Analyst, Investment Banking - Private Capital Advisory (LP-Led Secondaries)
Moelis & Company
- Location
- New York
- Work model
- On-Site
- Level
- Mid
- Posted
- Jul 18, 2026
About this role
We are passionate about our business and our culture, and are seeking individuals with that same drive. Your application will not be considered if you have not completed the Suited assessment and shared your score with Moelis. Additional information about the assessment below. This is a requirement for the application process. Moelis has partnered with the screening platform Suited to help us better understand our applicants. Suited uses assessments to holistically and objectively understand what makes you unique. In addition to your academic background and experience, the traits and competencies captured by these assessments are predictive of on-the-job success, while reducing bias in the screening process. Complete the Suited assessment here. To learn more about the assessments, please visit: Resource Guide for Investment Banking Candidates Overview Moelis Private Capital Advisory ("PCA") is a global business that provides strategic advisory and distribution to private fund sponsors and institutional investors, including primary fundraising, tailored capital raise solutions, and secondary market advisory. Combined with the Firm's leading financial sponsor franchise, sector expertise and M&A capabilities, PCA delivers a range of strategic, customized solutions to clients across a wide range of strategies, including buyout, growth, real assets, special situations and sector specific strategies. The Secondary Advisory team at Moelis & Company is a global team focused on advising institutional investors and financial sponsors on a wide range of strategic liquidity solutions across the private capital universe. Within this platform, the LP-led practice advises limited partners — including pension plans, endowments and foundations, sovereign wealth funds, insurance companies, family offices, asset managers, and funds-of-funds — on the sale and restructuring of their private markets portfolios and individual fund interests. The team works closely with industry and product groups across Moelis to provide relevant market insight, portfolio valuation and structuring advice, and best-in-class execution to clients. As a member of the team, successful candidates will be responsible for supporting advisory, structuring, and execution services to institutional investors seeking liquidity across their private capital holdings.
Position
Description: The Analyst position at Moelis offers exposure to all aspects of the LP-led secondary market, including single-fund and multi-fund LP portfolio sales, structured and preferred equity solutions, deferred and staggered-closing structures, NAV-based financings, and other liquidity and portfolio-management solutions for institutional investors. The Analyst will work closely with senior professionals throughout the firm to support high quality advice delivered to LP clients as they actively manage and rebalance their private markets programs.
Responsibilities
Support portfolio-, fund-, and underlying company-level due diligence and valuation analysis across diversified LP portfolios; assist in preparing marketing materials (portfolio overviews, teasers, data books, etc.) and other transaction-related documentation Financial analysis and modeling, including LP portfolio valuations, cash flow and NAV projections, pricing analyses, LBOs, and waterfalls Assist in managing buy-side investor outreach and due diligence (e.g., data room management, GP reference calls, investor Q&A) Contribute to preparing responses to due diligence requests from potential secondary buyers, and coordinate information flow between selling LPs and prospective purchasers Communicate and collaborate regularly with Moelis' industry and financial sponsor coverage team members Maintain databases of secondary market transactions, LP portfolio pricing benchmarks, buy-side investors (profiles, strategies, investment preferences), and broader market data to support marketing materials and client advice