Hr Collaborative - Grand Rapids, MI
posted 4 months ago
The New Community Transformation Fund (NCTF) is on a mission to foster economic growth for business owners from the Black, Indigenous, and people of color (BIPOC) communities. As the Managing Director, you will play a crucial role in driving this mission forward by sourcing innovative investment opportunities and building strong relationships within the community and with investors. This position is pivotal in ensuring the success of the organization by leading fundraising efforts, negotiating deals, and overseeing the operational aspects of managing a venture fund. You will be at the forefront of business growth, creating, negotiating, and closing investment opportunities that align with our goals of inclusive prosperity. In this role, you will develop and execute business strategies in collaboration with strategic partners to meet both short-term and long-term investment objectives. You will establish and maintain relationships with key community contacts and experts to enhance NCTF's presence in the community. Additionally, you will prepare and present quarterly and annual reports for various stakeholders, ensuring transparency and accountability in our operations. Your responsibilities will also include identifying venture capital deals from various sources, evaluating investment opportunities, managing Term Sheet negotiations, and conducting thorough due diligence, particularly in sectors such as fintech, life sciences, advanced manufacturing, and information technology. You will summarize investment opportunities for the Investment Committee and support portfolio companies to ensure they meet performance and strategic objectives. As the primary contact for holdings, investors, and board members, you will maintain regular communication and engagement in the organization's work, leading all activities related to onboarding new investors and achieving fundraising goals for specific deals. Your leadership will be instrumental in driving the organization towards its mission of creating sustainable opportunities that transform lives and strengthen our community.