Principal, Climate Innovation

Location: New York

Principal, Climate Innovation page is loaded## Principal, Climate Innovation locations:
New York, NY, United Statestime type:
Full time posted on:
Posted 30+ Days Agojob requisition :
R92379#
** Wellington Management
** offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.#

# About the Role Wellington’s Private Investment platform (“PI”) currently manages over $8 billion in committed capital across a broad range of private equity and credit strategies including late-stage growth, climate growth, early-stage venture, real estate debt, and growth lending.  We have built broad private market capabilities powered by the innovative spirit of a boutique and the resources and stability of a global investment manager.

We aim to use our global scale, sector research, and market reach to help partner with innovative, disruptive companies in the private market. Our industry networks, deep insights, and our private and public markets expertise make us strong partners for entrepreneurs. As a fast-growing investment group within Wellington, PI provides an exciting opportunity for a mid-career stage private investment professional to grow his or her skills and career.
** THE POSITION
** We are seeking to recruit an experienced Investor for our Private Climate Investing Team, who will be responsible for investing as part of Wellington’s Climate Innovation Fund (“CIF”). CIF is a growth stage fund investing in companies developing solutions that help mitigate and/or adapt to climate change, at the Series B-D stage. The investment strategy spans a broad set of sectors including energy, buildings, smart cities, industrial efficiency, transportation and mobility, and food and agriculture, typically with asset-light tech-enabled solutions involving software, software-enabled hardware, and data/AI.The

Investor will be responsible for generating deal flow, conducting in-depth due diligence, managing deal processes, developing investment recommendations, and managing ongoing support of portfolio companies. In addition, the candidate will help oversee and develop high performing talent and work across the Wellington platform with impact, investing, value creation, and capital formation teams. The ideal candidate will be a self-directed, hard-working team player who has direct relevant experience and passion for private investing, transformative technologies, and climate.

This position will primarily be located in New York City, with potential to be based in Boston or San Francisco for the right candidate.
** ESSENTIAL SKILLS
** The following essential skills are required for the role:
** Investment Acumen and passion
*** 8-15 years of experience with a track record of playing a key role in generating deal flow and leading comprehensive due diligence for investments in Series B-D stage companies.
* Industry sector knowledge, particularly in energy transition (required), with additional experience in areas such as the built environment, industrial automation, food and agriculture, transportation and mobility, and climate resilience.
* Expertise in financial analysis, modeling, valuation, market analysis, technology assessment, competitive analysis and management team evaluation, using a research-driven, bottom-up approach.
* Demonstrated ability to navigate and win competitive and fast-moving deal processes.
* Strong grasp of relevant technologies, including but not limited to SaaS, AI/data analytics, software-enabled hardware, IoT connectivity and compute, electrification, and infrastructure.
* Interest in climate innovation with a keen understanding of how investment opportunities align with the fund’s mandate.
** Sourcing and Network
*** Proven success sourcing new deal…