Senior Research Analyst - Private Equity

FEG is an independently owned advisory firm that provides investment consulting, outsourced chief investment officer (OCIO), and research services to predominantly institutional clients, such as university endowments, private and public foundations, religious organizations, healthcare institutions, corporate retirement plans, and select family offices. Founded in 1988, FEG has served communities both directly and by helping clients fulfill their missions for over 37 years. The firm employs 140+ professionals across offices in Cincinnati, Ohio; Dallas, Texas; and Indianapolis, Indiana, with approximately $99.4 billion in client assets under advisement.

Responsibilities

• Lead sourcing, due diligence, recommendation, and ongoing monitoring of private equity investment managers across buyout, growth equity, venture capital, secondaries, and co-investment strategies.
• 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.
• Provide Investment Committee support and client advisory assistance.

Requirements

• Bachelor’s degree required; CFA, CAIA, 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.

Skills

• Ability to identify and resolve or appropriately escalate complex issues with minimal guidance.
• Proficiency in Microsoft Office, Excel, PowerPoint, and SharePoint with strong attention to detail.
• Collaborative mindset with the ability to engage effectively with clients, investment teams, and peers.
• Strong prioritization and decision-making skills across complex teams and competing priorities.
• Enthusiasm for working in and learning about the financial investment industry.

Schedule

• 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.

Benefits

• Competitive compensation and bonus opportunities commensurate with qualifications and performance.
• Employer-paid life, short-term disability, and long-term disability coverage.
• Subsidized medical, dental, and 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.