Greater NYC Area
1 week ago
We are looking to hire a Portfolio Manager who will be responsible for all portfolio management functions on behalf of an existing 40 Act registered private markets fund. This individual will sit within our Research & Diligence team, comprised of 11 professionals, and will also report into our Investment Product Development & Origination group, comprised of 6 professionals. The candidate’s primary responsibilities will include overall portfolio construction, evaluating and selecting co-investment and secondary opportunities in private equity and credit, as well as conducting diligence on prospective primary funds.
The candidate will manage the overall composition of the fund and the optimal mix of investments based on strategy, geography, return profile, and private asset types. Additionally, you will maintain monthly cash projections including forecasting capital calls and distributions as well as managing the liquid component of the fund and the overall risk of the fund portfolio.
You will provide recommendations to an Investment Committee that has governing authority for all investment decisions. You will have responsibility for all decisions related to the percent of liquid assets held and the cash management of the fund. Additionally, you will analyze and oversee the entire investment portfolio, including the state of both equity and credit markets on a regular basis and understand their effects on the portfolio. You will determine the best investment strategies and opportunities for the fund, the proper allocations across investments, and will need to articulate the rationale for the all new investments to the fund’s board, stakeholders, and investors.