depth portfolio and asset-level underwriting and analysis
• Analyze PPMs, financial statements, and investment returns
• Conduct reference calls as a part of manager and asset due diligence
• Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of industry sectors
• Prepare due diligence materials and Investment Committee memos
• Present recommendations to the investment team and the Firm’s Investment Committee
• Monitor the performance of the Firm’s existing investments

Education And/Or Work Experience Requirements

• Must be able to work legally in the U.S. without requiring visa sponsorship now or in the future
• Applicants must have completed their undergraduate degree by Spring 2025
• Approximately one year of full-time experience in investment banking, consulting, private equity, or a related field
• GPA of 3.5 or higher

Required Knowledge, Skills, And Abilities

• Excellent quantitative skills, including financial modeling, analytical and valuation skills for purpose of evaluating investment opportunities
• Strong sense of risk/reward trade-offs, and an ability to display sound investment judgement
• Self-starter, with strong ability to think creatively and conduct research to find solutions
• Ability to communicate and present ideas effectively, both verbally and in writing
• Capable of multi-tasking with strong attention to detail
• Promote and demonstrate a positive, team-oriented attitude, with desire to work on various projects
• High proficiency in Microsoft Word, Power Point and Excel
• Fluent (written and spoken) English

Salary: $112,500

The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

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