Business Development Manager, Private Equity Partners

Carta Carta · Fintech · New York, NY · Business Development

Carta is seeking a Business Development Manager to expand its distribution and market share within the private equity and private credit fund ecosystem. The role involves deepening relationships with existing channel partners and developing new ones, representing Carta as a valuable contributor, and driving penetration of Carta's fund administration products. This includes creating champions for products like fund formation, SPV formation, valuations, KYC/AML, and portfolio insights by partnering with law firms, audit firms, consultants, and other industry players. The role also requires cross-functional collaboration with Product, Delivery, Engineering, Sales, and Marketing to gather industry feedback and influence product strategy. The Business Development Manager will develop and execute strategies to convert partners into preferred relationships, coordinate with the Sales team for mutual client activation, and drive non-linear referral motions. Additionally, the role involves creating awareness of Carta's fund and investor tools, attending industry events, and representing Carta in the field, with up to 25% travel.

What you'd actually do

  1. Create champions for Carta’s fund administration products (fund formation, SPV formation, valuations, KYC / AML, and portfolio insights) for private equity and private credit funds within the investment management ecosystem by partnering with, developing scalable strategies for, and engaging with partners that support upmarket and mid-market private funds
  2. Work cross-functionally with Product, Delivery, Engineering, Implementations, Support, Sales, and Marketing to collect feedback from the industry, relay internally, and drive cross-functional conversations and roadmap for a strategy on deepening our mutual client penetration with preferred partners
  3. Develop and execute strategies to convert partners where Carta does not have deep relationships into preferred partners
  4. Coordinate and work alongside our Sales team to activate mutual books of business with partners
  5. Drive non-linear referral motions with these partners to reliably drive a 50%+ increase in referrals

Skills

Required

  • An outgoing, natural networker with experience in building and maintaining relationships
  • Knowledge of Private Equity and Private Credit funds and the broader industry
  • Familiarity with how partners support private funds
  • Strong communication, presentation, and networking skills, with experience attending industry events

Nice to have

  • Relevant network of contacts within the community, specifically encompassing upmarket private equity funds and private credit funds, and the service providers that support them
  • Prior experience building relationships or servicing funds as an industry partner supporting VC or private equity clients
  • Prior experience managing relationships with high-profile ecosystem partners including investment funds, consultants, compliance providers, industry groups, investment platforms, wealth managers or other technology companies
  • Understanding of fund formation, regulations that apply to funds, fund administration, fundraising, or valuation services.

What the JD emphasized

  • Knowledge of Private Equity and Private Credit funds and the broader industry
  • Familiarity with how partners support private funds
  • Relevant network of contacts within the community, specifically encompassing upmarket private equity funds and private credit funds, and the service providers that support them
  • Prior experience building relationships or servicing funds as an industry partner supporting VC or private equity clients
  • Prior experience managing relationships with high-profile ecosystem partners including investment funds, consultants, compliance providers, industry groups, investment platforms, wealth managers or other technology companies
  • Understanding of fund formation, regulations that apply to funds, fund administration, fundraising, or valuation services.