Full-Time
Junior Portfolio Manager
Idpc, Associate
Posted on 7/16/2025
iCapital Network
1,001-5,000 employees
Fintech platform linking advisors to alternatives
Compensation Overview
$100k - $130k/yr
New York, NY, USA
Hybrid
Hybrid role; on-site Mon-Thu, remote Fridays.
 Finance & Banking (2) |
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- Strong academic credentials and a demonstrated track record of successful work experience
- 2-4 years of post-undergrad investing/leveraged finance experience with an investment management firm, investment banking, private equity/private credit firm
- Strong analytical and modeling capabilities with a fundamental driven approach to investing
- Able to work collaboratively in team environments and strong relationship-building skills
- Excellent communication skills with the ability to synthesize complicated analyses concisely and to articulate insightful conclusions
- Proficient in managing multiple projects simultaneously and meet deadlines
- Knowledge of the legal aspects of credit transactions and able to assess credit risk
- Able to produce high-quality work with a focus on accuracy and thoroughness
- Help prepare investment memos and other relevant analyses to assist in the closing of transactions.
- Monitor the performance of existing investments, identifying potential risks and opportunities, assisting with workouts and restructurings as required.
- Develop and maintain financial models and analyses to assess the creditworthiness of potential borrowers and the performance of portfolio companies.
- Monitor market trends, competitor activity, and industry developments.
- Prepare reports and presentations for investors and other stakeholders.
- Work closely with the Legal, Compliance, Operations, and other teams to ensure smooth transaction, execution and portfolio management.
- Ensure adherence to regulatory requirements and internal policies.
iCapital Network connects financial advisors with high-net-worth investors to access a curated selection of alternative investments, including private equity, hedge funds, and real estate. Its platform streamlines how offerings are discovered, evaluated, and invested, providing access, education, and client support in one interface. The company earns fees from the services it provides, such as platform, management, and performance-based fees based on assets on the platform. Its goal is to simplify and scale access to alternatives for wealth managers and their clients, helping with diversification and potential higher returns through a centralized, advisor-focused experience.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$1.5B
Headquarters
New York City, New York
Founded
2013
Simplify's Take
What believers are saying
- Citi acquisition expands platform to $914B global volume with $228B alternatives assets under management.
- T. Rowe Price and SurgoCap $820M July 2025 funding at $7.5B valuation accelerates technology and data capabilities.
- Cambridge partnership expansion reaches 3,800 financial professionals, driving demand for alternatives among high-net-worth clients.
What critics are saying
- Citi retains distribution control post-acquisition, risking client outflows if integration fails within 6-12 months.
- BlackRock Aladdin Wealth bundles superior private markets data with dominant asset management, eroding 2,900 firm partnerships.
- SEC regulatory crackdown on feeder fund structures triggers forced restructurings, halting launches and alienating high-net-worth clients.
What makes iCapital Network unique
- Operates 2,900+ wealth management firm partnerships with 111,000 financial professionals accessing 2,100+ live funds.
- Acquired Citi Global Alternatives adding 180+ feeder funds across private equity, credit, infrastructure, venture, real estate.
- Feeder fund engine reduces institutional minimums from $5-10M to $25K-$100K, democratizing alternative access.
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Benefits
COmprehensive benefits package - Salary, Equity, Annual Performance Bonus, Employer Matched Retirement Plan
Generally Subsidized Healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling
Unlimited PTO
Parental Leave
Company News
On July 11, 2025, iCapital unveiled an impressive $820 million funding round led by T. Rowe Price and SurgoCap Partners, propelling the fintech to a valuation exceeding $7.5 billion.
iCapital, a NYC-based fintech company offering investment products, raised over $820M with the completion of its latest financing round, at over $7.5 Billion valuation.
iCapital is transforming global investing with innovative fintech solutions, powering scalable access to alternatives and structured investments.
iCapital, a private-markets tech provider, has raised over $820 million, according to a report by the Wall Street Journal.
Expanded relationship will support the growing demand for alternatives among their financial professionals and their high-net-worth clientsFAIRFIELD, Iowa, May 22, 2025 /PRNewswire/ -- Cambridge, a leading independent financial solutions firm serving 3,800 financial professionals across the country, announced it has expanded its relationship with iCapital1, a global fintech platform driving the world's alternative investment marketplace for the wealth and asset management industries. The expanded relationship will provide Cambridge financial professionals with enhanced access to alternative investment vehicles, research, and education.Cambridge's financial professionals can now access the full scope of iCapital's platform including asset class level strategies and products, education, and research insights in alternative investments, driving significant value for financial professionals and their high-net-worth clients."Alternatives have become a critical piece of the portfolio construction process for many high-net-worth investors looking for differentiated investment solutions," said Jeff Vivacqua, President, Growth and Development and member of Cambridge's Office of the CEO. "Through our expanded relationship with iCapital, Cambridge financial professionals will now have access to industry-leading solutions that can support them in meeting the growing demand for these alternative investment vehicles from their clients."In 2023, Cambridge launched its Private Client Solutions (PCS) offering to address demand for HNW and ultra-high-net-worth (UHNW) client solutions from its financial professionals. A major component of those offerings was access to alternative investment vehicles, research, and education. PCS provides Cambridge financial professionals with the resources, solutions, and personal support they need to deliver a customized service experience to HNW and UHNW clients. This expanded relationship with iCapital will further enhance these capabilities.About CambridgeCambridge is a financial solutions firm focused on serving independent financial professionals and their clients while preserving its internal control