Investment Professional, Venture Capital, Secondaries & Co-Invests

About GEM

GEM is an independent investment management firm that provides customized solutions for

long-term investors worldwide. Since 2007, we have sought to deliver superior risk-adjusted

returns to our clients by combining disciplined investment research and active portfolio management with exceptional service and enduring partnership. With a global platform, broad institutional investment capabilities, and an experienced team, we design portfolios to meet the unique needs of each investor we serve.

GEM is seeking a senior investment professional to join our Investment Research Group and lead our venture capital secondaries and co-investment practice. This professional will report to the Managing Director of Venture Capital and will play a central role in sourcing, evaluating, and executing secondary transactions and co-investment opportunities across the technology and venture capital landscape.

We are seeking a candidate with 10+ years of experience in venture capital, fund-of-funds, or institutional investing, with deep knowledge of the technology sector and a proven ability to source and underwrite secondaries and co-investments. The ideal candidate is highly self-motivated, analytically rigorous, and possesses strong deal judgment. Senior investment professionals at GEM are empowered to work independently, cultivate relationships across the ecosystem, and drive high-conviction investment recommendations.

The position responsibilities include, but are not limited to, the following:

• Contribute to building a best-in-class venture capital program across primaries, secondaries and co-investments.
• Lead GEM’s secondaries and co-investment practice, an integral and growing part of its overall venture capital program
• Identify and assess secondary market opportunities, including LP interest sales and structured liquidity solutions
• Source and evaluate co-investment opportunities alongside GEM’s venture capital and technology-focused fund managers
• Lead underwriting and due diligence on secondary transactions and co-investments, including financial modeling, market analysis, and reference checks
• Build and maintain relationships with top-tier venture capital managers, technology investors, and intermediaries in the Bay Area and beyond
• Participate in capital formation activities and client-facing communications
• Mentor junior investment professionals and contribute to the firm’s investment process and culture

Successful candidates will display traits inherent in GEM’s collegial and team-oriented culture, including enthusiasm, honesty, humility, integrity, and curiosity.

• Undergraduate degree with strong academic performance; CFA or MBA preferred
• 10+ years of relevant experience in venture capital, fund-of-funds, or institutional investing focused on the technology sector, with a track record of successful secondary transactions and co-investments
• Deep familiarity with the venture capital and technology investment landscape, particularly in the Bay Area
• Ability to conduct industry research, articulate opinions, and make clear and concise investment recommendations
• Strong communication and interpersonal skills, work ethic, and professional demeanor in a team-oriented, collaborative environment

• The base salary range for this position is $250,000–$350,000 annually. The actual base salary will be determined based on experience, skills, and other job-related factors.
• This role will be eligible for an annual discretionary performance bonus, based on both individual and Company performance.
• 401(k) retirement plan with employer contribution
• Comprehensive medical, dental, and vision health insurance
• Life insurance; short- and long-term disability insurance
• Flexible Spending Account / Health Savings Account
• Education assistance, including certifications, professional membership reimbursements, and related expenses.
• Wellness reimbursement program
• Paid time off
• Firm and team outings/socials

• Position type – Full-time
• Essential physical requirements – Ability to sit and work on a computer for an extended period
• Travel requirements – up to 10%

The pay range for this role is:

250, USD per year (San Francisco, CA)