Real Assets Investments

Job Summary

Bessemer is seeking a thoughtful, inquisitive investment professional with private markets investment experience to join its Real Assets team. This team is primarily responsible for allocating the capital of our real assets-dedicated partnerships on behalf of clients. The successful candidate will exhibit a clear interest in the team’s areas of research, which focus broadly on the infrastructure, natural resources, and real estate asset classes, as well as decarbonization-themed investments in venture capital and private equity. This individual will be responsible for sourcing external managers across private markets and leading investment due diligence on funds, co-investments, and direct investments. The professional will present findings and recommendations to an investment committee consisting of senior Bessemer professionals and will contribute towards preparing and delivering presentations periodically to Board members, clients, and colleagues. The individual will report to the Director of Real Assets.

Primary Responsibilities

• Assist the Director of Real Assets in overseeing Bessemer's real assets program
• Source and screen compelling investment opportunities offered by institutional-quality managers that actively invest in private markets, with a focus in real assets
• Complete investment due diligence on funds, co-investments, and direct investments, including preparation of investment committee materials and presentation of findings and recommendations
• Conduct careful and thoughtful investment research and fundamental analysis that considers the future of global economies and capital markets
• Interpret and build quantitative models to support decision making and presentations related to transactions, portfolios, and reporting
• Lead coordination with operational due diligence, legal, finance, and tax teams to support investment due diligence
• Oversee day-to-day activities of a subset of funded managers within Bessemer's real assets program
• Contribute to investor-related reporting, capital raising, and client and advisor communications, including presentations, performance updates, and marketing materials
• Network and develop lasting relationships with external managers, intermediaries, limited partners, and other leaders in the field of private markets
• Interact occasionally with clients and frequently with colleagues across Bessemer
• Travel for and participate in manager's annual general meetings, onsite due diligence meetings, and industry conferences and events
  
  

Qualifications

• Bachelor's degree required
• Master's degree preferred, industry-related certifications (CFA, CAIA) a plus
• 7 to 12 years of relevant investment or related experience, including 5 or more years of experience researching managers in private markets
• Demonstrated investment experience preferred in the infrastructure, natural resources (including energy), and/or real estate asset classes
• Knowledge of the real assets manager universe preferred
• Co-investment or direct investment underwriting experience preferred with demonstrated quantitative skills, valuation analysis, and transaction modeling experience
• Effective communicator with excellent written and oral communication skills
• Collaborative team member who works with colleagues to achieve organizational goals; supports final group decisions, even when such decisions may not reflect own position; and shares credit for team accomplishments
• Demonstrates professionalism, integrity, accountability, and ability to multitask and observe deadlines
• Research and tech savvy; strong proficiency in Microsoft suite; familiarity with financial and record management tools such as Albourne, Burgiss, Cobalt, Dynamo, FactSet, PitchBook a plus
• Travel approximately 15% of the year
  
  

The base salary range for this position is $150K - $190K. Actual salaries will vary and will be based on various factors, such as skills, experience, and qualification for the role. It is not typical for offers to be made at or near the top of the range.

In addition, this position may be eligible for a discretionary incentive-based bonus based on individual and company performance.

Eligible employees may participate in a 401 (K) program with a company profit sharing contribution, medical, dental, vision, life insurance and disability covering and paid holidays, vacation, and sick days.

About Bessemer Trust

Bessemer Trust is a leading multifamily office, overseeing more than $200 billion in assets for 3,000 individuals and families of substantial wealth. Its 1,200 employees are singularly focused on private wealth management — disciplined investment management, sophisticated wealth planning, comprehensive family office services, and highly personalized client service.

Established in 1907 as the family office for Annie and Henry Phipps, Bessemer Trust is in its seventh generation of ownership by the Phipps family. As a self-made entrepreneur, Henry Phipps was a founding partner and chief financial officer of Carnegie Steel.

Bessemer Trust retains its original focus as a privately owned and independent wealth manager deeply committed to its mission of providing peace of mind to its clients. Bessemer's adherence to putting clients' interests first, fiduciary mindset, and highly collaborative culture are at the heart of everything the firm does.

Key Facts

• For 117 years, Bessemer Trust has operated continuously in a single line of business, independently owned by one family.
• Headquartered in New York’s Rockefeller Center, Bessemer Trust has 22 offices in total. Woodbridge, NJ, is one of the firm’s largest offices, which hosts a wide range of technology and operations professionals. In addition to its sizable presence in New York and Woodbridge, the firm provides client service through offices in Atlanta, Boston, Chicago, Dallas, Delaware, Denver, Garden City, Grand Cayman, Greenwich, Houston, Los Angeles, Miami, Naples, Nevada, Palm Beach, San Diego, San Francisco, Seattle, Stuart, and Washington, D.C.
• To watch a video about Bessemer Trust’s history, click here .
• To learn more about Bessemer Trust, click here .
  
  

About Our Employee Rewards And Benefits

We provide exceptional rewards and benefits that are among the best in the industry, giving our people access to a wide range of options, including:

• Competitive base salary plus discretionary annual bonus for select positions
• A 401(k) plan with a generous annual profit-sharing contribution
• Personalized development and career opportunities, including tuition reimbursement support
• Comprehensive medical, dental, and vision plans with zero contributions for employee coverage
• Employee assistance (EAP) and wellness programs
• Hybrid work environment: 60% in office, 40% remote for most positions
• Paid time off and paid parental leave
• Employer-paid life insurance and short- and long-term disability coverage
• Legal services and financial wellness plans at no cost to employees
  
  

Bessemer Trust is committed to creating a diverse and inclusive environment and is proud to be an equal opportunity employer. We encourage candidates of diverse backgrounds to apply.