Core Operations Associate
About the job
- Bachelor’s degree in Business, Finance, Accounting, Economics, Engineering, or related field
- 4-7 years of relevant experience (or strong entry-level profile with operations aptitude)
- Strong Excel skills; comfort with structured data and attention to detail
- Strong communication skills and ability to collaborate across teams
- Problem-solving mindset with willingness to learn new systems and processes
- High ownership and execution discipline
- Comfortable working in a fast-paced environment
- Support daily operational execution across assigned workflows, including data checks, reconciliations, and exception management
- Assist in trade lifecycle support activities and operational coordination required to meet daily and periodic deliverables
- Support cash and position reconciliations and investigate breaks by coordinating inputs and documenting findings
- Coordinate with internal stakeholders and external partners to validate operational data and resolve issues
- Prepare and maintain recurring operational reporting and trackers with strong accuracy and timeliness
- Support audit readiness through documentation, evidence capture, and adherence to supervisory checks
- Participate in process improvement initiatives by identifying manual steps and proposing streamlined approaches
- Adopt workflow tools and AI-enabled solutions as they are rolled out, ensuring correct usage and control discipline
- Build SME depth in the specific operational domain assigned (fund, process, or pod) and take increasing ownership
- Operate effectively in a fast-paced environment with multiple parallel tasks and tight deadlines
About the company
Future Standard operates as a Philadelphia-based private markets investment platform serving the U.S. middle market. It manages capital across private equity, credit, real estate, infrastructure, and multi-asset strategies, including direct investments, primary and secondary private equity, and tailored financing. Its private equity activities cover buyouts, venture capital, growth equity, and special situations, while its credit arm supports middle-market companies across the capital structure. The goal is to provide comprehensive capital solutions for middle-market businesses and grow assets under management by offering a broad set of strategies under one platform.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Philadelphia, Pennsylvania
Founded
N/A
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Simplify's Take
What believers are saying
- September 2026 newsroom updates show active dealmaking and fundraising momentum.
- Edwin Conway became CEO on July 14, 2026, sharpening leadership after Forman.
- Chris Keogh joined to deepen institutional and wealth distribution before autumn 2026.
What critics are saying
- Moody's cut FS KKR Capital Corp to Ba1 in March 2026.
- Non-accrual loans reached 5.5% at end-2025, pressuring returns and borrowing costs.
- KDC control option and Velonex integration create execution risk across two acquisitions.
What makes Future Standard unique
- Future Standard runs middle-market private equity, credit, and real assets on one platform.
- June 2026 PASF V closed at $3 billion, proving secondaries franchise scale.
- August 2026 KDC stake extends into infrastructure development, not just capital allocation.
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Benefits
Health Insurance
401(k) Retirement Plan
Remote Work Options
Hybrid Work Options
Paid Vacation
Paid Holidays
Flexible Work Hours
Wellness Program
Mental Health Support
Phone/Internet Stipend
Home Office Stipend
Professional Development Budget
Conference Attendance Budget
Stock Options
Company Equity
Parental Leave
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 1%2 year growth
↑ 1%Future Standard, a $94 billion global alternative asset manager, has acquired a minority stake in KDC, an infrastructure development and execution firm. The partnership aims to bridge a gap in the market for projects requiring specialised operating support and capital raising to scale. KDC was co-founded by Future Standard CEO Edwin Conway and the Kamine family. The firm focuses on the "missing middle" of infrastructure investing: projects beyond venture capital scale but too early-stage for traditional infrastructure investors. It targets sectors including data, energy security, advanced manufacturing, and critical minerals. Future Standard has an option to acquire control of KDC in the future. The partnership builds on Future Standard's recent acquisitions of Portfolio Advisors and Post Road Group's digital infrastructure teams, and follows the firm's expansion into Asia and the Middle East.
Blue Sea Capital has closed its first continuation vehicle to extend its investment in One Physics, a Maryland-based provider of outsourced medical physics services. The oversubscribed vehicle was led by Apogem Capital, Churchill Asset Management, Dextra Partners and Future Standard, with participation from Abbott Capital and Twin Bridge Capital Partners. One Physics employs more than 210 medical physicists who perform regulatory compliance, testing and certification services for diagnostic imaging, nuclear medicine and radiation oncology equipment. The company serves over 7,000 healthcare client sites across more than 45 states. Since Blue Sea's initial investment in 2019, One Physics has completed 22 acquisitions. The continuation vehicle will provide additional capital for acquisitions and organic growth whilst offering liquidity to certain existing investors. Financial terms were not disclosed.
Future Standard, a global alternative asset manager with $94 billion in assets under management, has appointed Edwin Conway as chief executive officer. Co-founder Michael Forman will transition to full-time executive chairman, focusing on strategic direction, fund oversight, and client relationships. Conway brings over 30 years of experience from senior roles at BlackRock and Blackstone. At BlackRock, he served as global head of the firm's $350 billion alternatives business and led the $4 trillion institutional business. Previously, he was a partner at Blackstone, leading investor relations and business development. The appointment follows significant growth under Forman's leadership, including acquisitions of Portfolio Advisors in 2023 and Post Road Group's digital infrastructure team in 2025. Future Standard expanded globally with new offices in Dubai, Seoul, and Tokyo, whilst opening a new Philadelphia headquarters.
Future Standard, a global alternative asset manager, has closed its PA Secondary Fund V at approximately $3 billion, marking the firm's largest private fund to date. The fund attracted commitments from 350 institutional investors across North America, Europe and Asia. PASF V focuses on acquiring interests in private equity funds through the secondary market, primarily targeting limited partner-led transactions in the North American middle market. The closing represents a milestone in Future Standard's 30-year history and brings the firm's assets under management to $94 billion. Since 2002, Future Standard has deployed over $12 billion in private equity secondaries across various market cycles. Co-Head Justin Lux cited record-breaking secondaries volume as creating "one of the most attractive conditions we have seen in years" for identifying opportunities.
Future Standard, a global alternative asset manager with $94 billion in assets under management, has appointed Chris Keogh as Co-President and Head of Client Engagement and Capital Formation, effective in autumn. He will oversee the firm's global institutional and wealth distribution platform. Keogh joins from Goldman Sachs, where he spent nearly three decades, most recently as Partner and Global Head of the Institutional Client Business in Asset and Wealth Management. During his tenure leading Goldman's institutional business, he oversaw an increase of more than $200 billion in assets under management. The appointment follows Future Standard's recent expansion, including acquisitions of Portfolio Advisors and Post Road Group's Digital Infrastructure team, and new offices in Dubai, Seoul and Tokyo. The firm's assets have roughly doubled during this growth period.