Portfolio Manager (Fund of Funds)

Join Equi, a rapidly growing firm in the alternatives space, as a Portfolio Manager (Fund of Funds). In this leadership role, you will report directly to the Chief Investment Officer and serve on the Investment Committee. Your responsibilities will include sourcing, underwriting, and monitoring hedge fund managers, contributing to portfolio construction and optimization decisions, and managing a junior quant researcher. You will have a direct voice in capital allocation and strategic direction, with a clear path to broader responsibility as the funds platform scales.

• Sourcing, underwriting, and monitoring hedge fund managers while contributing to portfolio construction and optimization decisions.
• Leading comprehensive due diligence on hedge funds, hybrid strategies, and private credit managers—evaluating investment edge, team quality, risk management, and operational infrastructure.
• Owning the portfolio risk function—developing and maintaining risk frameworks, factor exposure analysis, and concentration monitoring across the fund of funds.
• Equi is seeking a high-trajectory investment professional with a genuine passion for investing who wants to develop alongside a rapidly growing firm building differentiated products in the alternatives space
• This is an opportunity for a high-trajectory investment professional with a genuine passion for investing who wants to build something meaningful
• We're looking for someone who wants to build, both the portfolio and the firm
• Excellent communication skills, able to articulate investment theses and risk considerations clearly to both sophisticated investors and internal stakeholders
• Deep understanding of hedge fund strategies, fund structures, liquidity terms, and operational requirements across pooled vehicles, SMAs, and swap structures
• Strong AI proficiency, ability to leverage AI tools to enhance research, analysis, and workflow efficiency
• Genuine passion for investing and markets—intellectually curious, always learning, and deeply engaged with investment ideas
• Investment operations knowledge including subscription/redemption processes, NAV reconciliation, capital call management, and coordination with fund administrators and custodians
• Experience with portfolio analytics, factor analysis, and performance attribution
• Experience with portfolio risk management including stress testing methodologies, scenario analysis, and managing through periods of market stress or fund-level gates
• Strong liquidity management experience—understanding of fund-level redemption terms, notice periods, gates, lock-ups, and how to construct portfolios that balance return optimization with liquidity needs
• Strong technology aptitude; coding or data analysis experience a plus
• Prior experience managing or mentoring junior team members
• CFA or CAIA designation a plus
• Strong analytical capabilities and ability to synthesize complex information into actionable recommendations
• Master's degree in Finance, Economics, or related quantitative field preferred
• 5+ years of experience in hedge fund allocation, either as an allocator (fund of funds, endowment, pension, family office) or in a senior advisory/consulting role
• Trading experience a plus, particularly for management of portable alpha or overlay strategies
• Track record of successful manager evaluation and investment recommendations