Loews Corporation (NYSE: L) is one of the largest diversified companies in the United States, with businesses in the insurance, energy, hospitality, and packaging industries. Our subsidiaries are CNA Financial (NYSE: CNA), Boardwalk Pipelines, Altium Packaging, and Loews Hotels & Co. Loews is focused on long-term value creation for its shareholders and conservative financial management.
Job Description
The Analyst, Alternative Investments will work directly with a Senior Portfolio Manager and two experienced Alternative Investments team members to determine new fund and co-investment opportunities, make investment recommendations, and assist with portfolio monitoring and internal presentations.
Specifically, you will:
- Assist in conducting manager and co-investment research, due diligence, and monitoring the existing portfolio
- Manage and track due diligence processes for new Private Equity fund, Private Credit fund, and equity co-investment commitments
- Prepare investment memos for new fund commitments and co-investments
- Review fund and co-investment legal documents alongside in-house legal counsel
- Analyze key monthly and quarterly performance drivers
- Assume key role in portfolio monitoring workflows and processes, including monthly cash flow and performance reporting
- Conduct analysis on portfolio diversification, cash flow, and long-term forecasting
- Represent Loews externally and, at times, independently at annual/quarterly fund meetings as required and summarize key meeting highlights
- Handle ad hoc projects and prepare internal presentations
- Monitor and interpret key developments in the private markets
Qualifications:
- Bachelor’s degree in economics, business/finance, or accounting with a strong record of academic achievement
- 2 years of investment banking, as a Private Equity/Private Credit placement agent or in a funds’ advisory group with career interest as an LP (Limited Partner/ fund investor) rather than a Private Equity firm career track
- Alternatively, 2+ years in management consulting
- Alternatively, 1-2 years of private markets experience in an investment role at a public or corporate pension, endowment, foundation, fund-of-funds, insurance company, investment/asset management firm, or as an investment consultant
- Deep understanding of accounting/balance sheet analysis, finance, and financial markets
- Strong interest in Alternative Investments, with an emphasis on Private Equity and Private Credit funds
- Public markets or hedge fund experience a plus, including familiarity with Bloomberg
- Experience with private markets tools a plus, including but not limited to: iLevel, Cobalt, Pitchbook
- Strong technical skills and attention to detail, with proficiency in the MS Office Suite
- Familiarity with AI tools, including ChatGPT, Claude, and Power Automate/Copilot
- Willingness to support team success as needed and to work effectively in a team environment
Work Arrangement:
This role is located at 9 West 57th Street. This is a full-time exempt role with a salary of $86,100 - $129,150 plus an annual bonus and complete benefits package. Compensation offered within this range is determined by skills, experience, and organizational pay equity. Loews Corporation offers a high-quality benefits program to support our employees' and their families' health and well-being. In addition to standard offerings like medical, dental, vision, and life insurance, retirement savings, and paid time off, Loews includes comprehensive and inclusive family planning/fertility benefits. More details on these and other benefits are offered through our interview process, and we look forward to sharing them with you.
