Sr. Analyst, Private Market Indexes

PitchBook Data; New York (NY); On-site; USD 135,000 - 175,000; Full time

Benefits offered by this job

Additional medical wellness incentives

STD, LTD, AD&D, and life insurance

Paid sabbatical program after four yrs

Paid family and paternity leave

Annual educational stipend

Tuition reimbursement

CFA exam stipend

Employee training programs

Employee assistance program

Vacation and volunteer days

Job summary

PitchBook Data, Inc. seeks a senior researcher to bridge Morningstar Indexes with the Institutional Research Group, advising on private markets index construction, eligibility, and performance measurement. The role includes authoring analyst notes and presenting at industry events.

You will engage institutional clients to understand benchmarking needs, coordinate with cross-functional teams, and help shape the index roadmap and methodology across private markets.

Qualifications

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field (CFA or CAIA a plus).
• 5+ years’ experience in private markets research, index or benchmark research, investment research, performance measurement, or related field.
• Must be authorized to work in the United States without visa sponsorship now or in the future.

Responsibilities

• Serve as the private markets and indexing expert bridging Morningstar Indexes and the Institutional Research Group—advising on index construction, eligibility criteria, weighting, rebalancing, valuation lag, and performance measurement conventions specific to private capital.
• Author and publish analyst notes, methodology explainers, and thematic research on private market benchmarking and index-based performance measurement.
• Represent the index franchise externally by attending and speaking at industry conferences, client events, webinars, and media engagements; build an external profile for the index platform.
• Engage directly with institutional clients to understand benchmarking needs and feed requirements to index and product teams.
• Act as the primary liaison between Morningstar index team and PitchBook stakeholders to ensure alignment on roadmap and methodology changes.
• Educate teams on index methodology and use cases through trainings and materials.
• Contribute input on data inputs, coverage, and methodological trade-offs for new index families.
• Monitor competitive landscape and translate findings into recommendations for roadmap and research agenda.

Skills

Private markets

Index research

Investment research

Performance measurement

Public speaking

Cross-functional collaboration

Education

Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field

Job description

At PitchBook, a Morningstar company, we are always looking forward. We continue to innovate, evolve, and invest in ourselves to bring out the best in everyone. We’re deeply collaborative and thrive on the excitement, energy, and fun that reverberates throughout the company.

Our extensive learning programs and mentorship opportunities help us create a culture of curiosity that pushes us to always find new solutions and better ways of doing things. The combination of a rapidly evolving industry and our high ambitions means there’s going to be some ambiguity along the way, but we excel when we challenge ourselves. We’re willing to take risks, fail fast, and do it all over again in the pursuit of excellence.

If you have a good attitude and are willing to roll up your sleeves to get things done, PitchBook is the place for you.

About the Role

PitchBook Institutional Research Group is a provider of research services to private market investors, advisors and market participants. The group provides investment strategy, fund performance and industry research through a differentiated, framework-driven approach. In addition, the group provides custom research and data analytics to subscribing clients. Morningstar Indexes builds and maintains index solutions that span public and private markets, and partners with PitchBook to bring private capital data and methodology to institutional benchmarking. This role will have a dotted line to the Head of Product & Research, Indexes.

Primary Job Responsibilities

• Subject matter expertise: Serve as the recognized private markets and indexing expert bridging Morningstar Indexes and the Institutional Research Group — advising on index construction, eligibility criteria, weighting, rebalancing, valuation lag, and performance measurement conventions specific to private capital


• Published research: Author and publish analyst notes, methodology explainers, and thematic research on private market benchmarking, index-based performance measurement, and the growing role of indexes in private markets — meeting PIRG editorial standards and publication cadence. In many cases, research will be co-created with the Morningstar Index team


• Industry engagement & speaking: Represent the index franchise externally by attending, speaking on, and moderating panels at industry conferences, client events, webinars, and in media engagements; build a visible external profile that reinforces the credibility of the index platform


