Private Equity - Due Diligence - Assistant Vice President
iCapital Network 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 $70 billion in global client assets invested in close to 750 funds across more than 125,000 underlying accounts.
iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019 and 2020 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.
About the Role
iCapital is looking for a candidate to join its growing Research & Due Diligence team. The candidate will focus on conducting due diligence on Private Capital funds and author thorough due diligence reports that are offered to our clients. The candidate should have strong knowledge of industry trends in private equity, private credit, and/or real estate/real assets.
Responsibilities
- Assist investment and operational due diligence on private capital managers identified for inclusion on the firm’s platform
- Prepare clear and comprehensive due diligence reports on managers, including qualitative and quantitative factors
- Source new managers, perform initial screening, and identify managers for further consideration
- Keep abreast of investment opportunities and be able to successfully communicate information to the investment team
- Maintain a pipeline of investment ideas that are in market or coming to market over a 12 month period and lead the effort in creating market maps for each major strategy
- Prepare marketing and education materials on various products/strategies for clients of the firm
Qualifications
- 4-6 years of experience conducting due diligence on private capital managers, preferably for a top-tier investment consultant, large institutional LP (pension fund / endowment), or fund of funds
- Fund manager evaluation should have been the candidate’s primary responsibility at prior firm
- Demonstrated qualitative and quantitative analytical skills
- Strong written communication skills; ability to present in front of senior professionals in the industry
- An ability to work independently
Benefits
iCapital offers a comprehensive benefits package that includes a competitive total compensation program consisting of salary, equity for all full-time employees, annual performance bonus, and an employer matched retirement plan; generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling; and generous paid time off (PTO) featuring unlimited sick time and parental leave.
While we are currently working remotely due to COVID-19, this position will be based in our Greenwich, CT office. As we plan to re-enter our offices in 2021, iCapital will offer most employees the flexibility to work remotely one to two days a week. Every department has different needs, and some positions will be designated in-office jobs, based on their function.
For additional information on iCapital Network, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc
iCapital Network 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.