Head of Direct Private Investments

Citi Wealth Investment Solutions is seeking a Head of Direct Private Investments (DPI), a key growth pillar for our Investment Solutions business. The candidate will report to the Head of Alternatives and Investment Manager Solutions and lead our efforts to originate, evaluate, approve, and distribute compelling direct private investment opportunities for Family Offices and other sophisticated Citi Private Bank clients.

Responsibilities:

- Lead the strategic development and implementation of Citi Wealth's Direct Private Investing (DPI) activities, including team leadership, talent management, infrastructure development, defining product identity and brand.

- Originate direct private investment opportunities through personal networks and Citi's internal networks (Investment Bank, Capital Markets, PERE and HF teams, Family Office network), as well as external sources like private equity sponsors and CPB clients.

- Manage the deal pipeline, including conducting initial due diligence, comprehensive review of potential transactions (valuation, terms, structure), sign-off on proposed deals and documentation, and presentation to Investment Operating Committees for approval.

- Work with the ICS Team and large Family Office clients to facilitate the onboarding process, including ISDA negotiation and documentation requirements.

- Oversee the monitoring of past transactions and maintain relationships with deal sponsors.

- Collaborate on the distribution of DPI deals with Sales Specialists teams across regions to identify client appetite.