Frontall USA LLC
Associate, Growth Investments Novo Holdings
Frontall USA LLC, San Francisco, California, United States, 94199
For an immediate or near-term start in its San Francisco office, Growth Investments is seeking an Associate who can contribute to the identification, origination, evaluation, diligence, and negotiation of new investments as well as to asset management activities within its growing portfolio. Specific day-to-day responsibilities may include, but are not be limited to, the following:
Evaluate new investment opportunities and synthesize findings in form of PowerPoint Presentations, Word memos and Excel models for internal discussions
Take part in preparing all aspects of internal investment documentation in form of PowerPoint presentations, Word memos and Excel models, to be presented to governing bodies of Novo Holdings (e.g., Novo Growth’s Investment Committee and Novo Holdings’ Executive Management)
Manage projects by taking a lead on scoping and managing the content and timing of relevant due diligence streams (e.g., commercial, financial, legal, IT, operational) related to investment projects and portfolio companies
Take lead on creating models in Excel to assess new potential and current investments, including all aspects of bottom-up operational forecasting, valuation models (e.g., discounted cash flow valuation, return / hold valuation, and peer group valuation), and capital structure models
Continuously expand industry expertise through desktop research, external meetings, expert calls, external advisors, and conferences
Leverage the knowledge and capabilities of the broader Novo Holdings team and collaborate with other departments and colleagues in other locations on investment projects in overlapping industries
Qualifications
We are looking for a candidate with:
A Bachelor’s degree from a top-tier institution
2+ years at a top investment bank or leading consultancy or leading investment organization
Strong financial modeling skill set
An interest in life sciences
Personal qualifications:
Independent, self-motivated, strong work ethic, and resourceful
Strong interpersonal skills, ability to build good relationships, and works well in teams
High attention to detail
Ambitious, proactive, and structured approach to problem-solving
Strong sense of integrity and high ethical standards
About Novo Holdings
Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation.
Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2023, Novo Holdings had total assets of EUR 149 billion.
Working at Novo Holdings
At Novo Holdings, we are committed to developing our internal talent and have a long track record of promotion to the senior levels of our team. Our size, evergreen platform, and diversification across sector, stage and geography (locations in the US and Europe) provides an excellent training ground for career development. We have a respectful and collaborative work culture where everyone’s opinion is valued. We are committed to diversity, equity, and inclusion. We welcome and celebrate individuals of all backgrounds, orientations, and identities.
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Evaluate new investment opportunities and synthesize findings in form of PowerPoint Presentations, Word memos and Excel models for internal discussions
Take part in preparing all aspects of internal investment documentation in form of PowerPoint presentations, Word memos and Excel models, to be presented to governing bodies of Novo Holdings (e.g., Novo Growth’s Investment Committee and Novo Holdings’ Executive Management)
Manage projects by taking a lead on scoping and managing the content and timing of relevant due diligence streams (e.g., commercial, financial, legal, IT, operational) related to investment projects and portfolio companies
Take lead on creating models in Excel to assess new potential and current investments, including all aspects of bottom-up operational forecasting, valuation models (e.g., discounted cash flow valuation, return / hold valuation, and peer group valuation), and capital structure models
Continuously expand industry expertise through desktop research, external meetings, expert calls, external advisors, and conferences
Leverage the knowledge and capabilities of the broader Novo Holdings team and collaborate with other departments and colleagues in other locations on investment projects in overlapping industries
Qualifications
We are looking for a candidate with:
A Bachelor’s degree from a top-tier institution
2+ years at a top investment bank or leading consultancy or leading investment organization
Strong financial modeling skill set
An interest in life sciences
Personal qualifications:
Independent, self-motivated, strong work ethic, and resourceful
Strong interpersonal skills, ability to build good relationships, and works well in teams
High attention to detail
Ambitious, proactive, and structured approach to problem-solving
Strong sense of integrity and high ethical standards
About Novo Holdings
Novo Holdings is a holding and investment company that is responsible for managing the assets and the wealth of the Novo Nordisk Foundation. The purpose of Novo Holdings is to improve people’s health and the sustainability of society and the planet by generating attractive long-term returns on the assets of the Novo Nordisk Foundation.
Wholly owned by the Novo Nordisk Foundation, Novo Holdings is the controlling shareholder of Novo Nordisk and Novonesis and manages an investment portfolio with a long-term return perspective. In addition to managing a broad portfolio of equities, bonds, real estate, infrastructure and private equity assets, Novo Holdings is a world-leading life sciences investor. Through its Seeds, Venture, Growth, and Principal Investments teams, Novo Holdings invests in life science companies at all stages of development. As of year-end 2023, Novo Holdings had total assets of EUR 149 billion.
Working at Novo Holdings
At Novo Holdings, we are committed to developing our internal talent and have a long track record of promotion to the senior levels of our team. Our size, evergreen platform, and diversification across sector, stage and geography (locations in the US and Europe) provides an excellent training ground for career development. We have a respectful and collaborative work culture where everyone’s opinion is valued. We are committed to diversity, equity, and inclusion. We welcome and celebrate individuals of all backgrounds, orientations, and identities.
#J-18808-Ljbffr