Public Equity Senior Associate, Venture Investments

Novo Holdings•San Francisco, CA

2d•Onsite

About The Position

Based in our San Francisco office, the successful candidate will be part of our team responsible for originating, analyzing and managing our public equity investments. Our public investing activities implement a long-only strategy focused on smid cap biotech and medtech companies driven by science, data and a long-term view. Efforts in this area are primarily focused on pre-clinical and clinical stage biotechnology companies as well as high growth revenue stage medical technology opportunities. We have a broad mandate to invest in crossover, IPO, follow-on financings, PIPEs and open market transactions. As the public equities team works alongside the private equity team, the role will also provide exposure to the firm’s venture capital and structured finance investment strategies.

Requirements

A strong scientific and/or clinical background, with a Ph.D. and/or M.D. in molecular biology, biochemistry or related fields
3+ years non-academic work experience in analyzing biotech and/or medtech companies – ideally in asset management (mutual fund, hedge fund, venture capital) or sell-side equity research, investment banking or management consulting with a focus on healthcare
Proficiency with financial statement analysis, accounting and financial modeling

Nice To Haves

Experience working with various databases, libraries and other data sources to assist in researching companies, clinical trials, competitive positioning, commercial opportunities and other areas of interest is preferred

Responsibilities

Assessment of new public investment opportunities
Support the assessment of management teams, science, clinical development plans, regulatory outlook, commercial opportunities, intellectual property, competitive landscape and valuation analysis to help determine the overall attractiveness of potential investment opportunities
Prepare and present investment materials and supporting documentation for potential investments
Monitor and assist with management of public investments
Assist in operations and other ad hoc tasks to support portfolio management
Collaborate with other areas of the organization to support other Novo Holdings activities