VC Associate @ Partnership for New York City in New York City, NY

PFNYC

Associate Position Job Posting 

Location: New York City – On-Site 

Start Date: May 2026 

The Partnership Fund for New York City is an impact fund that is dedicated to mobilizing private  sector resources and expertise to advance New York City’s standing as a global center of  economic opportunity, upward mobility, and innovation. The Fund invests in entrepreneurs and  innovators in the for-profit and nonprofit sectors who contribute to building a more vibrant and  inclusive New York City economy. A key focus of the Fund is the application of new technology  that serves the public interest.  

The Partnership Fund was founded in 1996 by Henry Kravis as the investment arm of the  Partnership for New York City. The Fund has invested over $200 million since inception. As an  “evergreen” fund, realized gains are continuously reinvested. 

In addition to its investment activity, the Partnership Fund also operates innovation labs with  public-sector partners, including the Transit Tech Lab, the Environmental Tech Lab and the Buildings Tech Lab, as well as the FinTech Innovation Lab in partnership with Accenture. 

Summary of Position: The Partnership Fund offers Associates unique exposure to public sector  innovation, mission focused venture investments and public-private community development.  Associates are integrally involved in every aspect of the Fund’s work, from investment review  and portfolio monitoring to researching new initiatives of the Fund and expanding the Fund’s  network. Through their work at the Fund, Associates are exposed to a wide range of mission  aligned companies, projects and initiatives. 

Interested candidates should apply through this link:  

https://partnershipfornyc.typeform.com/to/PeVKs8tp 

Responsibilities 

Investment Review 

  • Evaluate business plans and provide feedback to senior management 
  • Assist senior management and a team of industry experts in conducting due diligence and  analyzing investments.  
  • Build and sensitize detailed financial models 
  • Prepare investment memoranda for approval from the Partnership Fund board 
  • Draft and execute deal documents with senior management and pro bono legal assistance

Portfolio Management 

  • Monitor financial and qualitative performance of portfolio companies and keep Partnership  Fund senior management informed 
  • Update financial models and reports of portfolio companies  

Advance Fund Mission  

  • Contribute to building the organization 
  • Conduct outreach to build the Fund’s network and to source potential companies for direct  investments and the Fund’s innovation labs.  
  • Represent the Fund at conferences and events  
  • Conduct research in support of the Fund’s initiatives and innovation labs 
  • Perform organizational tasks to ensure success of the Fund 

Qualifications 

  • At least two years’ work experience involving in-depth financial modeling and corporate  

valuation (most commonly investment banking, but can be other roles with demonstrated  

financial experience) 

  • Excellent financial modeling, analytical skills, and ability to understand business issues 
  • Exemplary written communication skills and interpersonal and verbal skills 
  • Interest and/or experience using AI tools related to making and monitoring investments 
  • Strong commitment to social impact and entrepreneurship and to the Fund’s double bottom  line mission 

Salary and Benefits 

We offer an excellent benefits package including medical, dental, 401(k), commuter benefits and  paid time off. The annual salary for this position is $95,000. This is a 3-year position on-site. 

The Partnership for New York City is deeply committed to providing equal employment  opportunities to all individuals without regard to age, race, creed, color, national origin, sexual  orientation, gender identity, gender expression, transgender or intersex status, military status,  sex, disability, predisposing genetic characteristics, marital status, familial status, caregiver  status, domestic violence victim status and intern status or any other characteristic or status  protected by applicable law.