Principal, Focused Funds
New York, NY /
Fund Teams /
About Alumni Ventures
AV's purpose is to grow and engage with an inclusive community of teammates, investors, and entrepreneurs to disrupt the status quo and build a better future. Fueled by a disruptive business model and an innovative solution for an underserved market, Alumni Ventures (AV) is growing rapidly, with 140+ employees and 19 investing teams working from locations in Boston, Chicago, New York City, the Bay Area, Austin, and a headquarters in Manchester, NH.
AV provides accredited investors with a smart, simple way to own high-quality, professionally-managed venture portfolios. AV offers dozens of distinct funds, including Alumni Funds that support the entrepreneurial ecosystems of the alumni of many top universities nationwide, Focused Funds that offer specific investment themes broadly to accredited individual investors, and Syndications Funds consisting of an individual startup company investment, and more. We are private, for-profit, and not affiliated with any school. AV is a fast-paced work environment with a dedicated approach to growth and innovation that is centered on regular change, experimentation, learning (from both failures and successes), iteration, and continuous improvement.
AV has invested in over 700 portfolio companies on behalf of thousands of accredited investors; and supports a widespread, engaged community of hundreds of thousands of stakeholders that includes investors, entrepreneurs, subscribers and community members. AV typically co-invests with established venture firms and does not lead investment rounds or take board seats.
About This Role
We are seeking an experienced, full-time investing venture Principal who can source, recruit, research, and evaluate opportunities on behalf of our thesis-driven Focused Funds. Examples of our Focused Funds here:
This individual will serve as a leader of the Fund’s investing work: deal sourcing, researching, evaluating, and managing relationships with portfolio companies and fellow venture investors. The successful Principal will drive enhanced deal quality and improve co-investing opportunities for AV and will have significant input into the creation of a unique portfolio amassing highly valuable strategic assets. AV is a fast-paced, professional, entrepreneurial environment. As Principal, this individual will report directly to and work closely with the Managing Partner of the fund.
- Network with various players in the startup ecosystem
- Identify deal resources and conduct outreach to VCs, entrepreneurs, incubators, and more to help fill our deal pipeline with prospects
- Educate deal sources and companies/entrepreneurs about our process and effectively manage relationships
- Prepare and distribute due diligence packages
- Research and evaluate each opportunity as a potential investment, including interviewing company teams, competitors, and customers
- Recruit, train, and manage interns/fellows to help support deal outreach and research
- Present opportunities and respond to Managing Partner and LP questions, run deal meetings, and orchestrate IC meetings
- Help create and manage our company database, monitoring prospects on an ongoing basis
- Assemble and update CRM on companies and entrepreneurs
- As requested, assist with investor relations and potential investor outreach
- Help supervise back-end functions as needed
- Suggest improvements to our approach, process, products, and services
- Bachelor’s degree
- MBA or advanced degree preferred
- 1-5 years of venture investing experience
- 5-10 years of additional experience in finance, venture capital, or entrepreneurship
- Track record of venture investing in tech and/or emerging markets
- Demonstrated interest and experience in entrepreneurship, as well as emerging companies and technologies
- Capable networker, with an ability to grow our system and process for identifying deals
- Demonstrated experience in company research and due diligence preparation
- Track-record of managing multiple, complex projects at the same time
- Strong writer and communicator, excellent listener, with superior sales skills and comfort regularly interacting with potential community members
- Highly organized and detail-oriented, balanced by ability to get and communicate big picture
- Self-starter and independent manager, but good team player and personnel manager
- Smart, creative thinker and problem-solver, fast learner, with demonstrated initiative
- Database management and strong technical and social media experience a plus
Alumni Ventures is an equal opportunity employer and our team is committed to achieving and supporting a diverse workforce through fair and equitable Talent and people management practices. We consider applicants for all positions given the needs of our business and the relevant team, and the skills, experience and competencies each candidate brings. If you are excited about the work AV is doing and believe your skills, experience and competencies can create impact for our team, our Investors and our portfolio companies, we encourage you to apply. Your candidacy will be considered based on your ability to add value, regardless of your race, color, religion, sexual orientation, gender identity, national origin, veteran or disability status.