Description

Purpose of the role

Analyse, monitor, and conduct due diligence on hedge fund managers across strategies (equity long/short, global macro, event-driven, relative value, CTA/managed futures) in Layer 3 of the global portfolio. Work directly with the AI Lab’s tools to amplify analytical capacity and contribute to the institutional knowledge base.

Key responsibilities

• Monitor and analyse 10–15 hedge fund managers: performance attribution, strategy drift monitoring, liquidity term analysis, and risk/return profile assessment.
• Conduct qualitative and quantitative due diligence on prospective hedge fund managers: investment process analysis, operational due diligence, team stability, fee negotiation.
• Track hedge fund portfolio exposures: net/gross exposure, sector tilts, geographic allocation, leverage levels, and drawdown analysis.
• Use AI Lab anomaly detection outputs to identify potential style drift, strategy changes, or risk regime shifts in existing hedge fund managers.
• Negotiate hedge fund terms: management fees, performance fees, hurdle rates, lock-up periods, redemption terms, side letter provisions, and MFN clauses.
• Monitor hedge fund operational risk: administrator NAV verification, counterparty exposure, regulatory filings, key person changes.
• Maintain the hedge fund knowledge base: quarterly letters, DDQs, operational DD reports, and term sheets ingested into the Document Intelligence Engine.

Qualifications and experience

• CAIA or CFA Level II+. 3–5 years of experience in hedge fund analysis, fund of funds, or alternative investment due diligence.
• Strong analytical skills: financial modelling, performance attribution, risk analysis.
• Proficiency in Excel, Bloomberg/Capital IQ, and willingness to adopt AI Lab tools (dashboards, chat interface, screening algorithms).
• Excellent written communication: ability to produce IC-quality memoranda with clear recommendations.
• Bachelor’s or Master’s degree in finance, economics, or quantitative discipline.
• Self-starter comfortable working independently in a distributed team environment.