Equity Fund Analyst

Applications will be reviewed on a rolling basis, and the position will be open until filled.

The Equity Funds Analyst will join VCDC’s Equity Funds & Investor Relations team to support all aspects of VCDC’s equity fund program. This includes monitoring fund performance, preparing reports for investors and other stakeholders, and contributing to fund formation and investor outreach efforts. This role supports VCDC’s mission by strengthening fund operations, enhancing investor relationships, and ensuring accurate, transparent financial analysis.

VCDC is a nonprofit community development organization based in Richmond, Virginia. We provide capital solutions and strategic partnerships to support affordable housing and community development across Virginia and beyond. Our work includes equity investments backed by Low-Income Housing and Historic Tax Credits, compliance and capacity-building support, and consulting services. Through our affiliates, the Virginia Community Development Fund (VCDF) and Virginia Community Development Advisory Services (VCDAS), we also offer lending and technical assistance for housing, commercial, and economic development projects.

Our work is guided by the following values:

People – We go the extra mile for those we serve and work with.

Partnerships – We collaborate with empathy, curiosity, and shared purpose.

Community – We define success by the housing and economic security we help deliver.

Equity – We invest in overcoming injustice and advancing opportunity.

Develop, analyze, and maintain VCDC’s fund models.

Prepare initial fund projections to support investor outreach and subscription activities.

Coordinate with VCDC acquisition staff to evaluate project-level pricing and assess investment adjustments.

Update fund projections at least quarterly based on actual asset performance, including schedule changes and benefit delivery.

Adjust projections as needed to maintain IRR and other benefits consistent with fund targets.

Support fund cash management and tracking, including investor draws, contributions to properties, and bridge loan/reserve activity.

Prepare routine and special investor reports, including quarterly benefit schedules.

Fund Formation and Outreach

Assist in the preparation of investor presentations and marketing materials.

Support the development of responses to investor questions and due diligence requests.

Help maintain investor contact information and the investor outreach calendar.

Participate in investor outreach activities, including meetings, workshops, and conferences.

General VCDC Support & Other Duties as Assigned, including but not limited to:

Participate in required convenings, summits, and staff meetings.

Serve on cross-functional teams to support organizational priorities.

Complete special projects as assigned.

Perform additional duties as needed to support the goals and mission of the organization.

The Equity Funds Analyst is expected to deliver accurate financial analysis, timely reporting, and effective communication with internal and external stakeholders. The role requires strong customer-service orientation, adaptability to evolving priorities, and a proactive approach to ensuring effective fund operations and investor satisfaction.

At VCDC, we recognize that skills and impact come from a variety of paths. If you believe you have the skills and experience to succeed in this role, even if you do not meet every listed qualification, we encourage you to apply.

A successful applicant will:

Be a detail-oriented and proactive team member with strong analytical capabilities.

Demonstrate advanced skills in financial modeling and fund management.

Maintain a high degree of accuracy and independence in daily work.

Collaborate effectively with internal teams and external investors.

Show flexibility and problem-solving abilities to manage a dynamic workload.

Support investor relations through timely, accurate communication and analysis.

Contribute to fund performance objectives through data-driven insights and reporting.

Ideal candidates will bring many of the following qualifications:

Educatio…