Job Details
Our client currently has $2bn+ AUM with a fresh $700mn just fundraised and ~40 exits (M&A and IPO) to date. They're looking to add an Analyst on the team who will be working on a lean team in Austin with the Founder as well as another seasoned Partner respected in the industry to help cover all areas of healthcare.
They consider their investment mandate venture growth and look for commercial stage investments, where their capital is primarily directed towards growing revenues and scaling the company. They invest in innovation broadly across the healthcare spectrum: medical devices and technologies, diagnostics, research tools, digital health, healthcare IT, and innovative services. They typically invest $15-50mn per company with an ability to invest up to $100mn over time, prefer to lead investments, and have the ability to syndicate.
The background of the team is impressive (ex Sofinnova, OrbiMed Goldman Sachs, McKinsey, Blackstone Life Sciences, KCK Group, KKR, etc.) with the Board of Advisors holding c-suite positions from Proctor & Gamble, Humana, Johnson & Johnson, Becton Dickinson, Medtronic, CVS, LabCorp and a former U.S. Surgeon General to name a few.
This role is an opportunity for the candidate to work on an exceptional investment team to execute investment decisions and strategy, advise existing portfolio companies on route-to-market and commercialization strategies, and originate and develop new theses to help shape the future of healthcare technology innovation. This is a career-track position and you ll get exposure to founders, entrepreneurs, and co-investors with expectations to take on Board seats in due time.
The role is designed to increase responsibilities over time with a growing team.
Responsibilities
- Develop and support near and long-term investment thesis development for select opportunity areas of interest
- Become an expert in novel and emerging business models, the healthcare regulatory landscape, and technology areas of interest
- Identify and interview industry subject matter experts, key opinion leaders, physicians, and management from early-stage companies and use this external network to diligence new opportunities and support portfolio companies
- Stay current on key trends in healthcare technology and represent the fund at industry conferences
- Complete detailed quantitative assessments, including market sizing, and building and analyzing financial models
- Complete detailed qualitative assessments, including customer discovery interviews, market mapping, and industry analysis
Qualifications
- Experience in healthcare investment banking or management consulting.
- A knowledge and passion for the early-stage healthcare ecosystem
- Interest in partnering with and supporting early-stage entrepreneurs and portfolio companies
- Strong writing skills and a well-developed understanding of financial concepts and modeling skills
- Hard work ethic, attention to detail, self-motivated, organized, intellectually curious