Private Equity Investment Associate

2 weeks ago


Newark, New Jersey, United States Prudential Ins Co of America Full time

Position Overview:
Investment Management - Asset Allocation
At Prudential Ins Co of America, we recognize that exceptional talent is crucial to realizing our goals. Joining our team means embarking on a rewarding and impactful career while enhancing your skills and advancing your profession at one of the premier financial services firms globally.

Are you an investment expert eager to kickstart your career in a dynamic, collaborative environment?

The Chief Investment Office (CIO) at Prudential oversees asset and liability management and portfolio construction for all domestic and international operations, managing substantial assets.

Prudential Select Strategies LLC, a division of the CIO, specializes in alternative investments.

This unit is a registered investment adviser that sources, evaluates, and manages a diverse portfolio of fund investments aimed at optimizing risk-adjusted returns on capital.

The team is structured into various asset classes, including:
Private Equity, Hedge Funds, Real Assets, Manager of Managers, Operational Due Diligence, and Risk Management. The Alternative Assets Team within Prudential Select Strategies oversees a significant portfolio.

We are looking for an investment professional to join our Private Equity division. Prudential's private equity portfolio encompasses investments across buyout, growth, venture, mezzanine, and distressed funds, along with selective co-investments.

This position operates in a Hybrid work arrangement, requiring periodic on-site presence as determined by business needs. Your manager will provide specific details regarding the expected on-site days.


Key Responsibilities:
- Assist senior investment professionals in the evaluation and due diligence of primary fund investments and co-investments.
- Collaborate closely with senior investment professionals to conduct ongoing monitoring, analysis, and reporting of individual investments and the overall portfolio.
- Perform ad-hoc quantitative and qualitative analyses, industry benchmarking, and peer group identification.
- Work in conjunction with other teams within the organization as part of the investment due diligence and execution process.
- Conduct comprehensive market, industry, and strategy research, staying informed about current and emerging sector trends, while supporting related analytical projects.
This role is part of the CIO Analyst Program, a three-year entry-level opportunity within the Chief Investment Office, providing exposure to various facets of a multifaceted organization and creating pathways for success through meaningful business impact.

Qualifications:
- 0-2 years of relevant financial services experience.
- Bachelor’s degree in a business-related field; preferred majors include finance, economics, or a similar quantitative discipline.
- Minimum GPA of 3.0.

Preferred Skills:
- Team-oriented with strong written, verbal communication, and interpersonal skills.
- Excellent analytical, organizational, and problem-solving abilities.
- Advanced proficiency in Excel.
- Capability to manage multiple projects concurrently.
Prudential welcomes all applicants, even if you do not meet every requirement. If your skills align with the role, we encourage you to apply.

What We Offer:
- Competitive base salaries with annual bonus potential at all levels.
- Comprehensive benefits including medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and various leave options.

Retirement Benefits:
- 401(k) plan with company match (up to 4%).
- Company-funded pension plan.
- Wellness Programs to support your wellbeing goals, including reimbursement for personal wellbeing expenses.

Work/Life Resources to assist with topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

Tuition Assistance to support traditional college enrollment for obtaining an approved degree, accredited certificate programs, and industry designations.


Employee Stock Purchase Plan:

Shares can be purchased at a discount after one year of service.

To learn more about our Total Reward package, please refer to our Total Rewards Brochure.

Some benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Ins Co of America is a leading financial services organization with a global presence.
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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