Senior Associate - Product Management

Full Time
New York, NY, USA
4 weeks ago

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

StepStone is a global private markets specialist that currently oversees over $682 billion of private capital allocations, including over $176 billion of assets under management.  The Firm’s client base includes many of the most respected institutional investors in the world, including public and corporate pensions, sovereign wealth funds, insurance companies, endowments and foundations, and high-net-worth individuals/family offices. StepStone has one of the largest secondary liquidity solutions platforms globally, providing an important source of capital to sophisticated investors and general partners across private equity, venture capital & growth equity, real estate, infrastructure, and private debt. As of September 30, 2024, StepStone was responsible for approximately $31 billion of capital dedicated to secondary solutions across all four asset classes.

The Senior Associate will be our fourth hire supporting the Investor Relations team overseeing fund formation and client management for the Private Equity Secondaries Program. The hire will report to the Managing Director of Investor Relations and help support the entire fund lifecycle – from managing fundraising processes, product and strategy development, and investor engagement across fund lifecycles. The role will entail periodic interaction with limited partners and prospects.

 

Responsibilities:
  • Provide deep product knowledge and act as a spokesperson for funds throughout their lifecycle.
  • Implement client service protocols to ensure a high-quality, consistent investor experience; source best practices from internal/external stakeholders to improve our IR team.
  • Support the entire fund lifecycle, including fundraising, pre-marketing, and LP communications by providing expertise and leverage to senior team members.
  • Drive strategy and product development initiatives, maintaining marketing materials.
  • Manage investor requests, including RFPs, DDQs, and due diligence, ensuring consistent, accurate, and timely responses.
  • Facilitate fund documentation, including assisting with drafting the fund's PPM and presentation.
  • Distill industry trends and competitive landscape to support fundraising strategy.
  • Support planning and execution of client events, meetings, webinars, and conferences.
  • Work with technology to enforce internal efficiencies.

 

Requirements:
  • 5 years of experience in investment banking, management consulting, private equity, investor relations, or private placements
  • Demonstrate strong ethics, integrity, team-oriented approach, and attitude, aligned with StepStone’s values.
  • Strong interest in the private equity markets
  • Advanced analytical skills and proficiency with Microsoft Office (Excel, PowerPoint, Word, and Outlook)
  • Entrepreneurial spirit and excellent soft skills (communication, professionalism, organization, time management, problem-solving, decision making)
  • Embraces teamwork and thrives in a collaborative and communicative environment
  • Competency in using performance reporting and systems.
  • CRM system experience preferred

 

Base Salary: 115,000- 135,000

The salary range is an estimate of pay for this position.  Actual pay may vary depending on job-related factors that can include location, education, skill, and experience.  The salary range does not include any benefits or other forms of possible compensation that may be available to employees.

At StepStone, we believe that our people are our most important asset and crucial to our success.  We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

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