Business Development Manager

Salary is commensurate with experience.

Company Background

We are a $600 million private equity firm headquartered in New York City specializing in lower and middle market private equity co-investments and direct investments. We are unique in the industry as a minority-owned firm focused on supporting minority- and/or women-led firms and companies. We have made over 30 investments in sectors ranging from middle market software, niche industrial companies and business services.

Role & Responsibilities

The firm seeks a Business Development Manager whose main responsibilities will be assisting in i) sourcing new investments consistent with our investment philosophy and ii) raising co-investment capital alongside our committed investment vehicles.

Specifically, the Business Development Manager will be responsible for the following:

Deal Sourcing

• Working with partners to identify attractive sectors and regions in which to invest
• Developing and maintaining relationships with investment banks and regional and local brokers
• Attending industry and/or networking conferences to source pipeline of new opportunities
• Maintaining pipeline database using internal CRM for deals and Trello for intermediary contacts
• Using LinkedIn platform to identify operating executive partners and acquisition targets

Capital Raising

• Presenting new investment opportunities to network of investor relationships
• Cultivating relationships with placement agents and other intermediaries to expand investor access
• Broadening direct relationships with foundations, endowments and family offices
• Providing regular updates and reports on company deal activity and progress

Experience and Skills Desired

The ideal candidate would have the following work experience:

• Prior experience at placement agent firm or in a fundraising/investor relations role at a private equity fund
• Prior experience in business development/deal sourcing at a private equity firm

The ideal candidate would have the following:

• Strong interpersonal communication style (both written and oral)
• Existing relationships with placement agents and investors
• Strong networking capabilities
• Ability to work independently
• Effective time management and organizational skills