Monday, March 30, 2015

Investment Associate, Hedge FoFs- SF Bay Area

Investment Associate, Hedge Fund-of-Funds - SF Bay Area

Our client is the Investment Office of a multi-billion charitable foundation.  They manage the investment portfolio with an aim towards maintaining purchasing power, managing volatility and ensuring sufficient liquidity to fund the Foundation’s grant making and operating needs. The Investment team focuses its efforts on managing the portfolio’s asset allocation across a diverse set of asset classes, and selecting and monitoring investment managers within each asset class.

The Investment Associate position is a two year role supporting the Director of Public Equities or the Director of Hedge Funds in managing a multi-billion dollar investment portfolio. The portfolio is invested in institutional funds that are sponsored by leading investment managers. The Foundation does not make direct investments in companies, assets, or securities.

Key Responsibilities
• Work with Director to develop and implement portfolio strategies by analyzing historical returns and investment trends both domestically and abroad, monitoring current market conditions and assessing relative attractiveness of investment opportunities.
• Work with Director to select new investments by identifying high potential managers, participating in due diligence, and conducting detailed performance and portfolio analytics.
• Write quarterly portfolio and market reviews and lead semi-annual review of existing portfolio returns and underlying fund holdings.  Present findings from analysis to investment team.
• Monitor absolute and relative monthly performance of all managers in the portfolio. Track asset allocation levels relative to targets and assist in executing and confirming all cash flows to and from managers.
• Position provides excellent exposure to portfolio asset allocation strategies as well as investments in other asset classes including hedge funds, real estate, natural resources, long-only equity strategies, and fixed income.

Desired Skills and Experience

• Bachelor's degree with a minimum of two years of work experience in investment banking, management consulting, or investment management required.
• Well-developed quantitative and analytical skills with strong grounding in investment concepts (e.g. capital markets, statistical analyses).
• Working knowledge of financial statement accounting and analysis.
• Advanced Excel modeling skills and familiarity with PowerPoint, Bloomberg, Access, and other database tools and concepts.
• Self-starter with the ability to work independently, ask questions and use judgment. Ability to communicate concepts and distill information in an efficient, user-friendly manner especially important.
• Strong attention to detail.
• Exceptional interpersonal and presentation skills required.
• Two year commitment required. Associates typically pursue advanced degrees upon completion of the program.

To apply:

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