Position Title: Associate - Dementia Discovery Fund
Location: Boston Office
Effective Date: Immediate
Compensation: Competitive
About the Opportunity
SV Health Investors’ Dementia Discovery Fund (DDF) is seeking an ambitious and driven Associate to join its investment team in Boston.
This is a unique opportunity for a candidate with a strong scientific background, proven experience in business or investing, and an entrepreneurial mindset to play a key role in advancing transformative innovations in neurodegeneration. You’ll be joining a leading biotech venture capital fund that recently announced a new $269 million fund (DDF-2), with significant long-term potential for growth and advancement.
Fund: The Dementia Discovery Fund
DDF is the world’s largest family of specialized venture capital funds that invests exclusively in companies developing or enabling novel therapeutics for dementia. Dementias including Alzheimer’s Disease are arguably the largest unmet medical need with over 55m patients worldwide. With more than $550m raised for this strategy, and offices in London and Boston, DDF capitalizes on global investment opportunities to fulfill its dual mandate of delivering measurable impact and generating significant financial returns. Utilizing its network of venture partners, entrepreneurs, leading scientists, and strategic partners, DDF invests in and creates new biotech companies and provides thought leadership in the field. DDF is enabled by its limited partners including major pharmaceutical companies (Biogen, Bristol Myers Squibb, Eli Lilly and Co., GSK, Johnson & Johnson, Otsuka (Astex), Pfizer and Takeda), along with AARP, Aegon, British Business Bank, Gates Frontier, gradiant, UnitedHealth Group, and the non-profits the Alzheimer’s Association, Alzheimer’s Research UK and LifeArc.
Since DDF’s initial closing in 2015, the Fund has built a portfolio of 20 active and exited investments in drug discovery and platform companies, predominantly located in the US and UK. Eleven of these companies were created or built by DDF and SV. DDF is enabled by its networks and influential group of investors. Learn more at https://svhealthinvestors.com/....
The position
- The successful candidate will source and evaluate potential investment and company creation opportunities, drive the technical and commercial due diligence on investment targets, as well as assist on deal execution and investment management.
- The successful candidate will work closely with the senior investment team and support it on all aspects of both the investment process and portfolio management. They will also collaborate with DDF’s scientific advisors and engage with the broader scientific community to provide valuable input to DDF’s portfolio companies.
- The successful candidate will be expected to be able to operate in an entrepreneurial environment and exhibit independence and leadership capabilities.
- The position requires strong communication skills, and the successful candidate will frequently interact with our external stakeholders in the life sciences and venture capital industry, as well as the fund’s investors.
- The position will be based in Boston and will require the candidate to work from the office and will require occasional travel.
Responsibilities: (to be adjusted for experience)
- Use a scientifically driven approach to identify new areas of emerging science and investment opportunity.
- Pro-actively source new investments from academia, biotech, and pharma companies.
- Establish and build relationships with academics and executives, attend industry events.
- Manage deal flow & initial review of inbound deals; prioritization of opportunities.
- Lead scientific and commercial due diligence in partnership with the DDF team in both London and Boston as well as outside experts, including primary and secondary research.
- Prepare and maintain the internal investment documentation on potential investments and portfolio companies, including investment case presentations, financial analyses and models, and reporting.
- Be actively involved in company creation.
- Be actively involved in portfolio management.
- Create, update, and maintain proprietary firm databases.
- Keep the team current on major developments in the field, by gathering intelligence on industry pipelines, new research findings, new companies, and other relevant information.
- Perform other tasks as necessary to support the team.
Skills and qualifications
- One to two years of work experience in a relevant field
- Advanced scientific degree (e.g., Ph.D., M.D.) required with a strong mechanistic understanding of disease.
- Prior experience in drug discovery and development a strong plus.
- Excellent numerical and analytical skills required. Prior experience in venture capital, strategic consulting, investment banking, equity research or business or corporate development in life sciences a strong plus.
- Must be an entrepreneurial individual with the ability to work independently in a dynamic, fast-moving environment. Must be able to pro-actively prioritize competing demands and deliver high-quality results.
- Exceptional written, verbal, presentation, and interpersonal skills (including networking) required. Experience in written and oral communication to senior executive level audiences a plus.
- Must have strong integrity, judgement, work ethic, and be a team player.
Please submit your application (Cover Letter, CV) to apply@svhealthinvestors.com
SV Health Investors, LLC is an equal opportunity employer and affords equal opportunity to all applicants for all positions without regard to race, color, religion, gender, national origin, age, disability, veteran status, sexual orientation or any other status protected under local, state or federal laws. Successful candidates must be able to work in the U.S. for other than practical training. Nothing in this job posting should be construed as an offer or guarantee of employment.
