First Trust Capital Management L.P.
Research Analyst
First Trust Capital Management L.P., Chicago, Illinois, United States, 60290
The
Research Analyst
role at First Trust Alternative Investment Research (“FT AIR”) is focused on supporting all aspects of the investment due diligence efforts with respect to the firm’s alternative investment mandates. FT AIR focuses on executing fund and direct investments across the entire alternative investment market including hedge fund, private equity, venture capital, real estate, and private credit investments. The Research Analyst engages in detailed qualitative and quantitative analysis of a range of alternative investments and is responsible for conveying their findings effectively to the firm’s broader investment team. This role requires analytical and technical skills as well as verbal and written communication skills. The Research Analyst role sits within the twenty-person investment research team of FT AIR and has a summer 2026 start date. Perform qualitative and quantitative assessments of alternative investment managers and strategies Participate in calls and meetings with existing and prospective alternative asset managers Compile and distribute formal written notes related to existing and potential investment meetings Function as a point of contact for the investment team with prospective and existing portfolio investments Perform ad hoc statistical analyses of fund risk exposures Support the creation of broader investment committee recommendations Lead the effort to maintain updated firm and fund materials with respect to existing investments Provide analytical support to evaluate existing client portfolio investment performance Responsible for maintaining and improving current investment due diligence work-flow processes Provide operational and investment support for internally managed portfolios Assist in various ad hoc research projects related to new product development Participate in the creation of market/industry commentary for firm marketing efforts Support the sourcing of new liquid and alternative investment strategies Qualifications 0-2 years of relevant work experience in investment banking, asset management, or related field Excellent undergraduate academic record Interest in or progress toward the CFA designation a plus Interest in understanding hedge fund, private equity, private credit, and real estate strategies Effective communicator, both written and verbal Strong grasp of statistics used in financial analysis A demonstrated high level of analytical/quantitative skill Passion for the alternative asset management industry Ability to manage simultaneous projects, often with time constraints Self-motivated and highly curious A willingness to travel both domestically and internationally up to 25% of the time Technical/Systems Skills Proficient in: Microsoft Excel, Power Point, and Word Experience with: Bloomberg, Morningstar, Preqin, eVestment/Pertrac, LightKeeper, Enfusion a plus First Trust Capital Management
(“FTCM”) is a privately-owned alternative investment research and asset management firm that advises investment advisors, family offices, and high net worth individuals. FTCM was created on the belief that an independent firm was the best way to ensure our clients were served with their greatest interests in mind – both in terms of customized alternative investment solutions and a streamlined operational experience when investing in private and liquid alternatives. FTCM houses a specialized business unit called
FT Alternative Investment Research . This dedicated investment research team operates as a supportive unit to our advisor clients as well as a resource for a select group of institutional clients and family offices. The sole purpose of this dedicated team is to find investment solutions to enhance client portfolios. In 2024, FT AIR: Performed initial review of 500 investment strategies and opportunities Made 12 new primary fund commitments and closed on over 60 direct transactions Participated in over 25 capital introduction events and attended 15 top-tier industry conferences Investment due diligence covers all asset classes and strategies, wherein the Research Team maintains a proprietary database of portfolio managers and all related correspondence. Importantly, the Research Team does not perform database screens to identify prospective portfolio managers. The vast majority of currently sourced funds and strategies have come through our extensive network and reach within the investment community as opposed to any screening process. We perform ongoing due diligence on our approved managers to ensure that are adhering to their style, process and investment mandate. Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Research, Analyst, and Information Technology Industries Investment Management and Financial Services Referrals increase your chances of interviewing at First Trust Capital Management L.P. by 2x Get notified about new Research Analyst jobs in
Chicago, IL . Greater Chicago Area $108,000.00-$132,000.00 2 weeks ago Chicago, IL $106,800.00-$128,160.00 1 week ago Research Analyst, Market Strategy & Understanding
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Chicago, IL $68,640.00-$99,320.00 3 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Research Analyst
