With the rapid development of alternative investments such as private equity, venture capital, hedge funds, real estate funds, infrastructure funds, etc. in recent years, the demand for alternative investment professionals has increased significantly. However, alternative investment jobs remain relatively niche compared to traditional finance jobs. Here are some tips on how to find and land a job in alternative investments.
look for alternative investments jobs on niche job boards
Many mainstream job sites may not have a specific category for alternative investment jobs. Try niche sites like Efinancialcareers, Institutionalinvestor, or individual company career pages. You can find listings for positions like investment analysts, associates, portfolio managers, etc. at PE/VC firms, hedge funds, real estate funds, and more.
leverage your network
Alternative investment is still a relatively small community. Networking goes a long way in finding available opportunities. Reach out to professionals in your target firms, alumni from your school working in the industry, attend local alternative investment conferences and events to expand your connections.
highlight relevant experience
Since alternative investment jobs are specialized, relevant experience is key. Play up internships, projects, coursework, modeling skills, investing competitions that show your understanding of alternative assets on your resume. PE/VC funds tend to value principal investing experience and deal sourcing abilities.
get required credentials
Certain certifications like the CAIA or CFA may be required or preferred for investment roles. Earning relevant credentials to demonstrate your commitment can give a boost. Some later stage PE/VC funds may require an MBA. Gaining direct investing experience via internships or analyst programs can help overcome credential gaps.
consider small funds first
Bigger, established alternative asset managers receive thousands of applicants for few openings. Smaller funds with <$500 million AUM generally have greater staffing needs. Taking a junior role there and building a track record can open doors to larger players. As investor demand for alternative investments continues rising, more opportunities are emerging at funds focused on private equity, venture capital, real estate, infrastructure, hedge funds and beyond. By leveraging one’s network, targeting specialized job boards, highlighting relevant credentials and experience, and considering smaller funds, professionals can advance their careers in alternative investment jobs.