Senior Research Analyst - Private Equity

FEG; Cincinnati (OH); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health insurance

Dental & Vision plans

Life insurance

Short/Long-Term Disability insurance

401(k) with ESOP

Job summary

FEG is seeking a Senior Research Analyst - Private Equity in Cincinnati, OH to source and evaluate private equity investment managers across buyout, growth, venture, secondaries, and co-investment strategies. The role includes conducting due diligence, presenting to the Investment Committee, and developing market research and investment theses.

You will manage relationships with investment managers, support portfolio construction, and contribute to thought leadership for clients and internal

Qualifications

• Bachelor's degree required; CFA, CAIA, or MBA preferred.
• 2–5 years of relevant experience in private equity, investment banking, consulting, institutional investment research, or related field.
• Knowledge of private capital markets across buyout, growth equity, venture capital, secondaries, and co-investment strategies.
• Excellent written and verbal communication skills for presenting to Investment Committee and clients.
• Ability to manage multiple priorities and collaborate across teams.

Responsibilities

• Lead sourcing, due diligence, recommendation, and ongoing monitoring of private equity investment managers.
• Conduct qualitative and quantitative investment analysis and present recommendations to the Investment Committee.
• Serve as a primary relationship manager for assigned investment firms.
• Partner with senior professionals to support manager selection, portfolio construction, and client deliverables.
• Develop market research, investment theses, and educational content on private markets.

Skills

Communication

Multitasking

Teamwork

Analytical thinking

Education

Bachelor's degree

MBA or CFA/CAIA preferred

Tools

Excel

PowerPoint

SharePoint

Job description

Position:Senior Research Analyst - Private Equity

Location: Cincinnati, OH

Job Id:349

# of Openings:1

The Senior Research Analyst (Private Equity) is responsible for sourcing, evaluating, recommending, and monitoring private equity investment managers across buyout, growth equity, venture capital, secondaries, and co-investment strategies. The role develops relationships with current and prospective investment managers, partnering with senior team members to lead and support investment due diligence and present recommendations to the firm's Investment Committee and clients. The Senior Research Analyst also conducts market research, develops investment theses, supports portfolio construction, and contributes to thought leadership and education on private markets for clients and internal stakeholders.

Why Work at FEG? / About the Company

FEG is an independently owned advisory firm that provides investment consulting, outsourced chief investment officer (OCIO), and research services to predominantly institutional clients1, such as university endowments, private and public foundations, religious organizations, healthcare institutions, corporate retirement plans, and select family offices.

Founded in 1988, FEG has served communities both directly and by helping our clients fulfill their missions, for over 37 years. FEG employs 140+ professionals across offices in Cincinnati, Ohio, Dallas, Texas, and Indianapolis, Indiana, with approximately $99.4 billion2 in client assets under advisement.

What You’ll Do / Position Responsibilities

• Lead sourcing, due diligence, recommendation, and ongoing monitoring of private equity investment managers.
• Conduct qualitative and quantitative investment analysis and present recommendations to the Investment Committee.
• Serve as a primary relationship manager for assigned investment firms.
• Partner with senior professionals to support manager selection, portfolio construction, and client deliverables.

Asset Class Research and Content Development

• Maintain expertise across private capital markets and industry trends.
• Monitor investment manager performance, portfolio developments, and organizational changes; communicate key insights and recommendations to internal stakeholders and clients.
• Produce research reports, investment recommendations, and market commentary.
• Contribute to investment philosophy, portfolio construction, and educational content.
• Represent the firm in meetings with investment managers and at industry events.

Core Areas of Responsibility

• Investment Committee Support
• Private Markets Research
• Client Advisory Support

Travel Requirements

• Travel up to 10-15%, primarily for investment manager due diligence meetings, onsite visits, annual meetings, industry conferences, and client meetings.
• Occasional overnight travel is required.

What We Require / Minimum Qualifications

• Bachelor's degree required; CFA, CAIA, or MBA preferred.
• 2–5 years of relevant experience in private equity, investment banking, consulting, institutional investment research, or a related field.
• Demonstrated knowledge of private capital markets, including buyout, growth equity, venture capital, secondaries, and co-investment strategies.
• Excellent written and verbal communication skills, with the ability to present investment recommendations to internal committees and clients.
• Proven ability to manage multiple priorities, work independently, and collaborate effectively across teams.

What You’ll Bring / Knowledge, Skills, and Experience

• Ability to identify and resolve or appropriately escalate complex issues with minimal guidance.
• Experienced in Microsoft Office, Excel, PowerPoint and SharePoint with strong attention to detail, and excellent written and verbal communication skills.
• Listen and learn while still taking full ownership of individual scope of work.
• Engage collaboratively with clients, investment teams and peers.
• Prioritize effectively and decisively across complex teams and competing priorities.
• Enjoy working in and learning about the financial investment industry.

What We Offer / Benefits & Compensation

• Competitive compensation and bonus opportunities commensurate with qualifications and performance.
• Employer-paid life, Short-Term Disability and Long-Term Disability coverage plus subsidized Medical, Dental, & Vision plans.
• Wealth Benefits including 401(k) and ESOP Programs with company contributions.
• Flexible work options designed to support work-life balance while maintaining productivity and collaboration.
• Employee-led culture committees focused on engagement, well-being, diversity, and a positive workplace environment.

The above job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required for the position.

All job requirements are subject to possible modification to reasonably accommodate individuals with disabilities. Some requirements may exclude individuals who pose a direct threat or significant risk to the health and safety of themselves or other employees.

This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform other job-related duties requested by their supervisor in compliance with Federal and State Laws.

Requirements are representative of minimum levels of knowledge, skills and/or abilities. To perform this job successfully, the employee must possess the abilities or aptitudes to perform each duty proficiently. Continued employment remains on an “at-will” basis.

1 Institutional clientsinclude Charitable organizations, Community Foundations, Corporate, Healthcare, Higher Education, Independent Schools, Insurance, Native American Tribes, Private Foundations, Public Funds, Religious organizations, and Taft Hartley.Nonprofit clientsinclude Charitable organizations, Community Foundations, Healthcare (nonprofit), Higher Education, Independent Schools, Private Foundations, and Religious Organizations.

2 As of December 31, 2025, Assets under Advisement (AUA) include discretionary and non-discretionary assets of FEG and its affiliated entities. These assets are typically non-discretionary. Some asset values may not be readily available at the most recent quarter-end; therefore, the previous quarter's values were used and may be higher or lower depending on current market conditions. Of the $99.4bn in AUA, FEG's total assets under management (AUM) of $18.1bn includes discretionary of ($15.4bn) and non-discretionary AUM ($2.6bn).

FEG Investment Advisors is an Equal Opportunity Employer. FEG Investment Advisors does not discriminate in its employment decisions based on race, religion, color, national origin, sex (including pregnancy, gender identity and sexual orientation), age (40 or older), disability, veteran or military status, genetic information, or any other basis that would violate any applicable federal, state, or local law.