Sr. Managing Director, American Heart Association Ventures

Overview

As we celebrate our Centennial year, we invite you to join us in shaping the next century of impact. Be a relentless force for a world of longer, healthier lives as we remain devoted to a future of health and hope for everyone, everywhere. At the American Heart Association, your contribution matters, and so does your career.

 

We are currently hiring for a Sr. Managing Director for our Go Red for Women Venture Fund (GRFW Fund). 

 

The selected candidate's location is flexible, provided it allows for effective and cost-efficient travel and ready collaboration with the American Heart Association Ventures team. 

 

The Association offers many resources to help you maintain work-life harmonization through your changing needs and life situations. To help you be successful, you will have access to Heart U, our award-winning corporate university, as well as additional training and support, locally.

 

#TheAHALife is our company culture, our way of life, reflecting our diversity, equity & inclusion, our focus on work-life harmonization and our Guiding Values. Discover why you will Be Seen. Be Heard. Be Valued™ at the American Heart Association by following us on LinkedIn, Instagram, Facebook, X (formerly Twitter), and at heart.jobs.

Responsibilities

The American Heart Association’s Go Red for Women Venture Fund is a new investment fund ($75M capital target) with a mission to improve the health and well-being of women by addressing medical and health conditions (outside of reproductive health) that are specifically or disproportionately experienced by women throughout their life stages. 

 

The GRFW Fund is sponsored by the Association and specific key donors (it is not an LP fund) and will invest in a variety of organizations dedicated to addressing those conditions that align with the mission of the American Heart Association, including cardiovascular health, brain health, and associated conditions, including metabolic, kidney, sleep and others which are known to have a link to overall heart and brain health. In keeping with our mission, we also focus on supporting equitable, sustainable entrepreneurial innovations.

 

The GRFW Fund is a new Association Ventures entity and will invest in for-profit, early-stage companies with a goal to make a meaningful impact on the lives and health of women throughout the United States and beyond and to make a meaningful financial return for the Association. This is intended to be a double-bottom line venture fund that makes an impact and makes market-level returns.  

The Fund is seeking a highly experienced venture professional to manage this new program.  This individual will report to the Managing Partner of American Heart Association Ventures.

 

The right candidate(s) will possess at least 10 years of venture capital investment experience, an entrepreneurial background, and a serious commitment to delivering positive impact in the realm of women’s health across the life stages.  The team will be instrumental in the long-term success of the funds including driving strategy, portfolio company selection, leading the investment process, monitoring portfolio performance, and advising portfolio companies.

The ideal leader will ensure the alignment of the Funds with the Association’s vision, mission, and values and will be responsible for collaborating with an interdisciplinary team of Executives, Social Impact Fund Governance Committee Members, American Heart Association Board leaders, national and local volunteers, and senior staff leadership to ensure the growth, implementation and measurement of the Funds.  The team will also be instrumental in representing the Funds in support of fundraising activities led by the Association’s exceptional fundraising team.

 

This role requires an action-oriented individual (s) with superior analytic and communications skills, both written and verbal; team management skills; excellent financial management skills, and deep familiarity with venture investing and, ideally, women’s health issues beyond reproductive medicine. A key part of the job includes engaging with internal and external stakeholders nimbly, thoughtfully and with the utmost integrity.

 

Essential Job Duties:

• Serve in a lead role in a key new unit of the Association's Venture Capital group, ensuring the financial efficacy, mission-delivery and entrepreneurial evolution of this evolving entity; Responsible for applying a proven track record of success to this core area of the Association’s mission.
• Establish, organize and/or facilitate: (1) governance and operating models, (2) investment strategies, (3) sourcing, cultivating and deal flow generation; (4) due diligence activities, (5) team management, (6) portfolio management, an