• negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Mondrian Alpha Recruitment Solutions
  • 2018-07-17

COO – $500m AUM Hedge Fund Launch – up to 200k base + bonus + profit share/equity stake

Location:  London, England, United Kingdom
Salary: negotiable

A high profile, Q1 2019 Hedge Fund launch are looking to hire a Chief Operating Officer.

Due to a big-name seed investor, the fund will launch with a $500m+ AUM and have set themselves a H1 2020 target of $1bn AUM, which should be more than achievable. You will build out a non-investment function + hire in a small team. The fund will look to quickly increase its complexity and scope to run bigger risk - the COO will be tasked with accommodating such capacity, in addition to building an internal infrastructure that offer great time and cost efficiencies for the firm. As an extension of this point, you will lead the creation of an overall low-cost base for the firm, develop strong PB relationships for the fund and strike great contracts & relationships with key service providers. The COO will provide a strong ‘sounding board’ for the CIO and PM team. The COO should view this role as being key at the top level of the firm and highly strategic, as opposed to operational (you will hire an Operations Manager soon after launch and outsource as much non-investment processes as possible).

We are looking for an existing hedge fund COO. The preference is to hire a more junior level COO to step up / somebody that isn’t seasoned/moving in to their 4th/5th COO role for example. A solid academic background is preferred. You will have great experience in launching and developing specific funds.

The role will ideally pay a 150k base salary, but the founding partners are offering flexibility up to 200k if necessary. You will be offered an equity stake in the firm, either day one or within a 12-18month target. A discretionary bonus outside of this + immediate involvement in profit share should hopefully make this a very well-paid COO role.

As we are currently working on 3 high profile Hedge Fund COO mandates, feel free to contact us directly in the first instance – CV@mondrian-alpha.com

London, England, United Kingdom London England GB