Avon Venture Fund
The Research Associate reports to the Managing Director leading the Avon Venture Fund. The role will build the team’s research capabilities through:
Developing thesis areas, including identifying new market segments Performing deep quantitative and qualitative analysis on macro (e.g., market analysis, consumer trends) and micro topics (protocol design, token economics) Sourcing investment opportunities and supporting due diligence of investments Supporting portfolio holdings, including an active role in the broader Fidelity digital asset ecosystem Attending conferences and seminars to develop and refine learnings
The role is intended to progress with Avon Ventures and has a pathway to leadership positions.
The Expertise and Skills You Bring
- 2+ years of prior experience in the crypto industry
- Undergraduate degree required
- Passion for crypto, cryptoassets, blockchain technology, and Web3 infrastructure
- Curiosity, proactivity, collaboration, adaptability, and comfort in a fast-paced environment
- Analytically rigorous, robust quantitative skills, and attention to detail
- Excellent oral and written communication skills
- Willingness to network, attend conferences, etc. to build expertise and source investments
- Permission to work in the US is required
Avon Ventures is a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments. Avon is an early-stage venture fund investing in the crypto and blockchain ecosystems. The Venture Associate will be a key member of the Avon Ventures investment team.
Avon Ventures is backed by Devonshire Investors, a private investment firm affiliated with FMR LLC. Headquartered in Boston, Devonshire manages investments on behalf of FMR and its shareholders in businesses outside of the financial services industry. The Avon team is based in Boston, MA, and is located in Fidelity’s offices. At Avon, we invest thematically in the foundations of the cryptoasset and blockchain ecosystems. Our portfolio companies include exchanges, prime brokers, market makers, decentralized finance platforms, data & analytics, security & compliance, and infrastructure as well as emerging use cases in the broader Web3 economy (gaming, music, etc.). We take a fundamentals-based, founder-focused investment lens supported by our deep industry expertise and network – including our footprint within Fidelity’s digital asset ecosystem.
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a Best Place to Work in 2023. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 3.