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Principal Product Manager

Tract Capital Management, LP Mercer Island, Washington, United States

About this position

Tract Capital adopts a unique approach to digital infrastructure investment. Leveraging experience and strategic insights honed over three decades of creating successful companies in the space, we excel in nurturing and advancing leading‑edge digital infrastructure enterprises. Our team of specialized experts are united by a singular purpose: to support the growth of digital infrastructure. Tract Capital goes beyond simple investment by acting as a strategic partner and catalyst for innovation within the sector. We ensure our engagements not only generate strong financial results but also develop essential digital infrastructure to meet growing demands.

Position Overview

The Principal Product Manager, Advanced Mechanical Products partners with Product Engineering to define product strategy and lead the development of advanced mechanical systems supporting Fleet's data center infrastructure. This role owns product roadmaps and new product development from concept through production, ensuring products meet design intent while achieving cost, quality, scalability, and deployment objectives.

Working closely with Engineering, Manufacturing, Supply Chain, Construction, Commissioning, Operations, and external manufacturing partners, this leader drives product strategy, supplier engagement, and industrialization for mission‑critical mechanical systems including cooling, thermal management, and fluid handling solutions.

Key Responsibilities

• Define product strategy, requirements, and roadmaps for advanced mechanical infrastructure products.
• Translate business objectives, customer needs, and infrastructure strategy into prioritized product plans.
• Balance performance, cost, manufacturability, reliability, scalability, and deployment requirements.

Product Development & Execution

• Lead new product development from concept through validation, NPI, and production.
• Drive stage‑gate execution, program schedules, budgets, risks, and product launch activities.
• Partner with engineering teams to transition prototypes into scalable manufacturing.
• Manage relationships with OEMs, contract manufacturers, fabricators, and key suppliers.
• Drive supplier performance across quality, cost, delivery, capacity, and production readiness.
• Partner with suppliers on manufacturing strategies, value engineering, and design‑to‑cost initiatives.

Cross‑Functional Leadership

• Collaborate with Engineering, Construction, Commissioning, Procurement, Operations, Finance, and external partners to deliver successful product launches.
• Serve as the primary product owner, aligning stakeholders on priorities, scope, risks, and execution.
• Ensure products integrate seamlessly into design, construction, commissioning, and long‑term operations.

Quality, Compliance & Supply Chain

• Support product validation, testing, quality standards, and regulatory compliance.
• Drive root‑cause analysis, corrective actions, and continuous product improvement.
• Partner with Supply Chain to manage sourcing strategies, production planning, inventory, and launch readiness.

Communication & Documentation

• Communicate product strategy, priorities, risks, and status to technical teams and executive leadership.
• Ensure product documentation, installation guides, commissioning procedures, and training materials support successful deployment.
• Expertise in advanced mechanical systems, cooling technologies, thermal management, and mission‑critical infrastructure.
• Strong product management and new product development experience.
• Manufacturing, supplier management, and product industrialization expertise.
• Cross‑functional leadership and executive communication skills.
• Strategic thinking with strong analytical and problem‑solving abilities.
• Ability to thrive in fast‑paced, complex environments.

Required Qualifications

• Bachelor's degree in Mechanical Engineering or related technical field.
• 10+ years of product management, product development, or technical leadership experience.
• 5+ years supporting data center infrastructure, mission‑critical facilities, or complex mechanical systems.
• Proven experience delivering mechanical products from concept through production.
• Experience with HVAC, cooling systems, thermal management, fluid distribution, or related technologies.
• Familiarity with AutoCAD, Revit, CFD, or similar engineering tools.
• Strong understanding of manufacturing, NPI, quality systems, and supplier management.

Preferred Qualifications

• Experience with liquid cooling, advanced thermal management, modular cooling systems, or high‑density data center technologies.
• Experience supporting hyperscale or global data center deployments.
• Experience working with OEMs, contract manufacturers, and global supplier networks.
• Master's degree in Engineering, MBA, or related advanced degree.

Additional Information

• 25-40% travel to manufacturing sites, laboratories, customer locations, and partner facilities.
• Work across office, laboratory, manufacturing, and construction environments.
• Competitive compensation and comprehensive benefits package.

Expected Salary Range

$200,000-$300,000 base salary plus discretionary bonus.

Tract Capital Employment

Tract Capital employees enjoy competitive compensation and comprehensive benefits, including 100% employer‑covered medical, dental, and vision insurance, a 401(k) program, standard paid holidays, and unlimited PTO.

NOTE

This job description is not intended to be all‑inclusive. Employees may perform other related duties to meet the organization’s ongoing needs.

Equal Opportunity Employer

Tract Capital is proud to be an Equal Opportunity Employer. Qualified applicants are considered for employment regardless of age, race, color, religion, sex, national origin, sexual orientation, gender identity, disability, or veteran status. If you need assistance applying for any of our open positions, please contact us at info@tract.com.

Salary Information