Private Equity Analyst

About the New Mexico State Investment Council

The New Mexico State Investment Council (NMSIC), headquartered in Santa Fe, NM, is recognized as the second-largest sovereign wealth fund in the nation by assets under management. Despite its size, the Council operates with a close-knit team of roughly 30 professionals. The organization’s mission focuses on achieving the highest risk-adjusted returns to support the state and its beneficiaries. NMSIC currently finances over 25% of K–12 education and more than half of New Mexico’s early childhood programs. Projections indicate that by 2039, NMSIC will be the state's primary revenue source. The Council is also dedicated to strategic investments within New Mexico that deliver both strong financial returns and positive economic impact for local communities.

Position Overview

The Private Equity Analyst will join the NMSIC investment team to aid in sourcing, analyzing, and managing private equity investments. This opportunity suits candidates early in their careers interested in private equity, institutional investing, or corporate finance, often on a pre-MBA track. Reporting directly to senior investment staff, the analyst will engage in investment diligence, market research, portfolio performance monitoring, and support materials preparation for investment committees. Success in this role relies on strong analytical skills, professionalism, proactive communication, and effective collaboration with internal colleagues and external partners.

Core Responsibilities

• Possess a strong grasp of financial modeling techniques such as leveraged buyout (LBO), discounted cash flow (DCF), and scenario analyses.
• Evaluate and interpret financial models prepared by external fund managers and advisors.
• Conduct thorough industry and company research to inform investment decisions.
• Assist with due diligence processes including data gathering, document review, and coordination with external consultants.
• Develop investment memoranda, presentations, and detailed reports for stakeholders.
• Track portfolio company performance and support initiatives aimed at value enhancement.
• Maintain oversight of the investment pipeline and assist in deal execution activities.
• Collaborate across legal, finance, and operations teams during the investment lifecycle.
• Conduct market and competitive analyses to identify potential investment prospects.
• Support deal sourcing by assessing initial investment opportunities and screening targets.
• Prepare documentation for investment committee meetings and investor communications.
• Coordinate communications and documentation flow between portfolio companies and the internal teams.
• Participate in post-investment portfolio reviews and assist in exit strategy analyses.
• Contribute to special projects and perform additional duties as assigned.

Qualifications and Preferences

• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related discipline.
• A strong interest in building a career within private equity or institutional investment fields.
• Proficiency in Microsoft Excel and other Microsoft Office suite applications.
• Excellent oral and written communication capabilities.
• Ability to work autonomously while effectively collaborating across teams.
• Discretion with handling confidential information.
• High attention to detail and organizational skill.
• Preference given to candidates interested in pursuing CFA or CAIA designations.
• Prior experience or internships in private equity, investment banking, consulting, or financial services is valued.
• Familiarity with alternative investments and traditional asset classes is advantageous.
• Experience with research or portfolio management software systems is a plus.
• Adaptability to a dynamic, fast-paced environment coupled with commitment to professional ethics.
• Alignment with NMSIC's mission of impactful, community-oriented investment.

Benefits and Work Environment

• Competitive salary ranging from $90,000 to $125,000, commensurate with experience.
• Comprehensive package including paid holidays, generous paid time off, and healthcare insurance options.
• Access to an Employee Assistance Program (EAP) and participation in the New Mexico Public Employees Retirement Association (PERA) plan.
• Robust opportunities for career growth, professional development, and skill enhancement.
• The chance to play a pivotal role in shaping New Mexico’s financial future and community wellbeing.

Equal Employment Opportunity

NMSIC is dedicated to fostering a diverse and inclusive workplace. All qualified applicants are encouraged to apply regardless of race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or other legally protected characteristics.