Operating Partner (all genders)

If you are passionate about advancing the investment world by managing and supporting fund operations, then Allocator One might be the right place for you. Join our team as an Operating Partner and play a pivotal role in growing Allocator One by shaping and ensuring high standards and effective operations.

As a member of our core team, you will work very closely with our founders, key stakeholders, and other experts. You will have the opportunity to learn from and contribute to the team's collective knowledge and expertise, and to participate in all aspects of the Allocator One value chain. The role will report into a Founding Partner.

Note: Allocator One is headquartered in Vienna; therefore, we are looking for someone for this role who can collaborate closely with us on-site. While we support remote work when it makes sense, this position requires the individual to work in our Vienna office for a minimum of 3 days per week.

Allocator One

At Allocator One, we operate a distinctive fund model designed to invest in the most promising first-time fund managers worldwide while optimizing fees. With an eye on the highly favorable prospects for the 2023/2024 fund vintages, our team has accelerated its efforts to seize this unique opportunity. We pride ourselves on being the anchor investor of choice for exceptional first-time fund managers, offering them unparalleled access, expertise, and operational support.

Our focus on first-time fund managers

Allocator One's focus on first-time fund managers is driven by a simple yet compelling fact: historically, top-performing funds with assets under $50 million, led by emerging managers, have delivered returns that are more than 3 times higher over a 10-year horizon compared to their peers of larger fund sizes. Furthermore, the fund vintages of 2023/2024 in our pipeline are poised to enjoy an additional boost in returns. Venture capital funds that originate during economic recessions have consistently achieved returns that are 15%-30% higher compared to those raised in the preceding years, across various performance percentiles.

Optimizing fees and building Partnerships

We believe in optimizing fees while nurturing partnerships with first-time fund managers from the very beginning. Our aim is to enhance investment terms by actively contributing to the success of these funds. Allocator One has already established itself as a global brand in the realm of emerging managers, thanks to our extensive international investor network. In just two months since our launch, we've received over 300 applications, a testament to our commitment to supporting emerging talent. Our team goes beyond traditional investing; we offer to act as "co-builders," incorporating emerging managers into our unique Allocator One program, often likened to a "Y Combinator for Capital Allocators." We provide vital support in areas such as regulation, administration, and structure.

Our founding partners:

Our founders bring a wealth of experience and expertise to Allocator One:

• Felix Staeritz: As the builder of category-leading corporate venture builder FoundersLane, Felix has an impressive track record of founding and exiting successful ventures. He is an active VC/PE investor and serves on the boards and advisory boards of esteemed organizations like the World Economic Forum (WEF), Fraunhofer, and various public and private companies.
• Michael Ströck: Michael is a seasoned entrepreneur with multiple successful exits to his name. He is an alumnus of Y Combinator and has transitioned from a CTO role to a successful investor. Michael has played a pivotal role in establishing three VC funds and is part of a family business now in its third generation.

General responsibilities:

• Own and execute all processes across Finance, Legal, and Compliance to ensure fund operations run effectively.
• Support in analyzing and implementing tactical and strategic initiatives on fund operations, fund structure and tax.
• Work alongside the investment teams on Limited Partner reports.
• Plan and implement processes to improve fund operations and ways of working.
• Stay updated on industry trends and market developments.
• Represent Allocator One at events and networking opportunities.

Your skills and qualifications:

• Degree in Accounting, Business, Finance or equivalent
• Minimum 4 years of experience in the financial services industry, preferably with time in asset management, private equity, or venture capital with 2 years’ experience working with C-suite leaders in operations
• Proven experience working across financial, legal, tax and regulatory aspects of a fund.
• Prior experience on fund setup, structuring and tax matters is ideal
• Detail oriented with strong process management, problem solving and communication skills
• Openness and proactive in broadening knowledge in unfamiliar areas
• High level of integrity and discretion in handling confidential information

• Competitive base salary
• Potential for bonuses and equity
• “No assholes allowed” company culture
• Learn from and grow with experienced colleagues who are eager to share their knowledge

Hiring process:

Initial screen: This initial screen via video-call with a member of our team will be an opportunity for you to discuss your background and experience, and to ensure that you meet the minimum qualifications for the role and the job aligns with your expectations.

Interview with founding partners: If you are a strong candidate, you will be invited to participate in an interview with our founding partners. This will be an opportunity for you to learn more about the company's strategy and culture, and for the partners to get to know you better.

Case study and/or assessment during an on-site work trial day: To get to know each other even better, we invite you to a work trial day at our office in Vienna. To assess your skills and knowledge, we may ask you to complete a case study or assessment.

After the final round interview, the team will review all of the candidates and make a decision on who to offer the position to. The hiring process can take several weeks, so please be patient as we review all of the applications and make a decision. If you are not selected for the role, we will notify you as soon as possible.

Sounds interesting? Then we look forward to receiving your application.