The Business Development Director will execute fundraising strategies, develop investor relationships, and collaborate with teams to support client engagement at Casdin Capital.
Firm Overview
Casdin Capital, LLC (“Casdin”) is a New York-based fundamental research investment firm focused on the life sciences and healthcare industry. The firm manages a long-short equity fund and invests in early- to late-stage private investments. Casdin was launched in 2012 by founder and CIO Eli Casdin and manages a multi-billion dollar fund.
At Casdin, we start from a position of curiosity, honesty, and passion for gaining a deep and thoughtful understanding of opportunities in the life science ecosystem. We commit to finding the highest quality management teams doing the work to create high-growth companies. We use data to continually advance our knowledge and are long-term investors. We believe in collaboration and transparency and operate at the forefront of innovation.
Position Overview
We offer the ideal candidate an opportunity to significantly impact our AUM and revenue targets. The focus will be on executing a successful fundraising strategy and marketing our product offerings to new and existing investors, expanding the Casdin network over the long run. The ideal candidate has a relentless drive, top-of-the-charts EQ, and is deeply process-driven with a collaborative approach.
Responsibilities
-Develop and execute a go-to-market plan, focusing on marketing our product offerings to new and existing investors in family offices, endowments, and foundations.
-Prospect and develop new relationships with potential investors, using a hunter mindset to focus efforts on the highest opportunities for medium—and long-term investor relationships that align with Casdin’s investment objectives.
-Keep a pulse on the market, capture thoughtful market feedback to support our product development strategy, and document all feedback in a CRM/knowledge database.
-Create and organize marketing campaigns and collateral, providing insights that can be additive to investor-facing marketing materials.
-Play an active role in the execution of investor-facing materials by incorporating market feedback and leveraging internal data and research to support the Casdin narrative.
-Work in close partnership with Research, Finance, and Operations teams to deliver high-quality client service to Casdin Limited partners.
-Organize communications to ensure key decision-makers attend client meetings with organized follow-ups documented in the CRM.
-Organize, attend, and manage the execution of client-facing meetings, coordinating closely with administrative and operational colleagues to ensure the team has appropriate materials to present, travel arrangements are confirmed, and the team has all of the pertinent information about the client.
Requirements/Qualifications
-Preferred candidates will have 5-10+ years of experience and a track record of success selling hedge fund and private investment products to family offices, endowments, foundations, pensions, and consultants.
-Relentless drive to meet fundraising demands while handling competing priorities in a fast-paced environment.
-Superb written and verbal communication skills, with the ability to craft engaging and influential messages for investors, marketing collateral to support investor pitch materials, and regular investor relations touch points.
-Researcher's mentality to discover value in the preparation of digging into a network and identifying connections to leverage introductions to new client prospects.
-Process-driven & detail-oriented with excellent organizational skills to manage each step of the process with an outcome-oriented and collaborative approach.
-Ability to work independently and diligently – can develop a clear ask for what analysis is required to support investor discussions and work with subject matter experts throughout the firm to compile relevant components.
-Deeply organized and efficient in supporting client meetings and marketing events execution.
-Appreciates the value and owns the process of relationship tracking within the CRM.
The minimum and maximum base annual salary for this role is $200,000 to $275,000. Actual base salaries may vary based on factors including but not limited to experience, past performance, education, and other job-related factors. In addition to base salary compensation, we offer a comprehensive benefits package, and successful candidates are eligible to receive an annual discretionary bonus.
