Portfolio Manager - Vice President

About the role

iCapital is seeking two mid-senior level investment professionals for its portfolio management team, who will each be responsible for building and managing an evergreen portfolio comprised of private equity and/or private real asset investments. Each hire will serve as the primary portfolio manager for a newly launched evergreen, registered fund: one focused on private equity fund investments and co-investments, and one focused on private real assets fund investments and co-investments. These professionals will play integral roles in helping grow iCapital’s evergreen registered fund business.

Responsibilities

• Perform due diligence on private equity and private real assets co- and fund investment and co-investment opportunities, as applicable to the relevant fund mandate.
• Manage portfolio construction and liquidity across multiple underlying strategies.
• Drive overall strategy and play a key role in discussions with existing and potential investors.
• Monitor portfolio performance and manage external partnerships with underlying general partners.
• Collaborate with internal teams, including Distribution, Finance, Legal, and Compliance.

Qualifications

• 7-12+ years of relevant experience in private markets investing
• Experience participating in fundraising discussions with prospective investors
• Familiar with risk management concepts associated with portfolio construction
• Experience with private equity or private real assets, depending on the relevant fund mandate
• Experience with evergreen and registered offerings is a plus
• Experience in the wealth channel is a plus
• Strong qualitative and quantitative analytical capabilities
• Excellent verbal and written communication skills
• Able to problem-solve and make sound recommendations under pressure
• Professional and confident demeanor, including comfort interacting with senior industry professionals

Benefits

• Comprehensive benefits package including:
  • Employer-matched retirement plan
  • Generously subsidized healthcare with 100% employer-paid dental, vision, telemedicine, and virtual mental health counseling
  • Parental leave
  • Unlimited paid time off (PTO)
• Compensation package including:
  • Base salary range: $160,000 to $220,000
  • Equity for all full-time employees
  • Annual performance bonus

Schedule

Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.