Product Manager - Alternative & Private Funds

The needs of the asset owner community which includes pensions, insurance companies, endowments, family offices, sovereign wealth funds and their advisors continues to evolve. Making strategic and tactical asset allocation decisions continues to be a major focus while selecting outside managers and identifying alternative investments (private equity, private credit, hedge funds, real estate, infrastructure) to fill allocation sleeves has become an increased focus of their workflow.

Bloomberg’s Companies, Markets & Analysis team is focused on developing data and analytics that help clients refine their market outlook in support of asset allocation decisions, tie their outlook to investment selection, and research ETFs, public and private funds to meet these allocation needs.

We are looking to hire a product manager to focus on refining and managing our strategy regarding private/alternative funds with a particular focus on the perspective of the asset owner and the fund issuer. We will look to you to develop and coordinate a strategy that ensures the Terminal is delivering maximum value to this customer base in a coordinated manner with our Enterprise businesses. You will work with other internal stakeholders to ensure we are prioritizing our efforts appropriately around private funds, alternative investments private companies, and public funds and ensuring we are building product that supports entitled client data as deemed necessary as well as cross-Bloomberg interoperability including with our portfolio management solutions. You will identify what private and alternative fund data our clients require and work with our data organization to develop a strategy for procuring it including implementing an entitlement system as needed.

You will collaborate with other relevant product teams across the Core Terminal as well as with our Enterprise Products, Global Data, Data Sales and Engineering teams.

• Work with our asset owner, advisory and fund management clients, sales force, and other internal stakeholders to define and sell management on a strategy that ensures the Terminal meets the needs of these clients and supports our corresponding Enterprise Products strategy
• Maintain a product roadmap which considers ROI, cost of build and time to market
• Develop strong relationships with other internal stakeholders across Bloomberg
• Develop metrics to measure business impact and success
• Keep tabs on the competitive environment and client trends
• Lead an agile development process through JIRA including drafting of stories, identifying acceptance criteria & staging incremental releases
• Partner with Engineering and Data Operations to ensure deliverables are well understood and delivery achievements are met
• Keep internal stakeholders advised of progress throughout the development lifecycle
• Work with Marketing and Sales to promote releasable product to clients and to help build Bloomberg’s brand

• 7+ years of product management or other relevant experience working with private funds and alternative assets
• Proven understanding of the asset owner workflow
• Prior experience or knowledge of financial markets across multiple asset classes within private markets and alternatives
• Experience working with public and private fund data and analysis (hedge funds, private equity, private credit, SMAs) and other alternatives including real estate and infrastructure
• Understanding of the general partner / limited partner relationship regarding private funds and alternatives

• Ability to think strategically & break strategy into tactical deliverables with near term value
• Existing relationships with asset owners as well as public and/or private fund management companies
• Understanding virtual deal room, investor relations workflows & competitive landscape
• Understanding the process of institutional co-investing
• Knowledge of fund performance analytics against a custom benchmark
• Working knowledge of Bloomberg & other software servicing Asset Owner workflow
• A detailed understanding of the competitive landscape
• Record of collaborating across multiple team’s while being a leader for the business
• Ability to communication effectively with both internal and external stakeholders
• Experience in product management, strong organizational skills, and an ability to connect multiple threads of work

We'll get in touch with you to let you know next steps. In the meantime, check out https://www.bloomberg.com/company/what-we-do/

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