VP, Head of Data Products
New York, NY, United States
Company Description
Tap is modernizing the multi-trillion dollar private fund space. From dams in Sub-Saharan Africa to startups in Silicon Valley, global economic progress is financed through private funds. Limited Partners (LPs) invest in funds that pursue specific strategies, such as infrastructure or venture capital. When these LPs want to change their holdings, they can't open their Charles Schwab account and submit a buy or sell order. Instead, they have to rely on an opaque network of brokers, leading many LPs not to sell at all. Tap is unlocking the ability for LPs to sell their holdings, and for others to buy these holdings in the first secondary market for private fund interests.
Our platform includes a marketplace and transactional tools to help buyers and sellers connect and transact. Today the platform is used by a full range of players - from focused $40M funds, through diversified $500M funds, and $30B mega funds.
Our team of experienced operators comes from Evercore, Carta, Apollo, Bloomberg, and Goldman Sachs. We are backed by leading early-stage VCs, including Fin Capital (the premier fintech fund) and Precursor Ventures (which is run by the Chairman of the National Venture Capital Association). Our angel investors include founders and executives from Carta and AngelList.
You will be joining a lean team moving at breakneck speed to build the digital infrastructure for private fund transactions.
Job Description
We are seeking an experienced private markets operator to create and own Data Products at Tap. Your role will contribute deeply to product development, go-to-market, and strategy. This is a high visibility, high autonomy role working alongside the co-founders to create the first liquid marketplace for the $10T+ locked up in private fund assets.
What you'll do
Act as the cross functional owner of all aspects of Data Products including product development, partnerships, operations, and go-to-market
Establish Tap as the leading source for secondary trading insights for institutional investors and secondaries funds
Partner with LPs, GPs, and data vendors to acquire relevant private fund data over time
Create and maintain models behind valuation estimates, indices, and other Data Products
Iterate with clients, product, design, and engineering to incorporate Data Products into the broader Tap platform
Generate periodic reports and topical research utilizing Data Products
Drive adoption and awareness of Tap by syndicating Data Products into news publications, portfolio management systems, service providers, and other third parties
Devise and structure new data-driven transaction modalities like instant transactions or synthetic trading
Contribute to the big picture of company strategy and vision
Qualifications
Who you are 5+ years of experience as a secondaries buyer or as an allocator at an public or private institution
Deep understanding of private fund investments including the goals of market participants and the mechanics of private funds
Business owner mentality with a willingness to wear multiple hats
Experience working in small, agile teams
Comfortable in a highly dynamic environment
Nice to haves Experience pricing funds in secondary transactions across multiple asset classes
Experience at a startup
Additional Information
About us The team is fully distributed
Flexible hours and paid-time-off policy
Competitive cash & equity package
We foster a collaborative and people oriented culture
Join us in building the leading marketplace for this massive asset class!
All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, marital status, national origin, genetics, disability, age, or veteran status.