Adams Street Partners

Adams Street Partners

Vice President or Principal, Quantitative Research Specialist

Chicago, Illinois, United States · Exec

Sponsorship not specified$175k-$250kDetected 8 days ago
PythonSQLMachine LearningStatisticsAccountingForecastingValuationResearchCollaborationProblem SolvingCritical ThinkingPublic SpeakingCFA

About the role

  • Translate complex private markets data into actionable, client-ready insights for internal stakeholders and external clients.
  • Integrate, clean, and analyze large and complex datasets, including alternative investment datasets that may be unstructured or imperfect.
  • Identify value drivers, market behaviors, and trends that can inform investment decision-making.

Responsibilities

  • Design and build statistical models to evaluate alternative datasets, assess portfolio risk, and optimize investment strategies for illiquid assets, including private equity and private debt.
  • Develop advanced analytic models, scenario analyses, and simulation-based frameworks, including Monte Carlo simulations, to support risk-aware portfolio construction and investment processes across subclasses, strategies, and products.
  • Generate original, proprietary research and develop clear, concise white papers, presentations, and other materials for internal stakeholders and external clients.
  • Partner with software developers, Data Management, IT, and model validation teams to deploy quantitative code and analytics.
  • Maintain and enhance existing analytic applications and support the use of analytic models for marketing, client service, and investment-related use cases.
  • Work closely with technical and non-technical stakeholders to develop solutions for ISRM and other internal consumers.
  • Collaborate with existing technical resources to optimize where data is stored, how it is accessed, and how end users can effectively leverage data and analytics.
  • Manage multiple workflows and projects, including tracking dependencies, deliverable dates, milestones, and stakeholder inputs.
  • Adams Street Partners' methodology to calculate Assets Under Management (AUM) is based on fund net asset value (NAV), plus unfunded commitments, plus leverage, but excluding the effect of subscription lines of credit.

Requirements

  • Advanced degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a similar quantitative field.
  • 5-10 years of relevant experience in a quantitative role within asset management.
  • Minimum of 2 years of experience involving private markets investment processes and portfolios, such as private equity or private debt.
  • Strong quantitative, analytical, critical thinking, and problem-solving skills, with the ability to apply robust statistical techniques to large, complex, and imperfect datasets.
  • Strong programming capabilities, including proficiency in Python, R, SQL, and/or C++.
  • Experience with common database and software platforms required.
  • Ability to translate technical methodologies into clear, commercial, and client-oriented insights.

Nice to have

  • CFA® charterholder preferred but not required.
  • Background in quantitative finance, financial engineering, or quantitative modeling strongly preferred.
  • Familiarity with private investment vehicles and the considerations involved in managing private capital strongly preferred.

Compensation

  • $175,000 - $250,000 USD

Benefits

  • package designed to support health, financial security, and work-life balance.
  • Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption.
  • Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.

This listing is sourced directly from Adams Street Partners's careers page and normalized into a canonical job model.