Product Development - Private Market/Alternatives – VP/Director (Wealth Solutions) | London, UK

Product Development - Private Market/Alternatives – VP/Director (Wealth Solutions)

Title: Product Development – VP/Executive Director (Alternatives into Wealth)

Location: London

A leading global investment management firm that specialises in delivering innovative investment solutions across public and private markets is seeking a Product Development VP/Executive Director to join their team, focusing on wealth market products across our private, alternative, and illiquid asset classes. With investment professionals strategically located throughout Europe, North America, and Asia Pacific, they focus on meeting their clients' diverse investment and capital needs through a variety of products.

The successful candidate will help drive the firm's growth by developing commercially viable products and fostering cross-business collaboration.

Responsibilities:

Product Development & Management

• Serve as the primary liaison for the Private Asset investment teams, overseeing the complete lifecycle of investment products
• Lead product development initiatives for Private/Alternative assets in the wealth market
• Conduct proactive market research and analysis to inform new product proposals
• Drive fund launches and restructuring efforts, including documentation and financial modeling
• Coordinate with diverse stakeholders including Client Portfolio Managers, Legal, Compliance, Sales, Operations, Investment, Finance, and Risk teams

Market & Technical Expertise

• Monitor and analyse market trends across private/alternative assets and the Wealth sector to guide product innovation
• Maintain deep knowledge of fund commercial terms and mechanics, including subscription, redemption, and liquidity terms
• Stay current with regulatory developments affecting Private Assets in Wealth products
• Provide expert guidance on ESG guidelines and evolving regulatory requirements

Stakeholder Management

• Present product development and innovation proposals to senior leadership
• Champion Private Assets/Wealth products internally while maintaining strong partnerships with key stakeholders
• Collaborate with external counsel, fund administrators, service providers, and investors
• Act as the primary investment team representative for product-level activities, including fund economics and investment restrictions
• Research and communicate product trends and innovations, particularly regarding fund economics
• Develop strategies for vehicle and product innovation based on market analysis

Requirements

• Minimum 10 years' experience in investment fund management
• Strong understanding of Private/Alternative Assets for Wealth channels across North America, Europe, and APAC
• Comprehensive knowledge of AIFMD, European fund structures, and product strategy
• Familiarity with Part II UCIs, ELTIFs, LTAFs and similar investment structures
• Advanced proficiency in Excel, Word, etc.
• Exceptional project management and organizational abilities
• Strong numerical aptitude with meticulous attention to detail
• Strong communication skills, both written and verbal