Principal, Climate Innovation

Wellington Management•New York, NY

1d•Hybrid

About The Position

Wellington’s Private Investment platform (“PI”) currently manages over $8 billion in committed capital across a broad range of private equity and credit strategies including late-stage growth, climate growth, early-stage venture, real estate debt, and growth lending. We have built broad private market capabilities powered by the innovative spirit of a boutique and the resources and stability of a global investment manager. We aim to use our global scale, sector research, and market reach to help partner with innovative, disruptive companies in the private market. Our industry networks, deep insights, and our private and public markets expertise make us strong partners for entrepreneurs. As a fast-growing investment group within Wellington, PI provides an exciting opportunity for a mid-career stage private investment professional to grow his or her skills and career. We are seeking to recruit an experienced Investor for our Private Climate Investing Team, who will be responsible for investing as part of Wellington’s Climate Innovation Fund (“CIF”). CIF is a growth stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change, at the Series B-D stage. The investment strategy spans a broad set of sectors including energy, buildings, smart cities, industrial efficiency, transportation and mobility, and food and agriculture, typically with asset-light tech-enabled solutions involving software, software-enabled hardware, and data/AI. The Investor will be responsible for generating deal flow, conducting in-depth due diligence, managing deal processes, developing investment recommendations, and managing ongoing support of portfolio companies. In addition, the candidate will help oversee and develop high performing talent and work across the Wellington platform with impact, investing, value creation, and capital formation teams. The ideal candidate will be a self-directed, hard-working team player who has direct relevant experience and passion for private investing, transformative technologies, and climate. This position will primarily be located in New York City, with potential to be based in Boston or San Francisco for the right candidate.

Requirements

Investment Acumen and passion
8-15 years of experience with a track record of playing a key role in generating deal flow and leading comprehensive due diligence for investments in Series B-D stage companies.
Industry sector knowledge, particularly in energy transition (required), with additional experience in areas such as the built environment, industrial automation, food and agriculture, transportation and mobility, and climate resilience.
Expertise in financial analysis, modeling, valuation, market analysis, technology assessment, competitive analysis and management team evaluation, using a research-driven, bottom-up approach.
Demonstrated ability to navigate and win competitive and fast-moving deal processes.
Strong grasp of relevant technologies, including but not limited to SaaS, AI/data analytics, software-enabled hardware, IoT connectivity and compute, electrification, and infrastructure.
Interest in climate innovation with a keen understanding of how investment opportunities align with the fund’s mandate.
Proven success sourcing new deal opportunities through deep thematic research, idea generation, and extensive networking within the climate and tech ecosystems.
Demonstrated intense passion and curiosity to be at the forefront of industry trends, news, and emerging technologies.
Ability to identify and gain access to promising and disruptive companies before they are widely known.
Operates effectively as both an individual contributor and collaborative team member and embraces the benefits of overlapping lines of idea generation.
Build strong, trusting relationships externally with company management teams, industry contacts, clients and prospects as well as internally with colleagues.
Communicates (both verbally and in writing) clearly, succinctly, and with conviction when interacting with management teams, collaborating with internal and external partners, and when drafting and articulating investment memos.
Constructively contributes to open, insightful investment discussions.
Demonstrated intellectual curiosity and commitment to ongoing learning and development.
Brings a global perspective and creative thinking to innovation and the future of private market investing.

Responsibilities

generating deal flow
conducting in-depth due diligence
managing deal processes
developing investment recommendations
managing ongoing support of portfolio companies
help oversee and develop high performing talent
work across the Wellington platform with impact, investing, value creation, and capital formation teams

Benefits

retirement plan
health and wellbeing
dental
vision
pharmacy coverage
health savings account
flexible spending accounts and commuter program
employee assistance program
life and disability insurance
adoption assistance
back-up childcare
tuition/CFA reimbursement
paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)