Partner – Vancouver Venture Capital Firm
About The Company
Founded in 2001 and headquartered in Vancouver, Canada the firm manages $150M in committed capital and is backed by leading institutional and private investors in Canada and the United States and by a network of successful technology entrepreneurs, executives, and angel investors.
The firm leverages an extensive on-the-ground network to seek out the most promising cleantech and IT investment opportunities in Western Canada and we also selectively lead cleantech investments in the U.S. Pacific Northwest and the rest of Canada. Once behind a deal they take an active, lead role with entrepreneurs, building teams and well-financed companies that can dominate growing markets.
Scope of the Positon
Reporting to the General Partners, the Partner is responsible for fundraising, fund investment, and firm operations. The Partner will proffer cleantech subject matter expertise.
Fundraising
• Develop fund offerings by analyzing venture capital investment trends, defining portfolio strategy, and analyzing fund performance.
• Relationship management of prospective Firm Limited Partners.
• Negotiate limited partnership and associated agreements, including any side letter agreements, and close funds.
• Relationship management of existing Firm Limited Partners.
• Support investor relations activities including annual general meetings, quarterly reports, quarterly conference calls.
• Support event management of LP, SLP, ELP activities.
• Relationship management of major partners: other venture capital firms, investment banks, industry analysts.
• Support fund marketing through notices of major achievements: major syndication events, executive/board recruitments, significant portfolio events.
Fund Investment
Deal Flow Development and Management
• Active participation in public relations including speaking engagements, panel participation, granting interviews, writing articles, and attending conferences.
• Conduct sectoral analysis.
• Perform due diligence reviews:
• Effectively manage service providers including lawyers, tax advisors, and expert technology consultants.
• Close deals by successfully progressing investment decisions through the Deal Flow Management Process.
• Close deals by successfully marketing portfolio company financings.
Transaction Support
• Lead the deal structuring and term sheet negotiation to delivery of a signed agreement.
• Assist with investment capital forecasting and planning to ensure timely issuance of capital calls and wire transfers at closing.
• Assist with timely review and comment on closing documentation.
Reporting
• Ensure timely completion of quarterly review materials.
• Ensure timely completion of quarterly reports including company reports and any supporting sections.
Corporate Development
• Monitor industry trends and key participants to identify opportunities for partnership and collaboration.
• Win support for strategic initiatives with management and board directors.
• Establish and lead board subcommittees to engage strategic advisors for consummating strategic transactions with emphasis on fund liquidity events.
• Dispose under-exploited intellectual property or vertical markets business and technical assets through licensing, spin-offs, carve-outs, or asset sale transactions.
Board Governance
• Assume relationship management responsibilities for portfolio company executives and board directors.
• In advance, identify specific initiatives to structure your participation in board meetings.
• Ensure timely filing of board materials and invoicing of meeting expenses.
Portfolio Management and Adding Value
• Conduct portfolio company performance analysis including:
• Assist executive and board recruitment including, but not limited to:
• Assist non-dilutive funding including:
• Maintain industry relationships that can benefit portfolio companies including:
Firm Operations
Transaction Management
• Support term sheet negotiations by advising on specific terms and conditions skillfully tailored to suit the company’s unique circumstances.
• Drive the preparation of draft documentation for review, markups of Firm comments, and coordinate revisions to facilitate timely and cost-effective closings.
• Complete funding of closings by check or wire transfer.
• File all closing books.
Preferred Candidate Qualifications
• Technical undergraduate degree or equivalent and advanced business degree or equivalent.
• Long term success as a C-level executive leading the development, from startup to commercialization, of a successful B2B cleantech business competing in global markets.
• Current history in the cleantech sector in the Pacific Northwest; career focus is from a market perspective versus technical perspective.
• Led or was actively involved in corporate growth strategies – joint ventures, M&A activity, strategic alliances - for a technology company at the beginning of the commercialization phase.
• Core competency lies in understanding the critical steps required to commercialize a cleantech business; proven ability developing company commercialization capabilities, management capacity, and commercialization activities for cleantech technologies, products and services
• Knowledge of key cleantech industry companies, government policies and funding, and general industry market issues including a high-level understanding of technology and its demonstration and commercialization; displays an understanding of industry and government economic viability issues, a sense of long-term market trends, and is able to characterize and quantify industry risk factors.
• Possesses a current cleantech network comprised of scientists, professors, CTOs, executives, board directors, industry leaders, policy makers, government officials, professional service providers, and investment professionals that can be leveraged; prefer the network to be outside of BC in Alberta, Washington, and/or Oregon.
• Offers deep product development expertise with an ability to assess the degree of engineering difficulty and probability of success; does not have to be an engineer or scientist - but has a natural curiosity for technology; has a sound understanding of the technology development cycle and the engineering leadership and technical capabilities required to lead an early stage company to commercially viable technical solutions.
• Superior communication (written and verbal) skills and the ability to influence to achieve results; can “sell” ideas to build consensus with partners in the firm, and to portfolio companies and prospects.
For more information about this search or to refer a candidate please contact by email to Tom Summers at tsummers@stonewoodgroup.com .
