Managing Director, Originations

Triplepoint-Capital-LLC; New York (NY); On-site; USD 250,000 - 400,000; Full time

Benefits offered by this job

Paid time off

Medical insurance

Dental insurance

Vision insurance

Retirement plan

Life insurance

Job summary

TriplePoint Capital, a leading global investment platform, is seeking a Managing Director for its New York City originations team. The role focuses on sourcing new investment opportunities, negotiating debt financing terms, and conducting rigorous due diligence with a strong network in venture capital and growth equity.

A track record in venture lending and relationships within startups is essential. The position offers a performance-driven compensation package with a comprehensive benefit

Qualifications

• Experience in venture debt or venture capital.
• Strong deal origination and closing track record.
• Demonstrated due diligence and underwriting skills.
• Proven ability to manage portfolio performance and relationships.

Responsibilities

• Sourcing Investments: build and maintain relationships with VC and startup community.
• Negotiating Debt Financing Transactions: structure terms with portfolio companies and exits.
• Due Diligence and Underwriting: analyze financials, business models and market potential.
• Presentation to the Credit/Investment Committee: deliver detailed risk/benefit analyses.
• Portfolio Management: monitor investments to ensure expected performance.

Skills

Venture debt

Deal origination

Investment underwriting

Portfolio management

Relationship building

Due diligence

Education

Bachelor's in Finance

MBA preferred

Tools

Financial modeling

Excel

PowerPoint

Credit analysis

Job description

Description

About TriplePoint Capital

TriplePoint Capital is an industry-leading global investment platform that provides customized debt financing, leasing, and direct equity to venture capital-backed companies in technology and other high-growth industries at every stage of their development with unparalleled levels of creativity, flexibility, and service.

Position Overview

TriplePoint Capital is looking to add a Managing Director to our Originations Team. This position is based in New York City. This role provides a compelling opportunity to join a rapidly growing team highly focused on deal execution.

Ideal candidates will be experienced originations and investment team members, specifically in venture lending and venture capital. Ideal applicants will have established strong networks and relationships within the venture capital and growth equity communities and connections with startup executives.

These networks should span various sectors, particularly in technology and life sciences, encompassing industries such as software, fintech, health tech, consumer products, and life sciences. A strong understanding of these sectors and the ability to leverage these connections to identify and evaluate potential investment opportunities is crucial for success in this role.

The role primarily focuses on identifying and sourcing new investment opportunities by leveraging relationships with venture capitalists, company executives, entrepreneurs, and other key players within the startup and venture ecosystem.

Responsibilities include, but are not limited to the following:

• Sourcing Investments: Proactively building and maintaining strong relationships with venture capitalists and influential figures in the startup community to identify promising investment opportunities.
• Negotiating Debt Financing Transactions: Skillfully negotiating the terms and conditions of debt financing transactions with both new portfolio companies and existing ones.
• Due Diligence and Underwriting: Actively participating in the due diligence process by analyzing financial statements, assessing business models, and evaluating market potential.
• Presentation to the Credit/Investment Committee: Prepare detailed presentations that outline the potential benefits and risks associated with each transaction for the Credit Committee.
• Portfolio Management: After closing transactions, closely monitor and manage portfolio company investments to ensure they meet performance expectations.

Requirements

Ideal candidates will have knowledge of venture capital industry and ideally prior experience at a venture capital fund, P/E fund, or other recognized financial investment institution. Investment banking experience at bulge bracket firms or other elite boutique banks a plus.

Desired Qualifications:

• Bachelor’s degree in finance, business, or a related field; MBA or equivalent advanced degree is preferred.
• Minimum of 6-10 years of experience in venture debt, venture capital, private credit, investment banking, or a related field, with a demonstrated track record in deal origination.
• Proven ability to meet or exceed business development targets and demonstrate effective decision-making in fast-paced environments.
• Strong track record of sourcing deals

The salary range for this role is $250,000 to $400,000, based on factors such as education, experience, skills, and location. This range applies only to jobs in the specified area.

In addition to the base salary, this position is eligible for a bonus, and our comprehensive compensation package includes benefits like paid time off, medical, dental, and vision insurance, a retirement plan, and life insurance for eligible employees.