Vice President, Primary

Overview:

This position offers an excellent opportunity for an Investment Professional with proven financial, analytical and interpersonal skills and an interest in the alternative investment sector, to be part of a premier global investment firm that provides investment services to institutional clients.  The individual selected for this position will be based in the firm’s Menlo Park, CA offices. They will be a part of a team managing a large portfolio of venture capital and buyout funds (limited partnerships) and will be responsible for supporting the team’s identification and management of a global portfolio of venture managers.

Specifically, the individual will be involved with and responsible for:

Sourcing & Evaluation

• Meet with general partner groups to evaluate potential investment opportunities.
• Manage deal flow across global venture capital and buyout portfolio with a focus on venture capital funds.
• Conduct market research on investment sectors and themes.

Execution & Due Diligence

• Lead and conduct due diligence; identify key investment merits and considerations through qualitative and quantitative analysis, meetings with fund managers, strategy review, reference checks and on-site visits, etc.
• Perform due diligence on growth-stage co- investments.
• Prepare memoranda and participate in investment discussions with internal investment committee.
• Work with counsel to negotiate partnership terms and coordinate the closing process.
• Support construction and evaluation of fund portfolios.

Leadership

• Thought leadership on investment and industry trends.
• Help author internal and external research and thought pieces.
• Mentor and manage junior team members.

Monitoring

• Attend annual meetings.
• Review quarterly reports and related materials.
• Document compliance with investment guidelines.
• Monitor investment forward pipeline and allocation planning.

Business Support & Investor Relations

• Support the firm’s marketing efforts through new business presentations to potential clients and consultants.
• Market the firm’s capabilities to market participants to generate secondary and direct growth-stage deal flow.
• Support investor relationships for existing global venture mandates.
• Support firm initiatives as they relate to the firm’s business plans.
• Contribute positively to Adams Street’s culture and thought leadership.

Required Skills

The ideal candidate will be a well-rounded business professional with proven work experience investing and a record of success at a top institution focused on technology investments in primary (partnership) private investments and/or in secondaries and/or in direct investments. The candidate will be a highly motivated professional who sets and meets ambitious business and personal commitments with a demonstrated interest in building a career in venture capital investing.

In addition, the candidate will have:

• 6-8 years of investing analysis and due diligence experience. Prior fund experience is preferred, though not required, and broader investment experience will be considered.
• Experience investing in technology sector (via fund investments, co- investments , or secondaries).
• MBA or similar advanced degree is preferred but not required.
• A facility to elicit in an informed, challenging, and effective manner the critical variables that will determine an investment’s financial success or failure.
• Strong modeling, organizational and writing skills.
• Deep understanding of trends and issues in the private equity industry and venture sector, specifically technology, both U.S. and global.
• The ability to synthesize complex data in a clear manner.
• A professional presence coupled with relationship skills to interact effectively with clients, general partners and colleagues at all levels.
• The ability to work independently while operating within a highly integrated global team context.
• A willingness to establish a position and confidence of convictions as it relates to investment decisions.
• Desire to build a career in venture capital investing required.
• Intellectual curiosity, demonstrated contribution to thought leadership, and forward thinking.
• Willingness to travel domestically and internationally.
• Maturity, a self-starter with a desire and ability to work in a global, fast-paced, collaborative, high-performing team environment while managing a wide range of responsibilities.

We offer a competitive U.S. benefits package designed to support health, financial security, and work-life balance. Highlights include medical, dental, and vision coverage; a 401(k) with immediate vesting and employer match; profit sharing; flexible spending accounts (FSA); and paid parental leave, including adoption. Employees also receive generous paid time off, commuter benefits, employer-paid short- and long-term disability and life insurance, and access to additional voluntary benefits.