Investment Principal (1826

Aramco Americas Company Investment Principal (1826) Aramco Ventures (AV) - Houston, TX. or Boston, MA.

- Fulltime

JOB PURPOSE:

Aramco Ventures (AV) is the corporate venturing arm of Aramco, a world leading integrated energy and chemicals company. The mission of the strategic venturing program – our $1.5 billion sustainability fund and $500MM digital/industrial fund – is ‘to invest globally into start-up and high growth companies with technologies of strategic importance to Aramco, to accelerate their development and deployment in Aramco’s operations’.

Established in 2012 with an initial investment capital allocation of $500MM, AV is a leading corporate venturing program globally and within the energy industry and aims to be seen as a leading value-adding strategic investor in the global venture capital community. The Sustainability fund, announced in October 2022, supports Aramco’s ambitions to achieve net-zero Scope 1 and 2 greenhouse gas emissions across its wholly owned operated assets by 2050, development of new lower-carbon fuels businesses, and furthering Aramco’s broader environmental objectives.

The original $500 million fund from 2012 is now expected to be evergreen and has been refocused on digital and industrial technologies that can add value to Aramco’s operations.

The Investment Principal is responsible for supporting all aspects of venture capital investing including sourcing, evaluation, development of investment memoranda, negotiation, execution, portfolio management, performance reporting, and exits of deals in the Western Hemisphere. This position will focus on investments in downstream oil & gas, energy efficiency, digitization and enterprise software for large industrial corporates including AI, renewable energy and water technologies.

Aramco’s regional investment teams are responsible for identifying and executing opportunities for investment in North America, Europe and globally. The teams will coordinate screening of new proposals with Saudi Aramco entities and corporate operations, perform extensive on-the-ground due diligence on target companies and its management, and lead the investment process and portfolio management of portfolio companies.

• Develop strong and wide networks with venture capital community, including other investors, Portfolio Companies, entrepreneurs, thought leaders, universities and research centers in North America.
• Source quality deals through networking and maintains deal flow & contact database entries.
• Support screening processes to vet deals through strategic value considerations and economic soundness.
• Performs site visits, calls and interviews with start-up management.
• Create, contribute to and/or maintain novel investment theses relevant to our mandate.
• Expertise in using AI tools to leverage and augment all the above points.

• Coordinate and lead in-depth company and market evaluations and due diligence that would cover a review of the target company’s management team, technology/IP, company financials, proposal’s market potential, competitive positioning, company governance and structure, etc.
• Develop comprehensive Investment Memoranda for Investment Committee review.
• Provide professional recommendations on investments.
• Lead Term Sheet development and negotiation.
• Coordinate with legal counsel review of target company legal due diligence.
• Coordinate execution of investment deals.

• Represent equity ownership in portfolio companies through Board seat representation either through an active role or in an observer’s capacity. Monitor and add value to investments.
• Coordinate timely information on company related issues to headquarters and management.
• Develop…