Role Description
Reef is seeking a Vice President of Capital Formation to lead Reef's efforts to raise capital from institutional LPs, including public pension systems, sovereign wealth funds, and large corporate/multi-employer pensions, as well as RIAs, wirehouses, and other private wealth channels. This is a newly created, full-time, dedicated hire built to develop direct, programmatic capital-raising relationships with those investors.
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Own outreach and channel development across large RIAs, wirehouse private wealth groups, pensions, insurance companies, family offices, and investment consulting groups.
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Build a qualification and relationship-management process for these channels, replacing today's ad hoc approach with a structured, programmatic pipeline.
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Lead Reef through institutional due diligence and consultant-driven manager search processes, including RFIs/RFPs, operational due diligence questionnaires, and on-site diligence visits, to secure inclusion on approved manager lists.
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Engage directly with high-net-worth individuals and institutional decision-makers as the face of Reef in these conversations.
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Work with secondary market groups, developing relationships relevant to secondary transactions and liquidity conversations.
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Support capital raising from Reef's member base (Marcella, Cornerstone, and Black Desert) as the role matures, extending the same relationship-building discipline inward to existing members.
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Travel extensively to build and sustain these relationships in person; this is expected to be a substantial and ongoing part of the role.
Qualifications
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Bachelor's in finance, economics or related field; Master's degree or MBA is preferred, but not required.
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Proven track record raising capital from large institutional LPs, including public pension plans and other major allocators, as well as RIAs and/or wirehouse private wealth channels, with credible relationships already in place.
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Established relationships with institutional investment consultants who advise public pension plans and other large allocators, with a demonstrated track record of navigating manager searches and securing consultant approval/inclusion on buy lists.
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Direct experience engaging high-net-worth and institutional investors, including being comfortable serving as the primary point of contact, not just supporting a deal team.
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Familiarity with secondary market groups and family office channels.
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Ability to build a relationship-management and qualification process from scratch.
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Self-directed and comfortable with heavy travel.
Benefits
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401(k) Plan with Company Match
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Generous Health Plan with HSA Match
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Flexible Paid Time-off
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Daily Company Lunches
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Cell Phone Service Allowance
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Discounts at Company-owned Resorts and Golf Courses