StepStone is a rapidly growing Global Private Markets firm who provides customized investment and advisory solutions to some of the most sophisticated investors in the world. With $640 billion of total capital allocations, including $143 billion in AUM, we are highly diversified in the private markets across the globe and provide creative solutions to solve for the objectives of any investment program.  With a culture built on entrepreneurialism, partnership and being a team within teams, our firm offers joiners the opportunity to think out loud, collaboratively.

Position Overview:

• Perform market research using publicly available information and proprietary databases to identify, quantify and analyze macroeconomic trends across a variety of industry sectors 
• Interpret financial analyses prepared by target fund managers, including investment track records and financial statement analysis 
• Support Senior Investment staff on sourcing and managing the inflow of investment opportunities
• Prepare for and support senior staff in client meetings
• Assess marketing and supporting materials of prospective fund managers to identify key value drivers and important areas for further investigation
• Conduct phone interviews with senior executives to gather insights and information regarding the style and effectiveness of target fund managers
• Form an independent opinion about the attractiveness of an investment opportunity or sector
• Construct an argument around an opinion and efficiently communicate that argument both verbally and in written materials; be able to defend position in a team environment, including Investment Committee meetings
• Use creativity to source and analyze data and to test hypotheses regarding attractiveness of specific sectors and investment opportunities
• Analyze and monitor the performance of the Firm's existing fund managers and underlying property assets; prepare for and participate in meetings with assigned managers, and conduct on-going due diligence independently
• Draft investment memorandums and presentations related to fund diligences and client deliverables

Other Requirements  

• BA/BS in Real Estate, Private Equity, Finance, Economics, Accounting, or equivalent relevant experience 
• 3 years or more of real estate private equity, investment banking, consulting, asset management, equity research or other relevant experience (Required)
• Experience in diligencing and underwriting commingled fund structures or SMAs
• Demonstrated track record of academic and professional success
• Ability to represent the Firm credibly in written and interpersonal communications
• Demonstrable analytical capabilities, including strong quantitative/modeling skills
• High proficiency in Word, Power Point and Excel
• Developing investment judgment and general understanding of risk/reward trade-offs
• Flexibility—StepStone is a dynamic and entrepreneurial organization; all professionals are expected to perform multiple functions as the firm continues to grow and develop
• Ability and willingness to use, learn and adopt new technologies
• Availability to travel, primarily within Europe and the UK
• Promote and demonstrate a positive, respectful team-oriented attitude 

Other Desired Skills/Attributes  

• Applied experience in valuation and investment analysis 
• Enrollment in CFA or CAIA program a plus
• Foreign language skills a plus 

About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

Developing People at StepStone

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