Investment Team, Manager Selection; Private Portfolio Associate Director

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Job Summary

This professional will be a core member of Investure’s Investment Team focusing on Manager Selection and will work to identify, evaluate, select, structure, and monitor investments globally across a range of asset classes and opportunity sets with a focus on private market strategies, particularly venture capital and growth equity. Investure operates with a long-term, ownership-oriented, fundamental investment philosophy, and this person will contribute to the execution of that philosophy through a combination of (i) creating and sourcing investment opportunities, (ii) underwriting and executing due diligence, (iii) monitoring existing investments and portfolio exposures, and (iv) contributing across the functions of the investment team and the organization.

Candidates must be innately curious, self-catalyzing, and open-minded. The ideal candidate will demonstrate a strong work ethic, a passion for investing, the ability to execute with a balance of creativity and discipline, and the ability to lead and network effectively. Cultural fit, humility, and maturity are imperative. This professional must be able to travel frequently even on short notice. The position is based in-office with a remote option on Fridays and during the summer a remote option for Thursdays and Fridays.

Investure will not sponsor H-1B or other employment-related visas for this position.

The Company

Based in Charlottesville, Virginia, Investure was founded in 2003 to serve as the outsourced investment office to a select number of non-profit endowments and private foundations. Managing assets of approximately $18 billion as of April 2024, Investure is responsible for portfolio management, asset allocation, and manager selection investing across a number of asset classes, including fixed income and credit, global public equities, alternative investments (e.g., hedge funds, private equity, venture), and real assets.

Investure has a fast-paced culture where there is a vast opportunity for learning and strong expectation of teamwork, collegiality, and integrity. We are a mission-driven organization that values continuous improvement, excellence, and employee engagement.

Essential Functions

Responsibilities of the role include, but are not limited to:

• Source and maintain investment manager relationships and identify/create investment opportunities:
• Build relationships outside Investure’s current network in private market strategies,

• Identify and study areas of potential opportunity and/or market turbulence;
• Track and build relationships with managers and comparable organizations previously

• Diligence investment managers and opportunities:
• Independently analyze markets, investment strategies, and potential investment ideas;
• Lead an investment idea from sourcing through closing and ultimate realization;
• Develop and communicate investment thesis tenets, key risks, and underpinning analyses;
• Vet a manager’s investment process and key employees;
• Analyze and decompose prior returns and track record;
• Complete diligence calls and meetings;
• Structure, model, evaluate, and negotiate term, fee, governance, and liquidity structures

• Review and record all due diligence materials;
• Formulate and present investment ideas and analysis to the Investment Team and co-CIOs;
• Write investment memorandum for internal and external distribution.
• Portfolio Monitoring and Reporting:
• Track and evaluate significant portfolio developments and evolution;
• Monitor and engage with existing investment partnerships;
• Collaborate with operations and legal teams to evaluate and process legal amendments;
• Contribute to the development of client analyses, communications, and presentations as

• Assist with ad hoc investment research and investment-related projects as needed;
• Extensive travel is required.