Private Equity Specialist

Mercer; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Mercer, a Marsh business, is seeking a Private Equity Specialist in New York City on a hybrid basis. You will join the North America Private Equity Funds team, supporting portfolio construction and due diligence for advisory and delegated client accounts.

You will help lead end-to-end due diligence, evaluate funds, and contribute to manager selection while partnering with Principals and Partners on investment opportunities and written analyses.

Qualifications

• 3–5 years of relevant private equity investment experience.
• Exceptional quantitative skills to evaluate fund and portfolio performance.
• Strong verbal and written communication skills.
• Proficiency in Excel and working knowledge of the MS Office suite (Outlook, Word, and PowerPoint).

Responsibilities

• Attend manager meetings, plan due diligence, travel to on-site meetings, perform reference calls, evaluate the fund team, strategy, and performance, analyze historical returns, summarize relevant pros and cons, and determine an appropriate rating for a given fund.
• Develop an understanding of acceptable, market-based economic terms for strategies under evaluation.
• Thrive in an environment that embraces AI and technology-enabled tools
• Prepare standard and ad hoc reports and presentations to facilitate communication and transparency to the Investment Committee, Staff, clients and other external entities as required
• Provide general support to the research and due diligence efforts of the Private Equity team globally
• Serve as a resource to client-facing professionals seeking current information on non-marketable investment opportunities, including data and analysis, comparison to other fund managers, and the opinion of the research team

Skills

Private Equity

Due Diligence

Financial Modeling

Portfolio Analysis

Communication Skills

Education

MBA

CFA

CAIA

Equivalent Experience

Tools

Excel

PowerPoint

MS Office

Job description

We are seeking a talented individual to join our Private Equity team at Mercer, a Marsh business. This role will be based in New York City and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As a Private Equity Specialist, you will join Mercer’s North America Private Equity Funds team within the Alternative Investments Group, working closely with senior research staff to support portfolio construction and management for advisory and delegated client accounts. You will develop the skills to lead end-to-end due diligence processes for evaluating and underwriting prospective private equity strategies, while building expertise in private equity portfolio construction and manager selection. In this role, you will also support Principals and Partners in managing portfolios and contribute to in-depth written due diligence on current investment opportunities alongside Private Markets leaders.

We will count on you to:

• Attend manager meetings, plan due diligence, travel to on-site meetings, perform reference calls, evaluate the fund team, strategy, and performance, analyze historical returns, summarize relevant pros and cons, and determine an appropriate rating for a given fund
• Develop an understanding of the acceptable, market-based economic terms for strategies under evaluation.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Prepare standard and ad hoc reports and presentations to facilitate communication and transparency to the Investment Committee, Staff, clients and other external entities as required
• Provide general support to the research and due diligence efforts of the Private Equity team globally
• Serve as a resource to client-facing professionals seeking current information on non-marketable investment opportunities, including data and analysis, comparison to other fund managers, and the opinion of the research team

What you need to have:

• 3-5 years of relevant private equity investment experience, preferably at a pension fund, endowment, foundation, consulting firm, or fund of funds
• Exceptional quantitative skills with the ability to evaluate fund and portfolio performance
• Strong verbal and written communication skills.
• Excellent interpersonal, organization, and time management skills
• Resourceful, proactive, and self-motivated, with the ability to work independently
• Passion for or strong interest in investing
• Proficiency in Excel and working knowledge of the MS Office suite (Outlook, Word, and PowerPoint)

What makes you stand out?

• MBA, CFA, CAIA, or equivalent experience
• Fluency in AI tools and technology

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.