Private Equity Solutions – Secondaries Associate

Role Overview

Morgan Stanley Investment Management (MSIM) is seeking an Associate for its Private Equity Solutions team, a global private markets platform with over 70 investment professionals across New York, suburban Philadelphia, London, and Hong Kong. The team runs a global program spanning primary fund investing, co-investments, and secondaries — having deployed over $30bn across 1,300+ opportunities as of December 2025 — and this role is focused specifically on LP-led secondaries transactions.

Key Responsibilities

- Contribute to investment sourcing, diligence, and portfolio monitoring — reviewing inbound investment materials, meeting with PE fund managers, and assessing fund/company performance

- Build financial analyses supporting the secondaries process: secondary fund pricing, comparable company valuation, LBO models, return projections with sensitivity analysis, and track-record analysis

- Contribute to secondary-specific marketing materials and initiatives

- Support cross-functional strategic initiatives spanning technology, data/systems, marketing, business development, and business planning

Qualifications

- Undergraduate degree from a leading university

- 2-3 years of experience in private equity or investment banking; secondaries experience is a plus

- Strong quantitative modeling skills and solid grasp of financial/valuation concepts

- Highly motivated self-starter with strong communication and project-management skills

Location

New York, NY (on-site)