Founded in 2001 and headquartered in Vancouver, Canada the firm manages $150M in committed capital and is backed by leading institutional and private investors in Canada and the United States and by a network of successful technology entrepreneurs, executives, and angel investors.
The firm leverages an extensive on-the-ground network to seek out the most promising cleantech and IT investment opportunities in Western Canada and we also selectively lead cleantech investments in the U.S. Pacific Northwest and the rest of Canada. Once behind a deal they take an active, lead role with entrepreneurs, building teams and well-financed companies that can dominate growing markets.
Scope of the Positon
Reporting to the General Partners, the Partner is responsible for fundraising, fund investment, and firm operations. The Partner will proffer cleantech subject matter expertise.
Fundraising
• Develop fund offerings by analyzing venture capital investment trends, defining portfolio strategy, and analyzing fund performance.
• Relationship management of prospective Firm Limited Partners.
• Negotiate limited partnership and associated agreements, including any side letter agreements, and close funds.
• Relationship management of existing Firm Limited Partners.
• Support investor relations activities including annual general meetings, quarterly reports, quarterly conference calls.
• Support event management of LP, SLP, ELP activities.
• Relationship management of major partners: other venture capital firms, investment banks, industry analysts.
• Support fund marketing through notices of major achievements: major syndication events, executive/board recruitments, significant portfolio events.
Fund Investment
Deal Flow Development and Management
• Active participation in public relations including speaking engagements, panel participation, granting interviews, writing articles, and attending conferences.
• Conduct sectoral analysis.
• Perform due diligence reviews:
• Effectively manage service providers including lawyers, tax advisors, and expert technology consultants.
• Close deals by successfully progressing investment decisions through the Deal Flow Management Process.
• Close deals by successfully marketing portfolio company financings.
Transaction Support
• Lead the deal structuring and term sheet negotiation to delivery of a signed agreement.
• Assist with investment capital forecasting and planning to ensure timely issuance of capital calls and wire transfers at closing.
• Assist with timely review and comment on closing documentation.
Reporting
• Ensure timely completion of quarterly review materials.
• Ensure timely completion of quarterly reports including company reports and any supporting sections.
Corporate Development
• Monitor industry trends and key participants to identify opportunities for partnership and collaboration.
• Win support for strategic initiatives with management and board directors.
• Establish and lead board subcommittees to engage strategic advisors for consummating strategic transactions with emphasis on fund liquidity events.
• Dispose under-exploited intellectual property or vertical markets business and technical assets through licensing, spin-offs, carve-outs, or asset sale transactions.
Board Governance
• Assume relationship management responsibilities for portfolio company executives and board directors.
• In advance, identify specific initiatives to structure your participation in board meetings.
• Ensure timely filing of board materials and invoicing of meeting expenses.
Portfolio Management and Adding Value
• Conduct portfolio company performance analysis including:
• Assist executive and board recruitment including, but not limited to:
• Assist non-dilutive funding including:
• Maintain industry relationships that can benefit portfolio companies including:
Firm Operations
Transaction Management
• Support term sheet negotiations by advising on specific terms and conditions skillfully tailored to suit the company’s unique circumstances.
• Drive the preparation of draft documentation for review, markups of Firm comments, and coordinate revisions to facilitate timely and cost-effective closings.
• Complete funding of closings by check or wire transfer.
• File all closing books.
Preferred Candidate Qualifications
• Technical undergraduate degree or equivalent and advanced business degree or equivalent.
• Long term success as a C-level executive leading the development, from startup to commercialization, of a successful B2B cleantech business competing in global markets.
• Current history in the cleantech sector in the Pacific Northwest; career focus is from a market perspective versus technical perspective.
• Led or was actively involved in corporate growth strategies – joint ventures, M&A activity, strategic alliances - for a technology company at the beginning of the commercialization phase.
• Core competency lies in understanding the critical steps required to commercialize a cleantech business; proven ability developing company commercialization capabilities, management capacity, and commercialization activities for cleantech technologies, products and services
• Knowledge of key cleantech industry companies, government policies and funding, and general industry market issues including a high-level understanding of technology and its demonstration and commercialization; displays an understanding of industry and government economic viability issues, a sense of long-term market trends, and is able to characterize and quantify industry risk factors.
• Possesses a current cleantech network comprised of scientists, professors, CTOs, executives, board directors, industry leaders, policy makers, government officials, professional service providers, and investment professionals that can be leveraged; prefer the network to be outside of BC in Alberta, Washington, and/or Oregon.
• Offers deep product development expertise with an ability to assess the degree of engineering difficulty and probability of success; does not have to be an engineer or scientist - but has a natural curiosity for technology; has a sound understanding of the technology development cycle and the engineering leadership and technical capabilities required to lead an early stage company to commercially viable technical solutions.
• Superior communication (written and verbal) skills and the ability to influence to achieve results; can “sell” ideas to build consensus with partners in the firm, and to portfolio companies and prospects.
For more information about this search or to refer a candidate please contact by email to Tom Summers at tsummers@stonewoodgroup.com .