Associate VC Job at Partners HealthCare in Boston

As a not-for-profit organization, Partners HealthCare is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women’s Hospital and Massachusetts General Hospital, Partners HealthCare supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.

We’re focused on a people-first culture for our system’s patients and our professional family. That’s why we provide our employees with more ways to achieve their potential. Partners HealthCare is committed to aligning our employees’ personal aspirations with projects that match their capabilities and creating a culture that empowers our managers to become trusted mentors. We support each member of our team to own their personal development—and we recognize success at every step.
Our employees use the Partners HealthCare values to govern decisions, actions and behaviors. These values guide how we get our work done: Patients, Affordability, Accountability & Service Commitment, Decisiveness, Innovation & Thoughtful Risk; and how we treat each other: Diversity & Inclusion, Integrity & Respect, Learning, Continuous Improvement & Personal Growth, Teamwork & Collaboration.

Innovation is responsible for the global commercial application of the unique capabilities of the 60,000 faculty and employees of Partners HealthCare — the nation’s largest academic research enterprise with more than $1.5 billion in annual research expenditures. Partners is a health care system comprising Harvard affiliated core hospitals – Brigham and Women’s Hospital, Massachusetts General Hospital and McLean Hospital. Innovation has responsibility for patent protection, licensing, related business development, investment and management of all intellectual property emerging from the Partners HealthCare investigator community.

Within the Partners Innovation group, the Partners Innovation Fund (PIF) manages a $150 million commitment of venture capital dedicated to creating new companies for developing products based on Partners intellectual property. The Fund staff is responsible for all aspects of new venture creation including sourcing and evaluating technologies, recruiting management, attracting co-investors, due diligence investigation and advising PI founders either in a supporting or lead role. In addition to that, there are a variety of new activities associated with the management of Partners Innovation Fund II such as Limited Partner relations and regulatory requirements. This position will involve significant interface with representatives from the investment, industry, entrepreneurial, clinical and research communities.

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