Quant Portfolio Optimization Architect – Private Markets

First Recruiting, LLC; New York (NY); On-site; USD 140,000 - 210,000; Full time

Job summary

First Recruiting, LLC is seeking a Private Markets Quant Analyst to design and maintain customized investment strategies across real estate, infrastructure, renewable power, private equity, and credit. You will work with institutional and wealth clients to develop tailored portfolio solutions focused on income generation, inflation protection, and long-term capital appreciation.

You will design portfolio optimization frameworks, build Monte Carlo simulations, and develop models for returns,

Qualifications

• Bachelor's or Master's in Mathematics, Statistics, Physics, Computer Science, or another highly quantitative field.
• 4+ years in a leading private markets investment manager, pension fund, sovereign wealth fund, endowment, OCIO, or asset manager.
• Strong programming skills within SQL and Python.
• Experience with portfolio optimization techniques and risk models.
• Knowledge of private market cash flow dynamics (capital calls, distributions, NAV evolution).

Responsibilities

• Design and implement portfolio optimization frameworks for private market portfolios across multiple asset classes.
• Develop optimization models incorporating illiquidity, capital calls, distributions, pacing, vintage diversification, and leverage.
• Develop quantitative models for expected returns, risk, cash flow forecasting, and correlations across private market investments.
• Build simulation engines using Monte Carlo and scenario analysis for different environments.
• Work with private market data providers (Cambridge, MSCI/Burgiss/Preqin).
• Contribute to private market risk measurements (factor models, dispersion, stress testing).
• Collaborate with Portfolio Managers, analysts, and risk management teams.
• Produce thought leadership pieces and whitepapers on private portfolio construction and risk.

Skills

SQL

Python

Portfolio optimization

Factor models

Data visualization

Communication

Big data

Education

Bachelor's or Master's in a quantitative field

Tools

Tableau

Bloomberg

Barra

Axioma

Preqin

Job description

First Recruiting, LLC is seeking a Private Markets Quant Analyst to design and maintain customized investment strategies across real estate, infrastructure, renewable power, private equity, and credit. You will work with institutional and wealth clients to develop tailored portfolio solutions focused on income generation, inflation protection, and long-term capital appreciation.

You will design portfolio optimization frameworks, build Monte Carlo simulations, and develop models for returns,