Investment Associate, Healthcare (Pre-MBA)

San Francisco

POSITION SUMMARY:

B Capital is looking for a pre-MBA Associate for the Digital Healthcare Team who has an incredible drive to assist in the investment process from end-to-end. Primary responsibilities will be helping identify new healthcare investment opportunities through research-driven sourcing, researching markets and sector trends, evaluating deals, and conducting detailed business and financial due diligence.  The individual will work across all four of our healthcare areas of healthcare IT, digital health, biotech, and innovative medical technology.  The role requires a scientific or engineering background, maturity, flexibility, intellectual curiosity, and a proven track record of taking ideas and quickly turning them into action.

BASIC JOB RESPONSIBILITIES:

Market research

• Develop market research and investment theses to guide sourcing efforts.
• Source new investment opportunities based on investment themes and research.

Deal screening and evaluation

• Evaluate and assess the viability of investment materials we receive from potential companies.
• Lead key pieces of diligence on investment opportunities and deal processes (e.g., audit, tax, legal, financial modeling, etc.).

Building company value

• Deliver high-touch support to our portfolio companies across a number of operating areas.
• Utilize the firm’s and BCG’s networks to connect companies with highest value customer targets.

BASIC JOB REQUIREMENTS:

• Passion for disruptive technology.
• 1-3+ years of relevant work experience strongly preferred (e.g., top-tier consulting firm focused on healthcare opportunities, investment banking on a healthcare team, operating experience either at a healthcare company or early-stage, venture funded business, or equivalent)
• Undergraduate degree in biology, biomedical engineering, engineering with biology, biochemistry or other relevant field is highly desired.
• Excellent quantitative and qualitative analytical skills.
• Prior VC/PE investing experience not required, but a plus.
• The role will be based in San Francisco, and you must be comfortable relocating or presently based in SF
• Hybrid Work (2 days in SF office)

KEY COMPETENCIES:

The ideal candidate has strong analytical abilities and is intellectually curious – particularly in terms of new and emerging technologies.

• Awareness of the market and a perspective on potential investable market trends.
• Experience distilling ideas and insights into clean, digestible formats (e.g., slides, documents) required.
• Experience with detailed financial modeling including P&L, balance sheet and cash flow statements as well as quantitative market research (e.g. valuation comps) required.
• Exposure to core venture capital “math” skills (e.g., cap table, returns modeling) and familiarity with standard venture terms and concepts a plus.
• Entrepreneurial spirit to help us shape new portfolio investments and our own company.
• Exceptional interpersonal skills, business judgment and work ethic.

ABOUT B CAPITAL:

B Capital is a multi-stage global investment firm that partners with extraordinary entrepreneurs to shape the future through technology. With more than $6 billion in assets under management across multiple funds, the firm focuses on seed to late-stage venture growth investments, primarily in the enterprise, financial technology, and healthcare sectors. Founded in 2015, B Capital leverages an integrated team across nine locations in the US and Asia, as well as a strategic partnership with BCG, to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets, and build exceptional companies. For more information, click here.

B CAPITAL GROUP CORE VALUES:

• Generosity: We’re collaborative and always willing to share our time and knowledge.
• Resilience: We’re persistent and determined to succeed, persevering through challenges and seeing change as an opportunity.
• Open-mindedness: We’re curious and welcoming. Our global perspective and commitment to diversity, equity, and inclusion make our culture stronger and more innovative.
• Will: We believe in the companies we’ve invested in and we’ll do everything in our power to help them change the world for the better.
• Teamwork: We value our relationships above all. We work hard to build trust and respect with founders, investors, partners and colleagues.
• Humility: We add value by going beyond for founders and LPs. We strive to let our work speak for itself.

B Capital Global US LLC is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, national origin, disability, protected veteran status, or any other characteristic protected under federal, state or local law.

Salary Range for CA Candidates only. The actual salary may subject to change and will commensurate according to relevant experience.

Salary expected range: $120,000 to $150,000

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