Director of Liquidity & Secondary Markets

Austin, Texas, United States

Fund team reporting to VP of Ventures

Remote or Hybrid

The Director of Liquidity & Secondary Markets is responsible for driving liquidity strategy, managing secondary market relationships, evaluating exit opportunities, and supporting fund‑level decision making across all Capital Factory portfolios. You’ll leverage Capital Factory’s network of investors and capital allocators to build and grow an established network to help liquidate mature funds and high demand assets. This role is highly analytical, externally facing, and operationally focused on maximizing returns for LPs.

• Pitch the GPs each week on positions that should be sold.
• Build, document and maintain relationships with secondary investors, strategic acquirers, and prospective buyers.
• Assess market demand and monitor investor sentiment, pricing trends, and exit dynamics.
• Develop and maintain liquidity analytics, dashboards, and reporting: unrealized vs. realized value, MOIC, DPI, and near‑term liquidity forecasts.
• Coordinate and manage transaction processes including data room preparation, information requests, buyer/syndicate engagement, and close support.

• You source, negotiate, and secure multiple competitive offers for high-performing assets.
• You identify and execute liquidity strategies for underperforming or distressed positions, not just the easy ones in high demand.
• You proactively create liquidity options across the portfolio, rather than executing fund-life extensions.

• You understand venture capital fund mechanics, LP reporting, valuation, and liquidity frameworks. You have experience pricing deals.
• You use AI to improve your work.
• You have 5+ years in venture capital, private equity, secondary markets, or investment banking.

• $400,000 OTE with no ceiling ($200,000 base salary)
• 4 weeks paid time off (one week is between Christmas and New Year’s)

• Personal health, vision and dental insurance paid 100% by Capital Factory
• Additional benefits such as 401k program (50% company matching), life insurance, short & long term disability and employee assistance program
• Parental leave including 10 weeks paid leave for birthing parents and 4 weeks paid leave for non-birthing parents
• $1,000 personal innovation budget on your first year anniversary and then an additional $500 each anniversary thereafter