Enter a job title or keyword

Business Development Director – Institutional Capital Formation – Client Role

Arootah

Job Location:

New York City, NY - USA

Yearly Salary: USD 180000 - 200000

Posted: 29 September 2026 (3 days ago)

Application Deadline: 27 December 2026

Vacancies: 1 Vacancy

Job Summary

About the Role

Our client a growing alternative investment manager is seeking a Business Development Director to help lead institutional fundraising and capital formation efforts across the U.S. with additional opportunities to develop relationships in Europe.

This is a senior individual contributor role for an experienced fundraising professional with a strong institutional network and demonstrated success raising capital for alternative investment strategies. The individual will own senior LP relationships lead fundraising conversations and help drive capital commitments across the firms investment funds co-investments and future products.

The role will work closely with the CEO and senior leadership and offers the opportunity to play a significant role in the continued growth of the investment platform.

Responsibilities

Drive institutional fundraising and capital formation efforts across the firms investment products funds and co-investment opportunities.
Develop and maintain senior relationships with institutional allocators including pensions endowments foundations insurers OCIOs investment consultants RIAs and family offices.
Leverage existing allocator relationships to generate new capital commitments and expand the firms institutional investor base.
Lead senior-level LP meetings investment discussions due diligence processes and allocation conversations.
Manage institutional relationships throughout the fundraising lifecycle including onboarding ongoing engagement and re-up opportunities.
Partner with senior leadership to develop fundraising strategy product positioning and institutional messaging.
Contribute to investor materials presentations DDQs and other institutional communications.
Provide market intelligence and LP feedback to investment and leadership teams to help inform product development and positioning.
Partner with Investment Legal Finance and Operations teams throughout the fundraising and investor onboarding process.
Represent the firm at relevant institutional investor conferences allocator meetings and industry events.
Selectively develop relationships with European institutional investors and other international capital sources.

Qualifications & Preferred Experience

10 years of experience in institutional business development fundraising investor relations capital formation or related roles within asset management.
Demonstrated track record of raising institutional capital for alternative investment strategies private funds or other sophisticated investment products.
Deep and active network of U.S. institutional investors and allocator relationships.
Strong understanding of institutional fundraising processes LP due diligence and allocator decision-making.
Experience independently developing relationships and converting fundraising opportunities into capital commitments.
Ability to operate effectively as a senior individual contributor while partnering closely with executive leadership and investment professionals.
Exceptional communication presentation and relationship management skills.
Experience raising capital for technology innovation or growth-oriented investment strategies is a plus.
European institutional fundraising experience and relationships are a plus.
Bachelors degree required; MBA CFA or other advanced credential preferred.
Legally authorized to work in the United States.

$180000 - $200000 a year

Compensation will be competitive and commensurate with experience and demonstrated fundraising addition to base salary the position is eligible for a performance-based annual bonus and carry participation.

Benefits may include:

Medical Dental and Vision Insurance
401(k) Retirement Plan
Paid Time Off and Holidays
Professional Development Opportunities
Performance-Based Incentive Compensation

Additional Information

We may use artificial intelligence (AI) tools to support portions of the hiring process including resume review and candidate evaluation. These tools assist our recruiting team but do not replace human decision-making. Final hiring decisions are made by human reviewers.

We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.

Required Experience:

Director

Apply Now