Based in Richmond, Virginia, Blue Heron Capital (LinkedIn, Crunchbase) (“BHC”) is a growth equity investment firm focused on investments in the Healthcare IT & Services and Technology-Enabled Business Services industries. BHC has deployed most of the investment assets of Blue Heron Capital Fund I and is preparing to go to market to raise Blue Heron Capital Fund II. Fund II will continue the Fund I investment thesis by making equity investments ($3 million to $7 million per transaction) in small cap growth equity stage companies with $5M-$25M in revenue. Fund II is designed to generate superior returns by targeting inefficient segments of the markets, with a focus on industries and businesses where the General Partner and a committed network of industry experts have deep domain expertise and the ability to accelerate portfolio company growth.
Opportunity Description:
BHC is hiring an experienced Principal / Vice President to join the investment team. This position will include direct interaction with the Managing Partners and Investment Committee.
Responsibilities include:
- Leading all stages of a growth equity investment, including:
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- Conduct market research and analysis to develop investment theses
- Source new investment opportunities and drive deal flow
- Screen prospective investment opportunities
- Perform business due diligence including financial modeling and return analysis
- Structure investments and associated legal documentation
- Prepare memorandums/presentations for Investment Committee consideration
- Perform portfolio monitoring, management and reporting responsibilities
- Identify and monitor possible portfolio company exit opportunities
- Create value for the Blue Heron portfolio:
- Work directly with Blue Heron’s network of Operating Advisors to drive maximum value to each portfolio company
- Proactively work with the management and board of portfolio companies to execute growth and operational improvement strategies
- Support portfolio companies with recruiting, sales, fundraising, and ad-hoc analyses projects (e.g. financial planning, board deck construction, M&A support, etc.)
Other responsibilities include:
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- Lead the annual portfolio company valuation process
- Support the team with quarterly reporting, annual meetings and client requests for information
- Organize and manage industry “roundtable” panel discussions with BHC’s network of industry specific Operating Advisors. Work with the Managing Partners to apply insights gained from these discussion to the Blue Heron investment theses
- Represent Blue Heron at industry and investment conferences
Requisite Experience
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- Experienced investment professional with considerable time at a growth equity, venture capital or private equity firm in a deal team capacity
- Healthcare or technology (SaaS, business services) experience is preferred but not required
- Proven transaction lifecycle experience including thesis development, sourcing, screening, due diligence, negotiating and reviewing legal documentation, investment execution, portfolio monitoring and evaluation, investment exit, fund support, etc.
- Highly developed analytical skills
- Excellent knowledge of financial modeling and comprehension of accounting
- Exceptional organizational, communication, and presentation skills, including the ability to prepare comprehensive and insightful investment memoranda
- Personal characteristics: high intellect, highest degrees of integrity and professionalism, strong work ethic, entrepreneurial, results-driven. Excellent interpersonal skills required
- Experienced investment professional with considerable time at a growth equity, venture capital or private equity firm in a deal team capacity
If interested, please send resumes to info@blueheroncap.com
