Analyst, Quantitative Research Group - Research

Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

Job Description

Ares Management Corporation (NYSE: ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2024, Ares Management Corporation's global platform had approximately $447 billion of assets under management, with approximately ~3,000 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
 

The Ares Quantitative Research Group (QRG) is a pioneer in the application of quantitative analytics to private markets. QRG works across asset classes – credit, private equity, private real estate, and infrastructure – to provide investible insights to Ares’ investment teams, to deepen relationships with Ares’ investors, and to help develop new products for the firm. The group is a leader in private market performance measurement, having played a key role in the development of Direct Alpha and Excess Value. It regularly deals with questions that are novel, taking advantage of Ares’ privileged access to data in private asset classes. QRG consists of two teams, Research and Software, and acts as a firm-wide hub, coordinating closely with quantitative resources that are embedded within Ares’ different investment teams.
 

• We are seeking an Analyst to join our Research team in New York City. Responsibilities include:
• Work with mathematical and statistical models to solve important problems in private market investing, including identifying return drivers and attributes of private market portfolios
• Participate in original research to answer novel questions and produce investible information across private market asset classes
• Help to evaluate clients’ private market portfolios, identifying opportunities for active management in order to achieve portfolio objectives
• Assist in the preparation of presentations for internal investment groups, external investors, and conferences
• Contribute to the design, development, and evaluation of proprietary software tools used in the assessment of private market investment opportunities

Experience Required:  

• Candidates for the Summer Analyst role must be pursuing a Bachelor's Degree from an accredited university, preferably in a related field (finance, economics, math, statistics, data analysis) with an anticipated graduation date between December 2024 and August 2025

General Requirements:

• A general understanding of Finance and a strong interest in financial markets
• Interest in private markets
• Proficiency of some selection of statistical tools such as Python, R, Stata or Matlab
• Strong financial analysis, writing, communication, and presentation skills
• Good working knowledge of Microsoft Excel
• The ability to work both independently and as a productive member of dynamic teams
   

Location: New York, NY
Compensation: The total base salary (subject to change) is expected to be $120,000
Accommodations: Relocation stipend

Reporting Relationships

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.