Associate Director, Direct Investments

We are seeking an Associate Director, Direct Investments & Fund Strategy, to play a hands-on role in managing direct investments in early-stage startups (Series A & B) and contributing to fund strategy development. While the Investment Office (IVO) will oversee pre-investment and periodic post-investment ODD, as well as managing all cash calls and distributions for the $50M VC fund in coordination with the Office of Finance (OFN), this role will focus on direct investment execution, co-investment opportunities, and fund performance tracking to align with the organization’s broader investment strategy.

**Requirements**:
1. Direct Investment in Early-Stage Startups (Series A & B)
- Source, evaluate, and execute direct investments in high-growth startups aligned with the organization’s investment strategy.
- Conduct financial modeling, due diligence (IDD), and risk assessment for startup investments.
- Lead investment structuring, term sheet negotiations, and shareholder agreement reviews.
- Engage with startup founders, co-investors, and industry experts to support portfolio growth.
- Track portfolio company performance, monitoring key financial and operational KPIs.
- Support follow-on investments and exit strategies for direct investment portfolios.

2. Fund Strategy & Oversight (In Coordination with IVO & OFN)
- Work with IVO and OFN to ensure investment alignment with the broader venture strategy.
- Provide insights on VC fund performance, co-investment opportunities, and fund allocation effectiveness.
- Monitor VC fund investment performance in collaboration with IVO, ensuring financial targets are met.
- Identify strategic co-investment opportunities from existing fund commitments, enhancing direct investment exposure.
- Assist in developing fund investment frameworks, investment theses, and sector strategies.

3. Investment Due Diligence & Risk Management
- Conduct Investment Due Diligence (IDD) on direct startup investments to ensure sound financial and operational assessments.
- Work with IVO to understand Operational Due Diligence (ODD) findings for fund investments and ensure compliance with internal investment policies.
- Support risk assessment processes, ensuring investment decision-making aligns with financial governance standards.
- Assess exit potential and liquidity strategies for direct investments, aligning with broader portfolio objectives.

4. Portfolio Monitoring & Reporting
- Monitor and analyze portfolio performance, providing regular updates to senior leadership and investment committees.
- Prepare investment reports, risk assessments, and performance reviews for both direct and fund investments.
- Work closely with finance teams on valuations, cashflow management, and fund performance tracking.

5. Stakeholder Engagement & Market Intelligence
- Maintain strong relationships with VC fund managers, startup founders, co-investors, and industry partners.
- Stay updated on market trends, emerging sectors, and investment opportunities.
- Represent the organization at investment forums, pitch events, and strategic networking sessions.

**Benefits**
- Bachelor’s or Master’s degree in Finance, Business Administration, Economics, or a related field.
- 8+ years of experience in venture capital, private equity, direct startup investments (Series A & B), and fund strategy.
- Hands-on experience in investment execution, due diligence (IDD), and portfolio management.
- Strong understanding of VC fund structures, co-investments, capital calls, and fund governance.
- Proficiency in financial modeling, risk assessment, and investment structuring.
- Excellent stakeholder management skills, particularly with fund managers, startup founders, and institutional investors.
- Familiar with legal, regulatory, and compliance aspects of venture investments.