Position Summary As a Portfolio Manager at RCP, you will have the opportunity to be in a highly entrepreneurial role. We are in the early stages of building a DEI fund focused on making primary fund commitments in diverse private equity and growth fund managers. As the Portfolio Manager of the Elevate Fund you will lead and manage the DEI portfolio. Additionally, you will be a member of the boarder investment team, participating in all aspects of RCP’s investment and approval process in regard to all other firm strategies including primary, secondary and co-investment commitments.
Duties and responsibilities
Perform Portfolio Manager responsibilities of RCP’s Elevate Fund of Funds including:
Map and understand the landscape of opportunities
Proactively identify and source new manager relationships
Create and monitor forward pipeline of opportunities to coordinate portfolio construction
Develop and maintain long-term relationships with GPs
Conduct initial manager meetings to screen opportunities with Investment Committee
Lead due diligence process from initial meeting through IC approval
Participate in fundraising meetings for new DEI Fund
Manage portfolio of investments through Advisory Board representation and Annual Meeting attendance / write-ups
Work on all of the other RCP strategies including primary, secondaries and co-investments. In particular, this will include sourcing, leading, advocating and monitoring primary investments for our emerging manager fund, flagship funds, and advisory accounts.
Train and mentor pool of VPs, Analysts, and Associates
Requirements and Qualifications
Bachelor's degree required – MBA preferred
Progressive experience (approximately 10 years) in private equity direct, primary, secondary or co-investment investing or some combination of the above.
Team player – RCP has a collaborative culture where every employee, regardless of position, may get called on to help out in areas that are not their primary area of responsibility.
Capability to lead, self-direct, analyze, evaluate, and form independent investment judgments
Strong financial modelling capabilities / Professional Excel and PowerPoint experience
Analytical and quick thinker with strong problem-solving capabilities
High degree of comfort in a dynamic and fast paced work environment
Possess strong attention to detail and the ability to effectively prioritize multiple tasks
Outstanding communication skills, both written and verbal, with demonstrated ability to develop materials and effectively present to and persuade executive audiences
Dynamic relationship building and partnership skills; a strong teammate with experience leading initiatives across multiple departments
Must have the ability to interact with a variety of individuals (employees at all levels, clients, vendors), along with the ability to work independently
Demonstrated ability to coach, motivate, develop and lead a team
About RCP Advisors
RCP Advisors is a private equity investment firm that provides access to lower middle market private equity fund managers through primary funds-of-funds, secondary funds, co-investment funds, as well as private credit solutions through its affiliate, Five Points Credit. Additionally, the Firm provides advisory and investment research services.