PARTNER GROWTH VENTURE CO-INVESTMENTS FUND
City : Head Office / Siège Social
Category : Venture Capital
Industry : Banking
Employer : BDC
We are banking at another level.
Choosing BDC as your employer means working in a healthy, inclusive, and skilled workplace that puts forward the best conditions to bring together unique teams where employees are empowered to act. It also means being at the centre of ambitious economic and financial projects to see further and to do things differently, to fuel the success of Canadian entrepreneurs.
Choosing BDC as your employer also means:
Flexible and competitive benefits, including an Employee Savings and Investment Plan where BDC matches part of your voluntary contributions, a Defined Benefit Pension Plan, a $750 wellness and health care spending account, to name a few
In addition to paid vacation each year, five personal days, sick days as necessary, and our offices are closed from December 25 to January 1
A hybrid work model that truly balances work and personal life
Opportunities for learning, training and development, and much more...
Partners actively participate in the leadership of our funds, supporting the Managing Partner by sourcing potential deals, driving complex transactions, taking responsibility for the overall portfolio performance, and participating in the fund’s strategy formation.
The Growth Venture Co-Investment Fund (GVCF) team operates within BDC Capital and is focused on growing and scaling the next generation of Canadian venture-backed champions. Currently investing out of the GVCF II 350M$ growth stage fund, our participations range from $5M to 25M in late stage (>$10M in revenues) venture capital-backed companies in Canada, across a broad range of technology sectors. The GVCF team currently manages 26 active late-stage companies. Total AUM is over 500M$. We expect to launch GVCF III of 350M$ in April 2024.
In this role, you will be one of the main representatives of your fund, sourcing high-quality investment opportunities through rigorous and fact-based due diligence, leading syndication as necessary and executing qualified deals that ultimately shape the future of the Canadian economy. This position requires a seasoned perspective on deal-making, and top-notch ability to build partnerships within the investment community, presenting BDC Capital as a first-class investor to companies, corporates, Limited Partners and other General Partners.
CHALLENGES TO BE MET
Build and maintain wide and strong networks within the business and investment communities, raising the profile of the fund as a prime investor
Build and leverage connections in the investment communities in Canada and globally to drive high-quality deal flow
Attend conferences and networking activities, to source opportunities on behalf of the fund, and to act as an ambassador for the fund, BDC Capital and BDC
Promote the fund, BDC Capital and BDC by speaking at conferences, publishing thought leadership material and promoting networking opportunities
Maintain relationships and work with General Partners to identify upcoming funding rounds at attractive companies, ensuring the fund’s presence in the deal
Coordinate team priorities to review, validate and execute due diligence activities
Delegate, when appropriate, or lead complex due diligence for new and/or existing investment opportunities by orchestrating analyses such as market, competition, management, sales, products, capitalization tables, and anything that is relevant to determining potential business and exit strategies
Lead the team in the production of thorough and compelling Investment Memoranda, eliciting sound rationales behind investment options and influencing the internal Investment Committee
Prepare documents and attend relevant Investment Committees’ meetings to present investment opportunities, justify their viability, and obtain buy-in
Portfolio Management & Support
Provide hands-on, value- added support (e.g., mentoring, capital introductions) to portfolio companies to support business building while developing multiple exit options and delivering top-quartile internal rate of return over the life of the fund
Represent the interests of the fund as a board observer or director of existing portfolio companies, actively influencing and supporting the management of portfolio companies when appropriate
Lead the efficient monetization of portfolio companies rolled into the fund to maximize proceeds on exit
Support the Managing Partner in the team’s general management
Contribute to identifying talent internally, hiring candidates externally, and developing high-quality team members
Foster a high performing team environment within the internal fund built on trust, collaboration, and high aspirations
Contribute to successful fund launch and maintenance by developing the fund’s investment thesis, strategy, and tactical approach
Work collaboratively with BDC management and colleagues in other funds to share insights and information on all investment decisions
WHAT WE ARE LOOKING FOR
10+ years of experience in a role involving structured thinking, financial analysis, and technical expertise. These profiles are likely to come from, but are not limited to:
Finance roles: venture capital, private equity, investment banking, accounting firms
Operator roles: technology startup, industry-leading corporation, industry specialist
Advisory roles: consulting, law, corporate strategy, corporate development
Bachelor’s degree in Commerce, Economics, Science, Technology, Engineering or Mathematics (STEM). Other degrees are viable, if the professional has strong analytical skills
A post-graduate degree or equivalent certification is valuable. Typical post-graduate credentials are likely to be, but are not limited to:
Master’s degree in business administration (MBA)
Other STEM Master’s or PhD degree
Chartered Financial Analyst (CFA)
A successful track-record of investments in private equity, venture capital or indirect investing
Expert understanding of the deal process, from sourcing to due diligence, to portfolio management
Ability to build a strong network in the Canadian and international investment ecosystems, sourcing deal prospects and partnership opportunities with other funds and investors
Solid understanding of financial statements and operational topics, easily translating them into insights about the business
Strong skills in Excel, particularly in building robust financial models that include sensitivity analysis and scenario modeling, as well as performing complex data analysis. Any other analytic tools and techniques are an asset
Good ability to use other MS suite applications efficiently, mainly Word and PowerPoint
Good ability to problem-solve using structured thinking and communication techniques
Ability to write and to coach a team at writing an Investment Memo that is clear, concise, and eloquent
Technology skills with wide application, such as coding, chemistry or electronics can be an asset
Operational knowledge of any technical industry is an asset
Bilingualism in French and English is required, particularly in presenting results and information to an executive-level audience
Leadership to inspire and drive a team towards excellence and positive results
Well-intentioned and generous attitude to coach and mentor team members to progress in their personal and professional developments
Ability to work collaboratively and build positive relationships with stakeholders within and outside BDC, with a sensible approach to vertical and horizontal relationships
Interpersonal polish and strong business communication, effectively influencing executive and operational audiences
Continuous learning attitude, with maturity to give and take feedback constructively
Comfort working in a fast-paced environment, with objectives to meet within tight deadlines
Proudly one of Canada’s Top 100 Employers and one of Canada’s Best Diversity Employers, we are committed to fostering a diverse, equitable, inclusive and accessible environment where all employees can thrive and feel empowered to bring their whole selves to work. If you require an accommodation to complete your application, please do not hesitate to contact us at firstname.lastname@example.org.
While we appreciate all applications, we advise that only the candidates selected to participate in the recruitment process will be contacted.