Investment Analyst - Milan

Firm Overview:

Cambridge Associates ("CA") is a leading global investment firm. CA's goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

Cambridge Associates ("CA") is a leading global investment firm. CA's goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com

Job Description:

Cambridge Associates is growing in Europe and recently opened its 14th office in Milan, Italy. As we build our local investment team, we are looking for an Investment Analyst to join the Milan office and support our client coverage in Italy. This is an exciting opportunity to be part of a growing team and contribute to our work with clients in a dynamic market.

The Investment Analyst (IA) collaborates with Investment Directors to provide investment and capital markets research, analysis, and advice to our clients. The position involves quantitative analysis, as well as a qualitative component as the IA works to assess market conditions and relay investment recommendations to clients in written reports. In this role, the IA will gain broad exposure to asset classes and investment strategies, while being exposed to clients and deepening their investment knowledge.

Position Specifics:

• Location of Position: Milan, Italy
• Start Date: July 8, 2026
• Office Requirement: Investment Analyst is required to be in office 12-16 days per month
• You will be eligible to participate in firm's Annual Performance Bonus program

Responsibilities:

• Work as part of an investment team alongside Investment Directors and co-IA to assess investment managers' portfolios and support client requests and questions. Focus will be on marketable portfolio, inclusive of public markets, hedge funds, and FX.
• Direct responsibility for, and interaction with, clients serviced by team
• Prepare exhibits and other presentation documentation

We Offer:

• 2-week onboarding training program and interactive training and professional development throughout the IA career
• Structured mentorship, and employee guided learning opportunities as well as support for the CFA, CAIA, and other professional designations
• Team-based work structure, which supports an environment where immediate contributions can be made and ongoing learning is encouraged and fostered through interactions with experienced industry professionals
• Ability to attend meetings with clients and top-tier investment managers; broad exposure to asset classes

Qualifications:

• Masters of Science (in a financial major), or Bachelor's degree with 1-2 years relevant experience and/or relevant industry qualifications (e.g. CFA)
• Excellent written and verbal communication skills, strong attention to detail and prioritization, and an ability to operate effectively in a team environment
• Demonstrated interest in investments and the capital markets with eagerness to learn
• Proficient with MS Office suite, specifically Excel and PowerPoint
• Familiarity with Python and with integrating AI tools and Large Language Models (LLMs) into workflows, including programmatically (e.g., via API calls), along with an interest in automation and process improvement
• Must be eligible to work in Italy without sponsorship or restriction now or in the future

Resume and Cover Letter are required to complete your application.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.