Portfolio Manager - Vice President
iCapital
Greenwich, CT · Posted July 17, 2026
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Pay compared with the market
This listing does not state pay. Across 76 open portfolio manager listings that state pay, the middle half runs $104,500 to $186,500 and the median is $129,500.
Listed pay is what employers advertise, not what people are paid.
How AI is used in this kind of work
Among financial managers, AI is already used for a large share of the tasks. Measured exposure for financial managers: 39% (high).
Share of this job’s tasks that AI is already used for at work, from real usage. It is not a forecast of job loss, and a low number means no use seen yet. Source: Anthropic Economic Index.
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About the job
About the Role
iCapital is seeking two mid-senior level investment professionals for its portfolio management team, who will each be responsible for building and managing an evergreen portfolio comprised of private equity and/or private real asset investments. Each hire will serve as the primary portfolio manager for a newly launched evergreen, registered fund: one focused on private equity fund investments and co-investments, and one focused on private real assets fund investments and co-investments. These professionals will play integral roles in helping grow iCapital’s evergreen registered fund business.
Responsibilities
Perform due diligence on private equity and private real assets co- and fund investment and co-investment opportunities, as applicable to the relevant fund mandate.
Manage portfolio construction and liquidity across multiple underlying strategies.
Drive overall strategy and play a key role in discussions with existing and potential investors.
Monitor portfolio performance and manage external partnerships with underlying general partners.
Collaborate with internal teams, including Distribution, Finance, Legal, and Compliance.
Qualifications
7-12+ years of relevant experience in private markets investing
Experience participating in fundraising discussions with prospective investors
Familiar with risk management concepts associated with portfolio construction
Experience with private equity or private real assets, depending on the relevant fund mandate
Experience with evergreen and registered offerings is a plus
Experience in the wealth channel is a plus
Strong qualitative and quantitative analytical capabilities
Excellent verbal and written communication skills
Able to problem-solve and make sound recommendations under pressure
Professional and confident demeanor, including comfort interacting with senior industry professionals
Benefits
The base salary range for this role is $160,000 to $220,000. iCapital offers a compensation package which includes salary, equity for all full-time employees, and an annual performance bonus. Employees also receive a comprehensive benefits package that includes an employer matched retirement plan, generously subsidized healthcare with 100% employer paid dental, vision, telemedicine, and virtual mental health counseling, parental leave, and unlimited paid time off (PTO).
We believe the best ideas and innovation happen when we are together. Employees in this role will work in the office Monday-Thursday, with the flexibility to work remotely on Friday.
For additional information on iCapital, please visit https://www.icapitalnetwork.com/about-us Twitter: @icapitalnetwork | LinkedIn: https://www.linkedin.com/company/icapital-network-inc | Awards Disclaimer: https://www.icapitalnetwork.com/about-us/recognition/
iCapital is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, religion, color, national origin, gender, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.