Description
COMPANY OVERVIEW
Cercano Management LLC (“Cercano”) is a SEC-registered investment manager focused on ultra-high net worth clients and the entities associated with those clients, such as a family foundation. Cercano is based in Bellevue, WA, with offices in Minneapolis, MN, and Singapore. Cercano invests globally for its clients, commonly operating as the family office Chief Investment Officer. The team has extensive experience in direct investing in all stages of venture capital, private equity, private credit, and public equities on a global basis and across multi-billion-dollar portfolios.
Cercano offers services for all aspects of a client’s assets or family office. The team also has experience working with clients who have significant investments in non-financial assets on a global scale, such as fine art, professional sports teams, entertainment properties, intellectual property, commercial real estate, farmland, and personal residential estates.
POSITION MISSION
The Investment Analyst will support the team in due diligence, execution, monitoring, and liquidating primary fund investments as well as co-investments and secondaries. This position will travel for business approximately 25% and be on-site 4-days a week at our corporate office in Bellevue, WA.
Primary Fund Investments: Makes primary commitments to premier alternative asset managers. Creates diversified portfolios of private equity, venture capital, private credit, and private real assets including real estate tailored to individual client needs.
Co-investments & Secondaries: Invests directly into attractive companies or portfolios of companies alongside our partners. Gains additional exposure to high quality assets while enhancing returns, lowering the fee burden, and mitigating blind pool risk and the J-curve of our primary funds program.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Investment Management (70%)
Play a key role in analyzing and assessing a broad spectrum of companies and investment managers across various industries to identify compelling investment opportunities.
Build and maintain in-depth financial models to assess valuations of private companies and fund portfolios
Prepare high-quality due diligence materials and investment committee memos to support decision-making.
Conduct detailed due diligence and analysis on general partners and portfolio company opportunities, including industry, company, and manager research.
Interact regularly with partners and other investment professionals of alternative asset managers.
Monitor and assist in managing our investment portfolio through attendance at annual meetings of general partners and investor meetings for individual portfolio companies.
Collaborate with colleagues across the firm to gather information necessary to make investment decisions within the various strategies.
Portfolio & Risk Management (30%)
Lead projects and assignments including performance attribution, creating presentation materials, and drafting client memos and letters
Analyze and manage individual client portfolio risk focused on leverage, liquidity, concentration, and drawdown risk.
Support the sale of funds and/or co-investment interests on the secondary market including document collection, return modeling, and portfolio impact analysis
Monitor capital calls and distributions and contribute to liquidity risk management within the portfolio.
QUALIFICATIONS
Two to four years of relevant experience in Investment Banking, Corporate Finance, or Investment Management.
Exceptional academic credentials: a degree in finance, business, or a related field is preferred.
Strong analytical and quantitative skills with substantial expertise in financial modeling and valuation.
Results-oriented and proactive, with a creative approach to problem-solving.
Excellent communication skills, both written and verbal, with the ability to present complex ideas effectively.
Ability to successfully manage multiple priorities with strong attention to detail.
BASE SALARY: $100,000 - $150,000 on annual basis
SALARY DETAILS:
Pay will be based on multiple factors, including, and not limited to location, relevant experience/level and skillset while balancing internal equity. Our discretionary bonus program is in addition to the base compensation range listed above. Cercano is committed to fair, unbiased compensation along with competitive benefits in all locations in which we operate.
TOTAL REWARDS:
Cercano offers a comprehensive benefits package including medical, dental and vision insurance, Health Savings Account with generous annual employer contribution, Flexible Spending Accounts for health and dependent care, vacation and sick time off, paid holidays, paid parental leave, and the opportunity to participate in a 401(k) plan with a generous employer match of 50% of your own contributions up to the standard annual IRS limit, company paid life insurance, and a Health and Wellness Benefit. Employees are also eligible for reimbursement for approved professional development activities.
Cercano is an equal opportunity employer. Every qualified applicant will be considered for employment. We do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, marital status, sex, disability, political ideology, or veteran status, or other protected class.
