The Investment Associate will report directly to the Chief Investment Officer (CIO). The Investment Associate’s primary role will be to assist the CIO in managing the many transactions that occur within Innovation Work’s portfolio of companies on a day-to-day basis. This individual will be responsible for helping to maintain the various investment and portfolio related databases and sources that IW builds and employs, assist in maintaining follow-on investor relationships, and take on additional projects as required. The Investment Associate will also assist IW’s in-house Legal Counsel with various legal tasks related to portfolio companies. The Investment Associate is a key employee within Innovation Works and the position requires the highest level of integrity, responsibility, and organizational skills. The Investment Associate will receive broad experience in managing venture capital transactions, due diligence and legal aspects of private equity investments.
Primary Responsibilities:
- Maintain IW’s portfolio company database of securities including debt, equity, warrants and other
- Work with portfolio companies to ensure capitalization tables are continually up to date
- Keep up to date the IW master portfolio spreadsheet of external follow-on investments
- Assist Legal Counsel as needed
- Prepare documents for, attend and record and disseminate accurate minutes for all Investment Committee meetings
- Input quarterly investment data into data reporting services such as Moneytree and Dow Jones
- Incorporate and maintain investor contact information in SalesForce
- Assist CIO in maintaining regular contact with potential follow-on investors
- Revamp and/or create high level VC “pitch book” similar to investment banker style deal books
- Regularly check and update portfolio company listings on the IW website
- Create and maintain a database of terms sheets
- Create and disseminate annual reports on financing trends
- Assist in managing issues around portfolio company collections and final reports
- Attend various venture/angel fairs and other events
- Help with new funding sources such as Heinz, Hygrid, CDFI, SSBCI, etc.
- Support CIO in managing the investment funnel, prepping board materials, due diligence, etc.
- Assist CIO in investor outreach as required.
Qualifications and Requirements:
- Minimum BS/BA, finance or scientific/technical degree preferred.
- Preference for an individual with work experience and/or familiarity in the venture capital and/or entrepreneurial areas
Attributes:
- Excellent written and verbal communication skills
- Ability to work with complex spreadsheets, databases, etc.
- Strong analytical skills.
- Self-starter willing to take initiatives
- Strong sense of accountability and attention to detail
- Ability to juggle many competing priorities/deadlines
- Highest personal integrity and team-orientation
Kathy Mitchell
Human Resources Strategist
Innovation Works, Inc.
2000 Technology Drive, Suite 250
Pittsburgh, PA 15219
