Investment Associate, Private Equity & Venture Capital

Gordon and Betty Moore Foundation • Palo Alto, CA

11d • $160,000 • Hybrid

About The Position

This position is a two-year role supporting the Director of Private equity in managing a global portfolio of buyout, growth equity and venture capital investments. Our Investment Associate Program provides the opportunity for early career individuals to expand their knowledge of institutional investment management and further develop skills in investment analysis and research. After completing the program, associates typically pursue an MBA or seek the next steps in their investment career. Many associates will also pursue a CFA during their associate program. The position is based at the foundation’s investment office in San Francisco, California. Under the foundation’s residency policy and hybrid work arrangements, you must reside within a reasonable driving distance of the foundation’s San Francisco office. This position is required to work onsite in San Francisco a minimum of two days each week, and in our Palo Alto, California office a few times each year. Your role, team, or other foundation business needs may require you to work in the office more frequently.

Requirements

• Bachelor's degree with a minimum of two years of work experience in investment banking, management consulting, investment management or related fields required.
• Well-developed quantitative and analytical skills with strong grounding in investment concepts (e.g. capital markets, statistical analyses).
• Working knowledge of financial statement accounting and analysis.
• Advanced Excel modeling skills and familiarity with PowerPoint and other database tools and concepts.
• Self-starter with the ability to work independently, ask questions and use judgment. Ability to communicate concepts and distill information in an efficient, user-friendly manner especially important.
• Exceptional organizational skills and proficiency in prioritizing assignments, handling multiple complex assignments, and setting and meeting deadlines with an orientation toward results and resolution.
• Strong attention to detail.
• Exceptional interpersonal and presentation skills required.
• Willingness to travel domestically.
• Two year commitment required.

Responsibilities

• Work with Director to develop and implement portfolio strategies by analyzing historical returns and investment trends both domestically and abroad, monitoring current market conditions and assessing relative attractiveness of investment opportunities.
• Work with Director to monitor and manage a world class portfolio of private equity and venture investments through the ongoing evaluation of investment strategies, portfolio holdings and exposures, the drivers of performance, and organizational dynamics.
• Work with Director to select new investments by identifying high potential managers, participating in due diligence, and conducting detailed performance and portfolio analytics.
• Lead the preparation of quarterly performance materials and market reviews, presenting findings to the investment team.
• Monitor absolute and relative monthly and / or quarterly performance of all managers in the portfolio. Track asset allocation levels relative to targets and assist in executing and confirming all cash flows to and from managers.
• Position provides excellent exposure to portfolio asset allocation strategies as well as investments across asset classes including hedge funds, private equity, venture, real assets, long-only equity strategies, and fixed income.

Benefits

• The Moore Foundation offers a generous total compensation package that includes a competitive base salary, an incentive compensation program and comprehensive benefits to support your life, health and well-being.
• Our health benefits include employer-paid options for medical, dental, and vision insurance for employees and dependents; a mental wellness program; paid parental leave; employer-paid disability and life insurance benefits; and pre-tax flexible spending accounts for medical and dependent care expenses.
• Other benefits include 6 weeks of paid time off per year and 10 paid holidays; a 401(k) retirement savings plan with a foundation contribution of up to 10% and a Roth 401(k) option; a matching gifts program for qualifying charitable contributions; hybrid work arrangements and a home office stipend; and a commuter benefits program.
• To support you in achieving your career goals, the foundation offers a professional development program to all benefits-eligible employees that includes an annual financial benefit of $5,000 and paid time off to participate in educational programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 51-100 employees