Portfolio Management - Assistant Vice President / Vice President

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $191 billion in global client assets invested in 1,524 funds, as of May 2024.

iCapital has been named to the Forbes Fintech 50 for seven consecutive years (2018-2024); a three-time selection by Forbes to its list of Best Startup Employers (2021-2023); and a three-time winner of MMI/Barron’s Solutions Provider award (See link below). 

About the Role

iDirect is a rapidly growing series of evergreen funds focused on investing in specific alternative asset classes with identified, high quality managers.  iDirect is seeking an Assistant Vice President or Vice President to join its private markets portfolio management team.  This mid-level professional will be responsible for external reporting, business development initiatives, evaluating new direct private company investment opportunities, and monitoring and analyzing the existing investment portfolio.

Responsibilities

• Perform due diligence on private companies and their industries.
• Draft investment memoranda and make recommendations to Investment Committee.
• Assist in managing co-investment relationships with leading GPs.
• Oversee the updating of a collection of recurring marketing materials.
• Oversee the updating of investor-specific and Board-specific recurring reporting templates.
• Execute in-bound investor DDQs and RFPs.
• Prepare both external and internal-facing business development materials.
• Help monitor the portfolio, analyze liquidity, and maintain relevant investment records.
• Liaise internally with Accounting, Compliance, and Sales.

Qualifications

• 4-10 years of relevant experience in financial services (e.g., investor reporting, project management, portfolio analytics, private investing, investment banking, transaction advisory services, capital markets, investment consulting, management consulting, etc.)
• High accuracy and attention to detail
• Excellent written and verbal communication skills
• Able to problem-solve and make logical business recommendations in a fast-paced environment
• Professional demeanor with an entrepreneurial attitude and strong sense of ownership

Benefits

The base salary range for this role is $115,000 to $180,000.  iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).

We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office four days, with the flexibility to work remotely one day. Every department has different needs, and some positions will be designated in-office jobs, based on their function.

For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us  Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/

iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

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Last updated on Aug 22, 2024