Associate

Three years ago we had a thesis: the best returns are shaped by emerging managers, and nobody had built the machine to find them first. So we built it. We see roughly 80% of new fund managers globally, back the top 3%, and anchor them with day-one capital.

Now comes the bigger cycle. We're hiring one Associate to build the engine behind it: the agents, the models, the market intelligence, the numbers behind every decision. You'll work directly with the founders, reporting to a Founding Partner.

Who we are

Allocator One is the AI-first asset manager for emerging fund managers in private markets. Markets are moving from generalists to specialists, and durable alpha is formed upstream, before the opportunity becomes consensus. Our job is to find it first. We anchor the top 3% of emerging managers and give our LPs day-one access, backed by the largest deal flow in the category. The team is small by design. We build our own tools, and we expect you to do the same.

Tasks

This is not a support role. It sits where investor relations, financial analysis, and technology meet, and your job is to make a small team operate like a much larger one.

General responsibilities:

• Identify workflows that can be automated and build the agents that do it. You don't do the busywork. You build the AI that eats it.
• Build and defend the fund return models (MOIC, IRR, DPI, carry, fees). Every assumption is yours to own.
• Turn our deal flow, the largest in the category, into market intelligence: which strategies are forming, where specialist alpha is emerging, what the data says before it becomes consensus. This is why LPs work with us, and you build the analysis behind it.
• Shape the LP portal into how our investors experience us: portfolio, performance, data rooms, and market intelligence in one place.
• Own LP relationships end to end: onboarding, due diligence, follow-ups.

Requirements

Your skills and qualifications:

• You've shipped things without being asked twice. Titles matter less than proof.
• Strong quantitative skills, with the ability to build and defend a financial model without hand-waving.
• Genuine fluency with AI tools, including prompt and context engineering, and a track record of using them to automate real work.
• Process-driven, with a low tolerance for stale or inaccurate data.
• Excellent written and verbal communication skills.
• Fluent in English; German is a strong plus given our Vienna base.

One thing to know before you apply: we don't build what we build without giving it all. If that excites you, keep reading. If it scares you, all good, not for you.

Benefits

• Full-time, in-office in Vienna or London, with travel for summits and LP/GP events.
• Competitive base salary.
• A fast track to a lead role based on performance.
• Direct exposure to the founders and every major decision across the business.
• A front-row seat to the emerging fund manager ecosystem, the future of venture capital.

There has never been a better time to enter private markets. The field is being rewritten, and we're holding the pen.

Apply with what you've built, not just where you've worked. No recruiters, please.