Health Velocity Capital is looking for a talented Senior Associate for our Nashville office

About Health Velocity Capital (HVC)

 

Health Velocity Capital is a next-generation, venture capital and growth-stage investment firm investing in growing and innovative healthcare software and services companies. The mission of HVC is to generate outstanding financial returns by being the preferred innovation partner of entrepreneurs and investors working toward the common goal of a high quality, customer friendly, affordable, and sustainable healthcare system.


Role and Responsibilities

We are seeking a Senior Associate to join the firm's Nashville office. The Senior Associate will work side-by-side with Health Velocity Capital's partners in both Nashville and San Francisco. The Senior Associate will be expected to:

Source and assess new investment ideas:

  • Develop clear understanding of an ideal Health Velocity Capital investment opportunity
  • Identify potential investment opportunities through cold call sourcing and network development
  • Independently and professionally conduct initial calls and meetings with prospective investment opportunities and categorize appropriateness for Health Velocity Capital as follows: not worth following up, track closely over time for continuing development, or recommend immediate partner follow-up for current investment consideration
  • Refine existing database to track and monitor sourcing activities
  • Actively network for access to deal and information flow
  • Research and screen potential investment opportunities, ideas and technologies
  • Log all deals sent to partners into deal database

Strategic LP management:

  • Ensure that strategic limited partners and portfolio companies are routinely and professionally asked to identify prospective investment candidates and track leads.
  • Prepare standard strategic limited partner presentation materials and keep track of themes and companies of interest to present.
  • Ensure that meetings with strategic limited partners happen at the required intervals.

Perform due diligence on new investment opportunities:

  • Perform financial analysis, create return models, and screen comparable private and public transactions
  • Analyze market size, competitive landscape and market segments
  • Identify and engage domain experts for answers to specific questions
  • Participate in diligence calls
  • Help compile commitment committee memos
  • Prepare key diligence questions in advance of all diligence calls
  • Type up all diligence notes and input in deals database (all partners do this as well)
  • Input competitive market intelligence regarding other innovative companies into deals database
  • Maintain comparable exit multiples database
  • Assist existing portfolio companies:
  • Leverage personal skills and network to assist portfolio companies in any way
  • Bring to bear the full weight of the firm's network on behalf of portfolio companies
  • Broker business development relationships

Work closely with the Partners on a wide range of other fund operations, including:

  • Prepare a quarterly message to be sent to appropriate HVC contacts that includes portfolio company updates, portfolio company press releases, CEO and advisory board interviews, and teasers seeking deal flow
  • Take calls and meetings on behalf of partners and professionally represent the firm in these calls and meetings
  • Be a visible presence for Health Velocity Capital at local events and at conferences
  • Research and understand various policy initiatives
  • Participate in outreach initiatives to bolster the firm’s reach and reputation
  • Assist with quarterly valuation process and analytics

The Nashville office is currently a small office with one partner who travels frequently, so the candidate must be a self-starter and comfortable working in this kind of environment. The Senior Associate role may also result in frequent domestic travel.


Qualifications

  • 3 – 6 years of total prior work experience
  • Analytic and quantitative skills needed to review financial and market projections, balance sheets, and operating plans of potential and existing investments
  • Work experience at a health care services or health care information technology company OR work experience in venture capital, private equity, strategy consulting, investment banking, or equity research with a specific focus on health care services or health care information technology
  • A passion for the health care industry
  • Record of strong academic performance from a leading undergraduate institution
  • MBA from a leading institution (preferred, not necessary)

 

Location: Nashville, TN

Timing: Immediate

Compensation: Competitive among comparably-sized VC firms

HVC Contact: Please e-mail all resumes to recruit@healthvelocitycapital.com