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Growth Investments is the growth-stage investment arm of Novo Holdings, a world-leading life science investor managing over $100bn of assets on behalf of the Novo Nordisk Foundation (the largest enterprise foundation in the world, by assets).
Operating out of Novo Holdings San Francisco office, Novo Growths purpose is to make sizeable investments in highly innovative, scalable life science companies that have recently reached, or are close to, the commercial stage, with strong long-term potential. Our team focuses on specific investment ecosystems within four industry areas where we have in-house expertise: life science tools and diagnostics; technology within life sciences; industrial biotechnology; and complex manufacturing and supply chain. Our global mandate, flexible investment horizon, and ability to deploy significant capital allow us to continue to support companies as they reach increasing scale with the goal of helping them reach their long-term potential.
Requirements
For an immediate or near-term start in its San Francisco office, Novo Growth is seeking an Associate who can contribute to the identification, origination, evaluation, diligence, and negotiation of new investments as well as to asset management activities within its growing portfolio. Specific day-to-day responsibilities may include, but are not be limited to, the following:
Evaluate new investment opportunities and synthesize findings in form of PowerPoint Presentations, Word memos and Excel models for internal discussions
Take part in preparing all aspects of internal investment documentation in form of PowerPoint presentations, Word memos and Excel models, to be presented to governing bodies of Novo Holdings (e.g., Novo Growths Investment Committee and Novo Holdings Executive Management)
Manage projects by taking a lead on scoping and managing the content and timing of relevant due diligence streams (e.g., commercial, financial, legal, IT, operational) related to investment projects and portfolio companies
Take lead on creating models in Excel to assess new potential and current investments, including all aspects of bottom-up operational forecasting, valuation models (e.g., discounted cash flow valuation, return / hold valuation, and peer group valuation), and capital structure models
Continuously expand industry expertise through desktop research, external meetings, expert calls, external advisors, and conferences
Leverage the knowledge and capabilities of the broader Novo Holdings team and collaborate with other departments and colleagues in other locations on investment projects in overlapping industries
Qualifications
We are looking for a candidate with:
A Bachelors degree from a top-tier institution
2+ years at a top investment bank
Strong financial modeling skill set
An interest in life sciences
Benefits
Medical and dental, retirement, 5 months of parental leave regardless of gender, commuting reimbursement, One Medical membership, fitness reimbursement, family planning benefits, home internet reimbursement, daily catered lunches, 20 vacation days, and 16 holidays annually.
Novo Holdings
