Head of Business Development, Ancora Alternatives
Ancora Holdings Group, Mayfield Heights, OH, United States
Ancora Alternatives
is seeking a growth-oriented and entrepreneurial Business Development Professional with a demonstrated track record of raising institutional assets for hedge funds to be its Head of Business Development. This individual will lead institutional capital formation and investor relations efforts and play a critical role in driving AUM growth across our alternative investment platform.
Leveraging extensive expertise in institutional capital raising, fundraising, and hedge fund distribution, the successful candidate will proactively engage all types of global investors including but not limited to Endowments, Pensions, Foundations, Fund-of-Funds, Sovereign Wealth Funds, Single and Multi-family offices, RIAs, investment consultants, and High-Net-Worth clients to secure new and expand existing relationships. This individual must bring a demonstrated track record of raising hedge fund assets at previous professional positions.
This is a high-impact role designed for a performance-driven professional committed to building strategic partnerships and contributing directly to the long-term growth objectives of Ancora Alternatives. The Head of Business Development will work in conjunction with the investment team to develop investor relationships with the goal of driving growth in hedge fund assets under management. The primary focus of the role will be to grow AUM of the existing hedge fund private partnerships.
Location This position is based out of Ancora’s Cleveland (Mayfield Heights), Ohio, office.
The position does require travel.
Remote candidates will be considered.
Duties & Responsibilities
Lead institutional capital raising efforts across the firm’s hedge fund strategies
Develop and execute a strategic growth plan for all global investors including but not limited to Endowments, Pensions, Foundations, Fund-of-Funds, Sovereign Wealth Funds, Single and Multi-family offices, RIAs, investment consultants, and High-Net-Worth clients.
Cultivate and expand relationships with investment consultants, gatekeepers, and institutional allocators.
Manage the full institutional sales lifecycle, including prospecting, consultant screenings, RFP/RFI processes, due diligence meetings, and investment committee presentations in conjunction with the Ancora Alternatives investment team.
Drive measurable AUM growth through new investor acquisition and expanded allocations from existing clients.
Partner closely with investment team to refine messaging and position the firm competitively.
Maintain a disciplined pipeline management process with accurate forecasting and reporting.
Represent the firm at industry conferences, consultant meetings, and institutional events nationwide.
Qualifications
7+ years of institutional capital raising experience within alternative asset management with demonstrated track record of raising hedge fund assets
Proven track record of successfully raising institutional assets for hedge fund strategies.
Established relationships with institutional investors and investment consultants.
Significant business development experience within the asset management sector, specifically focused on alternative investments and hedge funds.
Experience as former lead (or co‑lead) of business development / institutional marketing
Strong executive presence with the ability to engage investment committees and boards.
Bachelor’s degree required; MBA and/or CFA preferred.
Relevant FINRA licenses (Series 3, 7, 63, 79, or 82) preferred or willingness to obtain.
Growth‑focused, results‑oriented mindset
Entrepreneurial drive with disciplined execution
Strategic relationship builder
High level of credibility with sophisticated institutional investors
Deep knowledge of go‑to‑market strategy specific to asset management and internal capabilities
Collaborative team player aligned with firm‑wide growth initiatives
Communication skills – both client‑facing and internally
Ancora offers a competitive salary and excellent benefit package with a culture of teamwork and recognition.
Equal Opportunity Employer Ancora is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability, or any other basis protected by applicable law.
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is seeking a growth-oriented and entrepreneurial Business Development Professional with a demonstrated track record of raising institutional assets for hedge funds to be its Head of Business Development. This individual will lead institutional capital formation and investor relations efforts and play a critical role in driving AUM growth across our alternative investment platform.
Leveraging extensive expertise in institutional capital raising, fundraising, and hedge fund distribution, the successful candidate will proactively engage all types of global investors including but not limited to Endowments, Pensions, Foundations, Fund-of-Funds, Sovereign Wealth Funds, Single and Multi-family offices, RIAs, investment consultants, and High-Net-Worth clients to secure new and expand existing relationships. This individual must bring a demonstrated track record of raising hedge fund assets at previous professional positions.
This is a high-impact role designed for a performance-driven professional committed to building strategic partnerships and contributing directly to the long-term growth objectives of Ancora Alternatives. The Head of Business Development will work in conjunction with the investment team to develop investor relationships with the goal of driving growth in hedge fund assets under management. The primary focus of the role will be to grow AUM of the existing hedge fund private partnerships.
Location This position is based out of Ancora’s Cleveland (Mayfield Heights), Ohio, office.
The position does require travel.
Remote candidates will be considered.
Duties & Responsibilities
Lead institutional capital raising efforts across the firm’s hedge fund strategies
Develop and execute a strategic growth plan for all global investors including but not limited to Endowments, Pensions, Foundations, Fund-of-Funds, Sovereign Wealth Funds, Single and Multi-family offices, RIAs, investment consultants, and High-Net-Worth clients.
Cultivate and expand relationships with investment consultants, gatekeepers, and institutional allocators.
Manage the full institutional sales lifecycle, including prospecting, consultant screenings, RFP/RFI processes, due diligence meetings, and investment committee presentations in conjunction with the Ancora Alternatives investment team.
Drive measurable AUM growth through new investor acquisition and expanded allocations from existing clients.
Partner closely with investment team to refine messaging and position the firm competitively.
Maintain a disciplined pipeline management process with accurate forecasting and reporting.
Represent the firm at industry conferences, consultant meetings, and institutional events nationwide.
Qualifications
7+ years of institutional capital raising experience within alternative asset management with demonstrated track record of raising hedge fund assets
Proven track record of successfully raising institutional assets for hedge fund strategies.
Established relationships with institutional investors and investment consultants.
Significant business development experience within the asset management sector, specifically focused on alternative investments and hedge funds.
Experience as former lead (or co‑lead) of business development / institutional marketing
Strong executive presence with the ability to engage investment committees and boards.
Bachelor’s degree required; MBA and/or CFA preferred.
Relevant FINRA licenses (Series 3, 7, 63, 79, or 82) preferred or willingness to obtain.
Growth‑focused, results‑oriented mindset
Entrepreneurial drive with disciplined execution
Strategic relationship builder
High level of credibility with sophisticated institutional investors
Deep knowledge of go‑to‑market strategy specific to asset management and internal capabilities
Collaborative team player aligned with firm‑wide growth initiatives
Communication skills – both client‑facing and internally
Ancora offers a competitive salary and excellent benefit package with a culture of teamwork and recognition.
Equal Opportunity Employer Ancora is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, disability, or any other basis protected by applicable law.
#J-18808-Ljbffr