VP, Head of Data Products

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.

Created: 2024-11-05