VP, Investments

Hiive is redefining how private companies and their shareholders access liquidity. Through its institutional-grade platform, Hiive brings together buyers, sellers, and issuers to facilitate secondary transactions in venture-backed, pre-IPO companies, introducing efficiency, transparency, and standardization to an otherwise opaque asset class.

Recognized as one of Canada's fastest-growing companies and backed by leading U.S. investors, Hiive is profitable, well-capitalized, and building a high-performance team to meet growing demand and pursue new market opportunities.

Interested in learning more about life at Hiive? Check out our careers page to see how you can grow with us!

As VP of Investments at Hiive, you report directly to Hiive's CEO and have a dynamic and entrepreneurial role encompassing two primary dimensions.

First, you will be the CEO of Hiive's affiliated investment advisor, Hiive Advisors Inc (HAI). HAI's mandate is to build assets under management by
1) sourcing high-quality investment opportunities for HAI managed funds,
2) establishing a high standard for transparency, accountability and re-sale liquidity for funds traded on Hiive's platform holding the securities of private, late-stage venture-backed companies.

Second, you will be responsible for new investment product design, development and execution. In this role, you will respond to customer demand signals by delivering new products and bespoke investment solutions for the institutional market.

In this role, your responsibilities would include:

• Chair the Hiive Advisors Inc. (HAI) Investment Committee, holding ultimate responsibility for all investment decision-making and responsibilities of the Advisor.
• Determine and implement the investment strategy for any Hiive Fund, including establishing, maintaining, and monitoring investment strategies, policies, and guidelines.
• Assess, structure, and approve all Hiive-managed fund formations.
• Conduct comprehensive due diligence of the seller, the company, and the underlying fund for dual-layer funds.
• Ensure fund obligations are adequately and accurately papered, including raising and decisioning legal and commercial points in purchase and fund governance agreements.
• Establish, maintain, and monitor pricing and valuation strategies, policies, and guidelines, and review the current value of each holding of any Hiive Fund pursuant to the HAI Pricing policy.
• Make investment decisions during distributions (e.g., cash/kind, liquidation date, elections) and determine the form and timing of any distribution upon a liquidation event.
• Direct investor communications for events such as corporate actions, price changes, and transaction term changes.
• Oversee new fund product design.
• Oversee multi-asset fund approvals, including execution considerations, price, marketability, and sales pipeline for other funds and directs.
• Participate in pitches of investment solutions to institutional customers.
• Mark-to-market warehoused investments to be placed into Hiive-managed funds for marketing.
• Direct Hiive's fund administrator to take action with regard to Hiive-managed funds.
• Act as the funds domain expert at Hiive for internal and external stakeholders.

Required Skills:

• Proven ability to determine, implement, and monitor complex investment strategies, policies, and guidelines for funds.
• Demonstrated knowledge in establishing, maintaining, and reviewing pricing and valuation strategies and policies for fund holdings.
• Strong understanding of fund obligations, purchase agreements, and fund governance to ensure accurate documentation and decision-making of legal/commercial points.
• Experience in chairing a high-stakes Investment Committee and holding ultimate responsibility for all investment decision-making.

Preferred Skills:

• Comprehensive experience in assessing, structuring, and approving private fund investments, including conducting thorough due diligence on sellers, companies, and underlying funds.
• Practical experience with making decisions on distributions, liquidation events, and directing fund administration activities.
• Capability to direct critical investor communications regarding corporate actions, price changes, and…