Associate, Private Equity Secondaries, Portfolio Management

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.Job DescriptionAres Management is seeking an Associate to join its Portfolio Management Team (“PMT”) supporting the Firm’s Private Equity Secondaries platform. The PMT is a specialized, strategically focused team responsible for portfolio‑level risk oversight, performance analysis, and the development of portfolio construction and fund management frameworks across Ares’ global secondaries business.The team partners closely with investment professionals, senior leadership, Investor Relations, and Product Management, and engages regularly with limited partners and other external stakeholders. The role offers meaningful responsibility, broad exposure across the investment lifecycle, and direct interaction with senior decision‑makers. The Associate will report to the Head of Portfolio Management and be based in New York or Connecticut.ResponsibilitiesPortfolio Management & Risk OversightOversee ongoing portfolio monitoring for secondaries investments across applicable asset classes (Private Equity, Credit, Infrastructure, and/or Real Estate), including performance tracking, cash flow analysis, valuation review, and risk assessment throughout the investment lifecycleAnalyze portfolio exposures, concentration risks, pacing, and return attribution, synthesizing insights and escalating key themes or emerging risks to senior leadershipDevelop and maintain transaction‑level and portfolio‑level financial models to evaluate prospective investments and assess portfolio construction implicationsPartner with investment teams to articulate the Portfolio Management perspective during investment committee discussions and transaction reviewsReforecast existing investments on a semi‑annual basis, evaluating changes in underlying performance, tracking error, and implications for forward‑looking strategyStrategy & Portfolio ConstructionAssist in the design and maintenance of strategy‑level portfolio models that inform investment policy decisions, including asset allocation, risk parameters, deployment pacing and sizing, financing tools, and liquidity or cash recycling considerationsSupport quarterly portfolio and strategy discussions with key stakeholders, including investment committee members and senior investment leadership, to align teams on portfolio positioning and strategic prioritiesApply portfolio insights to support product development and capital formation initiatives, including separately mana