Principal of Investments

Long Ridge Partners
New York, NY

The Client:

  • Our client is one of the largest alternative asset managers. They are looking to hire a Principal of Investments on their $90bn multi-asset investing platform.


The Role:

  • The client is seeking a Senior Allocator to join the multi-asset investing leadership team. This is a high-impact role responsible for the deployment of capital into external managers and co-investment opportunities. The successful candidate will be a key architect of the portfolio, identifying "best-in-class" talent and strategies to drive risk-adjusted returns across the $90B platform.

Key Responsibilities include:

  • Strategic Allocation: Lead the sourcing, due diligence, and selection of external hedge fund managers and specialized investment partners.
  • Portfolio Construction: Direct the weighting and rebalancing of multi-strategy portfolios, ensuring optimal diversification across Absolute Return and Opportunistic mandates.
  • Manager Monitoring: Maintain high-level relationships with underlying managers, conducting rigorous ongoing quantitative and qualitative performance assessments.
  • Liaising with Clients: Conduct recurring client meetings to discuss portfolio performance and attribution, opportunity set, and client objectives.


Candidate Profile:

  • 10+ years of experience in fund-of-funds, OCIO, an endowment/foundation, or a sophisticated multi-manager platform.
  • Executive Presence: Exceptional communication skills, with the ability to represent the firm at the highest levels of the global investment community.
  • A passion for global financial markets and hedge funds, and an understanding of different strategies that hedge funds employ

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