Atlanta, Georgia, USA
4 days ago
Senior Investment Research Specialist - Private Debt

We are seeking a talented individual to join our Private Debt research team at Mercer. This role will be based in Atlanta or New York. This is a hybrid role that has a requirement of working at least three days a week in the office.

Mercer’s Private Debt team is responsible for (i) researching Private Debt investment strategies and investment opportunities, (ii) planning, constructing and managing Private Debt portfolios, and (iii) generating the intellectual capital on Private Debt that supports Mercer’s global Investments platform. The team serves a diverse client base, including both Mercer’s delegated solutions clients and advisory clients - across defined benefit, defined contribution, insurance, endowment & foundations, and wealth management clients.

We will count on you to:

Investment Due Diligence: Lead comprehensive due diligence processes for evaluating and underwriting prospective primary funds, co-investments and secondaries. Responsibilities will include leading onsite manager meetings, planning due diligence and conducting reference calls. You will lead a small project team to produce research reports (both quantitative and qualitative) that summarize your views on a strategy with the intention of determining an appropriate rating for a given fund or a recommendation on a co-investmentPrivate Debt specialist: Act as a specialist in client meetings and prospective pitches by representing the broader business on all matters relating to private debt, including presenting analysis and communicating the opinions of the team in relation to investment opportunities and market viewsSenior stakeholder management: Prepare reports and presentations with relevant commentary and analytics to facilitate transparency and communication with the Investment Committee, Clients and other external parties as requiredPortfolio Monitoring: Monitoring of private debt fundsDevelop the value proposition: Contribute to discussions on the value proposition of our Private Debt business and develop and maintain materials to effectively position the asset class.Intellectual Capital development: Author industry research pieces and whitepapers to position Mercer as a thought-leader in the Private Debt industry

What you need to have:

7-10 years of experience in Alternative investments, preferably Private Debt and/or Fixed Income, portfolio construction/management, secondaries, co-investments or other relevant experienceExperience at an alternative fund-of-funds manager, or other limited partner (endowment, foundation, pension plan, RIA, insurance company, SWF) or other asset owner, or asset manager, where you have been responsible for capital deployment specifically in private debtAnalytical mind-set with the ability to interpret data and draw meaningful insightsExcellent communication skills, both written and verbalAbility to work effectively both independently and as part of a teamAbility to train and manage a junior team.Proficiency in Excel and PowerPoint

What makes you stand out:

We will also consider individuals with adjacent experience to private debt including private equity, investment banking, or other relevant experience. CFA and/or ability to demonstrate strong interest in financial markets, investing, portfolio construction theory and macroeconomics

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders

We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities

Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being


Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $23 billion and more than 85,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $126,000 to $252,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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