Marsh McLennan · 1 month ago
Product Development Manager – Private Markets Funds
Mercer, a business of Marsh McLennan, is seeking a Product Development Manager to join their rapidly-growing investment solutions team. The successful candidate will lead the design and development of new funds and manage product governance processes while collaborating with various stakeholders across the organization.
Financial ServicesProfessional ServicesService Industry
Responsibilities
Lead the design and development of new funds, ensuring product initiatives follow the appropriate product governance processes and associated approvals are obtained
Partner with investment and distribution teams to define the investment strategy, fund requirements and features (e.g. liquidity features, carry structures, share class features, fee structures)
Lead changes to existing funds, ensuring existing products remain current, appropriate and compliant for clients
Provide technical expertise and advise the business regarding fund structures and processes
Owner of all Fund Documentation including PPMs, LPAs, etc
Presentation of fund initiatives to internal governance forums or Fund boards as required
Monitoring regulatory impacts on funds and determining appropriate actions
Liaise with legal counsel and other stakeholders on fund matters
Develop and maintain market and segment expertise to assist decision making and execution
Qualification
Required
Strong demonstrable experience within a Product Development/Product Management function of an Asset Management firm specialising in private markets
Relevant practical experience in product structuring and fund formation for private markets funds
Comprehensive knowledge of private markets fund structures, specifically closed-ended, evergreen and semi-liquid strategies such as LTAFs and ELTIFs
An in-depth understanding of current regulatory changes and issues impacting the industry
Attention to detail with the ability to prioritise and navigate multiple teams and deliverables
Strong collaborative track record, stakeholder management and communication skills
Energy, tenacity and resilience
Strong academic track record
Benefits
Professional development opportunities
Vibrant and inclusive culture
Company
Marsh McLennan
Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.
H1B Sponsorship
Marsh McLennan has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (2)
2023 (8)
2022 (6)
2020 (11)
Funding
Current Stage
Public CompanyTotal Funding
$11.2B2024-10-30Post Ipo Debt· $7.25B
2024-02-14Post Ipo Debt· $1B
2023-09-06Post Ipo Debt· $1.6B
Leadership Team
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