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Prospect Capital Management
Manhattan, NY | Full Time
$84k-112k (estimate)
2 Weeks Ago
Senior Associate, Institutional Fundraising
$84k-112k (estimate)
Full Time 2 Weeks Ago
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Prospect Capital Management is Hiring a Senior Associate, Institutional Fundraising Near Manhattan, NY

The Firm

Founded in 1988, Prospect Capital is an alternative asset management firm with $11.5B of assets under management, including permanent capital. Prospect pursues multiple strategies in the US, including direct lending, private equity, real estate private equity and structured credit. Prospect has a long-term, value-oriented approach that employs fundamental bottoms-up research to identify investments that offer attractive risk and reward.

With offices in New York City, Connecticut, and Florida, the firm is comprised of 140 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.

Job Responsibilities

  • Develop and maintain knowledge of Prospect’s product offerings, systems, and processes to support and service investor relationships in the US institutional investor channel.
  • Assist in the development and execution of investor relations strategies to support fundraising efforts, including identifying and targeting potential investors, coordinating investor meetings, and managing follow-up communications.
  • Collaborate with Prospect’s internal teams to craft compelling investment theses and marketing materials, and to ensure all communications have the appropriate disclosures are reviewed and approved.
  • Work with compliance/fund counsel to ensure all communications have the appropriate disclosures and are reviewed and approved.
  • Prepare and maintain investor presentations, pitch decks, due diligence materials, and other documentation required for fundraising activities.
  • Assist in the drafting and developing of investor communications, including quarterly and annual reports, capital calls and distribution notices.
  • Oversee the CRM database of clients, contacts, and activity for institutional fundraising team to ensure proper and accurate documentation.
  • Assist in the preparation of regulatory filings, compliance documentation, and reporting requirements related to investor communications and fundraising activities.
  • Manage timeline and work with internal teams to draft incoming RFPs/DDQs for prospective investors.
  • Manage research piece development process across real estate and credit strategies by coordinating with internal investment teams for monthly distribution.
  • Utilize investor prospecting databases to perform investor, competitor, and market due diligence.
  • Maintain consultant and investment platform databases.
  • Assist with ad-hoc projects where needed.
  • May require travel on an as needed basis.

Desired Skills and Experience

  • Bachelor's degree in finance, economics, business administration, or a related field; advanced degree or CFA designation preferred.
  • Minimum 2-4 years of experience in investor relations within the financial industry, preferably supporting institutional fundraising efforts.
  • Strong understanding of investment vehicles, including private equity, private credit, real estate, or other alternative investments.
  • Proven track record in managing relationships with institutional investors such as pension funds, endowments, foundations, and sovereign wealth funds.
  • Excellent communication skills, both written and verbal, with the ability to effectively convey complex investment strategies and performance metrics to diverse audiences.
  • Experience with investor prospecting databases including eVestment, Preqin, Dakota, or Pitchbook preferred.

The anticipated annual base salary range for this position is $95,000 - $125,000 plus annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance.

Job Summary

JOB TYPE

Full Time

SALARY

$84k-112k (estimate)

POST DATE

06/19/2024

EXPIRATION DATE

08/12/2024

WEBSITE

prospectstreet.com

HEADQUARTERS

New York, NY

SIZE

200 - 500

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