Associate - Business Development - Private Markets

Posted 6 Days Ago
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San Francisco, CA
Mid level
Financial Services
The Role
The Associate in Business Development will support the territory manager in institutional capital raising and consultant relationships, engage with clients, assist in building investor pipelines, and contribute to meeting annual goals while tracking activity through Salesforce.
Summary Generated by Built In

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 Group, a leader across private market solutions in Private Equity, Private Debt, Real Estate, and Infrastructure is seeking an Associate to support a territory manager with institutional capital raising and consultant relationships. The position will be tasked with helping to grow the firm’s investor and asset base across their assigned territory.

Essential Job Functions:

The US Business Development role has a number of essential functions which include but are limited to:

  • Support the territory manager in covering direct LPs relationships and consultants in the assigned territory
  • Effectively assist in coverage across several states, maintaining a high level of engagement with prospective clients
  • Assist in building qualified pipelines of institutional investors to execute campaigns and roadshows
  • Respond to existing client inquires in a timely manner
  • Meet annual KPIs and contribute to territory success
  • Maintain and track outreach activity in the firm’s CRM software (Salesforce)
  • Attend regular internal meetings and strategy educations sessions
  • Meet monthly with the Global Business Development Coordinator to review activity, pipeline and progress

Education and/or Work Experience Requirements:

  • Bachelor's degree
  • 3+ years of sales experience
  • Private markets experience preferred
  • Salesforce experience is a plus
  • Institutional client engagement experience is a plus

Required Knowledge, Skills, and Abilities

  • Commitment to being a team player
  • Excellent verbal and written communication skills
  • Self-starter who can organize and effectively help execute territory plans
  • Ability to prioritize activities
  • Consistently offer best-in-class engagement

CA Salary Range: $90,000 - $120,000

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.


About us

Working out of 26 offices in 15 countries, StepStone has a truly global viewpoint.  As people are our biggest asset, we offer resources to help our employees reach their full potential.  Our principles are based on integrity, transparency, respect and creativity, which together define how we do business.  

Join us

When you choose to work at StepStone, you'll find a group of professionals who are passionate about anticipating changes, solving problems and working together to make it all happen. Our integrated global team shares insights into how managers think and operate, as well as how they might perform.  

StepStone offers a competitive compensation package including salary and incentive compensation for all full time hires, as well as a comprehensive benefits package.

Benefits

We offer a range of benefits which include comprehensive healthcare, strong retirement plan, a mental health well-being program, paid time off, student loan repayment program for our US office locations, and several wellness initiatives.

Disclaimer / Policy Statements

At StepStone, diversity, equity and inclusion are an integral part of our culture. We are an Equal Opportunity Employer that strives to create an inclusive environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups representing our dedication to Diversity, Equity & Inclusion.  

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.

Developing People at StepStone

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The Company
HQ: New York, NY
909 Employees
On-site Workplace
Year Founded: 2007

What We Do

StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.

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