The Director will be integrally involved in all aspects of life sciences and other healthcare
investments and portfolio management activities for the NYSIVC Fund, including the identification of
potential investment opportunities, due diligence, and post-investment monitoring activities.
WORK PERFORMED:
The Director will be responsible for providing support to the NYSIVC Fund’s Managing Director and senior
staff in all aspects of executing the fund’s investment strategy in the life sciences and healthcare sectors.
NYSIVC invests in start-up companies across NYS. Our focus is to foster a start-up ecosystem that creates
new opportunities for diverse entrepreneurs to build and scale meaningful businesses in the state. Job
responsibilities may include, but are not limited to:
Participating in all aspects of the investment due diligence process for fund investments in the life
sciences and healthcare industries including technical due diligence, market sizing and mapping,
competitive market identification, financials review and industry research
Developing and maintaining financial models related to VC financings, investment deal and
company restructurings, valuation analyses, and liquidity events
Preparing new investment deal review and presentation materials for the NYSIVC Fund Investment
Advisory Committee and the ESD Board of Directors.
Supporting and initiating active deal flow sourcing of new investments including participating in
meetings with founders and entrepreneurs, attending relevant conferences and networking events,
and maintaining deal pipeline records
Represent ESD and/or NY Ventures at conferences and meetings, make presentations and
participate in panel discussions regarding building and scaling startup companies.
Cultivate relationships with other investors (angel, institutional and/or strategic), and with other
ESD and NYS employees involved in supporting start-up and growth companies.
Oversight of investments in life sciences, healthcare and other companies as may be assigned
including serving as board observer when appropriate, maintaining a strong relationship with CEO
and/or other executive management members, tracking progress of the company and supporting
the company in its growth, development and financing strategies.
Maintaining the NYSIVC company portfolio – This includes collecting and reviewing quarterly
financial information, maintaining investment data, preparing company updates, and constructing
professional presentation materials.
Assist in the analysis of the Innovate Fund-of-Fund’s portfolio (as needed)
Outreach to NYS incubators, universities and other assets for deal sourcing and partnering.
Working effectively with other colleagues within ESD and NYS to further the development of the
work of NYSIVC and the Small Business and Technology Division including developing new programs
that support startup companies.
Others special projects as assigned.
Position expected to work onsite and/or remote consistent with NYS and ESD guidelines and needs.
EDUCATION & REQUIREMENTS:
Education level required:
Minimum of a Bachelor’s Degree in life sciences, biological sciences or related field (or equivalent work
experience in one or more of these sectors) required. Advanced Degree in Business, Law, Economics, Life
Sciences or Public Policy preferred
Equivalent Experience Knowledge Required:
3+ years of investment related experience at a PE/VC firm, or in the alternative two or more years of
investment banking, legal or strategy consulting experience in life sciences or health care sectors.
Strong knowledge and passion for life sciences technology and entrepreneurship.
Solid writing and financial analysis background.
Excellent interpersonal and networking skills with proven ability to develop and maintain effective business
relationships.
Analytical skill and ability to interpret data and provide relevant conclusions/recommendations.
Excellent computer and organizational skills, ability to work with limited supervision and able to articulate
ideas in a group setting
If interested, please apply here.
