Covariance Capital Management, an outsourced CIO firm with investment offices in Houston and Chicago, is seeking a Senior Investment Associate to join its investment team. As a Senior Associate, you will support the due diligence efforts in sourcing, approving and monitoring the firm’s investments in third-party private market and public market managers. Successful candidates will have a demonstrated passion for investing.
Please note that you must submit an online application via our careers website to be considered for the role. The following link will take you directly to our job posting where you can submit your application and resume for consideration: http://adtrk.tw/7Vuf5
Support the front office manager due diligence effort. Prepare for and attend meetings with third-party investment managers. Document all pertinent information derived from the meetings
Assist in the sourcing of new managers
Provide research, analysis and recommendations to the investment committee on prospective investments, including the authoring of investment approval memos
Monitor existing investments through tracking and analyzing existing managers’ performance, holdings, exposures and risk metrics
Generate portfolio and manager level reports
Provide timely market data to the investment team
Complete special projects as assigned by the CIO and other senior investment personnel
Bachelor’s degree; completion of or significant progress toward the CFA or CAIA designation a plus
Minimum of five years of investment experience sourcing and allocating capital to managers specializing in alternative investment strategies such as buyout, venture capital, private real assets, private credit or hedge funds. Strong sourcing abilities in private markets a plus
Prior investment experience working for an endowment, foundation, family office, fund of funds or outsourced CIO preferred
Strong Excel skills required; experience leveraging VBA a plus
Fundamental understanding of, and demonstrated interest in, investments and capital markets
Demonstrated strong written and verbal communication skills
Willingness and desire to live and work in either Houston or Chicago
Capacity to travel extensively – both domestically and internationally
Exceptional personal qualities including:
Unquestioned integrity and the highest ethical standards
A team orientation and collegial style
A commitment to a client-first culture and excellence
Outstanding communication skills and a diplomatic interpersonal manner
Covariance Capital Management is a boutique investment management firm that provides customized endowment management services to investors with long-term investment horizons, including educational and healthcare institutions, foundations and other not-for-profits. As a full-service investment office, we partner with institutions to provide comprehensive discretionary outsourced CIO services as wel...l as multi-manager portfolios dedicated to alternative investment strategies.
Covariance has a growing team of professionals possessing extensive experience from both the nonprofit sector and the for-profit asset management industry, and is distinguished by its skill in the management of alternative assets.
Covariance is a registered investment adviser and is an independent operating subsidiary of Teachers Insurance and Annuity Association of America (TIAA).
For more information about Covariance, visit our website.