Job Description
Job Level: 5-7+ years of experience
Location: Boston, MA or Chicago, IL
NEPC is looking for an Investment Director to join the Firm's Marketable Equity team. The Marketable Equity team is responsible for sourcing and analyzing public and hedge fund equity strategies as well as developing an implementation approach for our clients.
This individual will join a collaborative team and assume primary responsibility for investment strategies across NEPC's Hedged Equity strategies. In addition, this candidate may have supplemental coverage within the long-only public market space.
To be successful in this role, one must be highly motivated, intellectually curious, technically oriented, and a proficient writer. We are looking for a team player with excellent critical assessment capabilities and the ability to effectively communicate our investment insights to clients directly as well as through investment memos and research.
Job Summary: Candidates for this position will most likely be serving in a comparable role at an asset owner, investment manager or consulting firm specializing in the hedge fund and/or public market space. The candidate will be responsible for the sourcing, reviewing, evaluating and analyzing of investment strategies, new and ongoing research within the coverage area and serving as the primary contact for those strategies. This includes identifying, interviewing and performing due diligence (qualitative and quantitative) on new and existing funds. In addition, the candidate will perform ongoing monitoring of the investment strategies within their assigned area of coverage and prepare quarterly/annual reports on developments.
NEPC has a strong commitment to ESG and DEI and this position will have the opportunity to make an impact as we continue to build and strengthen our success in these areas.
Additional insight on responsibilities can be found below:
- Evaluating and analyzing investment strategies within the hedged equity space including long/short and sector focused hedge funds.
- Developing research analysis, including investment memos, designed to summarize our opinion on investment managers and strategies.
- Serving as key NEPC contact for internal and external constituents for assigned area of focus.
- Conducting market research and publishing blog posts, white papers and other materials for coverage area.
- A willingness and ability to travel to conduct evaluations investment managers and to present to clients is required.
- Presenting manager evaluations to investment committees.
Job Qualifications: - 5-7+ years of investment experience specifically with manager and strategy selection
- Bachelor's degree
- CFA ® designation or CAIA ® designation (or progress towards these credentials)
- Experience working with and/or evaluating Hedge Fund strategies would be a positive
- Mature, professional demeanor and ability to present to clients and prospects is important, as that aspect of the role will increase with time
- The most important qualifications are intellectual curiosity, strong work ethic, attention to detail, second-level thinking, and the ability to marry quantitative and qualitative frameworks to form investment recommendations
Company Background: NEPC, LLC is an employee-owned, full-service investment consulting firm based in Boston, Massachusetts. We were founded in 1986 and now have approximately 350 employees and over 400 clients.We help governments, institutions, families, and individuals preserve and grow their capital across different asset classes and market cycles. We provide a variety of consulting services such as asset allocation, performance measurement, policy formulation, investment manager research, and discretionary portfolio management. Our clients include defined benefit, defined contribution, endowments, foundations, trusts, public, corporate, Taft-Hartley, health & welfare, high net worth, insurance, and private plans.
Culture is important to us here at NEPC - our values include putting clients first, doing the right thing, bringing your whole self to work, building trust, embracing change, and having a we before me approach in our work. Advancing diversity and inclusion within our firm and industry is also a core initiative at NEPC. We are a strong advocate of promotion from within, so excellent potential exists for professional growth. We're a fun (but demanding) company with excellent working conditions, a very supportive, team-oriented environment, and a full benefits program to support your life and well-being. We offer a competitive salary and bonuses (when applicable).
NEPC is an Affirmative Action/Equal Opportunity Employer (September 2024) NEPC
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