Head of Capital Formation

About Allocator One Group

Allocator One Group is a global investing and operating platform reshaping how institutional capital reaches private markets. We see roughly 80% of the global first-time GP landscape and back the top 3% before the wider market does. Over two vintages that portfolio has produced 17 unicorns.

• Allocator One anchors emerging managers: $1–10m in VC funds, $2–15m in buyout funds, plus single-deal SPVs.

• Infra One is our AI-native fund operations platform, live across the UK, US, Austria and Germany.

Fund II (250m) has held its first close. Fund III (500m) comes next. We are hiring the person who closes both.

This is not a stewardship role. It is a build role. You will own Allocator One's capital formation from first meeting to signed sub docs, and turn a founder-led raise into an institutional fundraising machine.

Your responsibilities

The Raise

• Lead Fund II to final close, then design and run the Fund III raise

• Own the pipeline across pensions, insurers, endowments, foundations, family offices, sovereigns, consultants, wealth platforms and strategic LPs

• Lead term negotiations, side letters, MFN processes and closings with Legal

The Narrative

• Own the emerging-manager thesis in the market: the deck, DDQs, data room and our Alpha Industry Report

• Turn our data advantage, the largest deal flow in the category, into LP-grade evidence on returns and loss ratios

• Represent us on panels, at LP conferences and in CIO meetings

The Machine

• Build the capital formation team (IR and the Growth & Intelligence Associate) and set targets and coverage

• Run the raise on our stack: CRM, Ori (our in-house AI), automated follow-ups and diligence. No spreadsheet archaeology.

• Bring LP feedback back into product design: co-invest, SPVs, the multi-layer platform offering

The Franchise

• Turn Fund II LPs into Fund III re-ups, and Fund III LPs into platform partners

• Sit in the partnership and help shape where the group goes next

Requirements

• 5+ years raising capital for private funds, at a GP, FoF, placement agent or institutional allocator. Allocators moving to the manager side are welcome.

• A track record of personally closing nine-figure commitments

• Warm relationships with European institutions and family offices. US, Middle East or APAC reach is a plus.

• Fluency in FoF economics, J-curves, DPI and portfolio construction

• Refining and automating: you prefer automating the funnel to growing headcount

• English is a must. German is a plus.

• Location: This is a hybrid position, with Vienna, London, or Berlin as preferred locations. However, being based in one of these cities is not a requirement.

Why this role matters

Every euro you raise becomes the first cheque for an emerging manager who otherwise could not get a fund off the ground. Fund II and Fund III together are 750m of anchor capital. That moves the whole category.

Allocator One is not for the faint-hearted. If you want to build the capital engine behind the next generation of fund managers, talk to us.

What else we offer

• Partner title and a seat at the table with the founders

• A platform, data and tooling behind you from day one

• "No assholes allowed" culture, high trust, high ownership

Compensation and ownership

• Base: €180,000–€240,000 gross annual salary for the Vienna role, calibrated to experience. London compensation will be agreed in GBP.

• Annual bonus: target of 100% of base, up to 200% for exceptional delivery against agreed objectives. It rewards completed fundraising and the build-out of a repeatable institutional capital-formation function, with attribution and payout rules agreed upfront.

• Carried interest: participation in Fund II, plus a documented conditional allocation in Fund III, subject to vesting and fund terms.

How to apply

Send a short note (no cover letter theater) about the hardest commitment you ever closed: what was blocking it, and how you got it signed.