Senior Research Analyst – Private Equity

• 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.

• 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.

• Investment Manager Research.
• Due Diligence & Monitoring.
• Investment Committee Support.
• Private Markets Research.
• Client Advisory Support.

• 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, IA 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.
  • Paid Time Off (Holidays, PTO, Parental Leave)
  • 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.Work Authorization Requirement
    FEG Investment Advisors is committed to fostering diversity and maintaining equitable, inclusive hiring practices. At this time, we are not able to provide visa sponsorship for this role. All candidates must already have legal authorization to work in the United States at the time they apply and remain authorized throughout their employment, without requiring current or future sponsorship.

    LIMITATIONS AND DISCLAIMER
    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.

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

    2As 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.

Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.