Role Summary
Responsible for developing the investment strategy and leading investment activities, managing investments in portfolio, and assisting in raising investment capital through fundraising with endowments/foundations. Oversees and builds a dynamic team of six professionals to achieve stated outcomes and organizational commitments. This role combines strategic leadership, investment, and financial expertise with a deep commitment to social impact and community development.
The most immediate work will focus on:
● Revising the investment strategy and thesis with data and experience derived from the last 5 years of activity.
● Ensuring all growth portfolio companies have a custom support portfolio management plan; and
● Driving the creation of a maturity model for Portfolio companies that are tracked, discussed and strategically managed
.Fund Management
● Lead the refinement and execution of the fund’s investment strategy.
● Develop and direct strategies to identify new sources of capital while engaging investors, fundraising, and playing an active to enhance the social impact and financial performance of investments
● Fulfill investment and fundraising goals.
● Help raise follow-on capital for portfolio companies where appropriate.
● Work with and support portfolio companies by attending board meetings and monitoring performance to ensure returns and strategic objectives are achieved.
● Execute closing and documentation related to the investments in the portfolio companies, and agreements with endowments and foundations for raising forms.
● Ensure the investment committee's alignment, synergy, and effectiveness in achieving organizational goals.
● Build and maintain a positive team culture; lead, guide and motivate team members.
Investing Activities
● Define strategic direction of the investment team and gather board support for initiatives and goals.
● Lead the team that will find, structure, develop, support and monitor portfolio investments.
● Work with team members to coach them in diligence, deal structuring, and post investment management.
● Coordinate and lead Investment Committee meetings to review and structure prospective investments, to report on investment progress, and to discuss portfolio strategy.
● Coordinate with Board, Management, and CEO for prioritization.
● Approve / evaluate investment deals.
● Ensure adequate financial and social impact monitoring of portfolio companies.
● Serve as a spokesperson for ICA’s mission and investing activities.
Candidate Profile
● Education: MBA preferred but not required.
● Years of Experience: Transactional experience in private equity & venture capital, commercial debt, and/or hybrid capital for early-stage businesses. 15+ years of a demonstrated track record with at least 7 years of that in private equity or venture capital including successful exits. Experience investing in small businesses is strongly preferred.
● Strong financial expertise with the ability to analyze potential investments, conduct financial analysis, and develop strategic investment plans.
● Commitment to ICA’s mission: A leader who sees investment as a means to catalyze the opportunity for wealth creation in our communities. A vision of transforming the financial system to be more inclusive and to create economic opportunities for all.
● Exceptional people leadership and collaboration skills: The CIO will lead the investment team, manage multiple stakeholders, gain buy-in, and ensure support within the organization and externally.
● Willingness to be active and available to the team and our portfolio of entrepreneurs.
● Strong impact orientation: prioritizing the path to maximizing financial and social results.
● Integrity: Impeccable integrity and credibility.
Skills & Abilities
Specific Skills
● Extensive knowledge of private equity and venture capital concepts, terminology, models, and strategies.
● A planner with the capacity to organize and prioritize work. assignments while managing a high-volume workload in a fast-paced and changing enr5 vironment: Must pay attention to detail and complete tasks with a high degree of accuracy.
● Verbal and/or written communication of complex information that is accurate, timely, and based on sound judgment, as well as in giving presentations to groups with varied levels of finance and investment knowledge.
● Ability to establish and maintain harmonious working relationships with co-workers, staff, and external contacts, as well as work effectively across the organization and with the Board.
● Excellent analytical skills.
Basic Skills
● Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
● Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems. Mathematics skills/analysis.
● Comprehension and Communication: Capacity to review and comprehend dense documents and an ability to effectively convey information both verbally and in writing.
● Intellectual Curiosity: An active learner and problem solver willing to lean into problems to understand the implications of information for the current and future state of the organization.
Social Skills
● Emotional Intelligence: Ability to adapt to a broad spectrum of leadership styles.
● Persuasive: A skilled negotiator able advocate for a position and persuade others to view things differently.
System Skills
● Judgment: A willingness to consider the relative costs and benefits of potential actions to choose the course of action that benefits the organization and its mission.
● Systems Thinking: Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Salary range
The annual base salary range for this position is $220,000 to $245,000 depending on background and experience. Compensation also include sa discretionary bonus paid annually based on organization and individual performance.
Search Team
Denielle Pemberton-Heard, Esq.
Global Managing Director and Chief Legal Officer
301.928.8071
[email protected]
Jack Marshall
Search Associate
610.724.9647
[email protected]
Steven Iles
Executive Assistant and Project Manager
628.399.1567
[email protected]