What One Step Capital does

One Step Capital is a boutique placement agent and fractional business development / investor relations (BD/IR) firm founded in 2023 by Jamie Lewis and based in Ponte Vedra Beach, Florida. The firm provides capital formation, marketing, and advisory services to established alternative asset managers — typically funds with 10+ year track records and approximately $1 billion or more in assets under management. Services span the full scope of an in-house BD/IR leader's responsibilities, including institutional LP targeting and outreach, investor meeting coordination and preparation, materials review, and ongoing pipeline management, structured as a retained engagement plus success fee.

The firm's core asset is the founder's nearly three-decade career spanning investment banking at Deutsche Bank (where she executed over $68 billion in debt, equity, M&A, and restructuring transactions) and direct investing, fundraising, IR, marketing, and BD roles at five pedigreed hedge funds (Inherent Group, Blockhouse Capital, GMT Capital, Richmond Hill, and CastleRock Asset Management), supplemented by a Columbia Business School MBA. Underlying technology is relationship-driven rather than platform-driven, with no proprietary software, AI products, or data assets disclosed. The firm extends its reach through two content sub-brands: the Capital Alignment Substack (a newsletter and Spotify-distributed podcast) and the #KO Series educational video content, which serve as top-of-funnel thought-leadership channels for GPs and LPs.

Commercially, One Step Capital operates on a retained engagement plus success fee basis, a structure designed to ensure full founder commitment to each mandate and to align incentives on successful capital raises. The firm sells directly through founder-led enterprise field sales, with engagements initiated via a discovery conversation. All securities transactions are routed through Old City Securities, LLC, a FINRA and SIPC member firm, providing regulatory compliance infrastructure. Target clients are concentrated in North America, the United Kingdom, and broader Europe, with the firm operating as a founder-controlled, bootstrapped private LLC (1-10 employees) without institutional investors.

Name

One Step Capital

Legal name

One Step Capital, LLC

Website

https://onestepcap.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

One Step Capital is a founder-led boutique placement agent and fractional BD/IR firm established in 2023, providing capital formation, marketing, and advisory services to established alternative asset managers (typically $1B+ AUM, 10+ year track records) on a retained engagement plus success fee basis.

Ownership category

akta.pro rank

Product category

Capital Formation Advisory

NAICS

Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

akta.pro secondary industry

Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)

Keywords

• Alternative asset fundraising
• Placement agent services
• Fractional BD IR
• Investor relations advisory
• Capital formation advisory

Headquarters

HQ city

Ponte Vedra Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Retained Engagement plus Success Fee: One Step Capital operates on a retained plus success fee basis. The retainer ensures Jamie Lewis commits fully to each client mandate, providing consistent senior-level attention from day one. The success fee component aligns incentives for successful capital raises. This structure differentiates from traditional placement agents who work on success fee only and may take on multiple mandates without the same level of commitment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

One Step Capital is a boutique placement agent and fractional BD/IR firm that helps alternative asset managers raise institutional capital. Services include LP targeting and outreach, investor meeting coordination and preparation, materials review, and ongoing pipeline management, structured as a retained engagement plus success fee relationship with founder Jamie Lewis personally leading each mandate.

Product overview

One Step Capital offers a unified suite of capital formation and marketing advisory services for alternative asset managers. The core offering is its retained-plus-success-fee placement agent and fractional BD/IR service, complemented by the #KO Series educational video content and the Capital Alignment Substack newsletter. The company operates as a boutique firm, with Jamie Lewis providing senior-level, relationship-driven support to established managers.

Differentiator

Problem solved

Functional benefit

Products and services

• Capital Formation & Marketing Services (Fractional Fundraiser) Retained plus success fee advisory and execution service for alternative asset managers, including institutional LP targeting and outreach, investor meeting coordination and preparation, materials review, and ongoing pipeline management. Designed for established alternative asset managers (10+ year track records, ~$1B+ AUM) that need senior, relationship-driven BD/IR support without a full in-house team.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Park Hill (Blackstone): Park Hill is the dedicated fund-formation and capital-raising business within Blackstone, providing placement agent and secondary advisory services to alternative asset managers globally. It is the dominant scaled player in the space One Step Capital targets, but at far greater scale and with broader LP coverage than a boutique.
• Lazard: Lazard's Capital Markets Advisory and Asset Management practice provides capital-raising and fund-formation services to alternative investment firms. It is a broad incumbent with global reach that competes for the same LP-introduction mandates that One Step Capital targets.
• Houlihan Lokey: Houlihan Lokey's Financial and Valuation Advisory business provides capital-raising advisory and fund-formation services to alternative asset managers. It competes with One Step Capital on the placement-agent side, but as part of a much larger investment-banking platform with additional product capabilities.
• PJT Partners: PJT Partners' Strategic Capital and Fund Formation practice provides capital-raising advisory and secondary advisory services to alternative asset managers. It is a direct competitor to One Step Capital in the placement-agent space, with a much larger team and broader institutional coverage.
• Eaton Partners (ACG): Eaton Partners is a leading global placement agent and advisory firm serving alternative asset managers across private equity, private credit, real assets, and hedge funds. It competes directly with One Step Capital in capital formation for alt managers, but with a much larger team and broader geographic footprint.
• Evercore: Evercore's Private Capital Markets and fund-formation advisory teams provide capital-raising services to alternative asset managers. It is a scaled incumbent competing with One Step Capital's placement and advisory offering, with deeper LP relationships and broader transaction capabilities.

Emerging players

• iConnections: iConnections is a fintech-enabled platform that matches alternative-asset managers with institutional allocators through structured LP/GP introductions and events. It is a more technology-driven emerging competitor to the relationship-led placement model that One Step Capital offers.
• Hedge Fund Capital Corp. Hedge Fund Capital Corp. is a boutique placement and capital-formation firm focused on emerging and mid-sized alternative asset managers. It is a direct boutique competitor to One Step Capital, serving a similar client profile with a similar relationship-driven model.
• Distribution Capital Partners: Distribution Capital Partners is a boutique placement agent focused on capital raising for private debt, private credit, and real-asset managers. It is a direct boutique competitor to One Step Capital in the alt-asset placement space, with comparable target-client size and engagement model.

Regional players

• First Eagle Investment Management: First Eagle is a long-tenured alternative asset manager that conducts capital-formation and LP-relations activities in-house. While it is not a placement agent, it is a representative large alt-asset manager client persona for which One Step Capital's services are designed.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/one-step-capital
• Xx.com/onestepcap

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Step Capital