What are the responsibilities and job description for the Private Markets Fundraising Analyst position at 4100 NB Alternatives Advisers LLC?
Summary: Neuberger Berman is an employee-owned global investment management firm with $436 billion in assets under management. The private equity group of the firm, NB Private Markets, is a leading and growing investor in private markets, managing over $115 billion of client commitments since inception. The Private Investment Portfolios and Co-Investment (“PIPCO”) group within NB Private Markets oversee all commingled funds and custom portfolios consisting of a combination of primaries, co-investments, and/or secondaries, as well as primary-only and co-investment-only programs. The diverse suite of products includes a variety of strategies, ranging from highly diversified portfolios to those focused on a particular asset class (i.e., buyout, venture, and/or infrastructure), certain geographies, emerging managers, impact investments, or other customizations as requested by clients. The Client Solutions Group within NB Private Markets is focused on developing and implementing the fundraising strategy for the overall PIPCO group and individual fund offerings. The group plays a key role across the full lifecycle of the PIPCO funds’ from formation to fundraising to managing communications with investors. The team is seeking a junior team member dedicated to the PIPCO team to help manage non-investment activities for the team. The individual will work closely with the investment, marketing, sales, legal, finance and operations teams to meet the needs of investors and prospects. The individual will have a wide scope of responsibilities as outlined below and begin as a generalist, working across the entire suite of PIPCO products, with the opportunity to specialize as their career progresses. Responsibilities: Assist in managing fundraising processes Manage capital formation activities, such as drafting legal documents, launching datarooms and creating marketing materials Liaise with portfolio managers and sales force, legal, finance, and operations teams to deliver materials and respond to requests for proposals (“RfPs”), manage prospect follow-ups, as well as answer client/prospect inquiries Manage fundraising activity across distribution channels Update fund marketing materials and other ongoing prospect communications Provide sales with tools that they need, such as content, customized materials and education of the product Work closely with investment teams to provide communication and updates internally and externally during fundraising processes Perform quantitative analyses and research Serve as a resource for the broader Neuberger Berman sales teams for PIPCO related matters Handle logistics related to closing including coordination with sales, legal, subscription and clients Organize and coordinate onsite meetings for clients Manage PIPCO platform data Track and maintain LP commitment data Track investment activity and performance across products Help manage public exposure through our annual meeting, industry conferences, databases and seminars. Qualifications: Undergraduate degree in economics or finance At least 1-2 years of relevant professional experience for an analyst (i.e., experience with investment banking, secondary firm, placement agent or consulting) Excellent academic credentials Ability to multi-task, team-player attitude and a desire to work on a wide range of projects and manage them effectively Strong organizational skills Remarkable attention to detail Strong judgment, maturity and critical thinking skills Excellent communication, and ability to articulate and present ideas effectively both orally and in written form Initiative and creativity in approach to problem solving and to be resourceful Exhibits strong dedication to the job and takes ownership of deliverables Initiative and creativity in approach to problem solving Ability to move quickly up the learning curve Compensation Details The salary range for this role is $80,000-$100,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in New York City. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, shift, travel requirements, sales or revenue-based metrics, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees. Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law. Neuberger Berman is an equal opportunity/affirmative action employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com. Learn about the Applicant Privacy Notice. Founded in 1939, Neuberger Berman is a private, independent, employee-owned investment manager. From offices in 39 cities worldwide, the firm manages $436 billion in client assets (as of March 31, 2023) across a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. Tenured, stable and long-term in focus, the firm has built a diverse team—including 700-plus investment professionals and more than 2,700 employees in total—united in their commitment to delivering client outcomes and investment excellence. It is our people who define our culture and have enabled us to be recognized by Pensions & Investments as the first or second "Best Place to Work in Money Management” for last eight consecutive years (firms with 1,000 employees). EQUITY, INCLUSION & DIVERSITY Neuberger Berman strongly embraces the principles of Equity, Inclusion and Diversity (“EID”) — they are deeply engrained in our culture and are a fundamental part of our long-term business strategy. We firmly believe in fostering an environment, in which all of our people are respected and have an equitable opportunity to flourish and be their best selves. We believe having a diversity of perspectives strengthens our ability to deliver attractive outcomes for our clients and makes us a better organization. Empowering is about our people having a voice and the ability and autonomy to contribute materially to the firm. As an employee-owned firm, we lean heavily on employee feedback and guidance, including through a series of surveys (e.g., our anonymous employee engagement survey and topic specific pulse surveys). We also provide many opportunities to contribute outside of the day-to-day, including through cross functional committees and firm-wide projects. Developing is about our people having the resources, tools, and experiences to grow professionally and personally. As part of this, our colleagues and managers can leverage a broad array of offerings on our HCM Learning platform as part of a personalized career path plan that focuses intently on individual circumstances and objectives. Supporting is about our people having the opportunity to be themselves, connect within NB and live a balanced life. Our Employee Resource Groups help to drive a greater sense of fellowship and build stronger connections across our firm. Through NB Wellness, NB Impacts (philanthropy) and Employee Investment Solutions (financial wellness), we take a holistic approach to ensure our colleagues have the resources they need to realize their personal goals. Our people and our culture are our greatest assets. We remain deeply committed to our EID values and to ensuring Neuberger Berman remains a best-in-class place to work. 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