• Client engagement & voice of the customer: Engage directly with institutional clients — including allocators, asset managers, wealth platforms, consultants, and GPs — to understand benchmarking needs, use cases, and gaps; systematically capture, synthesize, and prioritize that feedback for the index and product teams


• Cross-functional liaison: Act as the primary point of contact between the Morningstar index team and PitchBook stakeholders across Research, Product, Data Operations, Sales, Marketing, and Partnerships, ensuring alignment on roadmap, methodology changes, and go-to-market activity


• Internal advocacy & enablement: Champion the index platform internally — educating research, sales, and client success teams on index methodology, positioning, and use cases through briefings, training materials, and enablement content


• Index development input: Contribute private markets expertise to the design, testing, and launch of new index families and enhancements to existing ones, including input on data inputs, coverage, and methodological trade-offs


• Competitive & market intelligence: Collaborate with the Morningstar Index Product Management team to monitor the competitive benchmarking landscape, regulatory and industry developments, and evolving client standards, and translate those findings into recommendations for the index roadmap and research agenda


• Support the vision and values of the company through role modeling and encouraging desired behaviors


• Participate in various company initiatives and projects as requested

Basic Qualifications

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field — CFA or CAIA designation a plus


• 5+ years’ experience in private markets research, index or benchmark research, investment research, performance measurement, or a closely related field


• Must be authorized to work in the United States without the need for visa sponsorship now or in the future

Preferred Qualifications

• Demonstrated subject matter expertise in index construction, benchmark methodology, or performance and risk measurement — ideally with exposure to private asset classes


• Strong understanding of private capital fundamentals, including fund structures, capital call and distribution dynamics, IRR, TVPI and PME, NAV and valuation practices, and emerging vehicle types such as secondaries and evergreen funds


• Track record of publishing research for external institutional audiences, with writing samples available


• Confident public speaker with experience presenting at industry events, on panels, or with the media


• Client-facing experience with institutional investors and the ability to translate client needs into product and methodology requirements


• Demonstrated ability to work cross-functionally and influence without direct authority across research, product, and commercial teams


• Working proficiency with quantitative analysis and data tools


• Excellent written and verbal communication skills, with the ability to explain complex methodologies to technical and non-technical audiences


• Critical thinker with a detail-oriented, analytical mindset and a high standard for methodological rigor


• Proficiency with the Microsoft Office suite and the ability to quickly learn new systems and software

Benefits + Compensation at PitchBook

Physical Health

• Additional medical wellness incentives


• STD, LTD, AD&D, and life insurance

Emotional Health

• Paid sabbatical program after four years


• Paid family and paternity leave


• Annual educational stipend


• Ability to apply for tuition reimbursement


• CFA exam stipend


• Robust training programs on industry and soft skills


• Employee assistance program


• Generous allotment of vacation days, sick days, and volunteer days

*Please be aware the above PitchBook benefit and perk offerings are subject to corresponding plan and policy documents and may change during the course of your employment.

Social Health

• Matching gifts program


• Employee resource groups


• Dependent Care FSA


• Employee referral bonus program


• Quarterly team building events


• Shared ownership employee stock program


• Monthly transportation stipend

Compensation

• Annual base salary: $135,000-$175,000


• Target annual bonus percentage: 10%

Working Conditions

At the heart of our company is a belief in the power of in-person collaboration. Being together in the office fuels our creativity, strengthens our connections, and drives the innovation that sets us apart. Our culture is built on spontaneous moments—those hallway conversations, whiteboard brainstorms, and shared celebrations in each of our global offices—that simply can’t be replicated remotely. This role is expected to be in the office 5 days a week.

The job conditions for this position are in a standard office setting. Employees in this position use PC and phone on an on-going basis throughout the day. Limited corporate travel may be required to remote offices or other business meetings and events.

As set forth in PitchBook Data’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.