What are the responsibilities and job description for the Managing Director, Business Development & Fundraising position at Wall Street Careers®?
Managing Director, Business Development & Fundraising
We are seeking an entrepreneurial Managing Director, Head of Business Development, and Fundraising to drive capital raising and investor relations for flagship Hedge Funds and customized SMA platforms. The firm is a top-quartile leader in Structured Credit, with a heavy focus on Residential Mortgage-Backed Securities (RMBS)
.
The ideal candidate has a verifiable track record raising assets in structured credit and an elite, active network of University Endowments, Foundations, and Investment Consultant
s.
Responsibilit
- iesCapital Raising: Execute a global distribution strategy to secure institutional mandates for hedge fund and SMA platfor
- ms.Investor Targeting: Close allocations from tier-1 and tier-2 Endowments, Foundations, and institutional consultan
- ts.Strategic Positioning: Translate complex structured credit strategies (RMBS, CMBS, distressed debt) into compelling narratives for institutional allocato
- rs.Consultant Relations: Secure and maintain high ratings with top investment consulting firms (e.g., Cambridge Associates, Mercer, NEPC) to clear RFPs and buy-lis
- ts.Market Intelligence: Monitor investor appetite and market trends to provide product development feedback to the investment te
am.
Requirem
- entsExperience: 10–15 years of institutional fundraising experience within alternative assets, hedge funds, or private cre
- dit.Domain Expertise: Deep technical fluency in Structured Credit, specifically RMBS and CMBS (required). Comfort pitching directly to institutional C
- IOs.Track Record: Proven success raising hundreds of millions (or billions) in institutional AUM for credit or fixed-income strateg
- ies.Network: Active Rolodex of North American institutional decision-makers and consultant research te
- ams.Credentials: Bachelor’s required; MBA, CFA, or CAIA preferred. Appropriate FINRA licensing (Series 7, 63, and/or
24).
Benef
- its: Strong Compensation: Competitive $200K–$250K base salary with a lucrative distribution incentive structure tied to asset inf
- lows.Institutional Credibility: A proven asset manager with a top-quartile, 5 year track record and capacity for significant gr
- owth.Autonomy: The opportunity to lead and scale the business development function alongside executive manage
Salary : $200,000 - $500,000