WHAT WE DO
One Step Capital provides capital formation, investor relations, and marketing advisory services to alternative asset managers. Services include institutional investor LP targeting and outreach, investor meeting coordination and preparation, materials review, and ongoing pipeline management — the full scope of what an in-house BD/IR leader would do, structured as a retained engagement.
Strategy expertise spans private equity, private credit, venture capital, real assets, and hedge funds, principally in North America, the UK, and Europe.
Who We Work With
One Step Capital's core clients are established managers with 10+ year track records and approximately $1 billion or more in assets under management. These are funds that have earned their stripes and need a senior, relationship-driven partner to reach the right LPs — not a high-volume, transactional placement shop.
HOW WE WORK
One Step Capital operates on a retained plus success fee basis. Jamie integrates into your BD/IR effort as a committed partner. Think of it as a fractional Capital Formation Executive — senior-level attention with relationship-driven experience integrated seamlessly into your process.
This model is built for managers who want a partner who acts like an extension of their brand.
FAQ
What is One Step Capital? One Step Capital is a boutique placement agent and fractional business development (BD)/Investor Relations (IR) firm that helps alternative asset managers raise institutional capital. The firm is founded and led by Jamie Lewis and operates on a retained basis plus success fee.
What does a placement agent do? A placement agent markets alternative investment funds to institutional investors — including family offices, endowments, foundations, pension funds, insurance companies, OCIOs, consultants, banks, asset management companies and registered investment advisors — on behalf of the fund manager. One Step Capital handles LP targeting, outreach, relationship management, and investor meeting coordination.
How is One Step Capital different from other placement agents? One Step Capital operates as a retained partner rather than a traditional placement agent. Clients work directly with founder Jamie Lewis — not a junior team — and engagements are structured as retained relationships with a success fee component. This creates the accountability and integration of an in-house BD/IR executive at the cost and flexibility of an external partner. One Step Capital is also known as a fractional fundraiser — senior-level, embedded, and fully committed to your raise.
What types of funds does One Step Capital work with? One Step Capital works with alternative asset managers across private equity, private credit, venture capital, real assets, and hedge funds. Core clients typically have 10+ year track records and approximately $1 billion in assets under management.
Why do you require a retainer? Most placement agents work on success fee only — which sounds appealing to managers but creates a misaligned incentive. They take on multiple mandates, prioritize the easiest wins, and your raise becomes a free option they can walk away from. One Step Capital requires a retainer because it ensures Jamie commits fully to your mandate — not hedging across a dozen others. You get consistent, senior-level attention from day one, not when a deal gets close.
How do I hire One Step Capital? Contact Jamie at info@onestepcap.com to discuss your mandate. Engagements begin with a discovery conversation to assess fit.