Full-Time

Associate – Business Development

Private Equity

Confirmed live in the last 24 hours

StepStone Group

StepStone Group

501-1,000 employees

Global private markets investment firm

Venture Capital
Financial Services
Real Estate

Compensation Overview

$90k - $115kAnnually

Mid

La Jolla, San Diego, CA, USA

The job is hybrid, indicating that some in-office presence is required.

Category
Business Development
Business & Strategy
Required Skills
Sales
Salesforce

You match the following StepStone Group's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's degree
  • 3+ years of sales experience
  • Private markets experience preferred
  • Salesforce experience is a plus
  • Institutional client engagement experience is a plus
  • Commitment to being a team player
  • Excellent verbal and written communication skills
  • Self-starter who can organize and effectively help execute territory plans
  • Ability to prioritize activities
  • Consistently offer best-in-class engagement
Responsibilities
  • Support the territory manager in covering direct LPs relationships and consultants in the assigned territory
  • Effectively assist in coverage across several states, maintaining a high level of engagement with prospective clients
  • Assist in building qualified pipelines of institutional investors to execute campaigns and roadshows
  • Respond to existing client inquiries in a timely manner
  • Meet annual KPIs and contribute to territory success
  • Maintain and track outreach activity in the firm’s CRM software (Salesforce)
  • Attend regular internal meetings and strategy education sessions
  • Meet monthly with the Global Business Development Coordinator to review activity, pipeline and progress
Desired Qualifications
  • Private markets experience preferred
  • Salesforce experience is a plus
  • Institutional client engagement experience is a plus

StepStone Group manages a large amount of private capital, totaling over $91 billion, with around $24 billion in assets under management. The firm specializes in private markets, focusing on areas such as private equity, infrastructure, real assets, real estate, and private debt. StepStone creates tailored investment portfolios for sophisticated investors by using a disciplined research approach that combines primary investments, secondary investments, and co-investments. This method allows them to provide customized solutions that meet the specific needs of their clients. Unlike many competitors, StepStone emphasizes a research-focused strategy to ensure informed investment decisions. The company's goal is to deliver optimal investment outcomes for its clients by leveraging its extensive market knowledge and experience.

Company Stage

IPO

Total Funding

$8.1B

Headquarters

New York City, New York

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in AI-powered real estate analytics boosts property valuation strategies.
  • Sustainable real estate investments are gaining traction with green building certifications.
  • Expansion in emerging markets offers new growth opportunities in Southeast Asia and Africa.

What critics are saying

  • Increased competition in AI-powered investment strategies from well-funded companies.
  • Potential overexposure to volatile AI and tech sectors due to recent investments.
  • Geopolitical risks in global expansion could impact StepStone's investment returns.

What makes StepStone Group unique

  • StepStone offers customized portfolios using a disciplined research-focused approach.
  • The firm integrates primaries, secondaries, and co-investments for sophisticated investors.
  • StepStone manages over $91 billion in private capital allocations globally.

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Benefits

Health Insurance

401(k) Retirement Plan

Mental Health Support

Paid Vacation

Wellness Program