Vice President, Primary

Adams Street Partners • Menlo Park, CA

8d • $150,000 - $200,000 • Onsite

About The Position

Adams Street Partners is seeking an investment professional to join its team in the Menlo Park, California office. The role supports management of a large portfolio of venture capital limited partnerships and the identification and management of a global portfolio of venture managers. The position combines investment sourcing, evaluation, due diligence, execution, portfolio monitoring, research, team leadership, business development, and investor relations.

Requirements

• 6–8 years of investing analysis and due diligence experience.
• Experience investing in the technology sector through fund investments, co-investments, or secondaries.
• A demonstrated interest and desire to build a career in venture capital investing.
• Ability to elicit, in an informed, challenging, and effective manner, the critical variables that determine an investment’s financial success or failure.
• Strong modeling, organizational, and writing skills.
• Deep understanding of private equity industry and venture sector trends and issues, particularly in technology, in the U.S. and globally.
• Ability to synthesize complex data clearly.
• Professional presence and relationship skills to interact effectively with clients, general partners, and colleagues at all levels.
• Ability to work independently within a highly integrated global team.
• Willingness to establish an investment position and confidence in investment convictions.
• Intellectual curiosity, demonstrated contribution to thought leadership, and forward thinking.
• Willingness to travel domestically and internationally.
• Maturity, self-starting ability, and capacity to work in a global, fast-paced, collaborative, high-performing team while managing a wide range of responsibilities.

Nice To Haves

• Prior fund experience is preferred, though not required; broader investment experience will be considered.
• MBA or similar advanced degree is preferred but not required.

Responsibilities

• Meet with general partner groups to evaluate potential investment opportunities.
• Manage deal flow across the global venture capital portfolio, with a focus on venture capital funds.
• Conduct market research on investment sectors and themes.
• Lead and conduct due diligence, identifying investment merits and considerations through qualitative and quantitative analysis, meetings with fund managers, strategy reviews, reference checks, and on-site visits.
• Perform due diligence on growth-stage co-investments.
• Prepare memoranda and participate in internal investment committee discussions.
• Work with counsel to negotiate partnership terms and coordinate closings.
• Support construction and evaluation of fund portfolios.
• Provide thought leadership on investment and industry trends.
• Help author internal and external research and thought pieces.
• Mentor and manage junior team members.
• Attend annual meetings and review quarterly reports and related materials.
• Document compliance with investment guidelines.
• Monitor the investment forward pipeline and allocation planning.
• Support marketing efforts through new-business presentations to potential clients and consultants.
• Market the firm’s capabilities to market participants to generate secondary and direct growth-stage deal flow.
• Support investor relationships for existing global venture mandates.
• Support firm initiatives related to its business plans and contribute positively to the firm’s culture and thought leadership.

Benefits

• Medical, dental, and vision coverage.
• 401(k) with immediate vesting and employer match.
• Profit sharing.
• Flexible spending accounts (FSA).
• Paid parental leave, including adoption.
• Generous paid time off.
• Commuter benefits.
• Employer-paid short- and long-term disability insurance.
• Employer-paid life insurance.
• Additional voluntary benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed