Managing Partner | Venture Fund for Brigham Young University Alumni

Alumni Ventures Group, a fast-growing organization with over 90 employees across the country and a widespread, engaged community of over 350K entrepreneurs, investors, and supporters, is disrupting venture capital with our smart, simple product offerings. Our alumni and focused funds provide individual, accredited investors access to venture investing. Our corporate headquarters in Manchester, NH provides back-office support and resources to our fund teams in Boston, New York, Chicago, and San Francisco. On an annual basis, these teams raise funds from their respective communities to invest in diverse, promising startups and growing businesses. AVG has successfully launched 25 venture funds to date and will build another dozen or so funds over the next few years. We are private, for profit, and not part of any school.

As AVG continues to grow, we are looking to extend our investing and community building capacity with the launch of a Venture Fund for Brigham Young Univeristy alumni. To that end, we're seeking an experienced, full-time Managing Partner with strong ties to the BYU alumni community who can contribute in both driving our community (fundraising, community engagement, and relationship development) and investing (sourcing, recruiting, researching, and evaluating deals) capabilities.

This is a full-time position based in our San Francisco, CA office. As Managing Partner, you will report to and work closely with the Investment Team Board (comprised of AVG’s CEO, CIO, and CCO). This is a salaried position, with a comprehensive benefits package, and some travel as defined by the iTeam Board for the successful execution of your responsibilities.   

Basic Qualifications                         

  • Must be a Brigham Young University alum
  • Significant VC capital or private equity investing experience preferred
  • Ability and willingness to build community and raise capital
  • Entrepreneurial DNA

Requirements for an Ideal Candidate

  • General
    • Excellent work ethic and professional demeanor
    • Demonstrated interest and experience in entrepreneurism and emerging companies
    • Experience successfully managing multiple, complex projects at the same time
    • Exceptional networker, with an ability to grow our system and process for identifying deals
    • Strong writer and communicator, excellent listener
    • 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
    • Strong teamwork with HQ teams to achieve goals, compliance, and open communication
  • Investing
    • Strong research and analytical skills, particularly in the area of venture investing
    • Experience in company research and due diligence preparation
    • Familiarity with deal structuring and closing (i.e. ability to read, analyze, and assess term sheets)
    • Networking prowess to identify and utilize experts that can be consulted on deals, industries and markets
    • Exceptional financial and venture acumen
    • Ability to quickly garner credibility, respect, and trust from complete strangers
    • High level of gravitas and understanding of how the venture community functions and AVG’s place within it
    • Domain expertise in an area of interest is preferred
  • Fundraising
    • Strong fundraising skills and ability to excel in all aspects of holding meetings, taking calls, follow-up, and closing
    • Nurture your community by holding meetings, attending events, working with HQ
    • With CCO and VP of Marketing, work to establish specific fundraising goals 
  • Community Building
    • Superior relationship development/management skills with a comfort and desire to regularly interact with potential community members
    • Track record of being able to build meaningful relationships
    • Ability to turn a meaningful community member into an engaged investor through strong communication and repeated demonstration of AVG’s value
    • Strong influence and connections within your alumni community and university ecosystem
    • Assist in the coaching of junior resources
    • Work on helping build the relationship with Brigham Young University
    • Experience and comfort with engaging UHNW individuals

Role / Responsibilities

  • Meet and exceed regular, periodic goals as established by HQ and all appropriate functional departments (i.e. Community, Office of Investments, etc.).
  • Establish, manage, and grow personal relationships with fellow alumni throughout the venture community and well beyond
  • Identify top-tier deal resources and conduct outreach to VCs, entrepreneurs, incubators, and more to help cement deal flow for the fund
  • Educate deal sources and companies/entrepreneurs about our process and effectively manage relationships in a professional, courteous manner
  • Research and evaluate each company and industry as a potential investment, including the company teams, competitors, and customers
  • Help oversee and manage due diligence
  • Manage the fund team, directing, coaching, and mentoring the fund’s second chair.
  • Work directly the funds’ second chair on pipeline management and deal opportunities
  • Drive all IC-related matters
  • Present companies to Investment Committee, and respond to IC, CIO and LP questions, run deal meetings, and orchestrate IC meetings
  • Lead and close conversations and meetings with Fund investors
  • Serve as the primary face of the fund, and help drive community growth, strength, and effectiveness
  • Work directly with the AVG portfolio companies to develop a strong relationship to facilitate future investment opportunities
  • Lead investor relations and potential investor outreach
  • Engage with and support our Fellows, provide mentorship and leverage their time to support fund activities
  • Help supervise back-end functions as needed
  • Suggest improvements to our approach, process, products, and services
  • Be an exceptional teammate and partner for the fund, your sister funds, and fellow colleagues
  • Adhere to AVG policies and procedures regarding conduct, job performance, information management and administrative functions, communicating appropriately regarding any need for exceptions

Compensation

  • Base Salary
  • Competitive Benefits
  • Equity in AVG
  • Carried Interest

Apply for this Job

* Required

  
  
When autocomplete results are available use up and down arrows to review
+ Add Another Education


U.S. Equal Opportunity Employment Information (Completion is voluntary)

Individuals seeking employment at Alumni Ventures Group are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, gender identity, or sexual orientation. You are being given the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.

Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.


Form CC-305

OMB Control Number 1250-0005

Expires 1/31/2020

Voluntary Self-Identification of Disability

Why are you being asked to complete this form?

Because we do business with the government, we must reach out to, hire, and provide equal opportunity to qualified people with disabilities1. To help us measure how well we are doing, we are asking you to tell us if you have a disability or if you ever had a disability. Completing this form is voluntary, but we hope that you will choose to fill it out. If you are applying for a job, any answer you give will be kept private and will not be used against you in any way.

If you already work for us, your answer will not be used against you in any way. Because a person may become disabled at any time, we are required to ask all of our employees to update their information every five years. You may voluntarily self-identify as having a disability on this form without fear of any punishment because you did not identify as having a disability earlier.

How do I know if I have a disability?

You are considered to have a disability if you have a physical or mental impairment or medical condition that substantially limits a major life activity, or if you have a history or record of such an impairment or medical condition.

Disabilities include, but are not limited to:

  • Blindness
  • Deafness
  • Cancer
  • Diabetes
  • Epilepsy
  • Autism
  • Cerebral palsy
  • HIV/AIDS
  • Schizophrenia
  • Muscular dystrophy
  • Bipolar disorder
  • Major depression
  • Multiple sclerosis (MS)
  • Missing limbs or partially missing limbs
  • Post-traumatic stress disorder (PTSD)
  • Obsessive compulsive disorder
  • Impairments requiring the use of a wheelchair
  • Intellectual disability (previously called mental retardation)
Reasonable Accommodation Notice

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

1Section 503 of the Rehabilitation Act of 1973, as amended. For more information about this form or the equal employment obligations of Federal contractors, visit the U.S. Department of Labor's Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.