Private Markets, Due Diligence - Assistant Vice President

iCapital•Greenwich, CT

1d•$135,000 - $165,000•Hybrid

About The Position

iCapital is seeking an Assistant Vice President to join its growing Research and Education team. The role focuses on conducting investment and operational due diligence on private capital funds and managers, and preparing thorough due diligence reports for clients. The candidate should have strong knowledge of industry trends in private equity, private credit, and/or real estate and real assets. The role also involves sourcing and screening managers, tracking investment opportunities and market pipelines, creating market maps, and preparing client-facing marketing and education materials. Over time, the Assistant Vice President will present the merits of current products and trends in private capital investing to clients. The position works in the office Monday through Thursday, with the flexibility to work remotely on Friday. The base salary range is $135,000 to $165,000, with equity for full-time employees, an annual performance bonus, and a comprehensive benefits package.

Requirements

5–7 years of experience in financial services.
At least 2 years of experience conducting due diligence on private capital managers.
Previous experience evaluating fund managers as a primary responsibility.
Demonstrated qualitative and quantitative analytical skills.
Strong written and verbal communication skills.
Comfort presenting in front of senior industry professionals.
Ability to work independently.

Nice To Haves

Due diligence experience at a top-tier investment consultant, large institutional limited partner such as a pension fund or endowment, or fund of funds.
Experience in the wealth channel supporting registered investment advisor firms and family offices.
Strong knowledge of industry trends in private equity, private credit, and/or real estate and real assets.

Responsibilities

Conduct 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, covering qualitative and quantitative factors.
Stay informed about investment opportunities and communicate relevant information to the investment team.
Source new managers, perform initial screening, and identify managers for further consideration.
Help maintain a pipeline of investment ideas in market or expected to come to market over a 12-month period.
Lead the creation of market maps for each major strategy.
Prepare marketing and education materials on products and strategies for clients.
Create and maintain pitchbooks, private market research pieces, and other team materials and outputs.
Over time, present the investment merits of current products and trends in private capital investing to clients.