Investment Associate

Investment Associate

Location:

Remote; preference for Western US

Reports to:

Director of Investments

Salary: $100k to $110k depending on experience

Travel:
Approximately 10-20%; tailored to project responsibilities

Priority Final date to receive applications:
January 23rd, 2026
Preferred

Start Date:

March 15th, 2026

Employment Status:
Full-time

Blue Forest is a conservation finance non‑profit founded in 2015 that is focused on advancing ecosystem restoration through scientific research, financial innovation, and collaborative partnerships. Since 2018, Blue Forest has managed investor capital through its flagship financial product, the Forest Resilience Bond (FRB), which deploys private capital to finance forest restoration projects to reduce the risk of catastrophic wildfires.

More recently, Blue Forest established Blue Forest Asset Management (BFAM), an investment management platform connecting investors to compelling, mission‑aligned private equity and private credit investment opportunities. BFAM’s first investment fund, the California Wildfire Innovation Fund, invests in emerging opportunities across the forest restoration and wildfire mitigation sectors. Building on the success of its first fund, Blue Forest now seeks to expand this impact investing model to support forest stewardship value chains more broadly.

Blue Forest is made up of an interdisciplinary team of scientists, engineers, foresters, finance, and communications professionals committed to the mission: “To accelerate ecological restoration through conservation finance, enabling climate resilience for ecosystems and communities.”

Employees at Blue Forest are:

• Committed to Continuous Learning
• Driven by Collaboration
• Thoughtful Innovators for Impact
• Grounded in Science
• Passionate about Restoring Earth’s Ecosystems

We are seeking a dynamic Investment Associate to join our Blue Forest Asset Management team. The Investment Associate will support investment transactions, portfolio management, and new fund development. This role requires relentless attention to detail, excellent analytical skills, and the ability to work independently on multiple projects simultaneously. Work streams include market research, financial modeling, and qualitative and quantitative analytical support across various areas such as private markets investments, portfolio and asset management, and impact and investor reporting.

The primary goals of this position at Blue Forest include: (1) evaluating investment opportunities for BFAM, and (2) contributing to the growth of BFAM as a leading specialist investment platform.

• Perform detailed financial analysis of investment opportunities, including building and populating accurate and dynamic financial models in Microsoft Excel
• Screen potential investments and write concise analytical memos and present findings to internal audiences, primarily the Investment Committee
• Plan and lead investment due diligence, including market research, reviewing third‑party consultant reports, legal document review, and financial due diligence broadly
• Coordinate Blue Forest’s impact strategy for its investments, including impact quantification efforts

• Coordinate ongoing payment flows, such as loan drawdowns, interest payments, etc. (including with third‑party service providers as relevant)
• Monitor covenants and other operational elements of deals
• Build and maintain financial models as inputs into the Blue Forest portfolio management function
• Contribute to investor reports and other Blue Forest collateral

• Explore new private markets investment products and opportunities via market research, landscape analysis, and stakeholder engagement
• Conduct fund financial modeling, prepare materials such as pitch decks and data rooms, and support investor relations for new fund development and capital raising processes

• Continuously improve BFAM Investment team policies, procedures, and playbooks
• Execute key portions of business processes, including budgeting,…