Responsibilities

• Lead qualitative and quantitative research and due diligence on various private market funds and co-investment deals, with an emphasis on venture capital.
• Assisting in building and driving new financial product development and continuing to improve business processes.
• Independently prepare investment materials including investment committee memos and internal briefing notes.  
• Present investment recommendations at Allocate Investment Committee in a clear and balanced way to ensure all elements of an opportunity are available for consideration.  
• Proactively contribute to outbound sourcing and pipeline development for new investments, while actively maintaining the existing pipeline.
• Manage all aspects of GP relationships including deal structuring, access, and driving consistent value to ensure we are cultivating deep partnerships.  
• Play an active role in the management of the investment platform, including producing quarterly reporting and providing ongoing updates to investments.
• Contribute to the creation of thought leadership, including conducting industry trend research and theme development.
• Help educate internal stakeholders on investment opportunities.
• Participate in Allocate investor meetings independently or alongside other team members.
• Support other aspects of the business (Investor Relations, fundraising, Legal and Operations) as required.
• Represent Allocate at industry events, and be adept at public speaking.

Qualifications

• 5-7 years of experience in private markets investing, including work at fund-of-funds, direct funds, family offices, financial services companies, consultants, or other similar investment organizations.
• Intellectual curiosity with the desire and analytical ability to go beyond the “numbers.”
• Process orientated with the desire to help build an institutional quality, industry leading investments team.
• Strong understanding of current venture capital and private equity landscape, including managers and trends.
• A high degree of project management skills, with a proactive mind and ability to work independently.
• Strong written and verbal communication skills, with an ability to distill complex content for both internal and external client communication, and for thought leadership.
• Dedicated team player who has not only a desire to contribute to the team/organization, but who wants to build
• Very detail oriented.
• Bachelor’s degree or equivalent and either the CFA or CAIA - progress toward completion of either viewed favorably.

Essential Values & Culture

• Providing our clients with a world-class experience is our number one priority. We obsessively search for ways to improve the experience for our clients and partners. This requires extraordinary response times, proactivity, and ensuring that everything we do, from product strategy to offline communications is a top-tier client experience.
• Challenge convention: Instead of detailing all the reasons why an idea may not work, we constantly question things to determine how a viable idea may be put into motion.
• Commitment to curiosity: We find ways to personally scale each day by pushing ourselves up the learning curve.
• Civil Discourse is embraced: We believe open, intellectually curious conversations are required to consistently arrive at the best decisions. Respect is paramount in our dealings with one another, but our mission is always to get the right answer collectively, not to be right.

Additional Details

• Bay Area based, with a preference for in-office up to 3 days per week (Menlo Park HQ)
• Seniority: At least 5 years of experience
• Reporting to: Managing Director, Investments
• Salary: Competitive early-stage fintech startup (salary + bonus + equity)
• Base salary range: $140K - $180K
• Benefits: Medical, dental, vision, 401(k), and unlimited vacation time
• Employment: Full-time
• This role will be subject to Allocate's Code of Ethics and related compliance obligations of Allocate.

Alternative investments have become a growing staple in investor portfolios as investors continue to seek better portfolio diversification and higher returns. However investing in and alongside the most promising venture funds is primarily limited to institutional investors and industry insiders. We are here to change that.

What we do:

Allocate is a digital investment platform that provides all types of investors with a programmatic and efficient way to discover and invest in high quality emerging and established venture capital funds, while providing fund managers with a streamlined way to access the fragmented private wealth market.