Director of Member & Industry Affairs - ILPADepartment: External Vacancy
The Company
The Institutional Limited Partners Association (ILPA) is a global organization of institutional investors in private equity. With highly regarded members and a world-class Board, the association is recognized internationally as supporting the needs of the industry by providing a forum for:
- Value-added communication and networking
- Education in the asset class; and
- Research, best practices and performance measurement
The ILPA has:
- A membership of over 230 organizations and 1000 private equity professionals spanning all categories of small and large institutions including: Public Pensions, Corporate Pensions, Endowments, Foundations, Family Offices, Insurance Companies
- International representation from North America, UK, Europe, Asia, and the Middle East
- A membership that represents well over US $1 Trillion in private equity assets under management
The Position
Reporting to the Executive Director and as a senior member of the management team, the Director of Member & Industry Affairs will serve as a member and industry conduit of the ILPA.
This position will canvass ILPA membership as well as relevant external groups to identify and understand issues and events that have an effect on (or could have an effect on) private equity investing or its participants. The Director of Member & Industry Affairs is then responsible for the timely transfer of this information and their assessments of such to members, ILPA team leaders and the Executive Director. This continuous emphasis on key issues for the membership and the communication of same to the team will ensure alignment of focus and strategy across the organization.
In concert with other ILPA team members and their respective programs, the Director of Member & Industry Affairs will be responsible for implementing ILPA responses to the more salient or actionable findings and events. As a natural extension of central responsibilities, the position will also be responsible for membership development. This will entail direct communication with members and potential members regarding strategic development programs impacting the broader membership base as well as issues more specific to members or potential members (i.e. by geography or investor type). The position will elevate ILPA’s external profile and role in Private Equity affairs that shape the industry.
With a keen awareness and understanding of the multifaceted issues impacting private equity and the perspectives of the limited partners, the ideal candidate will understand the importance of the alignment of interests between general partners and limited partners. This role will be filled by a professional that can demonstrate creativity and resourcefulness in developing solutions. The ideal candidate will have existing industry relationships that span the functional, regulatory and investment aspects of private equity across broad industry groups and organizations.
The responsibilities of this role will be global in nature. It is currently expected that this position will be based in Toronto with travel requirements.
Key Accountabilities & Responsibilities:
- Establish and build strong working relationships across the private equity landscape to include members and other practitioners; general partners; regulatory bodies; organizations and associations; those that influence the industry; and service providers and their regulatory or standard-setting bodies
- Gather member and industry “intelligence” pertaining to various issues and geographies to ensure the association is continuously on the forefront of member and industry issues and events
- Work with ILPA team leads to determine which issues will become focus issues and result in communication to members, education programs, research, ILPA monitoring and/or ILPA involvement
- Implement specific ILPA responses to “intelligence” to include development of: communications designed to inform, educate or involve ILPA members or the broader limited partner/practitioner communities; programs to monitor and provide updates of current issues; guidance of research programs (external or via ILPA’s research committee); input and guidance in regard to education programs and similar initiatives
- Lead the Best Practice and Principles Committee and evolve its mandate. Take innovative ideas from concept to implementation and market initiatives to members and other industry participants
- Develop and drive the membership strategy and growth via broader position mandates and resulting relationships and specific membership development, retention and acquisition programs.
- Provide strategic support to the Executive Director, manage staff and overseeing the ILPA’s Best Practice and Principles Committee, Membership Committee and oversee the Research Committee alongside the Research Director
- Offer industry and practitioner insights to the ILPA team as requested and proactively
- Seek out and develop revenue streams to support programs
Experience & Qualifications
- 10+ years senior level private equity experience as a limited partner
- Experience will include demonstrated competencies and understanding across the asset class to include strategic and functional responsibilities
- A background that includes lead participation and/or development of programs that support the long term sustainability of the asset class
- Ability to leverage existing industry relationships that span the functional, regulatory and investment aspects of private equity across broad industry groups and organizations
- Global relationships and investing acumen is highly desirable
- Experience as a key contributor to business strategy and the where-with-all to be a lead member in executing the business plan
- Have had success partnering with colleagues across the business and are viewed and respected as a leader and coach
- Demonstrated management/leadership abilities, including training, team building, and administration
- A track record of strong relationship building with both internal and external stakeholders
- A post graduate degree, CFA, JD and/or CAIA charter is preferable. Further, the successful candidate will be required to continue to supplement their private equity education and industry knowledge via formal/accredited programs
For more information on this role, please contact
Sandra Vansevenant, find* executive search
1-416-483-0955 | sandra@findinc.ca
