What does a Private Equity Associate do?
Equity research analysts have a comprehensive background in financial markets and work under financial managers, providing them with recommendations about investment decisions. They gather the needed information to develop a complete picture of a business’s other investing options and specifically focus on securities investments including bonds, options, and stocks.
Equity research analysts produce reports outlining relevant considerations and making their recommendations. They meet with management and explain their conclusions and often specialize in a particular industry to continually monitor the conditions. Equity research analysts create reports, conduct research, analyze financial information, and make predictions regarding financial matters, and present findings in meetings utilizing strong communication and analytical skills. Equity research analysts need a bachelor's degree in business, finance, economics, or a similar study area.
- Assist in the preparation of the quarterly due diligence pack.
- Assist internal sales and trading teams in the timely analysis of breaking news in the sector.
- Attend/present at investment committee meetings on PE related recommendations.
- Coordinate, manage, and monitor external audit process.
- Interact with institutional investors, responding to requests for models, reports and data analysis.
- Meet with team weekly to communicate new processes, goals and priorities.
- Ensure the appropriate level of expertise, consistent knowledge, and support is given to sector searches.
- Assist with client inquiries and requests (internal and external).
- Analyze implications of news/industry developments to companies under coverage.
- Build, develop and maintain, relationships with existing financing partners and prospective institutional or private capital sources.
- Communicate, educate, answer questions regarding from customers regarding equity programs.
- Use data and insights to inform conclusions and support decision-making.
- Develop a point of view on key global trends, and how they impact clients.
- Answering inquiries from firm personnel regarding individual securities or industry groups.
- All professionals will lead impactful, client facing operational improvement workstreams, and have routine and regular access to the client.
- Responsible for executing capital raising transactions in both debt and tax equity.
- Bachelor's or Graduate's Degree in business, finance, or business administration.
- Demonstrated problem solving and decision making skills.
- Can prioritize tasks and pay strict attention to detail.
- Prior experience as a consultant.
- Experience with C, KDB, Quant, and PDF software and systems.
- Is comfortable moderating and conducting exercises.
- Can collaborate with clients and team members for decision making.
- Fluency in business case development and GAAP protocols.
- Demonstrated sound judgment and product knowledge.
- A creative thinker with strong negotiation skills.
How much does a Private Equity Associate make?
Private Equity Associate Career Path
Learn how to become a Private Equity Associate, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Average Years of Experience
Private Equity Associate Insights
“Definitely able to learn a lot here and build a solid foundation for a career.”
“However you can't really argue since you get such nice work life balance in return.”
“Quantitative and qualitative skill development”
“good training was every good”
“Good for short term prospects and to start career”
“quality culture and good learning experiences”
“Goal setting and other career development is mostly self”
“Quality work and healthy work life balance”
Private Equity Associate Interviews
Frequently asked questions about the role and responsibilities of equity research analysts
The typical day of an equity research analyst includes producing reports and recommendations on different investment opportunities. The reports can be quick updates or they can be in-depth analyses to show an investment's current performance and its possible financial trajectory.
One of the best parts of an equity research analytics career is its versatility and room for growth. Investment banks, institutions, and independent organizations all require the help of research analysts. After gaining some experience, they can also pursue advanced positions, such as a research team manager or investment portfolio manager.
Yes, the average salary of an equity research analyst is $96,124 per year. However, depending on where they work and their experience level, they can make even more. Some equity research analysts who pursue advanced education or higher positions, such as senior research analysts, can make up to $250,210 per year.
One of the biggest challenges of working as an equity research analyst is the long working hours. Some analysts might need to work late during the week to finish writing in-depth reports, and meet crucial deadlines. It's also incredibly important that an analyst's work is accurate, which can require extensive knowledge of mathematics and finance.