role at First Trust Alternative Investment Research (“FT AIR”) is focused on supporting all aspects of the investment due diligence efforts with respect to the firm’s alternative investment mandates. FT AIR focuses on executing fund and direct investments across the entire alternative investment market including hedge fund, private equity, venture capital, real estate, and private credit investments. The Research Analyst engages in detailed qualitative and quantitative analysis of a range of alternative investments and is responsible for conveying their findings effectively to the firm’s broader investment team. This role requires analytical and technical skills as well as verbal and written communication skills. The Research Analyst role sits within the twenty-person investment research team of FT AIR and has a summer 2026 start date. Perform qualitative and quantitative assessments of alternative investment managers and strategies Participate in calls and meetings with existing and prospective alternative asset managers Compile and distribute formal written notes related to existing and potential investment meetings Function as a point of contact for the investment team with prospective and existing portfolio investments Perform ad hoc statistical analyses of fund risk exposures Support the creation of broader investment committee recommendations Lead the effort to maintain updated firm and fund materials with respect to existing investments Provide analytical support to evaluate existing client portfolio investment performance Responsible for maintaining and improving current investment due diligence work-flow processes Provide operational and investment support for internally managed portfolios Assist in various ad hoc research projects related to new product development Participate in the creation of market/industry commentary for firm marketing efforts Support the sourcing of new liquid and alternative investment strategies Qualifications 0-2 years of relevant work experience in investment banking, asset management, or related field Excellent undergraduate academic record Interest in or progress toward the CFA designation a plus Interest in understanding hedge fund, private equity, private credit, and real estate strategies Effective communicator, both written and verbal Strong grasp of statistics used in financial analysis A demonstrated high level of analytical/quantitative skill Passion for the alternative asset management industry Ability to manage simultaneous projects, often with time constraints Self-motivated and highly curious A willingness to travel both domestically and internationally up to 25% of the time Technical/Systems Skills Proficient in: Microsoft Excel, Power Point, and Word Experience with: Bloomberg, Morningstar, Preqin, eVestment/Pertrac, LightKeeper, Enfusion a plus First Trust Capital Management
(“FTCM”) is a privately-owned alternative investment research and asset management firm that advises investment advisors, family offices, and high net worth individuals. FTCM was created on the belief that an independent firm was the best way to ensure our clients were served with their greatest interests in mind – both in terms of customized alternative investment solutions and a streamlined operational experience when investing in private and liquid alternatives. FTCM houses a specialized business unit called
FT Alternative Investment Research . This dedicated investment research team operates as a supportive unit to our advisor clients as well as a resource for a select group of institutional clients and family offices. The sole purpose of this dedicated team is to find investment solutions to enhance client portfolios. In 2024, FT AIR: Performed initial review of 500 investment strategies and opportunities Made 12 new primary fund commitments and closed on over 60 direct transactions Participated in over 25 capital introduction events and attended 15 top-tier industry conferences Investment due diligence covers all asset classes and strategies, wherein the Research Team maintains a proprietary database of portfolio managers and all related correspondence. Importantly, the Research Team does not perform database screens to identify prospective portfolio managers. The vast majority of currently sourced funds and strategies have come through our extensive network and reach within the investment community as opposed to any screening process. We perform ongoing due diligence on our approved managers to ensure that are adhering to their style, process and investment mandate. Seniority level
Seniority level Entry level Employment type
Employment type Full-time Job function
Job function Research, Analyst, and Information Technology Industries Investment Management and Financial Services Referrals increase your chances of interviewing at First Trust Capital Management L.P. by 2x Get notified about new Research Analyst jobs in
Chicago, IL . Greater Chicago Area $108,000.00-$132,000.00 2 weeks ago Chicago, IL $106,800.00-$128,160.00 1 week ago Research Analyst, Market Strategy & Understanding
Chicago, IL $59,000.00-$65,000.00 3 weeks ago Research Analyst, Market Strategy & Understanding
Chicago, IL $59,000.00-$65,000.00 3 days ago Chicago, IL $100,000.00-$120,000.00 2 weeks ago Chicago, IL $80,000.00-$90,000.00 2 weeks ago Market Research Analyst, Online Communities
Chicago, IL $55,000.00-$65,000.00 1 week ago Elmhurst, IL $144,000.00-$166,500.00 3 days ago Downers Grove, IL $65,000.00-$75,000.00 1 week ago Chicago, IL $104,400.00-$208,800.00 5 days ago Quantitative Market Research Analyst, Healthcare
Chicago, IL $59,000.00-$65,000.00 3 weeks ago Market Research Analyst, Online Communities
Chicago, IL $55,000.00-$65,000.00 2 months ago Chicago, IL $108,000.00-$132,000.00 1 month ago Greater Chicago Area $82,712.00-$125,252.00 1 week ago Sanctions Operations Analyst, Compliance
Chicago, IL $88,000.00-$126,000.00 5 days ago Market Research Analyst, Online Communities
Chicago, IL $55,000.00-$65,000.00 6 days ago Chicago, IL $95,000.00-$130,000.00 1 week ago Graduate Quantitative Researcher (BS/MS)
Market Research Analyst, Online Communities
Chicago, IL $55,000.00-$65,000.00 1 month ago Senior Analyst- Corporate Growth and Acquisitions
Chicago, IL $100,000.00-$130,000.00 2 weeks ago Chicago, IL $60,000.00-$75,000.00 4 days ago Corporate Development Analyst, Entry Level
Chicago, IL $100,000.00-$110,000.00 1 month ago Chicago, IL $150,000.00-$225,000.00 6 days ago Business Analyst Contract - Investment Management - Chicago
Senior Research Analyst, Market Strategy & Understanding
Chicago, IL $65,000.00-$72,000.00 2 weeks ago Deerfield, IL $79,300.00-$127,000.00 1 month ago Chicago, IL $60,000.00-$70,000.00 6 days ago Chicago, IL $115,000.00-$130,000.00 1 week ago Quantitative Researcher, Intern (Summer 2026)
Chicago, IL $68,640.00-$99,320.00 3 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr