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Mass General Brigham (Enterprise Services)

Investment Director, MGB Investment Office

Mass General Brigham (Enterprise Services), Somerville, Massachusetts, us, 02145


Description

As a not-for-profit organization, Mass General Brigham (MGB) is committed to supporting patient care, research, teaching, and service to the community by leading innovation across our system. Founded by Brigham and Women's Hospital and Massachusetts General Hospital, MGB supports a complete continuum of care including community and specialty hospitals, a managed care organization, a physician network, community health centers, home care, and other health-related entities. Several of our hospitals are teaching affiliates of Harvard Medical School, and our system is a national leader in biomedical research.

Investment Office General Overview

Mass General Brigham's Investment Office manages more than $20 billion for MGB, invested primarily via partnerships with third-party investment management firms. Strategies in the portfolio include private equity, venture capital, long-only equities, long/short equities, and real assets investments. Our goal is to generate excellent long-term risk-adjusted returns to support MGB's mission to improve the lives and health outcomes of patients globally.

The Investment Office offers a collaborative, team-oriented environment. We strive to be nimble in our pursuit of exceptional investment opportunities, as well as our support of world-class investment partners. This is a hybrid position based in Boston/Somerville, MA.

Investment Director Job Description

The Investment Office is looking to hire an Investment Director to join our generalist investment team. This position offers a unique opportunity to have an outsized impact on a $20+ billion investment portfolio serving the long-term operations of a renowned healthcare institution.

We employ an endowment-style approach to investing, partnering with external investment managers to access the most attractive investments globally.

Our work entails underwriting

both

these managers and the assets in their portfolios.

MGB's long-duration capital, scaled capital base, partnership-oriented approach, and mission make us an attractive collaborator for managers who share our time horizon and values.

The Investment Office offers a collaborative and meritocratic environment in which all members of our investment staff sit on our internal investment committee. We have the privilege of working with many exceptional investment organizations; you will grow as an investor through your interactions with these groups, as well as your first-hand engagement in our decision-making processes.

Investment staff members travel domestically and internationally to evaluate new and evolving opportunity sets, meet managers, and visit companies. You will lead and co-lead diligence processes and make investment recommendations, which entails rigorous analytics and creative thinking. In addition, all investment staff members are engaged in portfolio management decisions and have opportunities to present our work to our Investment Committee. You will help us refine and evolve our investment strategy as the investment universe evolves, too.

We are a small team, which requires us to be nimble and roll up our sleeves to tackle novel challenges. Successful hires will have long-term career progression opportunities on our team. We take mentorship seriously and are excited to support talented, dedicated teammates in their career goals.

Investment Director responsibilities include, but are not limited to:

* Identify investment niches, themes, and network nodes that could lead to compelling new investment opportunities

* Collaborate with colleagues to underwrite investments; this work includes evaluating both investment managers and the assets in their portfolios

* Sit on our internal investment committee

* Author white papers to help us refine our strategy and processes

* Successful Investment Directors earn progressive levels of responsibility around manager relationships and monitoring, with promotion opportunities to Managing Director

* Candidates must be willing to work a hybrid schedule from MGB's Somerville, MA (Boston area) office, as well as travel domestically and internationally

Qualifications Investment Director Qualifications

* Strong interest in investing; excited to work across investment asset classes and geographies

* Energetic, positive, can-do attitude; highly collaborative and team-oriented

* Entrepreneurial mindset; willing to play both leading and supporting roles in diligence efforts

* Inspired to support a mission-driven organization; dedicated to representing MGB's best interests and acting with unquestionable ethics at all times

* Curious and analytical; excited by new challenges

* Exceptional oral and written communication skills

* Strong relationship management abilities

* Bachelor's degree or higher with excellent academic credentials

* Prior work experience in analytical field; investment experience (in any area) preferred

* This role is best suited to candidates with at least 4 years of work experience EEO Statement

Mass General Brigham is an Equal Opportunity Employer & by embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law.

Primary Location

:

MA-Somerville-MGB Assembly Row

Work Locations

:

MGB Assembly Row

399 Revolution Drive

Somerville

02145

Job

:

Finance/Accounting

Organization

:

Mass General Brigham

Schedule

:

Full-time

Standard Hours

:

40

Shift

:

Day Job

Employee Status

:

Regular

Recruiting Department

:

MGB Investments

Job Posting

:

Nov 18, 2024 #J-18808-Ljbffr