Investments

Fund & Co-Investment Research Associate

Palo Alto, California
Work Type: Full Time

Fund & Co-Investment Research Associate

About Allocate

Allocate is transforming private market investing by enabling wealth advisory firms to seamlessly build and manage high-quality private market programs. 

About the Role

We're seeking a Fund & Co-Investment Research Associate to join our Private Investments team. This isn't a traditional allocator role, as you'll be a critical connector between world-class fund managers, wealth advisory CIOs, and help build and manage our technology platform.

You'll evaluate venture capital and private equity opportunities, conduct manager diligence, and spend significant time with wealth advisor investment teams discussing curated deals. You need to deeply understand opportunities, answer sophisticated questions, and provide clear, accurate analysis that helps clients make confident investment decisions.

Equally important, you'll own the completeness and accuracy of our platform content, ensuring all investment materials, copy, and compliance documentation stay current.

Key Responsibilities

Investment Research & Diligence: Conduct quantitative and qualitative research on private market managers and co-investment opportunities across venture capital, private equity, and adjacent asset classes. Prepare balanced investment analysis and recommendations.

Client Engagement: Spend substantial time with wealth advisor CIOs and their investment teams discussing curated opportunities. Field detailed questions, articulate investment theses, and provide real-time analysis that demonstrates deep command of each deal.

GP Relationship Development: Build and maintain relationships with fund managers, including structuring conversations, access discussions, and ongoing partnership development.

Platform Completeness: Own platform content integrity—ensure investment materials are updated, copy is accurate and compliant, and all client-facing documentation meets our quality standards.

Sourcing & Pipeline Development: Proactively source differentiated fund and co-investment opportunities through targeted outreach, industry relationships, and market intelligence.

Cross-Functional Collaboration: Partner with product, technology, and operations teams to refine platform capabilities and enhance the client investment experience.

Portfolio Monitoring: Support post-investment updates, quarterly reporting, and ongoing portfolio analytics for client transparency.

Market Intelligence: Develop insights and content that position Allocate as a leading voice in private markets.

Qualifications

Experience & Knowledge:

  • 3+ years of experience in venture capital, private equity, wealth management, investment banking, or related fields

  • Deep industry knowledge of the VC/PE ecosystem, fund structures, and how institutional platforms operate

  • Strong understanding of private markets and alternative investments

Skills & Attributes:

  • Hustler mentality: Proactive, resourceful, and self-directed—you don't wait to be told what to do

  • Exceptional communication: You can explain complex investment concepts clearly and handle sophisticated Q&A with institutional allocators

  • Highly personable: You build authentic relationships with both GPs and wealth advisory teams

  • Commercial mindset: You think about client needs, platform scalability, and growth

  • Startup DNA: You thrive in fast-paced environments, embrace ambiguity, and move quickly

  • Meticulous attention to detail: You ensure accuracy and compliance across all materials

  • Analytical excellence: You combine quantitative rigor with qualitative judgment

Not a Fit If You're:

  • A pure allocator looking for a traditional fund-of-funds seat

  • More comfortable with analysis only role than relationship-building and client engagement

  • Seeking a slow-paced, process-heavy environment

  • Unfamiliar with how technology platforms operate

Why Allocate?

  • Shape the infrastructure layer for an entire industry

  • Ability to immediately work with top VCs and PE firms, along with CIOs in the wealth advisory world. 

  • Allocate is one of the fastest-growing platforms in private markets.

  • Palo Alto office in the heart of the venture ecosystem

  • High impact, high visibility work with real ownership and autonomy

Additional Information

  • Location: Palo Alto, CA. Must be able to work in-office 4 days a week. 

  • Compensation: $160K-$200K base + bonus + stock equity

  • Benefits: Medical, dental, vision, 401(k), responsible time off

  • Employment: Full-time

Compliance: This role is subject to Allocate's Code of Ethics and all related compliance obligations.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire. Must have legal authorization to work in the U.S. now and in the future without visa sponsorship.

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