At a Glance
- Tasks: Lead institutional business development and grow investor relationships in the UK.
- Company: StepStone Group, a leader in private market solutions.
- Benefits: Competitive salary, pension scheme, and opportunities for professional growth.
- Other info: Collaborative environment with a focus on innovation and success.
- Why this job: Join a dynamic team and make a significant impact in private equity.
- Qualifications: 7+ years in private market sales with a proven track record.
The predicted salary is between 50000 - 65000 £ per year.
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. StepStone Group, a leader across private market solutions in Private Equity, Private Debt, Real Estate, and Infrastructure, is seeking an experienced Director focused on institutional capital raising for the U.K. The position, officially based out of London, will be tasked with growing both the firm's investor and asset base by winning institutional business throughout their assigned territory across four asset classes. For this role there will be an emphasis on Private Equity.
Responsibilities
- Help to further develop StepStone's competitive positioning, marketing strategies and sales messages with respect to its asset management offerings and advisory services across institutional investors in the UK.
- Work with the existing UK BD team to execute on the Institutional business development plan and grow both AUM from both new and existing LPs.
- Proactively undertake investor outreach, soliciting StepStone offerings across the various asset classes with a strong focus on Private Equity.
- Effectively partner with the Head of UK to cover a broad territory, across an array of investors generating new leads and maintaining a high level of activity with prospective and existing clients.
- Build qualified pipelines of institutional investors to execute campaigns and roadshows.
- Take ownership of the sales process from prospect stage to potential close.
- Respond to existing client inquiries in a timely manner.
- Meet fundraising targets and KPIs set forth in the annual business plan.
- Maintain and track outreach activity in the firm's CRM software (Salesforce).
- Attend regular internal meetings and strategy education sessions.
- Work closely with UK Head of Business Development to review activity, pipeline and progress.
Education and/or Work Experience Requirements
- 7+ years of private market institutional sales experience/Private Equity experience.
- Proven track record of institutional capital raising in the U.K. for institutional clients.
Required Knowledge, Skills, and Abilities
- Commitment to being a team player.
- Excellent verbal and written communication skills.
- Self starter who can organize and effectively execute territory plans.
- Ability to prioritize activities and manage a pipeline of prospects.
- Consistently offer best in class prospect and client engagement.
Vice President / Director - UK Institutional Business Development (m f x) employer: Job Search Place Limited
StepStone Group is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide tailored training and development opportunities, alongside competitive benefits including a robust pension scheme. Join us to be part of a leading firm in private markets, where your contributions directly impact our success and that of our clients.
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We think you need these skills to ace Vice President / Director - UK Institutional Business Development (m f x)
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