Private Markets Product Strategist and Developer (Hybrid)

Fundfire; Pittsburgh (Allegheny County); Hybrid; USD 115,680 - 214,010; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits package

Professional environment

Job summary

A leading investment management firm is looking for a Private Markets Product Strategist and Developer in Pittsburgh, Pennsylvania. The role involves driving the creation and management of private market investment products. Ideal candidates should have over 6 years of experience in product development within the asset management sector, along with strong project management and investment knowledge. The position includes a competitive salary range of $115,680 - $214,010, depending on experience and location.

Qualifications

• 6+ years of private market product development experience in asset management.
• Experience managing private markets pooled investment product launches.
• Investment knowledge across various strategies in the private markets.

Responsibilities

• Drive the creation and management of U.S. private markets investment products.
• Oversee the product lifecycle from concept through launch.
• Serve as a point of contact for all private-markets product matters.

Skills

Private market product development

Project management

Cross-functional leadership

Investment strategies knowledge

Job description

Private Markets Product Strategist and Developer (Hybrid)

Private Markets Product Strategist and Developer (Hybrid)

Federated Hermes Career Opportunity #9621

New York, New York

Pittsburgh, PA

Since 1955, millions of investors in the United States and around the globe have relied on Federated Hermes, Inc. (NYSE: FHI) for world-class investment solutions. Federated Hermes has grown to become one of the nation's largest investment managers with $871 billion in assets under management including over $20 billion in Private Markets across four asset classes, including infrastructure, private equity, private credit, and real estate.

We are seeking a strategic and collaborative Product Development leader to drive the creation and management of U.S. private markets investment products across private credit, real estate, private equity, and infrastructure. In this role, you will partner closely with Investment Management, Sales, Compliance, Risk, Legal, Tax, and Operations teams to design products that align with client needs, regulatory expectations, and our firm’s responsible‑investment ethos.

You will oversee the full product lifecycle—from concept and market assessment through launch and ongoing evolution—managing complex initiatives, navigating governance processes, and ensuring delivery on time and within budget. Leveraging market intelligence, regulatory insight, and client feedback, you will shape product strategy, respond to industry and regulatory change, and help position Federated Hermes’ private markets offerings competitively in the U.S. landscape.

This role serves as a point of contact for all private‑markets product matters and requires strong project management, cross‑functional leadership, and the ability to balance strategic vision with execution.

Specifications:

• 6+ years of private market product development experience in the asset management environment with a proven track record of delivery required; experience in the wealth management market preferred
• Previous experience managing scoping and launch of private markets pooled investment products required; semi-liquid and/or wealth focused evergreen fund structures preferred
• Experience in either private equity or real estate asset classes required; Experience in all of Federated Hermes’ key asset classes preferred including private credit, real estate, private equity and infrastructure preferred
• Familiarity with key US private market fund regulations required, including 40 Act preferred
• Solid investment knowledge across a broad range of investment strategies and the regulatory landscape for private markets in US required

For consideration, please visit our company website and reference job #9621

For additional information, please visit FederatedHermes.com

Federated Hermes, Inc. offers a competitive salary and benefits package along with a professional environment. The annual base salary range for the Private Markets Product Strategist and Developer is $115,680 - $214,010. In determining salary multiple factors will be taken into consideration such as primary work location, experience, education and skill set.

Only those candidates in whom we have an interest will be contacted.

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

EOE – Including Disability / Vets

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm’s equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices of beliefs of applicants and employees, as well as for mental health or physical disability needs.

How To Apply

For consideration, please visit our company website and reference job #9621 or use the link provided: