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Principal: Debt-like Investments

Berlin
Full-Time
Posted on 
July 18, 2021
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Job Description

True Growth Capital (TGC) is a Berlin, Germany, based investor.

We are positioned at the intersection of angel, family office and venture capital.

Our partners are some of the leading entrepreneurs in Germany.

TGC follows a multi asset investment structure:

  • Venture Capital: Equity investments (Early Stage or Pre-IPO) --> check out our portfolio on truegrowth.de
  • Venture Capital: Debt investments (Early to Growth Stage)
  • VC Incubation / Company Building
  • Real Estate Investments
  • Other alternative asset strategies (LP stakes, PE etc).

As part of a successfully completed fundraise for one of our venture funds, we are looking for a principal in startup debt investments.

In this role, you will be responsible for our debt-like investments in fields like venture debt and revenue-based finance. You will have the option to move up to managing partner very quickly and take on long-term leadership of the fund.

Tasks

This is a very fast-paced role with significant responsibility and decision-making authority. You will get exposure to a broad range of investment-related topics and actively build and grow an existing, well-functioning venture fund. The fund is financed by large private and institutional investors, has a strong brand and 7-digit AUM.

To master this challenge, you need to be good at and have fun selling non-dilutive financing options to founders and LPs alike. We are not looking for an analyst, but for a partner mindset.

Dealflow Management

  • You will source new deals from a variety of channels, from databases to events
  • Further development of deal sourcing channels, with a special view on active sourcing and friendly investor landscape
  • Representing the firm at (virtual) industry events, coffee chats, founder meetings etc

Deal Execution

  • You are fully responsible for executing and closing transactions yourself, according to
  • Evaluating a wide range of pitches
  • Conducting diligence on promising deals, researching markets, forming your opinion
  • Close deals, handle legal work, pay out the investment, celebrate together with the founders!

Portfolio Management

  • Manage and support your portfolio, and handle the occasional crisis from time to time…
  • Handle payments and contracting / work jointly with service providers and your team.

Investor Management

  • Work together with the anchor LPs on developing the fund
  • Prepare and manage all investor communication, including investment committee and approval processes
  • Manage the legal setup and LP relations

Fundraising

  • Scale AUM through raising further funds from private and institutional investors
  • Research, outreach, pitch, convince new LPs together with your team
  • Be the face of the company, handle PR and marketing requests

Company Building

  • Be a thought leader, develop new investment strategies and position our vehicle as an European leader in alternative venture financing
  • Further develop the investment thesis/guidelines for the existing model
  • Build your team, scale operations and technology

Qualification

  • Professional Mindset. Minimum 1 year of professional experience in a high growth environment: venture operations or venture capital, consulting and i-banking (but please have a credible "why you want to go into venture..." :-))
  • Strong interest in and understanding of startups and venture capital, solid understanding of incentives and dynamics for funds, founders and possible alternatives to equity capital
  • Strong communication skills, natural ability to speak & sell
  • Senior appearance, you will communicate mostly with CEOs
  • Efficiency, but also diligence. You are managing millions of Euros but also your time :-)
  • Motivation and ability to work and build up a team independently
  • Fluency in German and English

Benefits

  • An unmatched opportunity. You join, and soon lead, a cash-producing investment fund whose growth you can shape based on your own strategic vision
  • Total freedom and responsibilty. Take on partner-level responsiblity in a venture fund and open up debt-like investments as a new asset class in VC
  • A-Level Support. Access to experienced partners and resources within True Growth, while still retaining full independence. It's your baby!
  • Competitive Package. We hate trade-offs and will incentivize you to stay for the long term.
  • Your own schedule. This is a highly demanding role! Yet you will always be flexible to choose, when, how and with whom you work. If you want to work onsite, we have a great office in central Berlin.

We are looking forward to meeting you! We are quick, direct and value personal interaction during the process.

👉 Don't forget to mention Startup & VC in your application!
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