Website Village Capital
About Village Capital
Village Capital is a nonprofit organization committed to reinventing the system to back the entrepreneurs of the future. Known for its innovative approaches, Village Capital supports founders addressing significant social, economic, and environmental challenges. Since its founding in 2009, Village Capital has supported over 170 entrepreneur support organizations (ESOs) and more than 1,600 startups that have collectively raised over $5 billion in investment capital. Its mission focuses on unlocking social and financial capital for early-stage companies, fostering significant business and impact growth in the entrepreneurial ecosystem.
About this Role
The Fund Manager will be responsible for launching and managing a pilot fund aimed at addressing capital gaps and improving access to funding for entrepreneurs from underrepresented backgrounds. This US-based role requires the Fund Manager to collaborate closely with community-led entrepreneur support organizations (ESOs) to build and manage this innovative fund. The role will involve fundraising, developing partnerships, and driving investment processes, all directed towards demonstrating the fund’s proof of concept for a larger scale implementation. As a critical player in Village Capital’s mission, the Fund Manager must be passionate about fostering systems-level changes in access to capital for underrepresented entrepreneurs and strengthening ESO capacities.
Responsibilities
- Finalize the design of the fund in collaboration with the Impact Investments team.
- Lead the fundraising process to secure the targeted $5M capital for the pilot fund.
- Build the brand, visibility, and leadership of the fund with support from the Communications team.
- Engage and support a community of eligible ESOs to act as venture partners.
- Identify and evaluate investment opportunities with ESO venture partners and conduct thorough due diligence.
- Oversee the entire investment process, including deal execution and legal due diligence.
- Support portfolio companies post-investment to ensure growth and success.
- Manage the financial operations of the fund, including cash management and compliance with legal, regulatory, and tax requirements.
- Build and maintain relationships with stakeholders, including investors, portfolio companies, and strategic partners.
Requirements
- Bachelor’s Degree in Finance, Accounting, Business, Economics, or other relevant fields.
- Minimum of 7 years of experience in entrepreneurial ecosystems, with at least 3 years in early-stage venture capital or angel investing.
- Proven success in building long-term relationships with investors or funders.
- Proficiency in financial modeling, market analysis, and evaluating potential investments.
- Exceptional communication skills for presenting to prospective investors and articulating the fund’s mission.
Benefits
- Not specified. Note: No additional job benefits were listed in the provided description.
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