

Associate / Senior Associate
Health Velocity Capital
San Francisco, CA, USA
2 weeks ago
Health Velocity Capital is seeking an Associate or Senior Associate with 3-6 years of experience for its San Francisco office. The Associate will work closely with Health Velocity Capital’s Partners and Vice President, Finance.
Responsibilities
Financial Analysis
- Perform financial analyses and prepare due diligence materials on prospective investments; responsibilities include, but are not limited to:
- Assisting Partners and Vice President of FP&A with the development of financial projections and returns models
- Conducting financial analysis to assess companies’ historical financials, unit economics, customer-by-customer details, pipeline and backlog details, customer utilization data, customer churn analyses, team productivity metrics, and other key performance indicators (KPIs)
- Creating charts and graphs to illustrate key data and findings
- Analyzing market size, competitive landscape, and market segments
- Developing in partnership with Partners investment memorandum for Health Velocity Capital’s commitment committee and limited partners
- Prepare for, participate, document, and potentially lead diligence calls handling professionally, with courtesy, curiosity, and graciousness
Sourcing
- Research and screen potential investment opportunities, ideas, and technologies
- Quickly develop a sense of what makes an appropriate Health Velocity Capital investment opportunity
- Lead pitch calls with prospective investments
- Take calls and meetings on behalf of Partners and professionally represent the firm in these calls and meetings
- Summarize and type up all call notes and input in deals database (all Partners do this as well)
- Cold call/email relevant investment opportunities
- Perform market research and develop whitepapers on Health Velocity Capital’s targeted investment themes as well as develop market landscapes and lists of innovative companies to be contacted
- Refine existing database to track and monitor sourcing activities; log new opportunities into CRM database
- Tirelessly develop your network of other investors, health systems, payers, and other strategic industry connections to access deal flow and proprietary information
- Be a visible presence for Health Velocity Capital at local events and at conferences
- Research and understand various policy initiatives
- Participate in outreach initiatives to bolster the firm’s reach and reputation
Strategic LP Management and Other
- Contribute to materials and summaries for annual LP meetings, advisory board meetings, limited partner off-sites and webinars, limited partner updates, and more
- Prepare standard strategic limited partner presentation materials and keep track of themes and companies of interest to present.
- Assist with preparation for bi-annual Limited Partner Advisory Committee meetings
- Leverage personal skills and network to assist portfolio companies in any way; bring to bear the full weight of the firm’s network on behalf of portfolio companies
- Maintain comparable exit multiples database and waterfall analyses for return profiles
- Assist with day-to-day administrative tasks and the development of internal processes (Vice President and all Partners perform as well)
Qualifications
- College graduate with 3-6 years of work experience in investment banking, venture capital, private equity, management consulting, and/or corporate development
- Candidates should be very detail-oriented, strong researchers, highly competitive, extremely passionate about healthcare and/or venture capital, have demonstrated ability to work hard, intelligent and curious
- Excellent Microsoft Office (Excel, PowerPoint, Word, Outlook) skills
- Analytic and quantitative skills needed to review financial and market projections, balance sheets, and operating plans of potential and existing investments
- Ability to not just perform analyses but also present in a thoughtful, nuanced way with a story behind the presentation (versus a data dump of charts, tables, and pros/cons)
- Excellent verbal and written communication skills
- Creative, self-starter
Compensation
- Competitive amongst firms with comparable AUM (assets under management)