Description
iCapital is seeking a Vice President Product Manager to join its Independent Advisor Solutions team. This team has launched five 1940 Act registered funds and continues to expand its investment offerings.
The role will collaborate closely with the Portfolio Manager to build and manage an evergreen portfolio that includes direct co-investments, funds, and strategic partnerships. This individual will play a critical role in driving the growth of iCapital’s evergreen registered fund business by overseeing key aspects of fund operations, investor relations, marketing, and distribution strategy.
Responsibilities:
- Own all aspects of fund operations and business growth, excluding investment decisions and external marketing.
- Oversee marketing initiatives for the fund, including creating and maintaining fundraising presentations, portfolio review materials, quarterly investor call content, and other marketing collateral.
- Partner closely with the Portfolio Manager on the “business of the fund,” managing distributions, liquidity, and communications with current and prospective investors.
- Build and maintain strategic relationships with leading distribution platforms in the wealth management channel.
- Coordinate cross-functionally with the Legal, Accounting, Fund Administration, Operations, Investor Relations, Compliance, and Distribution teams to ensure seamless execution across all aspects of the fund.
- Oversee recurring reporting for investors and the Board, ensuring accuracy, timeliness, and clarity.
Qualifications:
- 8+ years of relevant professional experience in financial services (i.e. investment management, project management, private investing, investment banking, transaction advisory services, capital markets, and management consulting)
- Bachelor’s degree is required; CFA, CAIA, or MBA is a plus
- Experience with 1940 Act funds and private markets is a plus
- Proven ability to build strong, trusted relationships with internal teams and external clients
- Exceptional organizational and time management skills, with the ability to manage multiple priorities effectively
- High attention to detail and accuracy in all deliverables
- Excellent written and verbal communication skills for clear and persuasive messaging
- Professional demeanor with an entrepreneurial mindset and strong sense of ownership
Benefits: The base salary range for this role is $160,000 to $190,000. 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). Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.