Vice President, Institutional Product & Strategy

About Prospect
Founded in 1988, Prospect Capital is an alternative asset management firm with $11.9B 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 150 experienced professionals who value entrepreneurship, intellectual rigor, hard work and continuous improvement.

Role and Responsibilities:

Prospect Capital is seeking a Vice President, Institutional Product & Strategy to work closely with our capital raising team. This position offers the opportunity to make a significant impact on our institutional relationships and product positioning. The ideal candidate will possess strong expertise in private credit and alternative investments. Responsibilities include, but are not limited to:

• Develop deep expertise in Prospect Capital’s fund offerings, understanding the nuances of each product and effectively conveying this information in both verbal and written formats.
• Collaborate with internal teams, including compliance, legal, and investment to ensure all marketing materials and investor communications meet regulatory standards, accurately represent fund strategies, and reflect up-to-date product information
• Create and manage a variety of investor and marketing materials, including research reports, one-pagers, marketing decks, video series, and press releases, ensuring each piece effectively communicates fund insights, strategy updates, and performance in a compelling and accessible format.
• Coordinate responses to investor requests, including due diligence questionnaires (DDQs), requests for proposal (RFPs), and other ad hoc information requests.
• Lead and support ad-hoc projects as needed, adapting to shifting priorities and providing timely solutions to meet the evolving needs of the institutional fundraising team.

Desired Skills and Experience

• Bachelor’s degree in finance, economics, or a related field; advanced degrees or relevant certifications (e.g., CFA, CAIA) are a plus.
• 5 years of experience in asset management, investment banking, or related financial services, ideally with exposure to private credit or alternative investments.
• Strong understanding of investment products, including private credit, private equity, or other alternative asset classes; ability to quickly gain in-depth knowledge of specific funds and strategies.
• Proficient in financial analysis, with the ability to interpret performance data and portfolio metrics and communicate them effectively to clients.
• Excellent written and verbal communication abilities, with experience creating client-facing materials and presenting complex information clearly.
• Highly organized with strong attention to detail, especially when creating content, managing multiple deliverables, and ensuring compliance.
• Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word); experience with financial databases (e.g., Bloomberg, PitchBook) and CRM systems is a plus.
• Demonstrated ability to work cross-functionally with various internal teams, such as legal, compliance, and marketing, to ensure cohesive and compliant product communications.
• Experience in asset management positioning institutional funds to investors and organizing marketing campaigns.

The anticipated annual base salary range for this position is $175,000 - $215,000 plus an annual discretionary performance-based bonus. Actual pay may be adjusted based on experience and performance. 

In addition to the base salary, the hired professional is eligible for comprehensive benefits, including 100% employer-paid premiums for medical, dental, vision insurance, life insurance, and AD&D. You'll also have access to pretax benefit accounts, including FSA, HSA, and Commuter accounts. Our perks go beyond the basics with a mentorship program, daily in-office paid breakfast and lunch, company-sponsored ski and sailing trips, and regular happy hours. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

Salary : $175,000 - $215,000